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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

The Curious Case of Benjamin Button [Blu-Ray]

The Curious Case of Benjamin Button [Blu-Ray]

While the title would seem to suggest a story of relative modesty, The Curious Case of Benjamin Button is anything but. Running nearly three hours in length and spanning some 80 years of American history, from World War I to Hurricane Katrina, ... ...

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  • Yahoo follows Facebook and Microsoft in publishing US govt sought snoop data

    Internet corporation Yahoo has followed the league of technological companies in publishing reports about 'snoop data' requests made by the US government. According to the Guardian, Yahoo has revealed that it had received 12,000-13,000 requests, inclusive of criminal, Foreign Intelligence Surveillance Act (FISA), and other requests by the government between 1 December 2012 and 31 May ...

  • Average earnings up 0.5 in 2012

    Average annual earnings for Irish workers rose by 0.5% last year to €36,079. Earnings were up in 9 of the 13 sectors covered by the CSO statistics for 2012. The sector which showed the biggest increase was "professional, scientific and technical" where average earnings rose 5.2% to just under ...

  • No NSA Spying Did NOT Prevent a Terror Attack on Wall Street

    June 19, 2013 In response to the revelation that the NSA has been illegally spying on all Americans for more than a decade, NSA chief General Keith Alexander claimed that the spying prevented a terrorist attack on Wall Street and the New York subway. There's only one problem: the claim is completely false. The Christian Science ...

  • Indications Stock futures higher but jittery ahead of Fed

    MADRID (MarketWatch) -- U.S. stock market futures moved cautiously higher on Wednesday as markets awaited the main event: a monetary-policy decision from the Federal Open Market Committee, with a press conference to follow from Federal Reserve Chairman Ben ...

  • Conventional markets could cure capital concern

    The relationship between co-ops and capital has never been straightforward. While in theory co-ops fund their capital needs from their members' own capital and from retained profits, in practice co-ops have frequently needed to bring in external capital. ...

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