Wednesday, 31 October 2012

Latest Headlines:





People help to salvage items from a cottage along Roy Carpenter's Beach that was destroyed by Hurricane Sandy in Matunuck, Rhode Island October 30, 2012. REUTERS/Jessica Rinaldi

U.S. Northeast tries to get back on its feet after Sandy

NEW YORK - Millions across the U.S. Northeast stricken by massive storm Sandy will attempt to resume their normal lives on Wednesday as companies, markets and airports reopen despite grim projections of power and mass transit outages around New York for several more days. Live Coverage | Full Article

Barclays hit by fresh U.S. investigations 8:54am GMT

LONDON - Beleaguered bank Barclays, already rocked by an interest rate rigging scandal, unveiled two new U.S. regulatory investigations into its financial probity and said third quarter profits fell by a fifth due to charges for the mis-selling of insurance.


Prime Minister David Cameron (2nd L) tours the 4.5 billion pound Wirral Waters development on Merseyside with Richard Mawdsley (L) and Peter Nears of Peel Holdings and Lord Heseltine (R) in Wirral, northwest England January 6, 2011. REUTERS/Peter Byrne/POOL
Economy

Government report criticises growth strategy

The government's growth strategy of tax cuts and deregulation will not provide a fast track to economic prosperity and needs to be reassessed, according to a review by former deputy prime minister Lord Heseltine. Full Article
A sign hangs outside a UBS bank in the City of London September 15, 2011. REUTERS/Andrew Winning
UBS

Locked-out UBS traders head to the pub

Dozens of UBS traders spent their day in the pub rather than at the Swiss bank's London headquarters after they found out that their security passes no longer worked. Full Article
Star Wars creator George Lucas (2nd-R) poses with Storm Troopers, characters in the Star Wars movies, during a gala held to celebrate the "Star Wars: Where Science Meets the Imagination" exhibition at the Museum of Science in Boston, Massachusetts October 22, 2005.
Entertainment

Disney to buy Lucasfilm for $4.05 billion

LOS ANGELES - Walt Disney agrees to buy filmmaker George Lucas's Lucasfilm and its "Star Wars" franchise for $4.05 billion in cash and stock, a blockbuster deal that includes the surprise promise of a new film in the series in 2015. Full Article
Half-made football boots inside a temporary factory in a rural village on the edge of Dandong October 24, 2012. Reuters/Aly Song
North Korea

North Korean bootmaker eyes football world

DANDONG, China - Top football-boot maker Adidas probably shouldn't be worrying just yet but a rare venture that marries South Korean money with North Korean labour in the Chinese city of Dandong aims to make its mark on the world football scene. Full Article
Phil Schiller, senior vice president of worldwide marketing at Apple Inc., watches video featuring Jonathan Ive, senior vice president of Industrial Design at Apple Inc. during the Apple Worldwide Developers Conference 2012 in San Francisco, California June 11, 2012. REUTERS/Stephen Lam
Technology

Apple enters the true era of the Ive

Jonathan Ive takes charge of designing both hardware and software for Apple after the man behind the firm's Maps product is given the boot. Video | Full Article
A sample of Martian soil delivered by the robotic arm on NASA's Mars rover Curiosity to the rover's observation tray for the first time is pictured in this October 16, 2012 NASA handout photo obtained by Reuters October 20, 2012. REUTERS/NASA/JPL-Caltech/MSSS/Handout.
Science

NASA rover finds Mars soil similar to Hawaii's

CAPE CANAVERAL, Florida - In the first inventory of minerals on another planet, NASA's Mars rover Curiosity finds soil that bears a striking resemblance to weathered, volcanic sand in Hawaii. Full Article | Related Story

Video

New Jersey governor comforts storm victims

New Jersey governor comforts storm victims

Oct. 31 - New Jersey Governor Chris Christie tours the Jersey shore that was ravaged by Hurricane Sandy, comforting residents and promising to rebuild damaged areas. Sarah Charlton reports.


