Reuters: Top Global and Breaking News

Started by emirate, Aug 08, 2010, 09:01 PM

emirate

NEW YORK (Reuters) - General Motors Co's landmark initial public offering has already garnered $60 billion in orders, six times the amount it had planned to raise, in a sign of healthy investor interest for the massive automaker that was in desperate straits just over a year ago.

GM has orders for $60 billion in stock: sources



emirate

BRUSSELS/DUBLIN (Reuters) - Ireland can manage on its own, the head of the International Monetary Fund said on Saturday, a day after euro zone sources told Reuters the former "Celtic Tiger" was in talks about a possible EU rescue.

IMF says Ireland can manage amid EU rescue talks



emirate

NEW YORK (Reuters) - A diamond engagement ring that belonged to the wife of Bernie Madoff fetched $550,000 at an auction on Saturday, while a pair of black velveteen slippers embroidered with the convicted swindler's initials went for $6,000, U.S. marshals said.

Auction of Madoff effects raises $2 million



emirate

YOKOHAMA, Japan (Reuters) - Leaders of the world's most powerful economies went home on Sunday after four days of summitry that left them little closer to agreeing how best to rebalance the global economy and stave off fresh crises.

Amid economic strains, APEC trumpets free trade



emirate

JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu will probably win narrow approval from his coalition government for a U.S. proposal to extend a freeze on West Bank settlement building, Israeli political sources said Sunday.

Israeli government seen accepting new settlement freeze



emirate

YANGON (Reuters) - Pro-democracy leader Aung San Suu Kyi called on Sunday for freedom of speech in army-ruled Myanmar, urged thousands of supporters to stand up for their rights, and indicated she may urge the West to end sanctions.

Suu Kyi urges freedom of speech in army-ruled Myanmar



emirate

RICHMOND, Virginia (Reuters) - Richmond Federal Reserve President Jeffrey Lacker indicated on Sunday he opposed the central bank's new round of monetary easing, saying he believed the policy was potentially dangerous and likely ineffective.

Lacker says Fed's new easing push too risky



emirate

WASHINGTON (Reuters) - President Barack Obama said on Sunday he was hopeful of working out a deal with Republicans over tax cuts and of winning ratification of a new nuclear weapons treaty with Russia.

Obama sees prospect of deals on tax cuts, START



emirate

ISLAMABAD (Reuters) - The NATO summit in Lisbon this weekend will mark a turning point in the prosecution of the war in Afghanistan as it lays out a roadmap to end combat operations by 2014, the top U.S. envoy to the region said on Monday.

NATO summit a turning point in Afghan war: U.S. envoy



emirate

GENEVA (Reuters) - Scientists at the CERN research center say their "Big Bang" project is going beyond all expectations and the first proof of the existence of dimensions beyond the known four could emerge next year.

Proof of extra dimensions possible next year: CERN