News archive from 7 February 2012, page 4

Colombian ex-militia chief nabbed in Venezuela

After years of acrimony, improved relations between Caracas and Bogota since Juan Manuel Santos came to power in Colombia in 2010 have led to the capture of a growing number of fugitive Colombians by Venezuela. Hector German Buitrago - better known by...

 

RESEARCH ALERT-Brokers raise targets on Sembcorp Marine

The firm announced the order win early on Monday. Sete Brasil is a company created by a group of Brazilian banks and fund to build rigs for state-run oil firm Petrobras SA . CIMB raised its target on SembMarine to S$6.28 from S$3.30 and upgraded the...

 

China fines parents of HK-born second child - report

China introduced its one-child policy in 1979 to limit births in the world's most populous nation, although the rules have been relaxed in recent years. Women in several mainland cities, who gave birth to a second child in Hong Kong, have been fined...

 
China drives growth for KFC owner Yum

China drives growth for KFC owner Yum

The company that owns the KFC fast food chain has again reported solid growth figures fuelled by demand in China. Yum! Brands has reported better-than-expected profits for the fourth quarter of 2011, jumping 30% from the same period last year. Net...

BBC, 03:45 in Business
 
Labour To Step Up Attack On Bonus Culture

Labour To Step Up Attack On Bonus Culture

Labour will warn bumper City payouts are damaging the economy and wider society today as MPs debate bankers' bonuses in the Commons. The party will use on opposition day debate to insist bosses of banks shored up by the taxpayer must only be paid for...

 

Shanghai shares break below key 2,300 support, Hong Kong weak

* Dashed hopes of near-term RRR cut spook retail investors * Steel companies down after profit warning from Beijing * Tencent weak after Sohu.com's negative forecast By Clement Tan HONG KONG, Feb 7 (Reuters) - China shares slipped on Tuesday after...

 

WEINTRAUB SADDENED BY TAYLOR'S SUFFERING

Hollywood producer JERRY WEINTRAUB was "very sad" to learn of his friend ELIZABETH TAYLOR's death last month (Mar11) after witnessing her declining health in recent years. The screen icon passed away last week (23Mar11) after losing her...

 
'Thought-controlled' drones could lead to new era of war crimes, warns scientist

'Thought-controlled' drones could lead to new era of war crimes, warns scientist

In their report, one of a series from the Royal Society looking at the field of neuroscience, the experts call on the UK Government to be as "transparent as possible" about research into military and law enforcement applications. They also...

 
Alien 'harlequin' ladybirds putting British species at risk - with two-spot insects wiped out in some areas

Alien 'harlequin' ladybirds putting British species at risk - with two-spot insects wiped out in some areas

Seven out of eight UK ladybird species have declined over five years following the arrival of larger alien 'harlequin' ladybirds in 2004. Harlequins out-compete with other ladybirds for prey and habitat, and even eat their native cousins, the...

 
New banking cyber attack even penetrates accounts protected with latest PIN security devices

New banking cyber attack even penetrates accounts protected with latest PIN security devices

A new generation of cyber attack has evolved to 'leapfrog' the latest generation of security - including PIN devices which randomly generate an access code very time users access their account. The attack also has also been shown to bypass most PC...

 

Rescuers search for missing after Philippine quake

Soil and rocks buried homes in a neighbourhood in Guihulngan City near the quake's epicentre, which had also seen heavy rain in the days before the earthquake, disaster officials said. "It looks like there is no more hope of finding the 29...

 

Singapore Stocks-Up at midday on boost from commodity stks

* Brokers up target on Sembcorp Marine after order win By Eveline Danubrata SINGAPORE, Feb 7 (Reuters) - Singapore shares rose slightly on Tuesday, outperforming regional markets as energy and commodity-related stocks gained on positive sentiment...

 
Italy acts on Russia gas shortage amid Europe freeze

Italy acts on Russia gas shortage amid Europe freeze

Italy has activated emergency measures to conserve gas supplies as freezing weather continues to grip the country and much of Europe. Italy has been receiving reduced gas imports from Russia - one of its main suppliers - at the same time as gas...

BBC, 06:12 in Business
 
India court panel recommends repeal of mining licences

India court panel recommends repeal of mining licences

A panel appointed by India's Supreme Court has recommended that licences of as many as 49 iron ore miners in the state of Karnataka should be cancelled. The Central Empowered Committee (CEC) has accused them of indulging in illegal mining...

BBC, 06:12 in Business
 
US bank promotes Vietnam infrastructure projects

US bank promotes Vietnam infrastructure projects

The US is looking to play a bigger role in the fast growing economy of Vietnam through infrastructure projects. The chairman of the independent US federal agency Export-Import Bank (Ex-Im Bank) has pushed for infrastructure deals worth $1.5bn...

BBC, 06:12 in Business
 


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