New York - US small appliance maker Black & Decker said Friday profits shrank in the second quarter as declining demand in Western Europe and the United States coupled with rising costs.
Net profits fell 18 percent to 97 million dollars. Revenue fell 3 per cent to 1.6 billion dollars, and the Towson, Maryland-based firm predicted the week sales would continue in the second half of the year.
New York - UN Secretary General Ban Ki-moon on Friday sent a "warm welcome" to the decision by Cypriot leaders to restart full- fledged peace talks in September for a comprehensive solution to the ethnically divided island.
Greek Cypriot leader Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat agreed to start the peace talks on September 3. They announced the new schedule for the peace talks in Nicosia Friday.
New York - The United States said Thursday that it would seek to impose "stronger measures" if Myanmar's military regime continues to refuse to implement democratic reforms and release political prisoners, including opposition leader Aung San Suu Kyi.
US Ambassador Zalmay Khalilzad said following a UN Security Council meeting that UN special envoy for Myanmar Ibrahim Gambari must bring back "concrete results" from his scheduled mid-August visit to Myanmar.
New York - UN Secretary General Ban Ki-moon said Thursday Israel's intention to erect new Jewish housing in the West Bank would violate agreements reached in negotiations to resolve the Israeli- Palestinian conflict.
Ban's spokesperson Michelle Montas said, "The secretary general has stressed many times before that settlement construction or expansion is contrary to international law and Israel's commitments under the road map and the Annapolis process."
New York - South African judge Navanethem Pillay was named Thursday High Commissioner for Human Rights, the UN's top position that is tasked with promoting and protecting human rights worldwide.
The UN General Assembly will meet on Monday to approve the nomination made by UN General Secretary Ban Ki-moon. If Pillay won approval by the 192-nation assembly, she would replace Louise Arbour, a former Canadian Supreme Court justice, beginning in August for a four-year term.
New York - The US automaker Chrysler, the country's third largest and deep in the red, Wednesday said it planned to cut another 1,000 salaried jobs as sales tumbled 22 per cent in the first six months this year.
The company would use "retirements, special programs and attrition," to complete the reductions by September 30, spokesman Dave Elshoff was quoted as saying by Bloomberg financial news.
New York - US small appliance maker Black & Decker said Friday profits shrank in the second quarter as declining demand in Western Europe and the United States coupled with rising costs.
New York - UN Secretary General Ban Ki-moon on Friday sent a "warm welcome" to the decision by Cypriot leaders to restart full- fledged peace talks in September for a comprehensive solution to the ethnically divided island.
New York - The United States said Thursday that it would seek to impose "stronger measures" if Myanmar's military regime continues to refuse to implement democratic reforms and release political prisoners, including opposition leader Aung San Suu Kyi.
New York - UN Secretary General Ban Ki-moon said Thursday Israel's intention to erect new Jewish housing in the West Bank would violate agreements reached in negotiations to resolve the Israeli- Palestinian conflict.
New York - South African judge Navanethem Pillay was named Thursday High Commissioner for Human Rights, the UN's top position that is tasked with promoting and protecting human rights worldwide.
New York - The US automaker Chrysler, the country's third largest and deep in the red, Wednesday said it planned to cut another 1,000 salaried jobs as sales tumbled 22 per cent in the first six months this year.
