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Nov 01st
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Service industry news

Myanmar, South Korea Deepen Ties

South Korean President Lee Myung-bak wrapped up a trip to Myanmar by meeting with Aung San Suu Kyi and securing promises from leaders to release a North Korean defector and stop trading weapons with Pyongyang.

Oil Drops a Fourth Day on Rising U.S. Supplies, Greek Elections

Oil dropped for a fourth day in New York after U.S. crude stockpiles increased and Greek talks to form a coalition government collapsed, raising concern ’s debt crisis will worsen. Europe Futures slipped as much as 0.9 percent from the lowest settlement in almost five months yesterday. U.S. inventories rose 6.

Japan Futures Fall as Greek Impasse Talks Fail

Japan Stock Futures Fall as Greek Impasse Talks Fail Japanese and Australian stock futures fell as talks to form a new government in Greece failed, increasing concern the country will be forced to leave the single European currency and derail efforts to contain the region’s debt crisis. American depositary receipts of Sony Corp.

Loeb’s Third Point Increases Sara Lee, Takes Apple Stake

Third Point LLC, the New York-based hedge fund run by , added to shares of and and reported a stake in Apple (AAPL) Inc. in the first quarter, according to a regulatory filing. Third Point increased its holding of Downers Grove, Illinois-based Sara Lee by 2.5 million common shares to 10.

US stocks sink as euro crisis worsens

NEW YORK: US stocks sank Tuesday as speculation about Greece's potential exit from the eurozone was rife after the country's political parties failed to forge a government. Recent elections failed to yield a clear victor and parties could not form a centrist coalition that would keep Athens....

Prosecutor seeks new Congo war crimes warrants

International Criminal Court Chief Prosecutor Luis Moreno-Ocampo is asking for new charges against a former Congolese rebel leader

Time-share scam targets gullible customers

Lured by the idea of a free holiday, unsuspecting customers sign on the dotted line

Muslims announce Phase II protests

Agitating Muslims on Tuesday announced the second phase of their protest, demanding that the community's concerns be addressed in the new constitution

Greenpeace warned over sponsor ad

Greenpeace has been warned against encouraging anti-social behaviour after an ad asked supporters to sponsor the painting of a power station chimney.

Bomb targeting former Colombian minister kills two

15 May 2012 18:38 Source: reuters // Reuters * President condemns "terrorist attacks" * Says bomb targeted a former government minister * Driver and police officer killed in blast (Adds details on Londono, context, bylines) By Eduardo Garcia and Luis Jaime Acosta BOGOTA, May 15 (Reuters) - In a....

Railways pandering to catering mafia: Palamau MP

Three days after Palamau MP representing the JMM party - Kameshwar Baitha - fell ill along with seven other passengers travelling on the 12240 Ranchi Rajdhani from the capital after consuming dinner, he was forced to fly from Jharkhand and get himself admitted at the RML Hospital in the capital after his condition reportedly turned for the worse.

IPNLF publishes baitfish study

Pole-and-line fisheries need 25,000t of baitfish to catch tuna each year, according to a new International Pole & Line Foundation (IPNLF) report.

Security arrests 25 people in Gereida

Gereida On Saturday security authorities in Gereida arrested 25 people thought to be conspiring with the Revolutionary Front. Sheikh Juma Deo of Camp Muhajiriya, Addigale Omer Eddin of camp Babanusa, Adam El Hajj of Camp Foreka, Abbaker Abu Krank of Camp Babanusa, Ahmed Franco of Camp Donkey Abyed,....

Tawila plagued by militia and Abu Tira attacks

Tawila Pro government militia looted cars traveling from Tawila to El Fasher, taking money, mobile phones and food from passengers. Witnesses said On Sunday and Monday masked militias and others in army uniforms looted ten cars, beating the passengers before stealing their belongings. They said three people suffered head injuries in the attacks.

GACL focuses more on generating revenue at KIA’s landside

The Ghana Airport Company Limited (GACL), has restructured its revenue generating portfolio to focus more on raking in funds from the landside of Kotoka International Airport (KIA) instead of the orthodox means of gathering monies. Mrs. Doreen Owusu-Fianko, Managing Director of GACL disclosed this....

Greek stalement shakes markets

Greece is headed for another month of political paralysis ahead of new elections in mid-June after party leaders failed to agree a coalition government.

