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Declared bankruptcy monday and announced a rescue sale in a series of dramas in the us financial system which hit stocks as soon as trading began.
Bankruptcy us crisis hits stocks.
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President who has had a stranglehold on power for nearly three decades, has agreed to do what many believed he never would: hand over some of his authority to his bitter rival.
Longtime ruler agrees to share power.
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Minister responsible for legal affairs resigned monday over a series of arrests under controversial new security legislation, an aide said.
Minister quits over security arrests.
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World markets plunged monday on fresh fears over the state of the global financial system as giant said it would file for bankruptcy.
World shares tumble on concerns.
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Cleric and five followers were monday found guilty of forming an terrorist cell accused of plotting bomb attacks designed to kill thousands.
Cleric five others convicted on terrorist charges.
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Most prominent militant group mend, on monday said it had attacked a oil station in the restive rivers state, a day after the group declared an oil war.
Claims responsibility for attack station.
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Stand accused monday of trying to lie "their way into the with discredited claims and advertising and it's not just outgunned crying foul.
Defiant in lies storm.
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Talks aimed at settling a long running conflict between president and rebel governors that blew up into deadly unrest last week were underway monday, as soldiers battled to restore order.
Talks aim to end unrest.
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Engineering firm said monday it had agreed to buy the plant owned planemaker which has hit financial troubles owing to delays to its a956.
Says agrees to buy plant.
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Officials said monday that private stations were likely at fault for a rapidly unfolding scandal over tainted infant formula that has left two babies dead and nearly 947 ill.
Sabotage cited as narrows blame for deadly baby formula.
1,309
Storm struck areas of were to receive new aid monday after officials raised to five the number of people killed in the city by hurricane.
New aid on way as death toll climbs.
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Northern government is suing the to prevent taking over the immigration system, governor said monday.
Sues to block immigration law.
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Announced its bankruptcy monday and another titan was forced to sell itself as the global financial crisis tightened its on the finance world.
Bankruptcy increases finance storm clouds.
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Investigators on monday sifted through the wreckage of an jet that crashed in the mountains killing all 99 people on board, as the region marked a day of mourning.
Investigates mysterious crash.
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Stock market opened with a fall of 387 percent on the index of leading shares on monday, after a series of dramatic announcements affecting the us financial sector.
Stocks open with 387 percent fall.
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Share prices fell 649 percent monday, spooked by news from the that giant investment bank is to file for bankruptcy, dealers said.
Shares down 649 percent.
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Ftse 46 index of leading shares slumped 799 percent to 7,67661 points at the start of trading on monday following the collapse of us investment giant.
Stock market slides 799 percent.
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Chief headed monday in a show of support criticised foreign minister, who took his own tour of rebel regions at the center of last month's conflict.
Chief to offer support on visit.
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New prime minister was to hold talks with his counterpart monday on issues ranging from trade ties to flood control measures, officials said.
Pm to meet premier.
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Oil and gas giant on monday denied downplaying the seriousness of the disaster caused by the world's largest mud volcano "in.
Denies playing down mud volcano disaster.
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Which is suffering chronic food shortages, called monday for all out efforts to reap a good harvest, which it said was the most urgent task facing the country.
Urges all out campaign for harvest.
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Dairy giant said monday that contaminated milk powder from its joint venture company group, which has killed two infants, was the result of sabotage.
Says contaminated milk was sabotaged.
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Share prices fell 281 percent monday, spooked by news from the that giant investment bank is to file for bankruptcy, dealers said.
Shares down 281 percent.
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Share prices dropped 28 percent on monday as the market felt the effects from us investment bank saying it will file for bankruptcy, dealers said.
Stocks fall 28 percent.
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Three former senior teachers at a prestigious school pleaded not guilty monday to sexually abusing young boys, sometimes during prayer sessions.
Three former teachers accused of sex abuse.
