US producer prices dip in October

US producer prices fell in October after four straight months of rises, officials say. The US Labor Department said on Wednesday the producer price index fell 0.2 per cent from September, led by a drop in energy prices of 0.5 per cent. Food...

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Pelosi set to run the House again

FORMER House speaker Nancy Pelosi said she will run to keep her job as the Democratic leader in the House. The Deomcrats will still have a minority there even as the party gained seats in the Senate and a second term for President Barack Obama....

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Russia loses space station contact

RUSSIA has reportedly lost the ability to send commands to most of its satellites and its segment of the International Space Station (ISS) following a power cable failure near Moscow. State news agency RIA Novosti said on Wednesday the power...

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3 Indian troops, 2 rebels die in Kashmir

AN Indian army officer says three soldiers and two suspected rebels have been killed in a gunbattle near the heavily militarized line of control dividing Kashmir between India and Pakistan. Lieutenant Colonel Ankur Vashist says the fighting...

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SAfrican smuggler swallows 220 diamonds

POLICE in South Africa say they've arrested a 25-year-old man who swallowed 220 polished diamonds in an attempt to smuggle them out of the country. Captain Paul Ramaloko of the South African Police Service says investigators arrested the man...

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Headteacher bailed after homework row

A PAKISTANI headteacher caught in a blasphemy row over a piece of homework allegedly derogatory about the prophet Mohammed has been released on bail. Asim Farooqi, 77, of Farooqi Girls' High School, was released after the Lahore High Court granted...

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Ivory Coast president dissolves cabinet

IVORY Coast President Alassane Ouattara has dissolved his cabinet over an apparent feud between member parties of his governing coalition. Amadou Gon Coulibaly, general secretary of the presidency, told a press conference the decision came after...

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US stocks turn lower in early trade

US stocks have turned lower in early trade after an opening jump helped by good results from Cisco and Abercrombie & Fitch. At 1545 GMT on Wednesday, the Dow Jones Industrial Average was down 60.04 points (0.47 per cent) at 12,696.14. The...

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