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Wikinews Shorts: November 7, 2008

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A compilation of brief news reports for Friday, November 7, 2008.

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Labour victory in UK by-election

Friday, November 7, 2008

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

Friday, November 7, 2008

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

Friday, November 7, 2008

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.

Sources

GM reports 2.5 billion US$ loss for third quarter

GM's headquarters is in Detroit, Michigan

Friday, November 7, 2008 17:46:00

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

Friday, November 7, 2008

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%.

Index Country Wednesday close Thursday close Change +/-
CAC 40 France 3618.11 3387.25 -6.38 %
DOW JONES USA 9139.27 8695.79 -4.85 %
Nasdaq Comp USA 1681.64 1608.70 -4.34 %
SBF 120 France 2590.99 2426.35 -6.35 %
Dax Xetra Germany 5166.87 4813.57 -6.84 %
FTSE 100 UK 4530.73 4272.41 -5.70 %
Nikkei 225 Japan 8899.14 (Thu) 8583.00 (Fri) -3.55 %
Crude oil USA 65.30 60.77 -6.94 %

Sources

Wikinews in French

This is a complete or partial translation of the article "Crise financière : nouveaux replis des places boursières le 6 novembre 2008", from the French language Wikinews, published under the Creative Commons Attribution 4.0 License.

This is a complete or partial translation of the article "Crise financière : nouveaux replis des places boursières le 6 novembre 2008", from the French language Wikinews, published under the Creative Commons Attribution 4.0 License.

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Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License



This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License

This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License


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