News archive from 28 August 2012

Citigroup to settle MBS suit for $24.9 million

Citigroup to settle MBS suit for $24.9 million

The 2008 lawsuit accused Citigroup of lying about lenders' deteriorating mortgage underwriting and appraisal standards during the subprime mortgage boom, and understating the risk of default. As the underlying mortgages began to default, the value of...

Reuters, 22:05 in Business
 
Homes evacuated after BMW crashes into houses in Rochdale and causes gas leak

Homes evacuated after BMW crashes into houses in Rochdale and causes gas leak

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Hot hog sales raise spectre of inflation in China

Faced with sluggish domestic demand and the record cost of fattening animals - due to a steep rise in the price of corn and soybeans as a drought grips top exporter the United States - China's hog producers are being forced to sell their herds....

Reuters, 22:13 in Business
 
Homes evacuated after BMW crashes into houses in Rochdale and causes gas leak

Homes evacuated after BMW crashes into houses in Rochdale and causes gas leak

Stay in touch with the latest business news as it happens by signing-up for our free twice-daily email alerts. Poll Loading No Javascript? View the poll here… Obituary Search our archive of Deaths, Memoriams & Acknowledgements View all notices...

 

Murray opens Flushing Meadows campaign with straight-sets victory over Bogomolov Jr

Andy Murray began his US Open campaign with a straight-sets win after seeing off the challenge from Russia's Alex Bogomolov Jr on Monday, The British ace, in search of his first Grand Slam title, won 6-2, 6-4, 6-1. More to follow...

Daily Mail, 22:24 in Sport
 
Apple submits Samsung ban bid list

Apple submits Samsung ban bid list

Apple has given a US federal judge a list of eight Samsung Electronics products it wants pulled from shelves and banned from the US market. US District Judge Lucy Koh asked for the list after a jury in San Jose last week slammed Samsung with a 1.05...

 

Teenage boy rape case: two men bailed

Two men arrested by police investigating the rape of a 14-year-old boy in a toilet in Manchester have been bailed. The men, aged 55 and 41, were both arrested on suspicion of rape last Friday, and were questioned in custody before their release. The...

 
MURDER FILES INTO MINER DEATHS OPEN

MURDER FILES INTO MINER DEATHS OPEN

The news came as President Jacob Zuma was grilled by the African National Congress (ANC) national executive committee over the police shootings that wounded another 78 strikers at the Lonmin platinum mine on August 16. The killings - the worst display...

 

Creamfields festival in Daresbury cancelled as flooding leaves site swamped

THOUSANDS of festival-goers were left disappointed after heavy flooding saw the final day of Creamfields cancelled.Organisers were forced to pull the plug on the 55,000 sell-out event on Sunday morning after torrential downpours left the Daresbury...

 

Creamfields rained off

THOUSANDS of revellers have made their way home after rain and floods brought an early end to Creamfields.The dance music festival in Daresbury had been set for 55,000 visitors over the Bank Holiday weekend. Organisers pulled the plug after a deluge...

 

Rihanna causes a stir as she lands in London wearing ANOTHER outfit glorifying cannabis

Rihanna just can't leave her love of marijuana behind... even when she's onboard a transatlantic flight.The singer landed in London tonight wearing her love of the drug emblazoned across her body, in a sweatshirt that appears to show someone rolling a...

 

Curvy Christina Aguilera squeezes her body into a VERY tight black dress to film new music video

Curvy and proud Christina Aguilera put her shape on show in a tiny black dress while filming her new music video in LA last week. The shapely 5'1" star, whose weight has fluctuated over the years, looked a picture of confidence as she strutted...

 

Taking the diet a step too far... Ex TOWIE star Amy Childs displays drastic weight loss in super-skinny...

She's been working herself to the bone in a bid to ensure that her beauty salon is a success in the wake of the poor reception her reality show spin-off received.And it seems that the stress of the past few months have taken their toll on former The...

 

Thousands of Kuwaitis protest electoral law move

While the major oil exporter has not experienced the kind of mass popular uprisings that have swept the Arab region since last year, tensions have grown between the cabinet, opposition lawmakers and youth activists. Around 3,000 people, mainly men in...

 

VIEWPOINT: Listen up! It's music's sale of the century as Universal seeks approval for EMI deal

It's music's equivalent of the sale of the century. If all goes to plan it could be some welcome good news for that great British institution EMI Records, which brought music fans everyone from The Beatles to Coldplay. After months of uncertainty, the...

 


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