UBS blames trader in $2B loss Posted: 15 Sep 2011 05:01 PM PDT LONDON-- One man armed with only a computer terminal humbled a venerable banking institution yet again. This time it was Swiss powerhouse UBS, which said Thursday that it had lost roughly $2 billion because of a renegade trader.The arrest of 31-year- ... |
War persists in South Iraq Posted: 15 Sep 2011 05:01 PM PDT COS GARRY OWEN, Iraq -- Soldiers at this base sleep with their shoes on so they don't cut their feet running under rocket fire. Elsewhere in Iraq the tanks are being packed up, but here they still serve in the hunt for insurgents. And when U.S. tro ... |
Mideast roundup Posted: 15 Sep 2011 05:01 PM PDT Syria A group of Syrian opposition activists announce the creation of a council designed to present a united front against President Bashar Assad's regime. Yemen Government troops shell the home district in the capital of the chief of the main tri ... |
British, French leaders visit Libya Posted: 15 Sep 2011 05:01 PM PDT TRIPOLI, Libya -- British Prime Minister David Cameron and French President Nicolas Sarkozy offered broad support for Libya's new rulers Thursday, promising to unfreeze billions in assets and give help in finding Moammar Gadhafi, even as revolutionar ... |
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