New York / AFP Wal-Mart Stores reported higher second-quarter earnings and lifted its profit forecast on Thursday after notching higher sales in the US. Earnings for the quarter ending July 31 were $3.8 billion, up 8.6 percent from the year-ago period. Sales were up 0.5 percent at $120.9 billion. Wal-Mart scored higher comparable sales and customer traffic in the ...

  California / AFP Weary firefighters on Thursday battled a raging inferno that was threatening the homes of more than 82,000 people in southern California and sent flaming “firenadoes” tearing across the brush. Nearly 1,600 firefighters were fighting the giant blaze, but had only contained four percent of it, according to a fire service official. Dramatic local TV news footage ...

  Jerusalem / AFP Israel’s hardline defence minister Avigdor Lieberman has a new “carrot and stick” policy for the West Bank that will penalise the hometowns of Palestinian attackers while rewarding others, his ministry said on Thursday. Under the policy, Palestinian families, villages and towns that are linked to attackers will face extra punitive measures, while those that are not will ...