Online News Stories

IMF tells UK to consider rate cut

Written on May 22, 2012 by Editor - Top News Stories

22 May 2012 Last updated at 08:39 ET Please turn on JavaScript. Media requires JavaScript to play. Christine Lagarde: “When I look back to 2010 and what could have happened… I shiver” The International Monetary Fund (IMF) has said the … Continue reading →

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Suicide attack targets Yemen army

Written on May 21, 2012 by Editor - Top News Stories

21 May 2012 Last updated at 12:55 ET Please turn on JavaScript. Media requires JavaScript to play. The BBC’s Frank Gardner: “The fight between al-Qaeda and the Yemeni government goes on” More than 90 people have been killed in a … Continue reading →

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Six people hurt in gas explosion

Written on May 21, 2012 by Editor - Top News Stories

21 May 2012 Last updated at 17:36 ET Please turn on JavaScript. Media requires JavaScript to play. Eyewitness Keith Thompson: “It felt like the windows came in, a massive explosion” Three police officers, a paramedic, a gas engineer and an … Continue reading →

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Nato endorses Afghan timetable

Written on May 21, 2012 by Editor - Top News Stories

21 May 2012 Last updated at 17:12 ET Please turn on JavaScript. Media requires JavaScript to play. Barack Obama: “It is in Pakistan’s interests to work with us and the global community” Nato leaders meeting in Chicago have endorsed plans … Continue reading →

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Don’t scare workers, urges Cable

Written on May 21, 2012 by Editor - Top News Stories

21 May 2012 Last updated at 16:44 ET Please turn on JavaScript. Media requires JavaScript to play. Vince Cable: “We don’t need to scare the wits out of workers” Business Secretary Vince Cable has condemned proposals to make it easier … Continue reading →

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Qantas to cut another 500 maintenance jobs

Written on May 20, 2012 by Editor - Business News

MELBOURNE | Sun May 20, 2012 11:33pm EDT MELBOURNE (Reuters) – Australia’s top airline Qantas Airways (QAN.AX) said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high … Continue reading →

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G8 growth talk leaves wary markets awaiting action

Written on May 20, 2012 by Editor - Business News

By William Schomberg Sun May 20, 2012 10:20pm EDT (Reuters) – A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty … Continue reading →

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Ex-Goldman director faces U.S. jury in insider case

Written on May 20, 2012 by Editor - Business News

By Grant McCool NEW YORK | Mon May 21, 2012 12:09am EDT NEW YORK (Reuters) – Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a … Continue reading →

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Opel CEO to face heat from workers over likely plant closure

Written on May 20, 2012 by Editor - Business News

FRANKFURT, Germany | Mon May 21, 2012 1:39am EDT FRANKFURT, Germany (Reuters) – The head of General Motors (GM.N) unit Opel will face workers’ concerns on Monday over reported plans to shut one of its four German plants as the … Continue reading →

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Ryanair reports record profits

Written on May 20, 2012 by Editor - Top News Stories

21 May 2012 Last updated at 02:35 ET The airline warned profits in the current financial year would be happening Budget airline Ryanair has reported record profits as fare rises helped to offset a sharp rise in fuel costs. Net … Continue reading →

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