Latest Breaking News
RSS-
North Korea fires short range weapons
PYONGYANG - North Korea continued to fire short range projectiles into waters off its east coast for a third straight day on Monday, officials here said, despite warnings from the US and South Korea against increasing tensions. The North has conducted six such firings since Saturday, in what are believed to be tests of short-range guided missiles or rockets from multiple launchers, officials ...
-
Papering over border differences China and India agree to boost trade
NEW DELHI - India and China Monday played down a recent border stand-off and agreed to maintain peace along their disputed boundary as well as boost economic relations. Chinese Prime Minister Li Keqiang, who decided to make India the first stop of his maiden foreign jaunt as premier, stressed that the population of the two nations comprised one third of the world. Both countries have ...
-
Musharraf gets bail in Bhutto assassination case
ISLAMABAD, Pakistan - Former Pakistani military dictator Pervez Musharraf was Monday granted bail in a case related to the assassination of ex premier Benazir Bhutto. Musharraf has been under house arrest because he is accused of failing to provide adequate security for Bhutto who was murdered in a bomb and gun attack in December 2007 while campaigning for elections. The assassination ...
More Breaking News
RSS-
Multiple bombings in Iraq leave over 60 dead
BAGHDAD, Iraq - More than 60 people, including Iranian Shia pilgrims, were killed in a series of car bombings and shootings across Iraq Monday, officials said. The worst hit in Monday's violence was Baghdad where eight car bombs and a roadside bomb ripped through bus stops, marketplaces and other crowded areas in Shia neighbourhoods. The attacks left 12 people dead and 109 wounded, a senior ...
-
Hezbollah loses 23 militants in clash with Syrian rebels claim activists
BEIRUT, Lebanon - At least 23 elite fighters from Lebanon's Hezbollah militant group, fighting alongside the Syrian government troops, were killed near the Lebanese border Monday, an activist group said. The Britain-based Syrian Observatory for Human Rights, which tracks Syria's war, said more than 100 Hezbollah members also have been wounded in the fighting around the opposition-held ...
-
Blogging platform Tumblr acquired by Yahoo for $1.1 bn
NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...
-
US drugmaker Actavis buying Warner Chilcott in $8.5bn deal
WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...
-
Bombardier unveils Challenger 350 mid sized business jet
GENEVA - Canadian aeroplane maker Bombardier has expanded its leading Challenger family of business jets with the launch of the new Challenger 350 aircraft in collaboration with global leader in private aviation, US firm NetJets. The launch on Monday was held at a special event here at the European Business Aviation Conference and Exhibition (EBACE). Bombardier said deliveries of the ...
-
$254mn Eskom wind power project gets South African regulator's nod
JOHANNESBURG - The National Energy Regulator of South Africa (Nersa) has granted power producer Eskom a licence for its Sere wind farm in the Western Cape, paving the way for the company to start construction of its $254.3 million (R2.4-billion) project. Sere is the Nama word for "cool breeze". The wind farm project is scheduled to become fully commercially operational by the end of ...
-
Morgan Stanley India to sell wealth management arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
-
Former IRS Chief Refuses to Apologize
Texas senator John Cornyn asked former IRS chief Douglas Shulman to apologize to his constituents for the IRS's wrongdoings. Shulman refused. Here's the ...
-
Gantz If Assad escalates attacks hell bear consequences
cross-border fire overnight on the Golan Heights.Speaking to Haifa University's National Security Studies Center, Gantz told the audience, "In Syria, we see that things occurring, beginning with the transfer of arms, and including threats by Assad, who is speaking, encouraging, and directing an increase in action against Israel in various degrees on the Golan ...
-
Saudi princes accused of laundering for Hezbollah
LONDON - Two Saudi princes on Tuesday sought to extricate themselves from a London legal battle with a Jordanian businessman who accuses them of laundering money for Hezbollah, an allegation their lawyer called "fanciful".Prince Mishal bin Abdulaziz al Saud, a brother of Saudi Arabia's King Abdullah, and his son Prince Abdulaziz bin Mishal, had previously argued they had ...
-
Barkat defends closing of Cinema City on Shabbat
movie complex Cinema City continues, Jerusalem Mayor Nir Barkat - who launched his reelection campaign last week - stated Tuesday he supports its forced Shabbat closure.The 15-screen, NIS 125 million theater, scheduled to open this summer, has become a lightning rod for debate since its owners were given a building permit in 2010 with the precondition by the Finance Ministry and Jerusalem ...
-
Tornado victims recount race to survive
Americans who survived the massive tornado that barrelled through an Oklahoma City suburb described racing for shelter only to emerge scarred and bloodied on a moon-like landscape of ...
-
Gay marriage could lead to lesbian queen
London - The debate in Britain over legalising gay marriage took a surreal turn on Tuesday after a senior politician said it could result in a lesbian queen giving birth to an heir by artificial ...
-
Oklahoma tornado 2013 7 children found drowned in Plaza Towers Elementary school in Moore
First pictures of the missing tornado children: Parents' agony after seven kids drown in Oklahoma City school flattened by two-mile twister and rescuers search for many more buried under ...
-
David Nicholson quits The man with no shame to retire as NHS chief executive but not for another year
After months of calls for his resignation over his involvement in the Mid-Staffs scandal, it was confirmed he will retire - but not until March next ...
-
Trainee accountants Twitter boast about knocking cyclist off his bike sparks police probe
The tweet, posted by user @EmmaWay20, read: 'Definitely knocked a cyclist off his bike earlier - I have right of way he doesn't even pay road tax! ...
-
Apple tax US politicians go after Apple for avoiding BILLIONS in taxes by setting up dummy HQ but haven Ireland says we are innocent
Apple has avoided paying billions in income tax by using dummy headquarters abroad, according to a damaging U.S. Senate report, but Ireland has today denied it is to ...
-
Poor hedgehog inflates to TWICE its normal size after getting air trapped under skin while suffering from rare condition
A poorly hedgehog suffering from a rare condition known as 'balloon syndrome' swelled to twice its size and had to be deflated to stop it from bursting ...
-
The toothless loan shark Market trader who ran illegal lending racket from his fruit and veg stall is spared jail because interest rates were 100 times LOWER than high street firms
Loan shark: Stephen Fossey, 45, who ran an illegal money lending business from Bacup market today avoided a jail sentence after a court heard he scared no ...
-
Taxpayer billed thousands of pounds to hire and buy dinner suits and posh frocks for civil servants to go to parties
Details of the use of public money for civil servants to attend black tie events and dinners were revealed by Tory MP Priti Patel in a series of parliamentary ...
-
Ofcom launches probe into TV shopping channels over claims customers are being misled by high-pressure sales offers
The investigation has been triggered by the Advertising Standards Authority(ASA), which said the company behind the two channels – Sit-Up Ltd - has failed to put a stop to the misleading ...
-
Oklahoma Tornado Video Watch horrific moment family emerges from storm shelter to see damage
A video has revealed the heartbreaking and surreal images survivors of the Oklahoma tornado must have encountered in their dozens as they emerged from their storm shelters following Monday's record ...
Asia Pacific Focus
-
Asia Pacific leads world in creating wealth
The Asia Pacific region houses a higher proportion of High Net Worth Individuals (HNWIs) than any other region on earth.
The claim is part of the World Wealth Report prepared by Merrill Lynch which studied wealth effects in seventy one countries, which account for 98% of global gross income and 99% of world stock market capitalization. Read more
News from around our Network
