28 October 2009 11:30 [Source: ICIS news]
Front page
Insurgents attack UN sites in Kabul
Insurgents attacked two guesthouses and a hotel in Kabul that housed UN staff, killing at least eight people, in one of their most daring attacks on the Afghan capital.
Santander posts flat net profit
The euro zone’s biggest lender by market value reported flat net profit as resilient revenue growth offset a sharp rise in impairments for loan losses.
Audi sees China sales surpassing Germany in 2012
Audi AG will significantly exceed its sales target in China this year and expects the country to outpace its German home turf as its largest single market in 2012 or 2013 at the latest, underscoring a broader geographic shift among auto makers towards Asian growth markets.
Money & Investing
GMAC asks for more US cash
GMAC and the Treasury are in advanced talks to prop up the lender with its third helping of taxpayer money.
Pay Czar increased base pay at firms
Feinberg last week announced sharp cuts in total compensation at companies under his purview.
Ex-AMD chief tied to Galleon case
Former AMD chief Ruiz is alleged to have shared confidential information about the company with a defendant in the Galleon case.
Front page
Brother of Afghan leader is said to be on CIA payroll
Ahmed Wali Karzai, the brother of President Hamid Karzai and a suspected player in the opium trade, has gotten payments from the CIA for eight years, American officials said.
Nine killed in attack on UN house in Kabul
Six UN workers were among the dead, a spokesman said, while Afghan authorities said three attackers were killed.
Business Day
The tiny leader of the pack
Reva, which has been making stubby electric cars for eight years, may be the dark horse of the industry.
Could Chrysler interest you in a Fiat?
Next week, Fiat will unveil its new product line for Chrysler. The line-up is expected to include an environmentally friendly Alfa Romeo SUV and the popular Fiat 500.
Front page
Gunmen storm UN guest house in Kabul
At least six international UN staff members, including one American, were killed on Wednesday morning when a squad of gunmen and bombers attacked a heavily-guarded private guest house in the heart of the Afghan capital shortly after dawn.
Amid violence, Clinton arrives in Pakistan
US Secretary of State Hillary Rodham Clinton arrived in Pakistan on Wednesday for a three-day visit aimed at quelling rising anti-Americanism and convincing Pakistanis that the United States wants a relationship based on more than counterterrorism.
Business
A nuclear power boost for bill
Will a heaping spoonful of nuclear power help Congress swallow a climate bill?
Foreclosures double in Washington area
The number of Washington area homeowners in foreclosure has more that doubled in the past year, according to a report to be released on Wednesday that shows the problem remains most acute in a few counties and could get worse as more borrowers fall behind on their payments.
GLOBE AND MAIL, Canada
Front page
Why H1N1 panic is not the answer
The deaths of two young, previously healthy children are bound to terrify families, and to ramp up the fear related to H1N1 influenza several notches.
Six foreign workers killed in attack on UN guest house in Kabul
Twelve people, including six international workers, were killed and several others injured when gunmen raided a United Nations-approved guest house in the Afghan capital just after dawn on Wednesday.
Business
Flaherty tackles pension shortfall
Ottawa is beefing up protection for employee pensions in federally regulated industries, but stopping short of helping millions of Canadians who have no retirement savings plan or have seen workplace schemes shredded by corporate bankruptcy.
US consumers not ready to cheer end to recession
The recession may be over, but consumers are in no shape to drive the recovery.
Front page
Timerman says debt-swap has ‘positive reaction’ in US
Commercial delays remain, Taiana to meet with Brazilian Ambassador
Foreign Minister Jorge Taiana said that he was "worried about the commercial interruption with Brazil, because several trucks with Argentine products are being held in different areas along the border without previous notification".
US sends top team to Honduras
Time is running out for a solution to the political crisis in Honduras, the US State Department said as senior government officials prepared to travel there to try to revive talks.
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