News archive from 8 February 2012

Hezbollah says gets support, not orders, from Iran

Nasrallah said Hezbollah previously only confirmed Iranian political and moral backing because it did not want "to embarrass our brothers in Iran," but had changed policy because Iran's leadership had announced its support in public....

 
Yahoo board shake-up as chairman and others leave

Yahoo board shake-up as chairman and others leave

Yahoo's chairman and three other board members are leaving as the tumult at the US web portal continues. Chairman Roy Bostock - who was in charge when Yahoo rejected a $47.5bn (£31bn) takeover offer in 2008 - will step aside in this latest shake-up...

BBC, 22:23 in Business
 

Moroccan army promised better deal after protests

A cabinet meeting chaired by the king adopted a draft law "defining, clarifying and strengthening basic guarantees for the military" and covering soldiers' legal, material and social rights, a statement carried by the official MAP news...

 

Renesas, Fujitsu, Panasonic to merge system chip ops: report

The move is aimed at creating a globally competitive chip maker, which will play an essential role in the survival of the chip industry, leaving Toshiba Corp as the only other Japanese player, the paper said. The new company will develop system chips,...

 
BHP Billiton profits fall on lower iron ore prices

BHP Billiton profits fall on lower iron ore prices

Falling commodity prices have pushed down profits at the world's biggest mining company, BHP Billiton. The Anglo-Australian company reported a 5.5% annual drop in first-half net profit to $9.9bn (£6.2bn). It also warned of a volatile outlook due to...

BBC, 23:01 in Business
 

U.S. eyes cuts to Iraq embassy after troops exit

The New York Times reported Tuesday that the U.S. government was preparing to slash its diplomatic presence, which includes consulate operations in Basra, Arbil and Kirkuk, by as much as one half. State Department spokeswoman Victoria Nuland said...

 

AMD's head of sales leaves company

AMD did not give a reason for Ghilardi's departure. Read has promised to get AMD ready to fight in a quick-changing computer industry. The company has long struggled to keep up with bigger rival Intel Corp in the market for powerful PC processors....

 
ADRIAN NEWEY NOT FOR MOVING

ADRIAN NEWEY NOT FOR MOVING

ADRIAN NEWEY, the most successful car designer in F1 history, has told Ferrari he is staying at Red Bull. Newey, behind eight constructors’ championships, the last two with Red Bull, said: “To be honest, I can’t see myself going anywhere else.”

Daily Star, 00:00 in Sport
 
CYCLING: MARK CAVENDISH CLAIMS FIRST TEAM SKY WIN

CYCLING: MARK CAVENDISH CLAIMS FIRST TEAM SKY WIN

MARK CAVENDISH claimed his first win for Team Sky with a trademark sprint finish yesterday on stage three of the Tour of Qatar. The Manxman, who switched teams after winning last year’s Tour de France green jersey and the world championships, beat...

Daily Star, 00:00 in Sport
 
SIR ROGER BANNISTER: IT'S GOLD FOR HANNAH ENGLAND

SIR ROGER BANNISTER: IT'S GOLD FOR HANNAH ENGLAND

TRACK legend Sir Roger Bannister is tipping Hannah England for 1,500m gold at this summer’s Olympics. England, 24, regularly trains on the track where Bannister made history by becoming the first man to break the four-minute mile. Whenever Hannah...

Daily Star, 00:00 in Sport
 
CAPTAIN CONAN'S PLAN

CAPTAIN CONAN'S PLAN

NICKY HENDERSON’S Captain Conan has been supplemented for Sunday’s Deloitte Novice Hurdle at Leopardstown. The French recruit already has a Grade One win to his name, having beaten Colour Squadron by a short head on his British debut in Sandown’s...

Daily Star, 00:00 in Sport
 
DVINSKY HITS 200 CLUB

DVINSKY HITS 200 CLUB

OLD-TIMER Dvinsky will reach a memorable milestone at Kempton today - running for the 200th time in a race named in his honour. It is believed no horse has made as many starts in Britain before and the 11-year-old will bring down the curtain on the...

Daily Star, 00:00 in Sport
 
GREYHOUNDS: FRESH GLENBANE AIR FOR TRIAL

GREYHOUNDS: FRESH GLENBANE AIR FOR TRIAL

GLENBANE AIR (8.19), who will have delighted his owners and punters alike when stylishly making a winning debut over C&D last week, can establish himself a player for the forthcoming Ladbrokes Arc by taking his trial stakes at Swindon tonight –...

Daily Star, 00:00 in Sport
 
REBELS ATTACK GIANT MERGER

REBELS ATTACK GIANT MERGER

SHAREHOLDERS yesterday slammed a $90billion (£57billion) merger between miner Xstrata and commodities trader Glencore to create an industry giant to rival Rio Tinto or BHP Billiton. Two of Xstrata’s biggest investors Standard Life and Schroders said...

 
BP AIMS TO EXPLORE EVEN DEEPER WATER

BP AIMS TO EXPLORE EVEN DEEPER WATER

BP is to launch a major push into deep-water oil exploration despite its technology failing and partly causing the Gulf of Mexico oil disaster. Chief executive Bob Dudley said the oil giant was pressing ahead with developing new technologies able to...

 


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