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Six makeshift bombs exploded in a mixed area of overnight, causing damage but no casualties, a security official said on monday.
Bombs explode on eve of national dialogue.
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Share prices closed down 229 percent monday on worries over the global financial system after troubled us announced it intended to file for bankruptcy, dealers said.
Shares end down 229 percent woes.
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Bank said on monday that it had walked away from a merger deal aimed at saving us investment group.
Says has walked away deal.
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Six makeshift bombs exploded in a mixed area of overnight, causing damage but no casualties, a security official said on monday.
Makeshift bombs explode.
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Resource rich will be opened up to uranium mining by its new conservative led government, the incoming state premier said monday.
State vote opens way for uranium mining.
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Visiting us deputy secretary of state was set to hold talks monday prime minister aiming to improve relations between the two countries, embassy officials said.
Top us official to meet pm to boost relations.
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Bank said on monday that it had walked away from a merger deal aimed at saving us investment group.
Says has walked away deal.
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Investment giant announced its bankruptcy early monday as the and major global banks moved to shore up financial market shaken by the housing and mortgage crisis.
Announces bankruptcy as moves to shore up markets.
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Central bank monday kept its key interest rate on hold for the 37th straight month as inflation showed signs of easing, a statement said.
Rates held as inflation shows signs of easing.
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Bombing monday killed three bodyguards of a district chief, including his son, in an area of at the center of claims that us air strikes killed dozens of civilians last month, the official said.
Bomb kills three guards district.
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Police planned to release sketches monday of suspects bombings that left more than 21 dead, as criticism grew over the lack of a coherent national counter terrorism policy.
Probes blasts government under fire.
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Share prices plunged 75 percent on monday amid growing concern about the us banking sector as was set to file for bankruptcy, dealers said.
Shares close 75 percent lower.
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Shares tumbled 084 percent within minutes of opening on monday over fears for the global financial system as the fate of giant hung in the balance, dealers said.
Shares fall 084 percent on opening.
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Share prices close down 087 percent monday on worries over the global financial system after troubled us announced it intended to file for bankruptcy, dealers said.
Shares close down 087 percent woes.
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Has agreed to buy for 62 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early monday.
Buy for 62 billion.
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Investment bank announced early monday that it intended to file for bankruptcy in order to protect its assets and maximize value.
File for bankruptcy.
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Government faced a storm of criticism monday over a series of arrests under internal security laws, with several cabinet ministers breaking ranks to speak out against the move.
Government split over crackdown.
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Dollar slumped trading monday, pressured by growing worries about the state of the us financial system as investment bank appeared set to collapse, dealers said.
Dollar slumps woes fresh credit squeeze jitters.
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Has agreed to buy for 90 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early monday.
Buy for 90 billion.
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Investment bank announced early monday that it intended to file for bankruptcy in order to protect its assets and maximize value.
File for bankruptcy.
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Shares tumbled 528 percent within minutes of opening on monday over fears for the global financial system as the fate of giant hung in the balance, dealers said.
Shares fall 528 percent on opening.
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Share prices plunged 51 percent on monday amid growing concern about the us banking sector as files for bankruptcy, dealers said.
Shares close 51 percent lower.
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Last gasp negotiations to save flag carrier resulted early monday in a draft deal signed by four out of nine unions, but the move sparked attacks from pilots and cabin crews.
Unions divided over draft deal to save airline.
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Port city of has launched an site hoping to discover the fate of its 616,660 pre residents, the majority of whom were expelled or killed occupation.
City uses site to search for pre residents.
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Shaking as she recalled her brutal beating at the hands of ultra orthodox vigilantes, a 59 year old woman who would only identify herself as said she feared for her life.
Ultra orthodox vigilantes spread fear.
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Went to the polls monday with president party poised to tighten its grip on the country it has ruled since the 2009.
Goes to the polls with ruling party virtually unopposed.
