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  • Large rally places job demands on Italian government Large rally places job demands on Italian government

    Protesters marching in the tens of thousands rallied in Italy on Sunday to rail against the policies of the new coalition government. Around 100,000 protesters, led by trade unionists, converged on Rome to wave red flags and placards, urging changes to austerity measures. The union-led crowd called for the new government of centre-left Prime Minister, Enrico Letta, to focus on job ...

  • Americans happier with economic figures Americans happier with economic figures

    Americans are at their most optimistic since 2007 according to a Thomson Reuters/University of Michigan index of consumer sentiment. The preliminary index has shown optimism increased to 83.7 in May as stocks surged and real estate climbed. With record stock prices boosting household wealth and unemployment down in some areas, consumers were able to see their way through the effects of ...

  • Work starts on creation of new Dubai island Work starts on creation of new Dubai island

    Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...

  • Financial Times allegedly hacked by Syrians Financial Times allegedly hacked by Syrians

    Britain's Financial Times was hacked last week by a mysterious group calling itself the Syrian Electronic Army. The newspaper's technology blog was hacked to display a slogan saying: "Hacked by the Syrian Electronic Army." Several Twitter feeds run by the Financial Times were also plastered with similar slogans. The FT later said its blogs and social media accounts had been compromised ...

  • Target looks for new ideas from digital world Target looks for new ideas from digital world

    Target Corp has opened a new office base in San Francisco in order to discover technology ideas. With the second-largest US retailer trying to grow its online commerce business, a Technology Innovation Center has been set up to develop mobile commerce, which has become a particular focus of retailers because new technology allows people to use their mobile devices to shop. With a huge ...


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Movie Review

Ratcatcher [DVD]

Ratcatcher [DVD]

Lynne Ramsey's feature debut Ratcatcher won't win any awards for originality of subject matterafter all, the pains of adolescence in the lower economic strata depicted in a social-realist manner is hardly new in British filmmakingbut it is done so deftly, with such a exquisitely poetic touch and keen understanding of the paradoxical coexistence of filth and beauty in the world, that you ca ... ...

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  • Hackers target important Saudi websites

    The Saudi Arabia state news agency has reported a coordinated attack on the country's government websites. Several government websites in Saudi Arabia came under heavy cyber attacks last week, shutting them down for a short time. The attacks have been traced to IP addresses from a number of countries. Saudi investigators found the attacks had been launched from hundreds of Internet ...

  • Yahoo buys blogging forum Tumblr for $1.1 billion in boldest move yet under CEO Marissa Mayer

    SAN FRANCISCO - Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left Google 10 months ago to lead Yahoo's latest comeback attempt. It marks Yahoo's most expensive acquisition since the Sunnyvale, Calif., ...

  • In survey economists says consumers poised to boost spending offset government cuts

    WASHINGTON - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from their forecast in February. But they are more bullish on consumer spending and housing than they were ...

  • Consumer Spending to Pick Up Survey

    Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from their forecast in February. But they are more bullish on consumer spending and housing than they were three months ago, ...

  • Actavis to Buy Warner Chilcott

    Actavis , which has been the subject of intense takeover speculation, said on Monday that it had struck a deal to buy specialty pharmaceuticals ...

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