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 ...
76.6°F Scattered Clouds
When Day of Wrath (Vredens dag) was released in 1943, its director, Carl Theodor Dreyer, had not produced a feature film in almost 12 years. At the time, Denmark's film industry had been severely weakened by the exodus of many of its best directors due to the ... ...
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 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 ...
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 ...
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 ...
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. ...
Reported in the press
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.
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Russian star Andrei Arshavin is likely to make a return to his native football club Zenit St. Petersburg for the 2013-14 season.
Zenit has begun negotiations with the 32-year-old Arsenal midfielder, whose contract with the London club expires at the end of June, reports Xinhua.
Arshavin has expressed his availability to begin training with Zenit as soon as he becomes a free agent.
Arshavin left Zenit for Arsenal in 2009 and now appears ready to return home, although questions remain about his motivation both on and off the field as he nears the end of his high-profile career.
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- Man threatens to kill Pasco sheriff