MLC FLASH NEWS

July 27, 2010

Economy erodes election hope for Democrats

Filed under: Gadgets — Reuters: Top News @ 12:28 pm

WASHINGTON (Reuters) - Americans by a large majority believe President Barack Obama has not focused enough on job creation, as economic fears threaten Democrats ahead of November 2 congressional elections, a Reuters-Ipsos poll found on Tuesday.



BP launches image overhaul and ditches CEO

Filed under: Gadgets — Reuters: Top News @ 1:34 am

LONDON (Reuters) - Oil giant BP Plc launched a plan to repair its battered image in the United States on Tuesday, ditching its gaffe-prone chief executive and promising to slim down by trebling an asset sale target to $30 billion.



July 26, 2010

BP set to replace CEO

Filed under: Gadgets — Reuters: Top News @ 12:29 pm

LONDON (Reuters) - BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.



Pakistan secretly helping Taliban: report

Filed under: Gadgets — Reuters: Top News @ 1:07 am

KABUL/WASHINGTON (Reuters) - Pakistan was actively collaborating with the Taliban in Afghanistan while accepting U.S. aid, new U.S. military reports showed, a disclosure likely to increase the pressure on Washington’s embattled ally.



July 25, 2010

BP CEO Tony Hayward nears exit as spill work resumes

Filed under: Gadgets — Reuters: Top News @ 12:26 pm

LONDON/HOUSTON (Reuters) - BP Plc has decided Chief Executive Tony Hayward should step down over his handling of the Gulf of Mexico oil spill and his departure could be announced in the coming days, sources close to the company said on Sunday.



Taliban say they’re holding U.S. soldier and second killed

Filed under: Gadgets — Reuters: Top News @ 8:10 am

KABUL (Reuters) - The Taliban said on Sunday they were holding prisoner one of two U.S. soldiers who strayed into territory controlled by the insurgents, and that the other had been killed.



July 24, 2010

Taliban say 2 U.S. soldiers captured in Afghanistan

Filed under: Gadgets — Reuters: Top News @ 11:12 am

KABUL (Reuters) - The Taliban said on Saturday they had captured two U.S. servicemen in Afghanistan, and NATO confirmed they were missing and scrambled helicopters and planes to search for them.



North Korea declares “sacred war” on U.S. and South

Filed under: Gadgets — Reuters: Top News @ 5:32 am

SEOUL (Reuters) - North Korea said on Saturday it would begin a “sacred war” against the United States and South Korea at “any time necessary” based on its nuclear deterrent, in response to “reckless” military exercises by the allies.



July 23, 2010

Seven banks fail Europe stress test

Filed under: Gadgets — Reuters: Top News @ 7:40 pm

LONDON/MADRID (Reuters) - Just seven European banks failed a health check and were ordered to raise their capital by 3.5 billion euros ($4.5 billion), much less than expected, confirming fears the continent’s long-awaited stress test was too soft.



Seven banks fail Europe’s stress test

Filed under: Gadgets — Reuters: Top News @ 12:22 pm

LONDON/MADRID (Reuters) - Seven European banks would not be strong enough to withstand another recession and would face a capital shortfall of 3.5 billion euros ($4.5 billion), tests run in an attempt to revive investor confidence showed on Friday.



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