News archive from 5 January 2012, page 4

Militias may drag Libya into civil war - NTC chief

Mustafa Abdel Jalil, chairman of the National Transitional Council (NTC), issued the stark warning in response to a gun battle between militias in one of Tripoli's busiest streets which killed four fighters. More than two months after anti-Gaddafi...

 

In final leg of vote, Egypt's Islamists eye majority

Egyptians voted for a second day on Wednesday in the final stage of the lower-house election, the first free legislative vote since army officers overthrew the monarchy in 1952. The staggered election is part of the military's plan to hand power to...

 
Global shares, euro dip on Europe

Global shares, euro dip on Europe

The euro zone's sovereign funding plans and U.S. economic data, including U.S. jobs figures due on Friday, are the primary focus for market participants to gauge whether investors would take or avert risk. MSCI's broadest index of Asia Pacific shares...

Reuters, 04:05 in Business
 
Kodak shares tumble 28% amid fears about its future

Kodak shares tumble 28% amid fears about its future

Shares in Eastman Kodak have fallen 28% on speculation the photography firm was preparing to file for bankruptcy protection in the US. Shares dropped 18 cents to a record low of 47 cents on Wednesday. The sell-off was triggered by a report in the...

BBC, 04:17 in Business
 
SACHA’S UP FOR A FIGHT

SACHA’S UP FOR A FIGHT

SACHA Baron Cohen is ready for a fight in the courts with wildman US comic Pauly Shore in a row over his new film Bruno. In the Brit’s flick Bruno, a flamboyant gay Austrian fashionista, adopts a Third World child so he can be like Madonna and...

 
FRANCO WAS UNCOMFORTABLE DURING NAKED POOL SCENE

FRANCO WAS UNCOMFORTABLE DURING NAKED POOL SCENE

A naked pool scene in HARVEY MILK biopic MILK made heterosexual SPIDER-MAN star JAMES FRANCO uncomfortable - because everyone else on the set was clothed. Franco, who plays San Francisco politician Milk's gay lover Scott Smith in the Gus Van Sant...

 

FBI data shows spike in U.S. firearm purchases in 2011

The FBI said it fielded nearly 16.5 million queries from firearms sellers last year, checking that customers buying guns did not have criminal records or other red flags that made them ineligible to purchase weapons. That was up 15 percent from 2010,...

 

Landslide kills 25 in Philippine mining area

Government officials said there had been cracks in the mountains, caused by earlier landslides, and rain over the past weeks could have loosened soil. Last month, Typhoon Washi and the flash floods it caused on Mindanao island killed more than 1,200...

 

Woodford in Japan to decide on bid to run Olympus

"There are several people I want to see to establish the way forward," Woodford said in footage carried by TV Tokyo as he arrived at the capital's Narita Airport. Asked whether he would withdraw his bid to return to Olympus' top job, he...

 
Top China airlines to ignore EU carbon tax, body says

Top China airlines to ignore EU carbon tax, body says

China's biggest airlines will not pay a new European Union tax aimed at cutting carbon emissions, their trade body has said. On 1 January, the EU brought airlines under its Emissions Trading Scheme (ETS), which levies a charge on flights based on...

BBC, 06:18 in Business
 

StanChart sees early signs of EU banks deleveraging in Asia

The Asia-focused bank, which gets about 80 percent of its profit from emerging markets, warned in December that income growth in 2011 would be "just below" its 10 percent target as the euro zone debt crisis slowed deal activity. Bindra is a...

Reuters, 06:51 in Business
 

Pakistani Taliban say kill 15 soldiers, vow further "revenge"

Pakistani forces have targeted militants in the northwestern Khyber tribal region on and off for more than four years. "This is revenge for the killing of our comrades in Khyber by Pakistani forces," Ehsanullah Ehsan, a spokesman for the...

 
UniCredit CEO confident on success of rights issue

UniCredit CEO confident on success of rights issue

"On government bonds we will continue to do what we did in 2011 at auctions. If necessary we will buy and we'll then contribute to sell on the market. The idea is to keep volumes in our portfolio at current levels," Ghizzoni was quoted as...

Reuters, 06:59 in Business
 

Irish services sector sees first contraction in Dec. - PMI

Managers surveyed said the decline was due to fragile economic conditions and poor business confidence, which fell to its lowest since Ireland signed up to an EU/IMF bailout in November 2010. New orders among services companies, including IT and...

Reuters, 07:14 in Business
 
Records tumble as Clarke smashes 329 not out in rampant Aussie batting display

Records tumble as Clarke smashes 329 not out in rampant Aussie batting display

Hussey became the third centurion of the innings, bringing up his ton with a sharp single shortly before lunch to join Clarke and former captain Ricky Ponting (134). The left-hander took just 188 balls to reach three figures, crashing 11 fours and a...

Daily Mail, 07:21 in Sport
 


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