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Michael Jackson’s body has been released to his family amid reports that the singer was regularly taking a cocktail of prescription drugs.
His body was taken to a mortuary late on Friday night at the request of the Jackson family who have yet to confirm their plans for the 50-year-old’s funeral.
Jackson was raised as a Jehovah’s [...]

Washington – President Barack Obama’s economic team sought to ease fears that US banks are on the verge of either collapse or nationalization amid reports Monday that the government is considering a large ownership stake in Citigroup Inc.
The Treasury, Federal Reserve and other government finance agencies issued a rare joint statement assuring investors that the [...]

Gold touched new heights at Rs 15,200 per 10 gram in the morning trading in Delhi, in line with significant rise in gold prices in the international market. Another reason for high price in India was decline in Indian currency and stock market.
Stockists kept on buying the precious metal, considering it as the safest investment [...]

Warsaw – The Polish Senate speaker on Tuesday called off a visit from the head of the Pakistani Senate amid the recent killing of a kidnapped Polish engineer by the Taliban in Pakistan.
Senate speaker Bogdan Borusewicz said the cancellation wasn’t a move directed “against Pakistan,” but that the talks would not be possible “in such [...]

Tokyo – Tokyo stocks ended lower Thursday as investors sold shares to lock in profits from the previous day’s gains amid spreading concerns about the Japanese economy.
The benchmark Nikkei 225 Stock Average dipped 89.29 points, or 1.11 per cent, to close at 7,949.65. The index had snapped a three-day losing streak Wednesday, rising more than [...]

Tokyo – Sanyo Electric Co on Thursday reported a net loss of 14.33 billion yen (160.33 million dollars) during the quarter that ended December 31 amid the global economic downturn and the yen’s surge against the dollar.
The Japanese electronics company logged a net profit of 12.78 billion yen during the same quarter a year earlier.
Sanyo’s [...]

Sana’a, Yemen  – Somalia’s former Somali President Abdullahi Yusuf Ahmed, who resigned last month amid an internal power struggle, arrived in the Yemeni capital Sana’a Tuesday seeking political asylum, Yemeni officials and a Somali diplomat said.
Yemeni officials said Yusuf had expressed his wish to receive political asylum in Yemen until he decides a permanent residence.
A [...]

Warsaw – Polish member of parliament Janusz Palikot resigned Tuesday as head of the Friendly State commission after insulting a former opposition minister, local media reported.
His party had recommended that Palikot be taken off the commission after he accused Grazyna Gesicka of “prostitution” over the former minister’s alleged poor management of European Union funds for [...]

Rome – Fiat deputy chairman John Elkann said Tuesday that the Turin-based carmaker is in talks with Chrysler amid reports of a possible purchase by the Italian company of a majority stake in the ailing US producer.
“It is no secret that we are talking. It has been a while that we are in talks,” Elkann, [...]

Tokyo – Toyota Motor Corp said Tuesday that its global sales in 2008 fell 4 per cent from the year before as consumption waned amid the global economic slowdown.
Despite the sales drop to 8.97 million cars, Japan’s leading automaker said it still expected to become the world’s top automaker by sales, overtaking General Motors Corp [...]

Berlin – German investor confidence could edge up again this month, a key indicator to be released Tuesday is forecast to say, amid efforts from governments and central banks around the world to halt the downturn underway in the global economy.
Drawn up by the Mannheim-based Centre for European Economic Research, the ZEW index is forecast [...]

Harare/Johannesburg – Another round of talks between Zimbabwe’s leaders that had been billed as make or break for the country’s power-sharing agreement ended late Monday in stalemate.
“We came to this meeting hoping that we put the people’s plight to rest,” opposition leader Morgan Tsvangirai told reporters after around 12 hours of closed-door talks in [...]

London. Jan 9 (ANI): English football fans fear a mass exodus of top football stars amid claims that the Premier League is facing a cash crisis.
Sports experts reckon the world’s best league could lose key sponsor Barclays, as the bank tightens its belt to beat the credit crunch, the Daily Star reported.
Officials would be left [...]

London, Jan 9 (ANI): Japanese government is under attack for its apparent attempts to rewrite its wartime past in the new school textbooks.
The government had decided two years ago to delete or rewrite references to 1945 Battle of Okinawa in the history books, where the military apparently forced the civilians into mass suicides faced with [...]

slamabad, Jan.8 (ANI): Thousands of Shia Muslims held peaceful Ashura processions amid tight security across Pakistan on Thursday, commemorating the death of the Prophet Mohammed’’s grandson Imam Hussein.
Police and paramilitary soldiers escorted the Shia community’’s parades in several major cities, and commandos were perched on some rooftops along the routes in a bid to [...]

Washington, Jan.8 (ANI): US President-elect Barack Obama is preparing to scrap the way President Bush oversaw domestic security in the White House and name a former Central Intelligence Agency official to coordinate future counter-terrorism efforts.
Quoting people close to the Obama transition team, the New York Times said that a plan is being discussed to eliminate [...]

Muzaffarabad, Jan 7 (ANI): The newly elected Prime Minister of Pakistan Occupied Kashmir (POK), Sardar Yaqub, took oath of office.
POK President Raja Zulqarnain Khan administered the oath on Tuesday, the Online reported.
Former POK Prime Minister Sardar Attique Ahmed was removed from office in a no-confidence vote amid allegations of corruption and nepotism; the Daily Times [...]

Tokyo – Toyota Motor Corp decided to further reduce output by halting operations for 11 days at 12 domestic plants in February and March, the company said Tuesday.
Due to rapid decline of overseas demand, the leading automaker suspended operations for three days this month at almost all its domestic factories.
Toyota also plans to stop some [...]

Prague – The Czech Republic’s natural gas deliveries dropped for the second day Monday as a gas row between Russia and Ukraine continued, a gas importer said.
Martin Chalupsky, a spokesman for the country’s leading gas importer, RWE Transgas, said the firm on Monday received 9.5 per cent less gas than ordered for the day.
He [...]

Tokyo – New car sales in Japan dropped the lowest in 34 years in 2008 as consumer appetite waned amid economic recession, the Japan Automobile Dealers Association said Monday.
The sales of new cars fell to 3,212,342 units in 2008, down 6.5 per cent from the year before, the association said. The figures exclude small car [...]