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 ...
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. ...
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 ...
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 ...
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 ...
16°C Partly Cloudy
Winds: From the South at 8 MPH
The title of Akira Kurosawas Dodeska-den is not a real word, but rather an onomatopoeia for the sound of a trolley car clacking along its rails that is used by a simple-minded teenager who lives in a shanty-town slum on the outskirts of Tokyo. The film begins and ends with the boy, ... ...
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 ...
New Delhi, June 19 : Atul Singh, Coca-Cola's president and CEO (India and Southwest Asia), will take over as deputy president (Pacific Group) from July 1, the company said ...
Supreme court president, Lord Neuberger, said: 'Having held a closed hearing, it turned out that there had been no point in the supreme court seeing the closed judgment.' Photograph: David Levene for the ...
The shadow chancellor, Ed Balls, says a report on banking standards shows the sector needs to change to dissuade bankers from 'reckless misconduct'. The report by the parliamentary commission on banking standards, suggests a new law to jail careless bankers and a 10-year delay on receiving ...
has suffered another drug trial setback.Its diabetes drug Onglyza, developed with Bristol-Myers Squibb, failed to reduce heart risks or strokes in a large scale clinical trial. Despite investor hopes, the Savor trial showed the drug was no better than placebo or standard treatments.Panmure Gordon analyst Savvas Neophytou issued a hold recommendation on the shares, which have dipped 2.5p to ...
They said it
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Iran's president-elect was speaking after his historic election victory.
The Strand Palace
I've stayed at this central London hotel many times, so was comfortable in telephoning direct for a reservation. It was ...Keep reading
Should tax havens be forced to lift their shroud of secrecy?
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The Argentine born Pope Francis has blasted a so called waste culture.
Since taking office in March, Pope Francis has said he wants the 1.2-billion-strong Roman Catholic Church to practise greater austerity and work toward reform in global financial markets.
Around 1.3 billion tons of food, or one third of what is produced for human consumption, gets lost or wasted every year, according to a United Nations food survey.
The majority of waste is by consumers in the industrialised world.
The pope, in his weekly audience, said: "Our grandparents used to make a point of not throwing away leftover food. Consumerism has made us accustomed to wasting food daily and we are unable to see its real value. Throwing away food is like stealing from the table of those who are poor and hungry".
Instead of throwing away food, a U.N.-backed study has suggested that simple measures such as better storage and reducing over-sized portions would sharply reduce the vast amount of food going to waste.
In US restaurants, diners waste 9% of bought meals.
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- Rousseff proposes new regulatory framework for Brazil mining
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- Bank of England chief out-voted in swan song meeting
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- The €200 note - favourite for money-launderers and high-rollers - to be taken out of UK circulation
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- DONOVAN Redefining marriage — above the Supreme Courts pay grade
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- Pokie reforms `wont reduce gambling harm
- Kristen Stewart enjoyed a night at Hooters in Texas.
- Brooke Mueller quit rehab because it was “too hard”.
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