International Headline News
Date: Tuesday, February 9, 2010
TOP STORIES as of 0900 HKT -- 10 February, 2010
> NIGERIAN VICE PRESIDENT CHOSEN TO FILL POWER VACUUM
Nigeria's House and Senate has approved a resolution to install
the country's vice president as head of state in place of ailing
President Umaru Musa Yar'Adua.
> DETAILED JACKSON AUTOPSY REPORT OUT
With Dr. Conrad Murray officially charged in Michael Jackson's
death, the Los Angeles coroner has released the autopsy report
that said it was a homicide.
> YANUKOVICH: I'M NO KREMLIN STOOGE
The man leading Ukraine's presidential election urges his rival
Tuesday to accept defeat, and he vows to unite Ukraine after an
election that has split the country in two.
> TOYOTA WOES DEEPEN WITH HYBRID RECALL
Toyota vows to win back public trust after recalling more than
400,000 hybrid cars worldwide, in the latest setback for the
beleaguered carmaker.
> SRI LANKAN GENERAL'S ARREST 'ABDUCTION'
As the Sri Lankan government declared it would court-martial its
most decorated former soldier on conspiracy charges, opposition
parties plans to stage nationwide protests over his arrest.
> CHAVEZ: ELECTRICITY EMERGENCY DECLARED
Venezuelan President Hugo Chavez has declared a state of
emergency for the South American nation's electricity supply and
announced a series of billing sanctions and rewards based on a
customer's energy use.
> REPORT: IRAN PROTESTER SENTENCED TO DIE
An Iranian court has sentenced one person to death and eight
others to prison for their parts in anti-government
demonstrations in December, the semi-official Fars news agency
reported Tuesday.
> DEATH TOLL FROM MEXICO FLOODS RISES TO 38
The death toll from heavy floods and mudslides in Mexico has
increased to 38, a government agency announced Tuesday.
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BUSINESS
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> PRIUS SUCCESS STORY STALLS AFTER RECALL
The decision by Toyota to recall thousands of its 2010 Prius
models due to a problem with the braking system seriously
threatens the reputation of the world's best-selling hybrid car.
> UBS BACK IN THE BLACK
UBS staged a returned to profit in the fourth quarter, thanks to
strong markets and lower one-off accounting factors. However net
outflows from its mainstream private banking business almost
doubled to SFr33.2bn ($31bn), compared with the previous three
months, reflecting wealthy clients' deepening concerns about the
Swiss wealth manager.
> TRADERS MAKE $8B BET AGAINST EURO
Traders and hedge funds have bet nearly $8bn (€5.9bn) against
the euro, amassing the biggest ever short position in the single
currency on fears of a eurozone debt crisis.
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