Dubai's Nakheel in talks to extend $2.2 billion loan: report
(Reuters) – Developer Nakheel is in talks to extend 8 billion dirhams ($2.18 billion) in loans due in 2015, the indebted company’s chairman was quoted as saying in a local newspaper on Sunday. Ali Rashid Lootah dismissed concerns over Nakheel’s ability to repay its debts, which also include a 3.8-billion dirham sukuk, or Islamic bond, due in August 2016, Abu Dhabi-based newspaper, The National, reported. …
Novartis golden handshake angers shareholders, politicians
Man killed assembling bomb at a political rally venue in Kenya
GARISSA, Kenya (Reuters) – An explosion killed at least one person in a Kenyan frontier town where a presidential hopeful in the country’s upcoming elections was due to hold a rally on Sunday, police said. Residents heard a huge blast late on Saturday night in the eastern town of Garissa but police only managed to pin down the site of the explosion to a primary school field on Sunday. It was caused by an improvised explosive device (IED), they said. …
Chavez foe to face corruption charges in Venezuela
CARACAS, Venezuela (AP) -- Prosecutors plan to bring corruption charges against a prominent opponent of Venezuelan President Hugo Chavez, claiming he misspent public funds by using them to launch an organization that has become one of the country’s most popular political parties.
Man and two women dead after fire at Victoria house rented by students
VICTORIA – Horrified neighbours watched helplessly as a house fire in Victoria claimed the lives of three young adults early Saturday.
NATO to help implement Karzai air strike decree: NATO commander
Pope, at one of last appearances, says pray for me and next pope
Abu Dhabi lays foundations for mammoth Pakistan property project
McCullum, Guptill guide NZ to win over England
HAMILTON (Reuters) – Brendon McCullum produced a match winning innings while a limping Martin Guptill returned after retiring hurt to guide New Zealand to a three-wicket victory over England in their first one-day international at Seddon Park on Sunday. McCullum finished on 69 while Guptill, who retired hurt on three after he strained his left hamstring only to return when New Zealand were 218 for seven, was 27 not out as the hosts scored 259-7 in 48.5 overs, having bowled England out for 258. …
Series of bombings in Baghdad area kill dozens
BAGHDAD (AP) -- A series of car bombs exploded within minutes of each other as Iraqis were out shopping in and around Baghdad on Sunday, killing at least 35 people in mainly Shiite areas.
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