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  • Ex-Im Bank loan guarantee to Air India upheld by US appeals court Ex-Im Bank loan guarantee to Air India upheld by US appeals court

    WASHINGTON - A U.S. appeals court has upheld a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Indian state-owned carrier Air India in a legal challenge brought by Delta Air Lines to the loan guarantee. The court has however directed the government-run bank to better explain its rationale for providing loan guarantee, which Delta claimed as a ...

  • Google spending $7mn to fight child pornography Google spending $7mn to fight child pornography

    LONDON - Internet giant Google said it is spending $5 million to wipe images of child abuse off the Internet and another $2 million to create tools to find the images and eradicate them. "We're in the business of making information widely available, but there's certain 'information' that should never be created or found," wrote Jacqueline Fuller, director of Google Giving, in a blog post. ...

  • Aspen seeks to acquire GSK thrombosis drug and plant Aspen seeks to acquire GSK thrombosis drug and plant

    DURBAN / LONDON - South Africa's biggest generic drug maker Aspen Pharmacare and its subsidiary Aspen Global Incorporated have made an offer to acquire thrombosis drugs and their associated manufacturing site at Notre Dame de Bondeville, France, from GlaxoSmithKline (GSK). "AGI will acquire from GSK the Arixtra and Fraxiparine/Fraxodi brands and business worldwide, except in China, Pakistan ...

  • Shenzen to be first Chinese city to begin carbon trading Shenzen to be first Chinese city to begin carbon trading

    BEIJING - China, the world's biggest carbon emitter, is set to launch Tuesday its first carbon trading scheme as a pilot project in the southern city of Shenzhen as part of efforts to cut emissions in its key cities. Carbon emissions trading schemes are meant to encourage companies to reduce their carbon dioxide emissions by setting a limit or a cap, on the level of emission that can be ...

  • UK inflation rises to 2.7pc in May pushed by higher transport cost UK inflation rises to 2.7pc in May pushed by higher transport cost

    LONDON - The consumer price index (CPI) inflation increased to 2.7% in May, up from 2.4% in April, mainly due to higher fuel costs pushing up transportation costs particularly airfares, the Office for National Statistics (ONS) said Tuesday. The ONS said the rise was due to a record increase in airfares and higher fuel prices. "The inflation rate has returned to the levels seen between ...


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Movie Review

Impostor

If Impostor feels like a good idea for a short film awkwardly blown up to feature-length proportions, it's because that is exactly what it is. ...

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  • Hewlett-Packard moves printer PC executive Bradley into new job

    on Tuesday named Todd Bradley, the head of its largest unit, printing and personal computers, to take on the new job of improving the company's China business and extending distribution partner relationships around the world.Bradley, who was among the people considered for the chief executive post after the ouster of Mark Hurd in 2010, will also work with CEO Meg Whitman to identify ...

  • Microsoft says it freed millions of computers from criminal botnet

    Reuters © People visit the Microsoft booth at the 2013 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 4, 2013. REUTERS/Pichi ...

  • Survey CRE professionals still leery about recovery

    Commercial real estate folks are just a tiny bit hesitant to call the recent recovery a hearty one in their business. That, according to the seventh semi-annual Minnesota Commercial Real Estate Survey, which was released by the University of St. Thomas' Shenehon Center for Real Estate on Tuesday. The results, tallied from a group of 50 CRE experts locally who work in development, finance ...

  • Fallon loses Cadillac account

    Minneapolis ad agency and the iconic American luxury vehicle maker have parted ways after a nearly three-year relationship when Cadillac decided to go in a different marketing ...

  • Coca-Cola Leveraging Social To Drive Leadership in Social Media Marketing

    Coca-Cola.FM and live-streaming music events, Coca-Cola has shown the world how revolutionary they can be and how this type of marketing evokes emotional, long-lasting customer engagement. ...

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