logo

General News

Share SHARE

Vanguard-Pimco-050415.jpg Pacific Investment Management Co. LLC or Pimco's flagship Total Return Fund has ended its 17-year reign as the world's largest bond mutual fund, losing the title to rival Vanguard Group's Total Bond Market Index Fund. Pimco said in a statement that monthly net flows for the Total Return Fund continued to decline in April and investors pulled a net $5.6 billion from the fund in the month.

United Nations Secretary-General Ban Ki-moon on Monday appointed Robert Piper of Australia as his new Deputy Special Coordinator for the Middle East Peace Process, a United Nations spokesperson confirmed today. Piper, a former UN Development Program (UNDP) official, is credited with over 25 years...

World Food Programme (WFP) Executive Director, Ertharin Cousin on Monday urged international donors to step up their support in the cause of Nepal, indicating that it was a fight against the clock to deliver critical relief to the quake-hit country in South Asia. Concluding her three-day visit to...

BenCarson-050415.jpg Retired neurosurgeon Ben Carson officially launched his campaign for president on Monday, joining a growing list of candidates seeking the Republican nomination. Carson kicked off his campaign an event in his hometown of Detroit, telling supporters about his life growing up in poverty.

FordF-150-050415.jpg Ford Motor Co. said that the 2016 Ford F-150 full-size pickup truck will now be offered with a gaseous-fuel prep option, making the vehicle the only light-duty pickup capable of running on clean, low-cost compressed natural gas or propane. It also makes Ford the only manufacturer of a CNG/propane-capable half-ton pickup.

FactoryOrders-050415.jpg Reflecting a notable rebound in orders for transportation equipment, the Commerce Department released a report Monday morning showing a sharp increase in new orders for U.S. manufactured goods in the month of March.

CarlyFiorina-HP-050415.jpg Carly Fiorina, the former chief executive officer of computer and printer maker Hewlett-Packard Co. (HPQ), formally announced her candidacy for President of the United States on Monday. The former business executive is the second woman to enter the presidential race.

GreenLaser-050415.jpg Pilots of two small aircraft complained to the Federal Aviation administration that powerful green laser lights were beamed at several times to their cockpits on Sunday morning, near Love Field, around 12 miles south of Dallas airport.

McDonald's Corp. (MCD) announced the initial steps of its turnaround plan, promising better food as well as faster restructuring of its worldwide business. "It is customers that decide if we succeed. The message is clear. We are not on our game," McDonald's President and Chief Executive Officer Steve...

Two gunmen who opened fire Sunday outside a conference on cartoons of the Prophet Muhammad in a suburb of the US city of Dallas were shot to death, reports quoting police said. Police sealed off the Curtis Culwell Center in Garland, where a $10,000 contest for cartoon depictions of the Prophet was...

Fifty-two civilians, including seven children were killed in the airstrike led by U.S.-led forces on the northern Syrian province of Aleppo on Friday, reports said. The U.K.-based Observatory for Human Rights said that the air raid had mistakenly struck civilians in a village on the eastern banks...

US Secretary of State John Kerry on Saturday appreciated the new reformist government in Sri Lanka for making "enormous progress" within a few months after being elected to power. Kerry, who is on a 2-day visit to Sri Lanka, expressed confidence that his visit would mark a new start in the bilateral...

Seven people were killed in Mexico on Friday during clashes between members of drug cartel and military personnel, reports said. In the first attack, three soldiers were killed when the gunmen fired on a military helicopter, which made an emergency landing about 150 miles southwest of Guadalajara....

The United Nations on Friday revealed proceeding with its investigation of the events surrounding the release to a third party of an internal report on allegations of sexual misconduct by French military personnel in the Central African Republic (CAR), a spokesperson for the Organization has confirmed. In...

The Office of the United Nations High Commissioner for Human Rights on Friday expressed deep concern over measures taken by Burundian authorities this week to seriously curtail rights to freedom of expression and assembly. Spokesman for the Office of the UN High Commissioner for Human Rights (OHCHR)...

Follow RTT