United States

Investor Kerkorian drops Ford stock

Ford MotorNew York - Months after increasing his stake in Ford Motor Company, billionaire investor Kirk Kerkorian is pulling back from the suffering automaker.

His Tracinda Corp sold 7.3 million shares of Ford stock on Monday for 2.43 dollars each, he had purchased the shares for 8.50 dollars earlier this year. Tracinda is also considering unloading its remaining 133 million shares.

The move comes days after Kerkorian had put 50 million shares of his MGM Mirage casino behind the 600-million-dollar credit line he had used to buy Ford stock, Bloomberg financial news reported.

Security pact unlikely to be approved before US elections

US ElectionBaghdad  - Iraqi Foreign Minister Hoshiyar Zebari said that the security pact with the US, also known as Status of Forces Agreement, is unlikely to win approval in Iraq's parliament before the US presidential election on November 4.

The pact would lay down the legal basis for a continued US military presence in Iraq after a UN mandate expires in December

Zebari told al-Arabiya satellite news station Tuesday that Iraq still hoped to enact the pact before the end of this year, when the UN Security Council resolution authorizing the US presence expires. But he acknowledged difficulties reaching agreement among Iraqi political leaders.

Biden’s medical records indicate he is ‘in good health’

US and Russian military leaders meet in Finland

Russia and US FlagsHelsinki - Top military leaders from the United States and Russia met Tuesday near Helsinki for their first time since this summer's war between Russia and Georgia.

The agenda was reported to have included talks on the situation in Georgia, an ally of the United States that in August fought a short war with Russia.

The meeting was attended by the chairman of the US Joint Chiefs of Staff, Admiral Michael Mullen, and General Nikolai Makarov, head of Russia's general staff.

Details of the discussions were not released, but it was reported to be the first direct meeting between these two defence chiefs.

US troops to hand over Babel province on Thursday - governor

Baghdad, IraqBaghdad  - The US-led multi-national forces are to hand over the security of the province of Babel to the Iraqi government in two days' time, Babel governor Salem Saleh al-Moslemawy said Tuesday.

In remarks reported by the Iraqi al-Buratha news agency, al- Moslemawy told a press conference that the ceremonial handover would take place on Thursday.

Babel, south of Baghdad, would become the 12th of Iraq's 18 provinces to be handed over by the US military to Iraqi control.

Laser hair removal therapy effective when used alone

Washington, Oct 21 : Laser hair removal therapy can be effective only when used separately than when used as a combination treatment, according to a new study.

During the past decade, laser hair removal has become a popular and accepted method used to reduce the growth of unwanted hair that have profound psychological effects and also appear to be safer.

The research team led by Dr Seyyed Masoud Davoudi, of the Baqiyatallah University of Medical Sciences, Tehran, Iran, analysed the results of the participants who underwent treatment at a private laser skin centre and received a total of four treatment sessions at eight-week intervals.

Pages