AFP - Nepal's parliament will Tuesday make its seventh attempt to elect a new prime minister and end a stalemate that has held up vital government spending and threatened the fragile peace process.
AFP - Barclays bank said on Tuesday it had chosen American Bob Diamond, head of its highly successful investment banking unit, to become chief executive in place of incumbent John Varley.
AFP - Australian Prime Minister Julia Gillard retained power by a tiny, one-seat majority Tuesday after winning the backing of two key independent MPs following inconclusive polls.
Reuters - British bank Barclays has appointed Bob Diamond, the head of its investment and wealth management business Barclays Capital, as its new group chief executive to replace current head John Varley next year.
AP - The top U.S. and NATO commander in Afghanistan warned Tuesday that an American church's threat to burn copies of the Muslim holy book the Quran could endanger U.S. troops in the country and Americans worldwide.
AP - North Korea requested a shipment of rice, cement and heavy equipment days after rival South Korea offered relief aid to its communist neighbor to help it recover from recent flooding, the South's Unification Ministry said Tuesday.
AP - The top executive at Kia Motors has resigned after the company recalled more than 100,000 vehicles worldwide over defective wiring, the automaker said Tuesday.
AP - Tropical Storm Hermine rolled into south Texas early Tuesday, bringing heavy rains and strong winds to an area battered by Hurricane Alex earlier this summer.
AP - Prime Minister Julia Gillard's center-left Labor Party will form a minority government to rule Australia for a second three-year term, after two independent lawmakers joined her coalition Tuesday in the interest of stable government.
Time.com - Spain's political establishment has rejected a unilateral cease-fire declared by the battered Basque terrorist group ETA. What does it reveal about the cohesion of the separatists and what they might do next?
Time.com - The government insists there is no reason for anxiety but the depositors outside Afghanistan's largest bank are implacable. They want their money back
Reuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.
Reuters - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.
AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.
AFP - The Roma minority are targets of a security crackdown in France, but an EU-funded project has given two dozen members of the community new jobs and new hope at a troubled time for gypsies.
AFP - Deadly protests that paralysed Mozambique's capital last week were spurred by a text message that went viral on Maputo's cell phones, signalling the power of new technology in the hands of the poor.
AP - On a hilltop overlooking Caracas, dozens of shacks made of wood scraps and corrugated zinc have risen among tall weeds — a new slum tacked on to an old one as the poor face harder times in Venezuela.
Reuters - Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the weakness of European banks.
Reuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.
AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.
The Christian Science Monitor - The rise of the Arab states of the Persian Gulf is a now-familiar tale. Tiny societies of pearl divers, coastal merchants, and nomadic Bedouin were transformed in the last half of the 20th century by oil and natural-gas wealth. Sparkling office towers and hotels sprang into the muggy air, the monarchs that rule these tiny emirates became bywords for financial excess, and newspapers described the region's economic "miracle."
AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.
AFP - President Barack Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported.
OneWorld.net - JOHANNESBURG, Sep 3 (PlusNews) - A new, accurate, easy-to-use test can
diagnose tuberculosis (TB) - including drug-resistant strains of the
disease - in less than two hours. It has the potential to save thousands
of lives in developing countries, where current tests are often
unreliable, take weeks to process, or are simply unavailable.
Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
McClatchy Newspapers - JERUSALEM — Jewish settlers across the West Bank have vowed to begin construction in more than 60 locations, posing a direct challenge to Israeli Prime Minister Benjamin Netanyahu as he returned home from Thursday's first round of direct peace talks in Washington.
AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.