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Solana in Damascus satisfied with Syria-Israel talks

Solana in Damascus satisfied with Syria-Israel talks Damascus - European Union foreign policy chief Javier Solana arrived in Syria late Wednesday, where he was received by the Syrian assistant foreign minister at Damascus airport.

Upon arrival, Solana said that his visit to Syria is a follow up to what has been achieved in the Syrian-European relations. He also expressed his satisfaction with the indirect negotiations between Syria and Israel.

Palin hits Obama on women's issues

At least 20 killed as bus crashes into taxis

At least 20 killed as bus crashes into taxisKampala - At least 20 people died after a brake failure caused an overcrowded bus to crash into a row of taxis late Wednesday in Kampala.

The brakes failed as the bus was edging up an incline. The driver lost control of the vehicle and it rolled down the road, colliding with at least 15 taxis and a few other vehicles.

The death toll could be much higher and many injured passengers were rushed to hospital, Central Broadcasting Service radio reported.

Renault-Nissan eyes 20 per cent stake in Chrysler

Washington - Nissan Motor Co and partner Renault SA are eyeing a 20-per-cent stake in Chrysler, as General Motors also pursues takeover talks with the country's third-largest automaker.

Nissan-Renault has long been reported to be interested in a deal. On Wednesday, the Detroit News cited people familiar with the matter, as saying the proposal has been submitted to Cerberus Capital Management LP, the current majority owner of Chrysler.

Germany's Daimler still owns 20 per cent of its one-time subsidiary.

Under the Nissan-Renault deal, Nissan would likely provide the financing as Renault is weighed down by 5 billion dollars in debts.

US stocks fall as quarterly earnings reports are filed

US stocks fall as quarterly earnings reports are filedWashington - Wall Street indices continued their decline in midday trading Wednesday, adding to the gloomy mood on European markets as US investors reacted to depressed earnings reports.

Wall Street opened down 2.5 per cent and stocks slid in Asia, Europe's blue-chip Stoxx 50 index dropped 5 per cent to 2235 in late trading as concerns set in about the outlook for the global economy and profits.

Bush at fundraising event for Senate Republicans

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