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Print - 2010-11-29
The Weather

The Weather

The weather report on Sunday (November 28, 2010) and the forecast for Monday (November 29, 2010).

Published 29 Nov, 2010 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 22 to 27 2010)

Published 29 Nov, 2010 12:00am
Nato captures insurgent leader in east Afghanistan

Nato captures insurgent leader in east Afghanistan

Nato says it has captured a leader of a Pakistan-based Taliban factiion closely tied to al Qaida. The military coalition said Sunday the militant, from the Haqqani network, was picked up on November 25 in the eastern Afghan province of Khost. He was accus
Published 29 Nov, 2010 12:00am
Swiss approve automatic expulsion of foreign criminals

Swiss approve automatic expulsion of foreign criminals

Switzerland on Sunday endorsed a far-right push to automatically expel foreign residents convicted of certain crimes, to the dismay of critics who described it as a "dark day for human rights."
Published 29 Nov, 2010 12:00am
Don't reward North Korea's 'bad behaviour': Mullen

Don't reward North Korea's 'bad behaviour': Mullen

The United States should not reward North Korea's "bad behaviour" toward rival South Korea, top US military officer Mike Mullen said Sunday, adding that Pyongyang is striving to "get attention."
Published 29 Nov, 2010 12:00am
China proposes emergency talks on Korea crisis

China proposes emergency talks on Korea crisis

China called for emergency talks on resolving a crisis on the Korean peninsula on Sunday, and Seoul and Tokyo said they would study the proposal, as the US and South Korean militaries started a massive drill. Beijing's move to bring the two Koreas to the
Published 29 Nov, 2010 12:00am
World migrants could total 405 million by 2050

World migrants could total 405 million by 2050

Migrants who have crossed borders in search of work and a better life could exceed 400 million, or nearly 7 per cent of the present global population, by 2050, said a report issued on Monday.
Published 29 Nov, 2010 12:00am
UN official tells Myanmar to address poll concerns

UN official tells Myanmar to address poll concerns

A senior UN official said on Sunday that he had urged the Myanmar government to address concerns over the country's recent elections, which were widely dismissed as a sham.
Published 29 Nov, 2010 12:00am
Hamas forces in Gaza ban rivals from entry

Hamas forces in Gaza ban rivals from entry

Hamas officials in Gaza have prevented the entry of two rival officials into the coastal territory. Hamas Interior Ministry spokesman Ihab Ghussein says they did not allow Rawhi Fattouh and Abdullah Franji to enter. They are advisers to Palestinian Presid
Published 29 Nov, 2010 12:00am
Britain's big chill breaks temperature records

Britain's big chill breaks temperature records

The cold snap gripping Britain dragged temperatures to historic lows with Wales and Northern Ireland shivering through their coldest November night since records began, the Met Office said on Sunday. Thermometers in Llysdinam in Powys, Wales, sank as far
Published 29 Nov, 2010 12:00am
US considers military options against Iran

US considers military options against Iran

Suspicious of Iran's nuclear capacity, the United States is weighing military options in the face of Tehran's announcement it had a nuclear power plant up and running, the top US military officer said Sunday. "We've actually been thinking about military o
Published 29 Nov, 2010 12:00am
Iran offers Hariri help for Lebanese military

Iran offers Hariri help for Lebanese military

Iranian Defence Minister Ahmad Vahidi on Sunday told Lebanese Prime Minister Saad Hariri that Tehran was prepared to help the Lebanese army, state television's website reported.
Published 29 Nov, 2010 12:00am
Lebanese Prime Minister calls for Arab-Iran unity

Lebanese Prime Minister calls for Arab-Iran unity

Lebanese Prime Minister Saad al-Hariri met Iran's defence minister on Sunday, stressing that unity between Arab states and Iran against common threats was of "great importance".
Published 29 Nov, 2010 12:00am
Key US senator resolute on Russia nuclear pact

