Yemen UN chief appeals for restraint amid further violent clashes

28 April 2011Secretary-General Ban Ki-moon today appealed for restraint after more violent clashes during protests in the Yemeni capital reportedly left 12 people dead and several hundred wounded. The clashes that erupted yesterday during demonstrations in Sana’a are the latest incident in the unrest that has gripped the country since February. The violence in Yemen, especially the use of force by Government forces against peaceful demonstrators, has drawn repeated criticism from senior UN officials, including Mr. Ban and the UN High Commissioner for Human Rights, Navi Pillay. In a statement issued by his spokesperson today, Mr. Ban appealed to all concerned to “exercise utmost restraint and desist from provocative acts,” and reiterated his call on authorities to uphold their responsibility to protect civilians. “The Secretary-General emphasizes that broadly inclusive political dialogue and mutual understanding are critically important for overcoming the current crisis and preserving the country’s unity and integrity,” the statement added.Mr. Ban also welcomed the efforts being made to promote “a peaceful transition that will be acceptable to all.”The Government and opposition reportedly agreed earlier this week to sign a deal under which President Ali Abdullah Saleh would step down within 30 days. The political turmoil in Yemen is part of a wider movement for democracy across the Middle East and North Africa that began earlier this year, and which has already toppled long-standing regimes in Tunisia and Egypt and led to open conflict in Libya. read more

Ford and Wendys slip while Mosaic and Mallinckrodt rally

NEW YORK — Stocks that moved substantially or traded heavily on Tuesday.Ford Motor Co., down 12 cents to $9.42Moody’s downgraded the auto company’s credit rating to junk status, citing the potential for weak earnings amid a restructuring program.HD Supply Holdings Inc., down $1.72 to $39.10The industrial distributor gave investors a disappointing profit and revenue forecast for the year.Mallinckrodt PLC, up $1.78 to $3.88The pharmaceutical company is selling its BioVectra contract manufacturing unit for $250 million in current and future payments.The Wendy’s Co., down $2.24 to $19.71The fast-food chain cut its forecast for profit growth in 2019 as it ramps up spending to expand its breakfast options nationwide.The Mosaic Co., up $1.20 to $21.38The fertilizer company plans to buy back $250 million shares of stock as part of an existing stock buyback plan.Veoneer Inc., up $1.03 to $17.60The automotive safety products company was nominated to supply a “global automaker” with a camera system for vehicles in Europe.Ctrip.com International Ltd., down 94 cents to $34.17The China-based travel services company warned investors that revenue growth could slow during the third quarter.Shopify Inc., down $21.43 to $337.24The cloud-based commerce company is buying warehouse technology company 6 River Systems in a move to improve its order processing.The Associated Press read more