abdelrahman hamdy

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China stocks drop 8.5% in massive rout

Uh oh. Here we go again.<p>China's Shanghai Composite index shed 8.5% on Monday, a bone-rattling decline that raises questions about the government's ability to prevent a crash.<p>Beijing managed to stabilize markets with a dramatic rescue in late June and early July, intervening in a number of ways to …

Stock Markets

The Boy Who Loved Chanel

The fashion elite’s latest darling is blond, beautiful—and seven years old. But Hudson Kroenig is no neophyte: following in his father’s footsteps, he’s modeled for Chanel since his awwww-inspiring 2010 catwalk debut. With Karl Lagerfeld as his godfather, he dines with the likes of Rihanna and Anna …

New Jersey

Obama arrives in Ethiopia for last leg of Africa tour

Barack Obama, the US president, has landed in Ethiopia, beginning a two-day stay and becoming the first American leader to visit Africa's second most populous nation.<p>The president's jet touched down at Addis Ababa's international airport on Sunday after a short flight north from the Kenyan capital …

Africa

Gunmen in army uniform storm India police station

Gunmen have fired at a bus station and entered police barracks on the outskirts of a northern town bordering Pakistan, reportedly killing at least six people.<p>A police spokesman at the scene in the northern state of Punjab said he had witnessed one security officer being shot, and at least six …

Pakistan