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Goldman Sachs reports stellar earnings thanks to strong trading results, despite the financial downturn.
Judge Sonia Sotomayor's elevation to the Supreme Court is all but assured. But President Barack Obama's nominee to the high court still faced tough questioning. U.S. markets digested a better than expected Goldman Sachs earnings report -- plus a slew of economic data. President Obama says "all of us want" an effective Afghan exit strategy, but analysts say crafting that strategy carries significant challenges. President Barack Obama's Supreme Court nominee Sonia Sotomayor defended a controversial statement that some critics have likened to racism. President Barack Obama said Tuesday U.S. unemployment figures will likely continue to climb, at least into the near future. U.S. investment bank Goldman Sachs topped quarterly earnings forecasts led by a strong recovery in trading revenues. Riga Zoo in Latvia goes through its annual tortoise weighing, with two "Strong Men" required to lift the tortoises - which weigh over 100kgs - onto the scales. The Irish minnows host Spanish soccer giants Real Madrid in a pre-season friendly. Liberia's former president Charles Taylor takes the stand in his own defence at his trial in the Hague on war crimes charges. An armed gang abducted the two, said by officials to be security consultants posing as journalists for their own protection. BMW has said it will increase production in coming months as it sees the global autos market turning a corner. A burst of confidence in U.S. financial stocks lifted global equities on Tuesday ahead of results for bellwether Goldman Sachs France marks Bastille Day in the annual grand parade on the Champs Elysees in Paris with a special highlight on the country's relations with India. A New Zealand taekwondo competitor has set up a brothel to help fund his London Olympics campaign. Funerals have been taking place for the victims of an explosion that killed at least nine people and wounded scores in central Pakistan. Police in Northern Ireland are pelted with missiles and petrol bombs in the wake of pro-British Orange Order parades. U.S. treasury secretary Timothy Geithner says aggressive efforts to counter a global financial crisis are starting to work. Odourless, cheap and easy to consume, ketamine has become THE drug problem in Hong Kong. Protesters in Seoul rally against the dog-eating culture. A Taiwan church holds a candlelight vigil for the ethnic unrest in China's Xinjiang. Italian jeweller Bulgari sees China business picking up in the second quarter amid a tough year ahead. Asian financial shares rally, leading regional benchmarks higher after nearly two weeks of losses. Freed hostage Eugenio Vagni meets the Philippines president before heading home to Italy. David Beckham ends feud with Landon Donovan on first day back with the Los Angeles Galaxy. A video is presented to an inquiry in London showing the 2003 treatment of Iraqi prisoners in UK military custody as part of an investigation into the death of an Iraqi civilian. The day's top showbiz news and headlines, including Michael Jackson fans pay homage in London. The U.S. federal deficit swelled to the highest level ever recorded for the month of June, but the news failed to put a dent in a strong Monday rally. Supreme Court nominee Sonia Sotomayor heard the Senate Judiciary Committee's 19 members debate her qualifications for a lifetime seat on the nation's highest court. A federal judge in Miami approved a delay in a high-profile trial in which US tax official hoped to force UBS to reveal the names of thousands of Americans suspected of using the bank to evade taxes. Judge Sonia Sotomayor described her judicial philosophy to the U.S. Senate Judiciary Committee in the confirmation hearing for her to take a seat on the U.S. Supreme Court. Workers at a car parts plant in central France say they will destroy the factory if their demands for compensation over job losses are not met by the end of the month. A transit deal for the Nabucco natural gas pipeline has been signed but critical supply and financing questions have still to be resolved. The Brazilian wife of former Canadian world boxing champion Arturo Gatti has been charged with his murder -- after Gatti was found dead in a Brazilian resort over the weekend.
The U.S. federal deficit swelled to the highest level ever recorded for the month of June, but the news failed to put a dent in a strong Monday rally.
Supreme Court nominee Sonia Sotomayor heard the Senate Judiciary Committee's 19 members debate her qualifications for a lifetime seat on the nation's highest court.
A federal judge in Miami approved a delay in a high-profile trial in which US tax official hoped to force UBS to reveal the names of thousands of Americans suspected of using the bank to evade taxes.
Judge Sonia Sotomayor described her judicial philosophy to the U.S. Senate Judiciary Committee in the confirmation hearing for her to take a seat on the U.S. Supreme Court.
Workers at a car parts plant in central France say they will destroy the factory if their demands for compensation over job losses are not met by the end of the month.
A transit deal for the Nabucco natural gas pipeline has been signed but critical supply and financing questions have still to be resolved.
The Brazilian wife of former Canadian world boxing champion Arturo Gatti has been charged with his murder -- after Gatti was found dead in a Brazilian resort over the weekend.