Posted by at No comments:

Tuesday, 30 October 2012

Latest Headlines:





Pedestrians walk past a submerged taxi in Brooklyn, New York, October 29, 2012 as Hurricane Sandy made landfall in the northeastern United States. Hurricane Sandy began battering the U.S. East Coast on Monday with fierce winds and driving rain, as the monster storm shut down transportation, shuttered businesses and sent thousands scrambling for higher ground hours before the worst was due to strike. REUTERS/Gary He

New York streets flooded as Sandy slams into east coast

NEW YORK/REHOBOTH BEACH, Delaware - Sandy, one of the biggest storms to hit the United States, has pounded the east coast, flooding large parts of New York City, bringing transport to a halt and interrupting the presidential campaign. Live Coverage | Full Article

Japan's Hitachi buys UK's Horizon nuclear project 9:03am GMT

LONDON/TOKYO - Japanese industrial electronics maker Hitachi is taking over Britain's Horizon nuclear project to build four to six new nuclear power stations, the UK's Department of Energy and Climate Change (DECC) said on Tuesday.


The company's logo is seen at an office building of Swiss bank UBS in Basel October 28, 2012. REUTERS/Arnd Wiegmann
Business

UBS to slash 10,000 jobs in fixed income exit

ZURICH - UBS unveils plans to wind down its fixed income business and fire 10,000 bankers in one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008. Full Article
A rainbow is seen behind the logo of a BP fuel station in Barnstaple in south west England October 17, 2012. REUTERS/Toby Melville
BP

BP hikes dividend and looks beyond 2014

BP raises its dividend and signals a more upstream-focused future beyond 2014 as it reports stronger-than-expected quarterly profits. Full Article
Scott Forstall, senior vice president of iOS Software at Apple Inc, speaks about iPhone 5 apps during Apple's iPhone media event in San Francisco, California on September 12, 2012. REUTERS/Beck Diefenbach
Technology

Store and iPhone software chiefs to leave Apple

SAN FRANCISCO - Apple says its head of iPhone software and its head of retail will leave, the biggest shake-up in the company's executive ranks since Tim Cook became chief executive last year. Full Article | Related Story
Germany's Chancellor Angela Merkel addresses a news conference at the end of the second session of a two-day European Union leaders summit in Brussels October 19, 2012. REUTERS/Christian Hartmann
Euro Zone

Euro zone ponders best path to "GEMU"

PARIS - The coining of the acronym GEMU, which stands for Genuine Economic and Monetary Union, is a sign that Europe's leaders are shifting their focus from fingers-in-the-dike crisis management to a longer-term process of building a more robust architecture for the currency area. Full Article
Smoke rises from what activists say was a missile fired by a Syrian Air Force fighter jet loyal to Syria's President Bashar al-Assad at Erbeen, near Damascus October 29, 2012. REUTERS/Maawia Al-Naser/Shaam News Network/Handout
Syria

Air strikes in Damascus wreck Syria "truce"

AMMAN - Syrian jets bomb parts of Damascus in what residents say are the capital's fiercest air raids yet, underlining the collapse of a truce proposed by peace envoy Lakhdar Brahimi. Full Article
A woman carries a bunch of flowers as she passes a sale sign displayed in the window of a shop on Oxford Street in London, January 15, 2009. Reuters/Andrew Winning
Economy

Consumer credit boosts growth prospects

Lending to British consumers rose at the fastest pace in more than four-and-a-half years in September, adding to signs that the economy is slowly picking up after exiting recession in the third quarter. Full Article | Related Story



Posted by at No comments:

Monday, 29 October 2012

Latest Headlines:





A family runs for the last subway shuttle to Grand Central Station in New York October 28, 2012. REUTERS/Carlo Allegri

U.S. East Coast shuts down as Hurricane Sandy looms

Hurricane Sandy, a mammoth storm menacing the U.S. East Coast, takes aim at the most densely populated region, forcing hundreds of thousands to seek higher ground, halting public transport and closing schools, businesses and government departments. Full Article

Bertelsmann and Pearson to merge book businesses 7:28am GMT

FRANKFURT - Education and publishing group Pearson Plc and Germany's Bertelsmann said on Monday they have agreed to combine their publishing divisions, Penguin and Random House, with Bertelsmann holding the upper hand in the new entity.


