Tuesday, May 04, 2010
International Headlines
>TOP STORIES as of 0800 HKT -- 05 May, 2010
> TIMES SQUARE SUSPECT HAD BOMB TRAINING, DOCUMENTS SAY
U.S. Attorney General Eric Holder says Times Square bomb suspect
Faisal Shahzad has admitted involvement in what is now being
called an attempted terror attack.
> THAI RED SHIRTS 'IN DEAL TO END PROTESTS'
Anti-government protesters who have been blocking off central
Bangkok appear to have reached a deal with the government, their
leaders told demonstrators Tuesday.
> GREEKS STRIKE OVER AUSTERITY MEASURES
Thousands of Greek public sector workers began a 48-hour strike
Tuesday against planned cuts in government spending.
> ACCELERATION WARNING FOR SOME VOLVOS
Volvo has issued a warning about unintended acceleration in
several of its latest models, Volvo Cars corporate spokesman
Per-Ake Froberg told CNN Tuesday.
> SENATOR: 'BP TO PAY FOR SPILL - BALONEY'
Lawmakers will meet with environmental groups Tuesday to gauge
the impact from an explosion aboard a BP oil rig that uncorked a
gusher of oil off the coast of Louisiana.
> BIN LADEN 'AIDE' ARRESTED IN IRAQ
The alleged leader of a militant group responsible for global
"jihadist recruitment" was arrested in Baghdad on Monday, the
U.S. military said.
> IRISH AIRSPACE REOPENS AFTER ASH SCARE
Airspace over Ireland will reopen Tuesday afternoon after ash
from an Icelandic volcano forced a six-hour shutdown, the Irish
Aviation Authority announced.
> REPORT: IRAN ORDERS RUSSIAN PILOTS OUT
Iran's transportation minister says the Islamic republic is
sending home Russian pilots who fly for Iranian airlines,
according to local reports.
BUSINESS
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> ARE RATINGS AGENCIES CREDIT WORTHY?
Their decisions on Greece, Spain and Portugal sparked a market
freefall last week and spurred a $145 billion bailout plan. A
powerful U.S. congressman characterizes them as the triggermen
of the 2008 global financial crisis.
> STABILITY FEARS AFTER GREEK BAIL-OUT
Emergency moves by the ECB and the international rescue package
have failed to quell investor fears about the future of the euro
zone.
> WILL CHINESE CONSUMERS 'GO GREEN'?
China recently put 20 companies on a "polluters' blacklist,"
including famous brands Tsingtao, Hitachi, Philips and China's
most popular instant noodle maker, Master Kong.
