Wikinews Shorts: November 7, 2008
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Labour victory in UK by-election Labour Party candidate Lindsay Roy defeated the Scottish Nationalist candidate by 6,737 votes, to win the UK parliamentary seat for Glenrothes in Scotland. Opinion polls had predicted a close race, but personal campaigning by Prime Minister Gordon Brown, and a high turnout of 52% in Thursday's vote, secured a high margin for the UK's governing party. Sources Explosion kills 12 at Russian bus stop 28 people were wounded and at least 11 are dead after an explosion in the centre of Vladikavkaz, capital of the
Labour victory in UK by-election
Labour Party candidate Lindsay Roy defeated the Scottish Nationalist candidate by 6,737 votes, to win the UK parliamentary seat for Glenrothes in Scotland.
Opinion polls had predicted a close race, but personal campaigning by Prime Minister Gordon Brown, and a high turnout of 52% in Thursday's vote, secured a high margin for the UK's governing party.
Sources
Explosion kills 12 at Russian bus stop
28 people were wounded and at least 11 are dead after an explosion in the centre of Vladikavkaz, capital of the North Ossetia region of Russia.
Local authorities suspect that Thursday's explosion was caused by a female suicide bomber.
Sources
Magnitude 6.4 earthquake in South Pacific
At 0719 UTC (6.19 on Friday evening local time) a magnitude 6.4 earthquake struck 120 kilometres (75 miles) north east of the South Pacific island of Espiritu Santo, Vanuatu.
It was followed by several less powerful aftershocks. Reports from the US geological service placed the focus of the quakes at a depth of 35 km.
Press reports say that no tsunami warnings were issued.
Vanuatu experienced a similar earthquake on Wednesday, near the island of Efate. That event had a magnitude of 6.3.
Related news
Sources
GM reports 2.5 billion US$ loss for third quarter
American car manufacturer General Motors has lost 2.5 billion US dollars in its third quarter of 2008. The hemorrhage of cash has prompted GM to suspend talks of a "strategic acquisition" that some business analysts say may be referring to a possible buyout of Chrysler. Revenue has fallen nearly 5.8 billion dollars, greatly due to the recent global economic crisis which has caused consumers to sharply cut back on spending. The report indicates that GM could go bankrupt in 2009 without government assistance.
Sources
Financial crisis update: further stock exchange falls on Thursday
World stock markets posted another drop at close of trading yesterday.
Blue chip indices showed losses of 3.55% in Tokyo and 6.84% in Frankfurt.
Oil prices echoed the trend, falling to $60.77 per barrel, down 6.94%.
IndexCountryWednesday closeThursday closeChange +/-CAC 40France3618.113387.25-6.38 %DOW JONESUSA9139.278695.79-4.85 %Nasdaq CompUSA1681.641608.70-4.34 %SBF 120France2590.992426.35-6.35 %Dax XetraGermany5166.874813.57-6.84 %FTSE 100UK4530.734272.41-5.70 %Nikkei 225Japan8899.14 (Thu)8583.00 (Fri)-3.55 %Crude oilUSA65.3060.77-6.94 %
Sources
fr:Crise financière : nouveaux replis des places boursières le 6 novembre 2008
Sources & reporting note
Licensed archive reporting by Wikinews contributors. Text: CC BY 2.5 (https://creativecommons.org/licenses/by/2.5/). Original source date retained. 411 has not independently verified this archive report.
Read the source: Wikinews ↗Source published 7 Nov 2008, 05:30 am IST
