Saturday, 10 November 2012

Latest Headlines:





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CIA Director Petraeus resigns, admits extra-marital affair

3:06am GMT
WASHINGTON - CIA Director David Petraeus resigned as head of the leading U.S. spy agency on Friday, saying he had engaged in an extramarital affair and acknowledging he "showed extremely poor judgment." | Video

BBC under fire again after false child sex abuse report

4:06pm GMT
LONDON - Britain's public broadcaster, reeling from revelations that one of its former stars was a paedophile, was struggling to contain damage on Saturday after a flagship news programme aired a mistaken allegation that an ex-politician sexually abused children.


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China says effectively turning the corner on the economy

10:17am GMT
BEIJING - China announced on Saturday that it is effectively turning the corner on the economy and likely to meet its growth target for the year, more good news for Communist Party policy makers meeting in Beijing to anoint new leaders for the next decade.
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Government grabs BoE cash for short-term boost

09 Nov 2012
LONDON - The cash-strapped government said on Friday it would grab an expected 35 billion pound windfall from the Bank of England's bond-buying programme to reduce short-term borrowing.
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Exclusive - Ally near $4 billion unit sale, GM in lead: sources

09 Nov 2012
NEW YORK - Ally Financial Inc is nearing a deal to sell its auto financing operations in Europe and Latin America for around $4 billion (2.5 billion pounds), with General Motors Co emerging as the lead bidder if the company decides to sell those operations as a whole, two sources familiar with the situation said.
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Thousands flee Syria in exodus, millions more need aid

9:16am GMT
ANKARA/DOHA - Thousands of Syrians fled their country on Friday in one of the biggest refugee exoduses of the 20-month civil war after rebels seized a border town, and the United Nations warned that millions more still in Syria will need help as winter sets in. | Video



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