Key US senator resolute on Russia nuclear pact

A key US senator reiterated Sunday his position that a new nuclear arms treaty with Russia could not be ratified this year, rejecting calls from President Barack Obama for quick action. "It is more a view of reality rather than policy," senator John Kyl t
Published 29 Nov, 2010 12:00am
Afghan election body certifies parliamentary winners

Afghan election body certifies parliamentary winners

Afghanistan's election commission said Sunday it would issue winners' certificates to successful candidates in parliamentary polls, despite an ongoing fraud probe into the controversial results.
Published 29 Nov, 2010 12:00am
Opposition cries foul in Egyptian election

Opposition cries foul in Egyptian election

Opposition charges of ballot stuffing, bullying and dirty tricks clouded a legislative election in Egypt on Sunday in which the ruling party wants to prevent its rivals from repeating their 2005 success.
Published 29 Nov, 2010 12:00am
Employees of Defence Ministry, GHQ to get plots in Housing Scheme

Employees of Defence Ministry, GHQ to get plots in Housing Scheme

The Ministry of Defence has approved a housing scheme covering over 30 acre of land for its own and the Army General Headquarters (GHQ)'s low-income employees from BPS-7 to BPS-14 and awarded development task to Rawalpindi Cantonment Board.
Published 29 Nov, 2010 12:00am
RGST

RGST

The imposition of RGST by hook or by crook will result in tectonic disaster for the nation sooner than expected. I therefore, implore upon the conscience of the peoples leaders, to reflect on the maxim of Sir Winston Churchil below:
Published 29 Nov, 2010 12:00am
Egyptian women rely on quota system to get into parliament

Egyptian women rely on quota system to get into parliament

Hanan Saad never imagined she would be close to winning a seat in Egypt's lower house of parliament, the People's Assembly. The 36-year-old engineer from the Mediterranean town of Damietta, 200 kilometres north of Cairo, is a member of the opposition al-W
Published 29 Nov, 2010 12:00am
Singh's wish list!

Singh's wish list!

India's Rediff.com known to create waves and inform the visitors to the website about what really important is happening has another scoop to its credit. It has divulged the talking points of the Indian Prime Minister on the eve of Obama's visit to India.
Published 29 Nov, 2010 12:00am
Why I oppose RGST!

Why I oppose RGST!

Much has been written in Pakistan on the merits and demerits of the Reformed General Sales Tax (RGST). The government led by its fourth economic manager Dr Hafeez Sheikh is spending a considerable amount of time and energy defending it and challenging the
Published 29 Nov, 2010 12:00am
Spy agencies and the law

Spy agencies and the law

Replying on Wednesday to the Supreme Court notices issued to the heads of the three spy agencies - ISI, MI and IB - regarding the whereabouts of 11 persons who disappeared from the Adiala jail, Attorney General Anwarul Haq said that the legal petitions fi
Published 29 Nov, 2010 12:00am
Steep cost of housing recovery

Steep cost of housing recovery

A World Bank-ADB Damage and Need Assessment estimate has offered three stark options to Pakistan for undertaking repair and reconstruction of the country's destroyed housing sector in wake of the super flood. Firstly, the total cost stands at a staggering
Published 29 Nov, 2010 12:00am
Nato Afghan exit could mean civil war, Kandaharis say

Nato Afghan exit could mean civil war, Kandaharis say

Nato's planned withdrawal of combat troops from Afghanistan in 2014 will likely mean a Taliban take-over and civil war, residents in the heartland of the insurgency fear, echoing a worrying recent report.
Published 29 Nov, 2010 12:00am
The West's war in Afghanistan is failing: Crisis Group

The West's war in Afghanistan is failing: Crisis Group

A leading international think tank Sunday issued a damning review of the US-led war in Afghanistan and said Nato plans to end its combat mission by 2014 would lead to the Kabul government's collapse.
Published 29 Nov, 2010 12:00am
Punjab Assembly session on December 3

Punjab Assembly session on December 3

Punjab Assembly will hold its session on December3 (3:pm) 2010. 'Business Recorder' learnt this from the assembly sources Sunday. Punjab Assembly Speaker Rana Muhammad Iqbal will chair the session.
Published 29 Nov, 2010 12:00am
Meeting to review security arrangements

