News archive from 24 January 2012, page 6

Analysis: Megaupload shutdown unlikely to deter piracy

In the wake of last week's surprising indictment of the digital storage company and seven executives, other companies have begun changing their policies even as Megaupload officers maintained their innocence in a first court appearance in New...

 
Ex-U.S. spy chief says may take crisis for new cyber law

Ex-U.S. spy chief says may take crisis for new cyber law

Intelligence agencies like the National Security Agency are authorized to operate abroad but generally are restricted from working within the United States, "Until we have a banking collapse or electric power goes off in the middle of a snowstorm...

 

Peers Deal Blow To Welfare Reform Plans

The Government has suffered an "embarrassing" defeat over its welfare reform proposals as peers voted to exclude child benefit from the £26,000 cap. Peers voted by 252 to 237, a majority of 15, in favour of an amendment introduced by the...

 

Harry Redknapp Denies Hiding Money In Monaco

Tottenham Hotspur football manager Harry Redknapp has denied avoiding tax by hiding two payments from his club chairman in a Monaco bank account. Redknapp, 64, is accused of taking tax-free offshore bungs in an account named after his pet dog. He was...

 
Salman Rushdie video-link to Jaipur festival confirmed

Salman Rushdie video-link to Jaipur festival confirmed

Author Salman Rushdie will now address the Jaipur literature festival via video-link, organisers say. There had been doubts about Mr Rushdie's speech amid controversy over his participation in the festival. Mr Rushdie withdrew from the festival,...

BBC, 07:56 in Art & Culture
 
US defends Jay Leno Golden Temple jibe

US defends Jay Leno Golden Temple jibe

The US has defended comedian Jay Leno's right to free speech after India condemned a reference he made to the holiest Sikh shrine. A Leno skit showed the Golden Temple of Amritsar as the summer home of Republican candidate Mitt Romney. Mr Romney has...

BBC, 07:56 in Art & Culture
 
EU official admits it can't impose Tobin tax on UK as IMF boss says world faces '1930s moment'

EU official admits it can't impose Tobin tax on UK as IMF boss says world faces '1930s moment'

The world must act now to prevent a "1930s moment" and a "downward spiral" into economic catastrophe, the International Monetary Fund warned last night. IMF managing director Christine Lagarde said the global economy faced a...

 
Council care rip-off: Elderly 'penalised' by ruthless drive to charge more for vital services, say MPs

Council care rip-off: Elderly 'penalised' by ruthless drive to charge more for vital services, say MPs

Town halls are accused today of 'penalising' the elderly by ruthlessly increasing the charges the most vulnerable pay for their care. Almost half of councils have put up charges 'either moderately or substantially' for home help and other services, a...

 
Cable calls for votes on huge pay and bonus awards to curb 'clear market failure'

Cable calls for votes on huge pay and bonus awards to curb 'clear market failure'

Bosses of failing firms will have a chunk of their pay clawed back under plans unveiled last night. Vince Cable said all large companies should be made to put a 'clawback mechanism' - effectively a reverse bonus - in the contracts of executives. The...

 
Small business owners 'ready to give up and become employees again' in bleak economic state

Small business owners 'ready to give up and become employees again' in bleak economic state

Half said they have cut their salary over the last two years, with most reducing their pay by between 11 per cent and 25 per cent of the salary that they used to enjoy. Robert Downes, from the Forum of Private Business, said: "These are tough...

 
Ofgem fast-tracks energy revamp with more than £7bn of spending on way

Ofgem fast-tracks energy revamp with more than £7bn of spending on way

Plans to spend more than £7bn updating Britain"s ageing energy networks have been fast-tracked by industry regulator Ofgem. Approval for spending by SSE and ScottishPower, two of Britain"s largest energy providers, has been brought forward...

 
Carphone Warehouse says pre-pay phones down sharply

Carphone Warehouse says pre-pay phones down sharply

Carphone Warehouse says that UK pre-pay mobile phone market fell by 35-40% in the final three months of the year. However, the company said that stronger contract sales meant it would meet its full-year profit targets. Carphone Warehouse said demand...

BBC, 08:07 in Business
 

Sage mindful of European woes on customers

Chief Executive Guy Berruyer said on Tuesday that the macro-economic environment remained challenging for Sage's customers, but it was able to cope with the ups and downs of the economic cycle. "We are confident that the business priorities, on...

 
CLIJSTERS BOOKS LAST FOUR SPOT

CLIJSTERS BOOKS LAST FOUR SPOT

Kim Clijsters has kept her Australian Open title defence on track by moving into the semi-finals with victory over Caroline Wozniacki - stripping the Dane of her number one ranking in the process. Showing no signs of the ankle injury sustained in her...

Daily Star, 08:14 in Sport
 
Federer on cloud nine after brushing aside Del Porto to reach semi-finals

Federer on cloud nine after brushing aside Del Porto to reach semi-finals

More... Murray is in with a big shout, yells Lendl with Andy set for Nishikori showdown Nadal cruises into Aussie Open quarters after straight sets win over Lopez

Daily Mail, 08:15 in Sport
 


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