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Chinese court hands down lighter-than-expected sentences to 22 detained Indian traders

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A court in the southern Chinese port city of Shenzhen on Wednesday handed down lighter-than-expected sentences for the 22 Indian traders, detained on diamond smuggling charges since January 2010, bringing relief to their family members who have had to wait almost two years for the verdict.

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Credit ratings of 15 eurozone nations, threatening the EU bail-out fund.

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Credit rating agency Standard and Poor's (S&P) has said it could downgrade the credit ratings of 15 eurozone nations, threatening the EU bail-out fund.

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Israeli President Moshe Katsav has arrived at the Ramlah prison

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Former Israeli President Moshe Katsav, convicted of rape and sentenced to 7 years behind bars, has arrived at the Ramlah prison, where he is due to serve his term.

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Police rescue 178 children in child trafficking cases

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Chinese police in 10 provincial level regions have jointly cracked two child traffickinggangs that were deemed "seriously harmful," arresting 608 suspects and rescuing 178children, according to the Ministry of Public Security.

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Halliburton intentionally destroyed evidence

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deepwaterhorizon.jpg

BP is accusing Halliburton of destroying damaging evidence about the quality of its cement that went into the Deepwater Horizon well that exploded, killing 11 people and causing America's worst offshore oil spill.

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Last Updated on Wednesday, 07 December 2011 11:17

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