Meeting to review security arrangements

A high level meeting was held here on Sunday at Commissioner Office committee room with Senior Advisor to CM Punjab Sardar Zualifiqar Ali Khan Khosa in the chair who is also head of Provincial Cabinet Committee for Muharramul Harram security arrangements.
Published 29 Nov, 2010 12:00am
University graduates urged to undertake maximum research projects

University graduates urged to undertake maximum research projects

Punjab University Vice-Chancellor Professor Dr Mujahid Kamran has urged upon the varsity graduates to undertake maximum research projects for production and utilisation of new knowledge for long-term socio-economic progress of the country.
Published 29 Nov, 2010 12:00am
Punjab government allows SIC's rally to enter Lahore

Punjab government allows SIC's rally to enter Lahore

Punjab government has allowed the Sunni Ittehad Council's long march from Islamabad to Lahore to enter the city after an assurance from the organisers that they would remain peaceful and terminate their march at Data Darbar at mid-night on Sunday.
Published 29 Nov, 2010 12:00am
Abida Parveen undergoes angioplasty

Abida Parveen undergoes angioplasty

Pakistan's most celebrated and world renowned Sufi singer Abida Parveen underwent a successful emergency heart (angioplasty) surgery at Doctors Hospital here on Sunday after she suffered myocardial infarction (heart attack). "She is stable and out of dang
Published 29 Nov, 2010 12:00am
'Torturing a woman deserve deterrent punishment'

'Torturing a woman deserve deterrent punishment'

Provincial Minister for Human Rights and Minority Affairs Kamran Michael here on Sunday said that those who took the law in their hands by brutally torturing a woman deserve deterrent punishment and should be given exemplary punishment so that women could
Published 29 Nov, 2010 12:00am
44th foundation day of PPP to be marked with zeal and zest: Kaira

44th foundation day of PPP to be marked with zeal and zest: Kaira

Provincial Minister for Finance, Tanvir Ashraf Kaira here on Sunday said that the 44th foundation day of Pakistan People's Party would be celebrated throughout the country with zeal and zest and workers convention would be held in various cities in which
Published 29 Nov, 2010 12:00am
MONEY WEEK: hike is on the cards

MONEY WEEK: hike is on the cards

The external accounts have managed to show surplus in the past two months (Sep-Oct) on the basis of lower imports owing to slowdown of economy, as one-fifth of the country was not fully functional due to floods, while sharp surge in cotton prices - raw ma
Published 29 Nov, 2010 12:00am
Slackness in cotton market may extend into new year

Slackness in cotton market may extend into new year

Reports from upcountry stations indicate slow deliveries of seed-cotton to ginneries which may either be due to drop in cotton prices or due to reports of lower production, but its real cause is yet to be known.
Published 29 Nov, 2010 12:00am
Slackness in cotton market may extend into new year

Slackness in cotton market may extend into new year

Reports from upcountry stations indicate slow deliveries of seed-cotton to ginneries which may either be due to drop in cotton prices or due to reports of lower production, but its real cause is yet to be known.
Published 29 Nov, 2010 12:00am
Researchers drill for secrets hidden under Dead Sea

Researchers drill for secrets hidden under Dead Sea

From a barge floating above the deepest point on earth, a research team hopes to drill through half a million years of history to uncover secrets of climate change and natural disasters.
Published 29 Nov, 2010 12:00am
Health needs plunge 100 million into poverty: WHO

Health needs plunge 100 million into poverty: WHO

More than 100 million people are plunged into poverty every year by illness or "catastrophic" medical bills, the World Health Organisation said on November 22, launching a global drive for universal health care. "In my view, universal coverage is an admir
Published 29 Nov, 2010 12:00am
Once-daily pill helps prevent HIV infection in men

