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Samsung Electronics Forecasts 60% Fall In Quarterly Profit

Samsung Electronics has forecast a 60% fall in quarterly operating profit from a year ago because of slowing Galaxy smartphone sales. The world's biggest mobile phones and TV maker said it expects an operating income of 4.1tn won ($3.8bn; £2.5bn)...

Ebola Outbreak: Spain Investigates New Case

Investigations are under way at a hospital in Madrid after a Spanish nurse became the first person known to have contracted the deadly Ebola virus outside West Africa. The nurse had treated two Spanish missionaries who died of the disease...

Turkey Says Syrian Town About To Fall As Islamic State Moves In

Turkey's president said Kobani was "about to fall" after Islamic State fighters advanced into the south west of the Syrian Kurdish town, pressing home a three-week assault has cost a reported 400 lives. The prospect that the town on the...

Four Indians Wounded In New Pakistan Border Clashes

Indian and Pakistani forces exchanged fire in the disputed Kashmir region on Tuesday and four Indian civilians were wounded, a day after the highest civilian death toll in a single day from their cross-border conflict in more than a...

Bahrain Prince Does Not Enjoy Immunity Over Torture Claims, UK Court Rules

A British court ruled on Tuesday that Bahraini Prince Nasser bin Hamad Al Khalifa, who has been accused of torturing detainees in Bahrain, does not enjoy immunity from prosecution in Britain. A Bahraini citizen, known only as FF, had sought...

GT Advanced Technology, Nokia Active In Early Trading

GT Advanced Technology Inc shares were attracting the most volume on the Nasdaq on Tuesday morning a day after the sapphire glass maker filed for bankruptcy. GT (GTAT.O) plunged 92.8 percent to 80 cents on Monday, then were up 21.3...

EU Watchdog Investigates Amazon’s Luxembourg Tax Deals

Online retailer Amazon's tax arrangements with Luxembourg are being investigated by European regulators, becoming the latest global company accused of cutting deals with member states to gain an effective subsidy. The European Commission opened an in-depth investigation into the U.S....

Fiat Says Merger With Chrysler Effective As Of October 12

Italian car maker Fiat (FIA.MI) said on Tuesday the merger with its U.S. unit Chrysler will be effective as of Oct. 12 after all conditions for the tie-up to go through were met. Fiat said no creditors had opposed the...

U.S., UK Regulators Want Quick Deutsche Bank Libor Settlement: Reports

U.S. and UK regulators are pushing to settle the Deutsche Bank AG Libor case quickly and hope to extract major penalties, although a conclusion is unlikely before 2015, The Wall Street Journal reported, citing unidentified sources. U.S. prosecutors are also...

Delta Monarch Faults Uduaghan Over Okada Ban

...It’s a slap on traditional institutions, residents, says Obi Efeizomor BEVERLY HILLS, October 07, (THEWILL) - The traditional ruler of Owa Kingdom, Owa-Oyibu in Ika North Local Government Area of Delta state, HRM Dr. Emmanuel Efeizomor II (JP), has faulted Governor...

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