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As equities staged a comeback in Asia and Europe, it has been reported that June delivery crude oil prices edged above $70 per barrel, on the New York Mercantile Exchange.

It was also reported that stock markets rose across the board in Asia and Europe, but the upward trend lost traction on Wall Street, where early gains faded late in the day.

Despite a 0.6 percent gain in the dollar index, June delivery crude oil jumped $1.96 to $70.71 per barrel.

26 chickens were beheaded and then laid out in a pattern on the ground near a home in a semi-rural area south of Fairbanks, Alaska, Police have informed.

The Anchorage Daily News has reported that the homeowners, who kept 29 white chickens in a backyard coop, discovered the headless carcasses when they went out Monday morning to feed their birds.

State Trooper Ken Vanspronsen said, "They were very concerned as to why somebody would do it, and kind of spooked."

According to official reports, the U. S. Navy has begun extensive naval exercises in the Caribbean to train local forces into marine security issues in response to recent developments in international waters, particularly piracy in East Africa and Latin American countries' buildup of coastal defenses.

Part of the exercise involves deployment of Military Sealift Command rescue and salvage ship USNS Grasp, HSV 2 Swift, a Mobile Diving Salvage Unit and training of divers from the region.

Indian stock markets fell into the negative zone in early trade today.

At 9.08 am, the 30-share index Sensex stood at 16,343.39 after declining 44.45 points. In the meantime, the broad-based Nifty remained lower by 15.25 points to trade at 4,902.15.

The Sensex belled the day at 16,410.88 after surging 23.04 points, while the broad based NSE Nifty began on a flat note at 4,917.40.

The major losers' list comprised Hindalco Industries, ICICI Bank, Infosys, RIL, H D F C Bank and Tata Steel.

National carrier Air India was making efforts to bring normalcy in its daily functioning after a two-day wildcat strike by 15,000 employees.

The company also said that it would take atleast two more days for flight schedules to turn normal.

An airline spokesperson said 78 flights, domestic as well as international, have been scheduled Thursday and more will be pressed into service next day to clear the backlog that took place due to strike.

Authorities have said that a baby received burns over 40 percent of his body at a British seaside resort while his mother was sunbathing.

The Sun reported on Wednesday that bystanders, on the beach in Brighton, seeing the 5-month-old baby boy badly sunburned, called police and the child was rushed to a local hospital.

The child's mother seemed unconcerned about the child's condition, witnesses have said.