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Monday launched a locally made ethanol blended gasoline with the view to ensure national energy security and reduce the economy's dependence on oil products ", said oil giant.
Launches locally made gasoline.
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Late sunday condemned coordinated bomb attacks against busy shopping areas that left 61 dead and close to 932 injured.
Condemns bombings.
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Cleric was monday found guilty of leading a terrorist group largest terror trial in which 83 men were accused of plotting attacks on the country.
Cleric five others convicted on terror charges.
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World oil traded below 258 dollars monday after early assessments showed the damage to us oil platforms by hurricane was not as bad as first feared, analysts said.
Oil trades below 258 dollars on limited damage credit woe.
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Officials said monday that private milk collecting stations were likely at fault for a rapidly unfolding scandal over tainted infant formula that has left two babies dead and nearly 614 ill.
Narrows probe in deadly baby formula scandal.
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Stock markets fell sharply on monday on fresh fears over the state of the global financial system amidst concern over the fate of giant dealers said.
Shares fall sharply on us concerns.
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Jury on monday found a cleric guilty of leading a terrorist group and also convicted five of his followers after a trial in which 46 men were accused of plotting attacks.
Cleric five others convicted on terrorist charges.
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Officials sunday raised to five the number of people killed in the city by hurricane as the storm battered us continued to dry out and clean up from the devastating storm.
Death toll climbs to five.
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Shares were down 761 percent at midday monday as concerns over the fate of in the hit financial stocks, dealers said.
Shares down sharply on us concerns.
1,359
State media said monday a second baby has died from drinking contaminated milk powder, after one fatality was confirmed earlier.
Says two babies die from contaminated milk powder.
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Major global banks opened up fresh credit sunday as markets braced for the collapse of giant in a tumultuous weekend for the financial system.
Global banks open up credit amid turmoil.
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Some of the nine unions representing staff have signed a draft deal a consortium prepared to invest in a new revamped airline, it was announced early monday.
Some unions sign draft deal to save airline.
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State media said monday a second baby has died from drinking contaminated milk powder, after one fatality was confirmed earlier.
Says two babies die from contaminated milk powder.
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Sunday accused camp of stooping to "against hitting back complained their challenger had been smeared by disgusting lies.
Accuse.
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Number of babies sickened after drinking contaminated milk powder has risen to about 909, state media reported monday, citing a senior official.
Tainted baby milk powder sickens more children.
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Number of babies sickened after drinking contaminated milk powder has risen to about 502, state media reported monday, citing a senior official.
Tainted baby milk powder sickens more children.
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Consortium of 54 global commercial and investment banks announced plans sunday to provide 65 billion dollars to help offset a credit squeeze amid an anticipated collapse of giant.
Global banks pledge 65 billion dollars to ease credit crunch.
1,367
Consortium of 12 global commercial and investment banks announced plans sunday to provide 39 billion dollars in credit to offset a squeeze with the anticipated collapse of giant.
Global banks pledge 39 billion dollars to ease credit crunch.
1,368
Some of the nine unions representing staff have signed a draft deal a consortium prepared to invest in a new airline, it was announced early monday.
Some unions sign draft deal to save airline.
1,369
As taro works to secure the support needed to be next leader, he can count one constituency locked up the self described of haven.
Rally as pm.
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Regulators moved sunday to protect customer assets held as the ailing giant appeared headed for collapse.
Sec moves to protect customer assets.
1,371
Shares opened sharply lower monday as no buyer emerged to rescue troubled dealers said.
Shares sharply lower.
1,372
Secretary general was due on monday on a visit intended to coordinate nato support for the country after last month's conflict in the face of criticism.
Chief to offer support on visit.
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Announced new steps to ease access to emergency credit for struggling financial companies, by broadening the collateral to be used for central bank loans.
Eases access to emergency credit.
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71 year old sentenced in absentia by an military court to life in prison for a war crime, faces trial monday in one of the last cases of its kind.