Once-daily pill helps prevent HIV infection in men

A once-a-day pill combining two Gilead Sciences Inc AIDS drugs reduced the HIV infection rate by nearly 44 percent in high-risk gay and bisexual men, researchers reported on November 23. Men who took the pill the most consistently had more than a 70 perce
Published 29 Nov, 2010 12:00am
Eat more protein to stay slim

Eat more protein to stay slim

A team of European researchers confirms what many weight-loss gurus have claimed: eating more protein and fewer refined carbohydrates helps to keep the pounds off.
Published 29 Nov, 2010 12:00am
Binge drinking linked to higher risk of heart disease

Binge drinking linked to higher risk of heart disease

Binge drinking, long known as a cause of liver damage, is also linked to heart disease, according to a 10-year study in Northern Ireland and France published on November 24 by the British Medical Journal (BMJ).
Published 29 Nov, 2010 12:00am
NASA says Earth's lakes are warming

NASA says Earth's lakes are warming

The Earth's largest lakes have warmed up over the past 25 years in response to climate change, the US space agency said on November 23, announcing the first such global study of its kind. Scientists Philipp Schneider and Simon Hook of NASA's Jet Propulsio
Published 29 Nov, 2010 12:00am
Stem cell trial offers hope for vision patients

Stem cell trial offers hope for vision patients

Christopher Goodrich of Portland, Oregon, can't wait to stick a needle in his eye. Goodrich hopes to be one of the first patients enrolled in clinical trial that just got a go-ahead from the U.S. Food and Drug Administration, only the second trial approve
Published 29 Nov, 2010 12:00am
Second-hand smoke kills 600,000 per year

Second-hand smoke kills 600,000 per year

Around one in a hundred deaths world-wide is due to passive smoking, which kills an estimated 600,000 people a year, World Health Organisation (WHO) researchers said on November 26.
Published 29 Nov, 2010 12:00am
Speedier downloads on your iPhone? Not so fast in Asia

Speedier downloads on your iPhone? Not so fast in Asia

As telecom equipment makers jostle to sell and promote their next-generation wireless technology, one question is left unanswered: are they building too much capacity at a time when demand doesn't exist?
Published 29 Nov, 2010 12:00am
'Fourth generation' Internet arrives in Hong Kong

'Fourth generation' Internet arrives in Hong Kong

The latest generation of wireless Internet that will allow people to watch a crystal clear movie or live sporting event on the street or atop a hill is being deployed throughout Hong Kong. The Long Term Evolution (LTE) network will give super high speeds
Published 29 Nov, 2010 12:00am
Sony eyes December launch of e-readers in Japan

Sony eyes December launch of e-readers in Japan

Sony, battling Amazon and Apple in the electronic book reader race, said on November 25 it would launch its latest devices in Japan in December along with a dedicated virtual library. Sony has cut the size and weight of its e-readers while expanding the u
Published 29 Nov, 2010 12:00am
Apple releases operating system update for iPad

Apple releases operating system update for iPad

Apple released the latest version of its mobile operating system on November 22 bringing multitasking, folders, a unified inbox and wireless printing to the iPad. Apple said iOS 4.2 for the iPad, the iPhone and iPad Touch offers more than 100 new features
Published 29 Nov, 2010 12:00am
HP to focus more on software, new chief executive says

HP to focus more on software, new chief executive says

Hewlett-Packard plans to increase its focus on software, new chief executive Leo Apotheker said on November 22, as the US computer giant posted fourth quarter results that topped Wall Street's expectations.
Published 29 Nov, 2010 12:00am
Swede broadcasts music from his stomach

Swede broadcasts music from his stomach

A Swedish man broadcast music from his stomach for several hours via a mini audio system, but said he was disappointed by the sound quality. The sound was "bad, bad. It was a very bad sound. But that was not the important thing, I just wanted to show that
Published 29 Nov, 2010 12:00am
Get quickly to a website

Get quickly to a website

Want to get quickly to a website? Place your cursor in the address bar of your favourite browser, type the name of the site - minus the .com or http://www - and press Ctrl-Enter. Most browsers will automatically add ".com" to the end of the word and "http
Published 29 Nov, 2010 12:00am
Create shortcut to favourite website

