Arabian Business takes a look at the stories which made the world’s headlines during the past 24 hours.
By ITP
IN PICS: News of the world Aug 11

Georgian soldiers flee their burning armoured vehicle on the road to Tbilisi, just outside Gori, Georgia. Russia has called for Georgian forces to surrender in the separatist enclave of Abkhazia after Georgia called a ceasefire and withdrew their forces from South Ossetia, leaving Russian forces now firmly in control in the disputed region. (Getty Images)

Isaac Hayes performs on the Open Air stage during the third day of the Big Chill music festival at Eastnor Castle Deer Park in the Malvern Hills in Herefordshire, England last year. The soul legend died on Monday at his home in the US. (Getty Images)

A foreign tourist hunts for Olympic tickets near the National Stadium in Beijing, China. Although all tickets for events held in the capital city have already been sold out, many people are still hunting for tickets. (Getty Images)

New Mexico Governor Bill Richardson speaks at a campaign event billed as a energy forum for presumptive Democratic presidential nominee, Sen. Barack Obama at the Pembroke Pines Charter High School in Pembroke Pines, Florida. The former Democratic candidate for president is among those reportedly being considered as a possible Obama running mate. (Getty Images)

A truck leaves a Waste Management processing facility in Cicero, Illinois. Waste Management, the nation’s largest rubbish hauler, has raised its unsolicited takeover bid to buy rival Republic Services Inc. to $6.7 billion. (Getty Images)

A glass of water is filled at a kitchen tap in London, England. Thames Water bills are expected to have an annual rise of three percent more than inflation as water companies submit predicted finance plans for 2010 to 2015. (Getty Images)

Ambassador to the United Nations Zalmay Khalilzad speaks to the media outside of the United Nations Security Council in New York. As the situation in Georgia continues to deteriorate, the UN Security Council met to try and press the warring parties into a ceasefire. (Getty Images)

Rows of lettuce are seen at the City Hall Victory Garden at Civic Center Plaza in San Francisco, California. Slow Food Nation and City Slickers Farms in West Oakland have planted a quarter acre edible ‘Victory Garden’ in the Civic Center Plaza across from San Francisco City Hall. The garden will be harvested in mid-September with all of the vegetables donated to local food banks and food programs. (Getty Images)