Headlines

Date: Tue, Apr 27, 2010 at 8:02 PM
 >TOP STORIES as of 0800 HKT -- 28 April, 2010


> S&P DOWNGRADES GREEK DEBT TO JUNK STATUS
Standard and Poor's has downgraded the sovereign debt ratings
for both Greece and Portugal, with the Greek debt lowered to
junk status.

> GOLDMAN EXECS GRILLED
Top representatives from Goldman Sachs appear in front of a
Senate committee to deny claims the bank betted against its own
clients during the financial crisis.


> FISTS, EGGS FLY IN UKRAINE PARLIAMENT
Lawmakers in Ukraine scuffle, throwing punches and eggs, during
a parliamentary session to ratify a naval treaty with Russia.


> U.S.-BORN CLERIC IN AL QAEDA VIDEO
An American-born Muslim cleric has appeared in a video released
by al Qaeda in the Arabian Peninsula for the first time.


> INDIAN DIPLOMAT SUSPECTED OF SPYING
India suspects one of its diplomats in Pakistan has been spying
for Pakistani intelligence, the Indian Ministry of External
Affairs said Tuesday.

> ISRAELI SOLDIERS DISCIPLINED OVER DEATHS
Israel's top military commander announced disciplinary measures
Tuesday for Israeli soldiers involved in the shooting deaths of
four Palestinians in two separate incidents in the West Bank
last month.
.
> DANISH RESTAURANT NAMED WORLD'S BEST
Danish cuisine reigns supreme, according to the some of the
planet's most prominent eaters.



BUSINESS
~~~~~~~~~~~


> FORD SURGES TO PROFIT
Ford reports a huge turnaround to a profit in the first quarter,
thanks to strong sales of new products around the world.

> RUSSIA OFFERS KIEV NUCLEAR POWER DEAL
Russia's prime minister made what he described as a "large-scale
offer" late on Monday to Ukraine, urging both countries to merge
their vast nuclear power generation businesses, and hinting that
together they could benefit from joint electricity exports to
foreign markets.