Gunmen attack hotel in Kabul, Afghanistan

Heavy gunfire is taking place at Kabul's Intercontinental Hotel, TOLOnews reports.

The Intercontinental Hotel in Afghanistan's capital, Kabul is under attack according Reuters, citing an interior ministry spokesman.

An Afghan spy agency official told AFP there are four militants inside the hotel.

There were reports that a number of people were being held hostage, while an eye witness said that part of the building was on fire.

Vetr Inc. Downgrades Teva Pharmaceutical Industries Limited (TEVA) to Sell
The Illinois-based Balyasny Asset Management Limited Liability Corp has invested 0% in Ball Corporation (NYSE:BLL). (NYSE:WST). The company reported $0.95 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.03 by ($0.08).

He said the security forces have cordoned off the area and efforts are underway to bring the situation under the control. "Fights between insurgents and security forces are still on", Danish said.

Electricity was cut after an initial explosion at the hilltop hotel, a counterterrorism source said.

There was no immediate claim of responsibility. Seven people died in that assault, when several gunmen and suicide bombers, three of which detonated their devices, attacked the facility.

The Taliban and Islamic States have each waged attacks in the past against diplomatic targets and other sites in Kabul.

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