NEW YORK (Reuters) - Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show. The award to two New Jersey investment funds was disclosed in a filing Thursday with the ...More
OAXACA, Mexico (Reuters) - Two members of Mexico's Congress and two local politicians were killed on Friday when their private plane crashed near a popular Mexican Pacific beach resort, officials said. Guillermo Zavaleta and Juan Huerta, both members of President Felipe Calderon's National Action Party (PAN), died in the ...More
AMSTERDAM (Reuters) - Talks to form a right-leaning minority Dutch government collapsed Friday when a populist anti-Islam party pulled out of talks, dashing attempts to form an administration seven months after the last one collapsed. The talks folded when Freedom Party leader Geert Wilders, whose party wants to end all non-Western ...More
WELLINGTON (Reuters) - A major earthquake hit New Zealand's second biggest city Christchurch early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths. Authorities declared a formal civil defense state of emergency to coordinate recovery operations in the city, which has ...More
DERA ISLAMIL KHAN, Pakistan (Reuters) - Pakistan's Taliban on Friday threatened to launch attacks in the United States and Europe "very soon" and dismissed a move by Washington to add the group to its terrorism blacklist. The United States on Wednesday said it had added Tehrik-e-Taliban Pakistan (TTP), or the ...More
DUBAI (Reuters) - A 747-400 Boeing cargo plane operated by United Parcel Service Inc crashed in an air force base near Dubai's airport after takeoff on Friday, the U.S. parcel delivery company said. The United Arab Emirates civil aviation authority said the bodies of the two crew members on ...More
WASHINGTON (Reuters) - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly. Obama made his remarks after August data showed that jobs -- the ...More