Libya's Belhadj to enter politics

Libya's Islamist rebel commander Abdel Hakim Belhadj says he has quit the military in a bid to enter politics, ahead of upcoming polls.

US sets goal to tame Alzheimer's

The US launches a national plan to tackle Alzheimer's, as estimates show 16 million people will be affected by dementia by 2050.

Fayyoum: The Nile creates a paradise by going underground

By Mohamed ElMasry - The Egyptian Gazette Tuesday, May 15, 2012 07:41:01 PM A highly recommended day trip from Cairo is to visit the Fayyoum area. It is a vast depression within the Western desert, averaged some 50 metre below sea level, about 18,000 square kilometres in area and some 100km southwest of Cairo.

Inam land issue claims one life in Kalasa

On Monday morning, a hard working planter named Paul Pinto decided to end his life. It was not due crop failure or burden of bank loan. The Damocles sword called 'Inam land' and uncertainty revolving around it is said to be the reason for Paul's extreme step.

Abyei committee member calls for International pressure

South Sudan's representative in the Abyei Joint Oversight committee has called on the International community to put pressure on Sudan to withdraw its troops from Abyei.

Nigeria: 7 policemen, 5 robbers killed in gun duel

Hell, it seems, was let loose yesterday, as some gunmen, thirsty for blood, swooped on the Delta police command, and succeeded in mowing down no fewer than seven policemen, a member of the Joint Task Force (JTF), including a female officer, at different locations in Delta State. It was a day of rage and blood.

Bomb attack kills two in Colombian capital

15 May 2012 17:30 Source: reuters // Reuters * President condemns "terrorist attacks" * Says bomb targeted a former government minister * Driver and police officer killed in blast (Adds president's comments, details) BOGOTA, May 15 (Reuters) - A bomb attack in a commercial district of Colombia's....

Sons of Anarchy star joins protest over Sask. film subsidy cut

People from the Saskatchewan filmmaking community, including Sons of Anarchy actor Kim Coates, converged on the legislature Monday to protest against the end of a film and video tax credit.

Socialist Leader: Bulgarian Rulers Brace for Elections

Bulgaria's center-right GERB cabinet headed by PM Boyko Borisov is already gearing for general elections scheduled for the summer of 2013, said opposition Bulgarian Socialist Party chair Sergey Stanishev. "The government is now taking up only actions that are oriented towards the next parliamentary....

PwC Unveils New Video Series on the Current State of Fraud and Corruption

NEW YORK, May 15, 2012 /PRNewswire/ --PwC US today released two video discussions in its new series, The Front Line of Fraud and Corruption, available on Both video discussions, "When th...

SunTrust to Present at the Deutsche Bank 2012 Global Financial Services Investor Conference

ATLANTA, May 15, 2012 /PRNewswire/ --SunTrust Banks, Inc. (NYSE: STI) is scheduled to participate in the Deutsche Bank 2012 Global Financial Services Investor Conference in New York on Monday, Ma...

Citi names Ahmed as PHL corporate and investment banking head

SINGAPORECitigroup has appointed Usman Ahmed as corporate & investment banking head for the Philippines, replacing Kristine Braden who is moving to take up a role with the US bank in Europe.

Pinoy gamers among the first to play Diablo III

Diablo III, the third installment of the blockbuster role-playing game series from Blizzard Entertainment, went live online Tuesday and Filipinos were among the millions of gamers planet-wide who stormed the RPG’s virtual world. IP E-Game Ventures Inc. chief operating officer Heidi Anne M.

Ron Paul: Nomination is out of reach, but continues campaign

Ron Paul is not suspending his presidential campaign. That's the message his staff pushed Tuesday following the candidate's declaration that he won't spend any additional funds to campaign in new states. But campaign manager Jesse Benton clearly stated that the hopes of Paul winning the Republican presidential nomination are officially over.

Bill Clinton on Richard Mourdock: Likable, but Disturbing

Former President Bill Clinton says Indiana GOP Senate candidate Richard Mourdock is a likable person, but the tea partier’s views on compromise are “disturbing.” Mourdock defeated six-term incumbent Sen. Richard Lugar in a Republican primary last week, unseating one of the Senate’s last bipartisan compromisers.
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