Create shortcut to favourite website

Want to create a shortcut to a favourite website on your Windows desktop? With Internet Explorer, it's easy. Right-click anywhere within a webpage and select "create shortcut" from the pop-up menu. IE will place a shortcut to the page on your desktop and
Published 29 Nov, 2010 12:00am
Use BCC field to send copy of email

Use BCC field to send copy of email

To send a copy of an email message to one or more additional recipients without the main recipient knowing, use your email programme's BCC field. BCC stands for "blind carbon copy" and it's often used to disguise the email addresses of additional recipien
Published 29 Nov, 2010 12:00am
Hard drive defragmentation

Hard drive defragmentation

Should you defragment your hard drive? With Windows 7, that question is becoming increasingly irrelevant these days. Disk defragmentation is automatically scheduled in Windows 7 on those drives that need it. With newer solid state disks (SSDs), defragment
Published 29 Nov, 2010 12:00am
Place large media collection on fast HD

Place large media collection on fast HD

If you have a large media collection - music, video, or photos - be sure to place them on a fast hard drive, if possible. Most media players and browsers will create a catalog of your media files and accessing that catalog can take a lot of time - and slo
Published 29 Nov, 2010 12:00am
Branson unveils digital magazine for iPad

Branson unveils digital magazine for iPad

British tycoon Richard Branson on November 24 will unveil a digital magazine tailored for viewing on Apple's popular iPad tablet computers, according to press conference invitations.
Published 29 Nov, 2010 12:00am
Ford expects record sales in China

Ford expects record sales in China

Ford Motor, expecting record sales in China this year, is adding 100 dealers to its network, mostly in inland cities that are replacing big, coastal regions as the major growth driver in the world's largest auto market.
Published 29 Nov, 2010 12:00am
Fiat, Chrysler to invest 1 billion in Italy plant

Fiat, Chrysler to invest 1 billion in Italy plant

Italy's Fiat and its US partner Chrysler will invest more than one billion euros (1.3 billion dollars) in a historic auto plant in the northern Italian city of Turin, Fiat said on November 26.
Published 29 Nov, 2010 12:00am
Armani taps Chinese market with online store

Armani taps Chinese market with online store

Italian fashion designer Giorgio Armani plans to tap the Chinese market with a new online store that opened on November 26 for Emporio Armani in one of the first such initiatives in China by a major fashion brand.
Published 29 Nov, 2010 12:00am
Opel says it heads for loss of 1.4 billion euros

Opel says it heads for loss of 1.4 billion euros

Opel, the European unit of US auto group General Motors, expects to report a loss of 1.4 billion euros this year, Opel head Nick Reilly said in a magazine interview. Reilly told the weekly publication Wirtschaftwoche that restructuring charges were weighi
Published 29 Nov, 2010 12:00am
Opel says it heads for loss of 1.4 billion euros

Opel says it heads for loss of 1.4 billion euros

Opel, the European unit of US auto group General Motors, expects to report a loss of 1.4 billion euros this year, Opel head Nick Reilly said in a magazine interview. Reilly told the weekly publication Wirtschaftwoche that restructuring charges were weighi
Published 29 Nov, 2010 12:00am
Al Baraka plans up to $500 million sukuk in first quarter 2011

Al Baraka plans up to $500 million sukuk in first quarter 2011

Bahraini Islamic lender Al Baraka will issue up to $500 million in Islamic bonds in the first quarter of 2011, its chief executive said on November 25. "We will issue sukuk in 2011 for the group in Bahrain between $200 and $500 million," Adnan Yousif told
Published 29 Nov, 2010 12:00am
Al Baraka plans up to $500 million sukuk in first quarter 2011

Al Baraka plans up to $500 million sukuk in first quarter 2011

Bahraini Islamic lender Al Baraka will issue up to $500 million in Islamic bonds in the first quarter of 2011, its chief executive said on November 25. "We will issue sukuk in 2011 for the group in Bahrain between $200 and $500 million," Adnan Yousif told
Published 29 Nov, 2010 12:00am
ArcelorMittal sees slower 2011 steel demand

