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Raytheon to ink $2.1bn Oman arms dealRaytheon Company, one of the largest US weapons makers, is expected to sign an estimated $2.1 billion deal to sell Oman an air defence system while US Secretary of State John Kerry visits the Sultanate state this week, US officials said. More… |
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Texas joins flood of states suing BPTexas has joined the crowd of Gulf of Mexico states to file suit against BP, Halliburton and others for their role in one of the worst oil spills in the US history. The complaint in US District Court in Beaumont, Texas, alleges th More… |
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US orders Canadian bank to revise lawsUS regulators are ordering the Bank of Montreal, the fourth largest bank in Canada by assets, to take steps to correct lapses in oversight that could allow the bank to be used for money laundering. The Federal Reserve announced an More… |
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US chides Russia over missile delivery to AssadThe United States chided Russia for sending missiles to the Syrian government as plans for a peace conference promoted by Washington and Moscow were hit by diplomatic rifts over its scope and purpose. Sectarian bloodshed in neighb More… |
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US must stop 'Iranian plot against Bahrain'It is in America's strategic interest to help Bahrain as it battles an Iranian plot to destabilise the kingdom, said former US representative Dan Burton. Bahrain is threatened by Iranian agents who are working with protest lea More… |
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60 injured in US train crashA commuter train traveling eastbound from New York City derailed near the Connecticut suburb of Fairfield during the evening rush hour on Friday and collided with a westbound commuter train, injuring up to 60 people, three critically, officials More… |
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US consumer mood rises to new highAmericans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six years, an encouraging sign after other recent data had suggested broader US growth is cooling. More… |
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Scrambling for the immigrant eliteA new era has arrived in immigration. Many countries - the US, the UK, France, Germany, the Netherlands - have for decades taken in poor immigrants with the express intention that they would do wo More… |
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Arrest of Saudi with pressure cooker 'overzealous'The attorney for a Saudi Arabian man arrested at the Detroit airport over the weekend carrying a pressure cooker in his luggage said his client is the victim of a misunderstanding by overzealous US customs agents. Hussain Al Khawa More… |
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Richter painting breaks record for living artistA 1968 oil painting by German artist Gerhard Richter sold for some $37 million at Sotheby's contemporary art auction on Tuesday, a new record for a work by a living artist. The sale took in $293,587,000, at the low end of the More… |
