Washington - Federal Reserve Chairman Ben Bernanke suggested another interest rate cut was on the way, while the US central bank Tuesday announced fresh moves to inject liquidity into the struggling US financial system.
Bernanke said the ongoing financial turmoil meant the outlook for economic growth had "worsened" in recent weeks as the availability of credit to banks, consumers and businesses has threatened to dry up completely.
Washington - NASA's Messenger spacecraft on Tuesday delivered photos from a flyby of Mercury earlier this week, providing researchers a new view of the planet closest the Sun.
Messenger came within just 200 kilometres of Mercury early Monday in the second of three planned flybys for the craft. It is due to settle into orbit around Mercury in 2011, providing what scientists hope will be the most complete picture yet of the solar system's smallest planet.
San Francisco - Pre-release sales of the Google-powered mobile phone offered by T-Mobile are three times as high as the company predicted, the German-owned carrier has revealed.
The so-called G1, which is the first mobile phone to utilize Google's Android operating system, will officially become available on October 22. But existing customers of T-Mobile have been able to pre-order the device, which is manufactured by Taiwanese company HTC, since it was unveiled last month.
New York - The UN Security Council on Tuesday authorized the use of force to stop piracy against ships off Somalia, while the European Union is studying sending a military mission to assess the situation.
The council unanimously adopted a resolution submitted by France, the current EU president, to use the "necessary means ... for the repression of acts of piracy."
Nairobi - The American author of a controversial book lambasting US presidential hopeful Barack Obama was Tuesday detained by Kenyan immigration authorities as he prepared to launch his book in the East African nation.
Jerome Corsi was picked up by immigration authorities at a Nairobi hotel just before he was due to present "The Obama Nation: Leftist Politics and the Cult of Personality" to the public.
Immigration authorities refused to comment on the exact reason for Corsi's detention and what the next step would be.
New York/Dresden, Germany - US chipmaker AMD plans to restructure its German-based manufacturing operation in Dresden in a bid to cut costs, the company said Tuesday.
The loss-making company said it plans to form a new joint venture, which will receive up to 6 billion dollars in funding from an investment company in Abu Dhabi.
The funds will enable AMD to expand its Dresden operation and build a state-of-the art plant in the United States in a bid to make it more competitive against market leader Intel.
Washington - Federal Reserve Chairman Ben Bernanke suggested another interest rate cut was on the way, while the US central bank Tuesday announced fresh moves to inject liquidity into the struggling US financial system.
Washington - NASA's Messenger spacecraft on Tuesday delivered photos from a flyby of Mercury earlier this week, providing researchers a new view of the planet closest the Sun.
San Francisco - Pre-release sales of the Google-powered mobile phone offered by T-Mobile are three times as high as the company predicted, the German-owned carrier has revealed.
New York - The UN Security Council on Tuesday authorized the use of force to stop piracy against ships off Somalia, while the European Union is studying sending a military mission to assess the situation.
Nairobi - The American author of a controversial book lambasting US presidential hopeful Barack Obama was Tuesday detained by Kenyan immigration authorities as he prepared to launch his book in the East African nation.
New York/Dresden, Germany - US chipmaker AMD plans to restructure its German-based manufacturing operation in Dresden in a bid to cut costs, the company said Tuesday.