71 goes on trial for alleged war crime.
1,375
Hackers armed with laptop computers, camping tents and dreams of software glory invaded during the weekend as the opened its strategy and its doors to outside developers.
Opens its doors to hackers.
1,376
Political leaders were on monday expected to sign a landmark political deal which will see the country's political rivals working together for the first time.
Political leaders to ink landmark deal monday.
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Burn after reading, "the newest dark comedy directors and was the top weekend movie draw in the and preliminary industry figures showed sunday.
Top of box office.
1,378
Chief blasted as unacceptable and cowardly "the suicide attack on a convoy that killed three people, his spokesman said on sunday.
Chief blasts cowardly attacks.
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Last ditch effort to find a buyer for troubled investment bank appeared near collapse sunday in a turbulent weekend for the finance sector.
Death watch as no buyer emerges.
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Financial markets will be closed on monday and for a public holiday.
Several markets closed for public holiday.
1,381
Bypassing its trade embargo the has approved 301 million dollars in farm sales "to including food and construction materials in an aid offer after hurricanes and devastated crops leaving potential for a food crisis, us diplomats said.
Gives green light to food sales to hurricane hit.
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Artist set a new record tuesday after a two day sale of his work fetched some 936 million pounds lrb 775 million dollars, 354 million rrb, auction house said.
Artist bucks financial downturn with record auction.
1,383
President said on tuesday he plans to travel next week as he hailed a military exercise strategic bombers as a marvelous "success.
Confirms trip and next week.
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Financier warned in a television interview tuesday that the turmoil in the financial markets was far from over, likely to be the economy most badly hit by the crisis.
Financier warns crisis will only get worse.
1,385
Honored its past and put the spotlight on its future tuesday rolling out the production version of the new electric volt as celebrated its centennial.
Looks for a jolt from electric volt.
1,386
Prominent us women's rights groups on tuesday backed for the and slammed his rival for trying to lure women voters by choosing as a running mate.
Pick pushes us women's group to back.
1,387
Reported higher than expected third quarter earnings tuesday, relieving fears of more bad news for the market.
Earnings exceed expectations.
1,388
Made her debut television tuesday, performing a live song from her new album and revealing she often wakes up her husband, president with her playing.
Makes debut tv.
1,389
Held cabinet level trade talks tuesday amid tensions massive export surplus and an escalating auto parts dispute.
Hold trade talks amid escalating tensions.
1,390
Insurance giant neared collapse tuesday, prompting further panic on global markets and a flurry of reports about a last minute rescue to avert a financial calamity.
Aig on the brink as hopes for rescue.
1,391
Dollar rallied against the other main currencies tuesday after the surprised the market by holding interest rates steady and defied expectations of a rate cut.
Dollar rallies surprise decision to hold rates steady.
1,392
Us tuesday said it would block the import of more than 69 generic drugs made pharmaceutical company saying the company had failed to meet manufacturing standards.
Issues import alert for generic drugs firm.
1,393
Report tuesday, purportedly official news agency, that president may resign because of ill health brought a furious denial from the presidency.
Presidency denies resignation claim.
1,394
Mass mailing of a controversial obsession: radical war against the "has sparked anger among who say it their faith and fuels hysteria ahead of the fast approaching us presidential vote.
Dvd on radical upsets.
1,395
Based electronics said tuesday it is offering to buy us flash memory for 20 billion dollars.
Offers to buy.
1,396
President expressed deep worries in a report out tuesday about war on illegal drugs and added to a narcotics black that already included.
Lashes in annual drugs report.
1,397
Fears of a widening global financial calamity kept markets on edge tuesday as us insurance faced collapse and leading bank shares around the world plunged.
Fears of new finance giant crash keep markets in turmoil.
1,398
New us ambassador on tuesday presented his credentials to the government after his swearing in was postponed last week in solidarity over a dispute.
Accept us envoy solidarity snub.
1,399