Photo

Petronas agrees to renew bid for Canada's Progress - sources

5:16am GMT
KUALA LUMPUR - Malaysian state oil firm Petronas will renew a bid for gas producer Progress Energy Resources, Petronas sources said, seeking to assure the Canadian government that the C$5.17 billion (3.2 billion pounds) deal will benefit the country.
Photo

Analysis - Euro zone ponders best path to "GEMU"

6:02am GMT
PARIS - In the rich lexicon of Brussels acronyms, a new treasure has entered the vocabulary since June: GEMU.
Photo

Former pop star Gary Glitter held in Savile probe

28 Oct 2012
LONDON - British police arrested convicted sex offender and former pop star Gary Glitter on Sunday as part of an investigation into allegations of child sex abuse by the late BBC presenter Jimmy Savile, media said. | Video
UK, Entertainment
Photo

Greece says EU/IMF lenders refuse to concede on reforms

28 Oct 2012
ATHENS - Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package.
Photo

Hurricane Sandy menaces U.S. coast, closing schools, markets, businesses

7:50am GMT
- Hurricane Sandy, a mammoth storm menacing the East Coast, took aim at the most densely populated U.S. region on Monday, forcing hundreds of thousands to seek higher ground, halting public transport and closing schools, businesses and government departments. | Video

Video

Parts of New Jersey, Maryland evacuated ahead of Sandy

Parts of New Jersey, Maryland evacuated ahead of Sandy

Oct. 28 - Americans have been warned to prepare for widespread power outages and severe flood as the East Coast braces for Hurricane Sandy to make landfall. Deborah Gembara reports.


Posted by at No comments:

Tuesday, 23 October 2012

Latest Headlines:





BBC director-general George Entwistle speaks to members of the media as he leaves Millbank Studios in London October 23, 2012. REUTERS/Olivia Harris

BBC chief says sex abuse claims "very grave"

The head of the BBC tells MPs that allegations of sexual abuse against Jimmy Savile are a grave matter but denies bosses tried to cover up one of the biggest crises to hit the broadcaster. Full Article

Rebels battle Assad's forces for gateway to north Syria 2:25pm BST

BEIRUT - Syrian rebels are battling to seize an army base close to the main north-south highway and say its capture would be a big step towards creating a "safe zone" allowing them to focus on Bashar al-Assad's southern strongholds.


U.S. President Barack Obama (R) speaks as Republican presidential nominee Mitt Romney listens during the final U.S. presidential debate in Boca Raton, Florida October 22, 2012. REUTERS/Rick Wilking
U.S. Elections 2012

In debate, Romney and Obama get domestic

WASHINGTON - It was billed as a debate on foreign policy, but that did not stop Barack Obama and Mitt Romney from sparring repeatedly on issues that polls indicate are more important to voters: the economy and jobs. Full Article | Video
A man takes a photograph using his iPhone of members of the public entering a new Apple store during the official opening in Beijing's Wangfujing shopping district October 20, 2012.REUTERS/David Gray
Technology

Apple set to unwrap mini-iPad

SAN FRANCISCO - Apple is expected to make its biggest product move since debuting the iPad two years ago, launching a smaller, cheaper tablet into a market staked out by Amazon and Google. Full Article | Related Story
A Japanese flag flies atop the Bank of Japan building in Tokyo September 26, 2012. REUTERS/Yuriko Nakao
Japan

Japanese government piles pressure on BOJ

TOKYO - Japan's government piles fresh pressure on the central bank to expand monetary stimulus, as the economics minister says he wants to attend a rate review meeting next week to reiterate a call for bolder action. Full Article
Greek doctor Eleni Kakalou (C) poses at an entrance of Evangelismos General Hospital in Athens October 16, 2012. REUTERS/Yorgos Karahalis
Greece

In vulnerable Greece, mosquitoes bite back

ATHENS - Just when it seems things couldn't get any worse for Greece, the exhausted and indebted country has a new threat to deal with: mosquito-borne diseases. Full Article
An Italian military carabinieri walks on debris past destroyed buildings after an earthquake, in downtown Aquila, in this April 6, 2009 file photo. REUTERS/Alessandro Bianchi/Files
Science

Quake court ruling chills science community

Scientists have reacted with alarm to the manslaughter conviction of six earthquake experts in Italy for failing to give adequate warning of the 2009 quake in the city of L'Aquila that killed 308 people. Full Article | Related Story
Lance Armstrong, founder of the LIVESTRONG foundation, takes part in a special session regarding cancer in the developing world during the Clinton Global Initiative in New York September 22, 2010. REUTERS/Lucas Jackson
Sports

Armstrong legacy hangs over sport's future path

GENEVA - The question of whether cycling should forget Lance Armstrong's tarnished legacy or use it as a force for change must be urgently addressed. Full Article | Factbox



Posted by at No comments:
Subscribe to: Posts (Atom)