Italy won't back blitz to rescue hostages held by Somali pirates

Italy won't back blitz to rescue hostages held by Somali piratesRome  - An armed operation to rescue hostages on board an Italian tugboat held by Somali pirates would be too risky, Italy's Foreign Minister Franco Frattini indicated Tuesday.

Frattini discussed the plight of the 16-man crew of the Buccaneer in talks with Somali Prime Minister Umar Abdirashid Ali Sharmarke during an international meeting in Rome to discuss the escalating violence in the Horn of Africa nation.

Naked Madonna & Guy oil painting sells on second attempt in Britain

Naked Madonna & Guy oil painting sells on second attempt in BritainLondon  - An oil painting depicting a naked Madonna with her ex-husband Guy Ritchie has sold to a foreign buyer for more than 15,000 pounds (24,300 dollars) after it failed to sell at an earlier auction, it was announced Tuesday.

Auction house McTear's Auctioneers in Glasgow, Scotland, said the painting, Madonna & Guy, by Scottish painter Peter Howson, had sold for a record price.

But the private buyer, who wanted to remain anonymous, had asked for the exact sum to be kept secret.

Now, Lalu opposes Women''s Reservation Bill in its present form

Now, Lalu opposes Women''s Reservation Bill in its present formNew Delhi, June 9 : RJD chief Lalu Prasad Yadav on Tuesday opposed the present structure of Women''s Reservation Bill, saying it is aimed at preventing the political progress of backward sections and would "finish" regional parties.

"Mulayam Singh had said there was a conspiracy (in bringing the bill in its present form) and I am now exposing it," the RJD chief said in the Lok Sabha.

Terrorism in North East India

Terrorism in North East IndiaIt has been reported that the notorious United Liberation Front of Assam militant Paresh Baruah has been seen in China looking for arms and to have a respite from the pressure that he was facing in Bangladesh by the Sheikh Hasina government, which was cracking down on anti-India groups.

That Paresh Baruah will feel at `home' in China should not surprise anyone in India. The Chinese have provided shelter to many insurgent groups functioning in northeast India since the sixties.

GlaxoSmithKline opens first Asian vaccine plant in Singapore

GlaxoSmithKline opens first Asian vaccine plant in SingaporeSingapore  - GlaxoSmithKline (GSK), the second biggest drugmaker worldwide, said it plans to start producing vaccines against life-threatening childhood diseases in a new plant opened Tuesday in Singapore from 2011 onwards.

With total costs of 600 million Singapore dollars (411 million US dollars), "the new plant is GSK'S first primary vaccine manufacturing facility and its biggest investment in Asia," the London-based company said.

German, Czech leaders discuss EU summit

German, Czech leaders discuss EU summitBerlin - The leaders of Germany and the Czech Republic said Tuesday they hoped to see progress on climate protection at next week's European Union summit in Brussels.

"We want to have a good position we can present to the talks in Copenhagen," Czech Prime Minister Jan Fischer said in reference to the UN climate conference taking place in the Danish capital in December.

Pages

News in Focus

TSMC Stock Remains Strong BUY Amid Booming AI Demand

Taiwan Semiconductor Manufacturing Company (TSMC) has cemented its position as the world’s largest manufacturer of advanced chipsets, playing a pivotal role in powering artificial intelligence (AI)

Shopify (SHOP) Stock Target Price Suggested at $132 by Zacks Research

Zacks Equity Research has updated its stance on Shopify Incorporated (SHOP) with an Outperform rating, accompanied by a price target of $132.00 over the next 6–12 months.

Norwegian Cruise Line Stock Price Could Reach $31: Zacks Research Suggests Outperform Ratings

Zacks Equity Research has reiterated an Outperform rating for Norwegian Cruise Line Holdings Ltd. (NCLH), setting a price target of $31.00 for the next 6–12 months.

Nvidia Stock Price Could Reach $169 on Stronger Chip Demand: Zacks Research

Zacks Equity Research has issued a strong Outperform recommendation for NVIDIA Corporation (NVDA) with a 6–12 month price target of $169.00.

Vanguard S&P 500 UCITS ETF Offers 36% Returns in One Year as Nvidia, Apple and Microsoft Stocks Rise

The Vanguard S&P 500 UCITS ETF (ISIN: IE00B3XXRP09) has offered nearly 36 percent returns over the last 12 months period.

ARK Innovation UCITS ETF Gains as Coinbase, Tesla and Palantir Technologies Stocks Jump

The ARK Innovation UCITS ETF (ISIN: IE000GA3D489) is an actively managed fund focusing on global equities poised to benefit from disruptive innovation.