AFP - At least 20 people including women and children were killed and more than 50 wounded Tuesday in a car bomb attack targeting a police headquarters in Pakistan's northwestern city of Kohat.
AP - An Iraqi soldier opened fire on American troops and killed two on Tuesday, U.S. and Iraqi officials said. They were the first American servicemen killed since the U.S. declared an official end to combat operations in the country last week.
Reuters - French trade unions said 2.5 million people took to the streets Tuesday to protest over pension reforms that President Nicolas Sarkozy says he is determined to implement on the way to elections in 2012.
AP - French strikers disrupted trains and planes, hospitals and mail delivery Tuesday amid massive street protests over plans to raise the retirement age. Across the English Channel, London subway workers unhappy with staff cuts walked off the job.
AP - The international crossfire over Iran's stoning sentence for a woman convicted of adultery intensified Tuesday with a top European Union official calling it "barbaric" and an Iranian spokesman saying it's about punishing a criminal and not a human rights issue.
AP - Toyota Motor Corp., hoping to solidify its standing as the top brand for Hispanic buyers in the U.S., is offering drivers a series of stickers that celebrates their Hispanic heritage.
Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
AP - NEW FORECLOSURE PLAN: The Obama administration is trying to revive its attempts to tackle the foreclosure crisis with a new effort to assist homeowners who owe more on their properties than their homes are worth.
Reuters - Hewlett-Packard Co is suing former Chief Executive Mark Hurd following his hiring by rival technology firm Oracle Corp, court documents showed.
AP - Palestinian President Mahmoud Abbas said he has asked the U.S. to settle a dispute with Israel over settlement expansion that is threatening to derail Mideast peace talks.
AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
AFP - Australian Prime Minister Julia Gillard retained power by a tiny, one-seat majority Tuesday after winning the backing of two key independent MPs in the first hung parliament in decades.
AP - A car bomb ripped through a police compound in a northwestern Pakistani city on Tuesday, killing 14 women and children and three officers, the latest in a string of attacks proving that Islamist militants remain a potent force in the country.
Reuters - Iran has raised its gasoline output to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state television's website reported its oil minister as saying.
Reuters - Stocks fell on Tuesday, led by declines in financial shares as reports on the European banking system renewed worries over the sector's health.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.
The Christian Science Monitor - South Korea on Tuesday recovered a fishing boat and its seven-man crew from North Korea after agreeing to an exchange that analysts see as auguring well for inter-Korean reconciliation â though not for an end to the Northâs nuclear program.
AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.
Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.
Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.
AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.
Reuters - World stocks edged down from the previous day's one-month high on Tuesday while the euro fell broadly as renewed concerns about Europe's banking sector encouraged investors to pause after a recent rally.
OneWorld.net - JOHANNESBURG, Sep 3 (PlusNews) - A new, accurate, easy-to-use test can
diagnose tuberculosis (TB) - including drug-resistant strains of the
disease - in less than two hours. It has the potential to save thousands
of lives in developing countries, where current tests are often
unreliable, take weeks to process, or are simply unavailable.
Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
McClatchy Newspapers - JERUSALEM — Jewish settlers across the West Bank have vowed to begin construction in more than 60 locations, posing a direct challenge to Israeli Prime Minister Benjamin Netanyahu as he returned home from Thursday's first round of direct peace talks in Washington.