U.S. slams new Russian NGO law

U.S. slams new Russian NGO law

July 26, 2012 - 11:29 AMT  07:29 GMT
“And so we are deeply concerned about the worsening climate for media freedom in Russia,” Michael Posner said.
Pentagon mulls sale of 60 Patriot missiles to Kuwait

Pentagon mulls sale of 60 Patriot missiles to Kuwait

July 26, 2012 - 11:13 AMT  07:13 GMT
Officials said only 60 missiles can be sold to the Gulf nation, although they had requested for more than 200 units.
Muhammad Ali honored at Olympic gala event

Muhammad Ali honored at Olympic gala event

July 26, 2012 - 10:58 AMT  06:58 GMT
Former tennis star Boris Becker said it was a "big honor and a privilege" to be in the presence of "the greatest living sportsman.
Alcatel to cut 5,000 jobs, reduce costs

Alcatel to cut 5,000 jobs, reduce costs

July 26, 2012 - 10:47 AMT  06:47 GMT
The group will also seek to get rid of unprofitable services contracts in which it manages networks for operators.
Moody's downgrades Peugeot credit rating

Moody's downgrades Peugeot credit rating

July 26, 2012 - 10:34 AMT  06:34 GMT
The company, which has announced 8,000 job cuts in France, said it will implement a 1.5-billion-euro cost reduction plan.
Switzerland freezes more Mubarak assets

Switzerland freezes more Mubarak assets

July 26, 2012 - 10:26 AMT  06:26 GMT
The Swiss authorities have now frozen about $700 million, compared to a previous figure of 410 million Swiss francs.
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