ArcelorMittal sees slower 2011 steel demand

Top steelmaker ArcelorMittal sees global steel demand slowing to 5-6 percent in 2011 from an estimated double-digit expansion this year due to a weak global economy, the head of the company's India and China operations said on November 24.
Published 29 Nov, 2010 12:00am
Siemens eyes top spot for medical devices in China

Siemens eyes top spot for medical devices in China

Siemens wants to become the overall market leader in medical devices in China to tap an expected healthcare boom driven by state-funded upgrades of hospitals and clinics, a senior executive said. Beijing plans to spend about $125 billion by 2020 to build
Published 29 Nov, 2010 12:00am
More Asian Islamic REITS seen drawing Gulf investors

More Asian Islamic REITS seen drawing Gulf investors

More sharia-compliant real estate investment trusts (REITs) will come to market in Asia in early 2011 as cross-regional Islamic investors increasingly embrace the product, HSBC Amanah Malaysia's new head said.
Published 29 Nov, 2010 12:00am
Chelsea held at Newcastle, Spurs beat Liverpool

Chelsea held at Newcastle, Spurs beat Liverpool

Chelsea's Premier League title defence continued to splutter when they could only draw 1-1 at Newcastle United and missed their chance of returning to the top of the standings on Sunday. Everything is going Tottenham Hotspur's way, however, as Aaron Lenno
Published 29 Nov, 2010 12:00am
India beat New Zealand in one-day opener

India beat New Zealand in one-day opener

A century from Virat Kohli helped India secure a convincing 40-run victory in the first one-day international against New Zealand on Sunday. India's total of 276 looked enough, and New Zealand were out of contention at 169 for 8 after 36 overs before a qu
Published 29 Nov, 2010 12:00am
Zulqarnain Haider to expose match fixing players

Zulqarnain Haider to expose match fixing players

Pakistan wicketkeeper Zulqarnain Haider has said that he would reveal secrets regarding match-fixing and spot-fixing allegations within five or six days, Aaj News reported. According to the channel, Zulqarnain wrote on his facebook account that he would e
Published 29 Nov, 2010 12:00am
Bangladesh name Shakib captain for Zimbabwe series

Bangladesh name Shakib captain for Zimbabwe series

Bangladesh on Sunday named Shakib Al Hasan, the world's top ranked limited-overs allrounder, as captain for the upcoming one-day series against Zimbabwe. Shakib led Bangladesh to a historic 4-0 whitewash of New Zealand as stand-in one-day skipper last mon
Published 29 Nov, 2010 12:00am
Former Soviet goalkeeper Maslachenko dies at 74

Former Soviet goalkeeper Maslachenko dies at 74

Former Soviet international goalkeeper Vladimir Maslachenko, who later turned to television commentating, died on Sunday after suffering a stroke last week. He was 74. He died on the last day of the Russian Premier League season and most teams held a minu
Published 29 Nov, 2010 12:00am
FIFA hit by fresh corruption allegations

FIFA hit by fresh corruption allegations

New allegations of corruption have arisen just days before FIFA executive committee members are due to vote on football's World Cup hosts in 2018 and 2022, Swiss newspaper SonntagsZeitung reported.
Published 29 Nov, 2010 12:00am
After dominating Asiad, China eyes London Olympics

After dominating Asiad, China eyes London Olympics

After total domination of the Asian Games, China's sports juggernaut will be relentless in its preparations to top the table at the 2012 London Olympics, sports officials said. China topped the Asiad for the eighth straight time winning 199 gold and a who
Published 29 Nov, 2010 12:00am
Kaymer joins European greats

Kaymer joins European greats

Martin Kaymer joined the greats of European golf by winning the money-list crown on the final day of the season at the Dubai World Championship on Sunday. The German landed a prize of $1.5 million for topping the Race to Dubai after he and second-placed B
Published 29 Nov, 2010 12:00am
Shahnaz Shaikh lauds victory in Asian Games

