Sunday, 18 November 2012

Latest Headlines:





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Israeli air strike kills 11 civilians in Gaza -Hamas

7:35pm GMT
GAZA/JERUSALEM - An Israeli missile killed at least 11 Palestinian civilians including four children in Gaza on Sunday, medical officials said, in an apparent attack on a top militant that brought a three-storey home crashing down. | Video

Insight - Facing austerity, Europe's bureaucrats chafe

11:05am GMT
BRUSSELS - Workers protesting austerity on the streets of southern Europe weren't to know it, but earlier this month there was also a strike at the heart of the European Union - by bureaucrats fighting possible cuts.


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Obama, in Asia, says Myanmar trip to encourage democracy

2:39pm GMT
BANGKOK - U.S. President Barack Obama denied on Sunday his upcoming trip to Myanmar was an endorsement of the government there, calling it an acknowledgement of the progress made in shaking off decades of military rule and encouragement for it go further.
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BP plans 3.7 billion pound share buyback - report

2:18am GMT
LONDON - BP Plc plans to spend up to 3.7 billion pounds buying back its shares after agreeing last week to pay record criminal penalties over the Deepwater Horizon disaster, Britain's Sunday Times said in an unsourced report.
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China's Xi praises Hu for voluntarily giving up power

17 Nov 2012
BEIJING - China's president-in-waiting Xi Jinping has praised his predecessor Hu Jintao for voluntarily stepping down from both his party and military posts, promising to uphold his legacy of defence modernisation, state media said on Saturday.
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Barclays denies making "illegal payment" for Saudi license

17 Nov 2012
DUBAI/JEDDAH, Saudi Arabia - Barclays did not make any "illegal payment" to win a banking license in Saudi Arabia, the bank said in a statement in response to a newspaper report last week that said U.S. authorities were looking at whether improper payments were made.



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