Archive for October, 2009

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Hong Kongers pay $150 a month to live in cages

If you have ever complained that your apartment is the size of a shoebox, consider the living space of Hong Kong resident Chung For Lau. ... Full story

Chinese company in lead to buy Volvo

Ford says it has tapped Chinese automaker Geely as its preferred bidder for its Volvo unit. Ford has been looking for a buyer for Volvo since December 2008, after a plunge in industry sales forced it to retrench to focus on its core U.S. brands of Ford, Mercury and Lincoln. ... Full story

Stocks slump on housing report

Stocks slipped near midsession Wednesday, with the Nasdaq sliding for the fourth straight session, as a weaker-than-expected new home sales report added to questions about the strength of the economic recovery. ... Full story

Versace cuts 25 percent of workforce

Fashion house Gianni Versace will cut 25 percent of its global workforce by the middle of next year as part of cost-saving measures, a spokeswoman told CNN on Wednesday. ... Full story

Tele2 in a hole over ‘meteor’ stunt

Read full story for latest details. ... Full story

Tokyo Motor Show rolls out hot wheels

Take a glimpse of the near future. Electric vehicles and other types of eco-friendly cars are taking center stage at the 41st Tokyo Motor Show, which runs through November 4. ... Full story

Dead celebrities, big bucks

This year, it's hip to be dead. ... Full story

U.N. staff killed in Taliban attack in Kabul

Taliban militants attack a private guesthouse in central Kabul, killing up to six U.N. staff members and wounding nine more, according to a U.N. spokesman. ... Full story

Clinton arrives in Pakistan stressing partnership

The U.S. secretary of state arrived Wednesday in nuclear-armed Pakistan, a country hit hard by terrorism, economic crisis and rising sentiment that it is paying too high a price for its partnership with the United States in fighting extremists. ... Full story

8 U.S. troops killed in Afghanistan

Roadside bombs have killed eight U.S. service members and an Afghan civilian working with NATO troops in southern Afghanistan, the U.S. military said. ... Full story
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