Shahnaz Shaikh lauds victory in Asian Games

Gold medal victory in the Asian Games will make a huge difference in efforts to revive the fortunes of national sport of hockey, says former Olympian Shahnaz Shaikh. "It's good to see us winning in hockey after so many years. The win was also necessary fo
Published 29 Nov, 2010 12:00am
Strauss, Cook become England's leading opening pair

Strauss, Cook become England's leading opening pair

Andrew Strauss and Alastair Cook became England's most prolific Test opening partnership on Sunday as they frustrated Australia with a match-turning stand in the first Ashes Test. They put on 188 together, the highest English partnership for any wicket at
Published 29 Nov, 2010 12:00am
Strauss, Cook centuries turn tide for England

Strauss, Cook centuries turn tide for England

England are on course to salvage the opening Ashes Test after a dominant batting display to overturn a massive innings deficit into a mounting lead on the fourth day at the Gabba on Sunday. England surged back after Saturday's fruitless third day in the f
Published 29 Nov, 2010 12:00am
UAE awards railway consulting contracts

UAE awards railway consulting contracts

The Union Railway company has awarded engineering and consultancy deals for its $11 billion rail project to link the United Arab Emirates and plans to tender the first construction contracts in early 2011, its CEO said on Sunday.
Published 29 Nov, 2010 12:00am
Europe can deal if needed with more crises: Barroso

Europe can deal if needed with more crises: Barroso

Europe has all the tools it needs in the event of any more crises like the ones in Ireland and Greece, European Commission president Jose Manuel Barroso said in an interview Sunday with French radio. "We have all the tools in case there are other crises"
Published 29 Nov, 2010 12:00am
Europe can deal if needed with more crises: Barroso

Europe can deal if needed with more crises: Barroso

Europe has all the tools it needs in the event of any more crises like the ones in Ireland and Greece, European Commission president Jose Manuel Barroso said in an interview Sunday with French radio. "We have all the tools in case there are other crises"
Published 29 Nov, 2010 12:00am
India to act against some telcos next week

India to act against some telcos next week

India's telecoms ministry is likely to announce as early as Monday action against telecoms firms who violated rules, the Times of India said. The paper said the government was expected to take a view on a state auditor's report that several ineligible fir
Published 29 Nov, 2010 12:00am
Fuel rationing returns to Yangon

Fuel rationing returns to Yangon

Fuel rationing has returned to Yangon after a brief respite during the weeks leading up to the November 7 election, media reports said Sunday. Long queues for petrol at privately owned stations have become a normal sight again in the former capital since
Published 29 Nov, 2010 12:00am
EU backs Irish bailout, to sketch resolution plan

EU backs Irish bailout, to sketch resolution plan

The European Union approved an 85 billion euro ($115 billion) rescue for Ireland on Sunday, an EU source said, and was set to announce outlines of a permanent system to try to resolve Europe's spreading debt crisis.
Published 29 Nov, 2010 12:00am
Kuwait's Dar creditor panel resigns after dispute

Kuwait's Dar creditor panel resigns after dispute

A panel representing most of the creditors of Kuwait's Investment Dar, which owns half of British luxury carmaker Aston Martin, has resigned after a dispute over a restructuring plan, the firm said on Sunday. "The board will seek in due course to appoint
Published 29 Nov, 2010 12:00am
US shuts down counterfeit goods, music sites

US shuts down counterfeit goods, music sites

US authorities have shut down dozens of websites offering counterfeit goods and pirated music, five months after a crackdown on sites offering movie downloads.
Published 29 Nov, 2010 12:00am
Qantas chief points finger at Rolls-Royce over A380 woes

Qantas chief points finger at Rolls-Royce over A380 woes

Qantas Airways chief executive Alan Joyce has said an engine failure on an A380 superjumbo should be blamed on the engine's design and had nothing to do with the airline's operations. A mid-flight failure of a Rolls-Royce Trent 900 engine on November 4 fo
Published 29 Nov, 2010 12:00am