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Landmark Higgs boson announcement clears key formal hurdle

The announcement two months ago that physicists have discovered a particle consistent with the famous Higgs boson cleared a formal hurdle on Monday with publication in a peer-reviewed journal. Two laboratories working at the European Organisation for Nuclear Research (CERN) had jointly announced on July 4 they had detected a…

Oil prices rise on U.S. stimulus hopes

Oil prices rose Monday on hopes of more US financial stimulus aimed at boosting the world’s biggest economy, a prospect that was helping to offset disappointing Chinese data, analysts said. Brent North Sea crude for delivery in October gained 73 cents to $114.98 a barrel in London morning trade. New…

BP sells Gulf of Mexico assets to rival Plains

British oil giant BP said Monday it will sell $5.55 billion in assets in the Gulf of Mexico to a Texas rival, Plains Exploration, but will keep the Macondo well, site of the Deepwater Horizon platform and accident. “While these assets no longer fit our business strategy, the Gulf of…

Traveler caught in India with monkey in pants: report

Customs authorities in India have arrested a man who was attempting to board a flight at New Delhi’s international airport with a monkey in his underwear, a report said on Monday. The man, who was detained along with two other travellers, had arrived from Bangkok and was about to take…

‘Rogue trader’ goes to court in $2.3 fraud trial

A trader accused of losing $2.3 billion in a fraud at Swiss bank UBS goes on trial in London on Monday in a case expected to once again put the supervision of bankers under the spotlight. Ghanaian-born equities trader Kweku Adoboli denies two counts of fraud and two of false…

Transport strike paralyzes West Bank

Cities across the West Bank ground to a halt on Monday as transport unions called a mass general strike in protest over rising petrol prices, AFP correspondents said. Clouds of black smoke poured into the air across the territory as angry protesters set light to tires, kicking of a second…

Russian rock stars hold pro-Pussy Riot concert

Russian rock group DDT, whose lead singer is known for his anti-Kremlin views, was among the bands that played a concert in Saint Petersburg Sunday backing the country’s political prisoners. Attending the show were two lawyers for the jailed members of female punk band Pussy Riot, sentenced last month for…

Japan says it will buy islands claimed by China

The Japanese government will buy three islands at the center of bitter territorial row with China, a spokesman said Monday after a cabinet meeting. “During the ministerial meeting today, we agreed that we will obtain the ownership of the three Senkaku islands as quickly as possible,” Chief Cabinet Secretary Osamu…

Rain, flash floods kill 78 in Pakistan

At least 78 people died and dozens were injured as torrential rains and flash floods wreaked havoc in Pakistan over the past three days, a government spokesman said Monday. Heavy monsoon rains which began falling last week destroyed more than 1,600 houses while damaging a further 5,000, Irshad Bhatti, a…

15,000 miners take part in new S. African mine strike

Around 15,000 workers have downed tools in South Africa at a Gold Fields mine west of Johannesburg, just under a week after a strike ended at another part of the same mine, the company said Monday. “Employees of the west section of the KDC Gold Mine … on the West…

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