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· Fed to regulate Goldman, M.Stanley; bailout takes shape
22/09/2008 08:32

WASHINGTON (Reuters) - Goldman Sachs and Morgan Stanley gave up their cherished investment banking status in return for cover under the Fed's wing to survive a financial storm that U.S. authorities aim to tackle with a $700 billion bailout plan.

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· Treasury, Congress ramp up bank bailout talks
22/09/2008 02:47

WASHINGTON (Reuters) - The Bush administration and Congress on Sunday ramped up talks on an unprecedented $700 billion bank bailout as they battled the clock to prevent further financial market turmoil that risks hurtling the economy into a deep and damaging recession.

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· Al Qaeda suspected of Pakistan's Marriott bombing
21/09/2008 23:20

ISLAMABAD (Reuters) - A suicide bomb attack that killed 53 people at the Marriott Hotel in Pakistan's capital bore the hallmarks of an operation by al Qaeda or an affiliate, Pakistani and U.S. intelligence officials said on Sunday.

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· Obama calls financial bailout price tag "staggering"
22/09/2008 04:30

CHARLOTTE, North Carolina (Reuters) - Democratic presidential candidate Barack Obama on Sunday called the $700 billion price tag for a financial market bailout "staggering" and said the final product must protect U.S. taxpayers and include a commitment to new regulatory reforms.

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· McCain urges broad oversight of massive bailout
22/09/2008 04:31

WASHINGTON (Reuters) - Republican presidential candidate John McCain on Sunday called for broad oversight of the Bush administration's $700 billion plan for rescuing Wall Street.

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· Israel's Peres meets parties after PM Olmert quits
22/09/2008 01:33

JERUSALEM (Reuters) - Israeli President Shimon Peres held talks on Sunday with parliamentary factions on the formation of a new coalition government after the resignation of Prime Minister Ehud Olmert.

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· Iran vows to block any attack
21/09/2008 17:37

TEHRAN (Reuters) - Iran will stop any attacker before he can "pull the trigger" and sanctions intended to isolate the Islamic Republic have not worked, President Mahmoud Ahmadinejad told a military parade on Sunday.

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· Baseball says goodbye as Yankee Stadium retired
22/09/2008 08:30

NEW YORK (Reuters) - Baseball said goodbye to Yankee Stadium on Sunday, ending 85 years at America's most storied sports venue with a celebration of its past and a postgame salute that players and fans didn't want to leave.

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· U.S. seal Ryder Cup for first time since 1999
22/09/2008 07:37

LOUISVILLE, Kentucky (Reuters) - An upbeat United States team inspired by rookie Anthony Kim won the Ryder Cup for the first time in nine years on Sunday, beating Europe by 16-½ points to 11-1/2.

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· Fire in illegal Chinese dance hall kills 43
21/09/2008 16:39

SHENZHEN (Reuters) - A fire at an illegal dance club in southern China, just across the border from Hong Kong, left 43 mostly young people dead and another 88 injured, another grim reminder of the country's broken regulatory system.

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