News archive from 24 January 2012, page 16

UK extends term for Bank of England's David Miles

The former Morgan Stanley economist was first appointed to the MPC in June 2009 and he will now serve until 2015. "The chancellor (finance minister George Osborne) has decided to reappoint David Miles as external member of the Monetary Policy...

Reuters, 15:32 in Business
 

Road to the Oscars: Scorecard

Nominations for an Oscar for Best Picture 2012 have been announced in Hollywood. Here is the tally of the other key awards they have either won or been shortlisted for. Winner Nomination *Drama and comedy/Musical categories **Cast performance...

BBC, 15:35 in Art & Culture
 
Europe faces malaise and must reform, World Bank says

Europe faces malaise and must reform, World Bank says

Only major reforms in governments and working habits will save Europe from a spiral where an ageing, shrinking workforce, high debt and unaffordable public spending strangles its future, the bank said. "Strong growth could make debt problems...

Reuters, 15:41 in Business
 
U.N. envoy moves to Somalia as violence rages

U.N. envoy moves to Somalia as violence rages

High-level officials from the United Nations have been based in neighbouring Kenya since 1995 because of security concerns, although its Political Office for Somalia had a few officers in the Somali capital. Al Qaeda-linked al Shabaab militants...

 
Trapped teenagers turn to Facebook

Trapped teenagers turn to Facebook

Two teenage girls trapped on rocks during a rising tide were rescued after putting out a Facebook alert. In a sign of the times, the two girls' first thought was to highlight their danger on the social networking site - despite having a phone. Luckily...

 

RIM's new leader raises doubts among investors

Takeover talk, swirling around RIM for months, picked up steam as Heins took the helm at a once-dominant smartphone company that now struggles to compete. But RIM's shares tumbled more than 8 percent as investors wondered whether Heins could reverse...

 

Russian handset sales back to pre-crisis level: MTS

Market value growth lags volume growth because of falling prices, reflecting growing competition between phone manufacturers and retailers, as well as the emergence of new technologies. MTS, which had a 16 percent share of the Russian handset sales...

 
Museums in England share £60m fund

Museums in England share £60m fund

A £60m pot of public money has been divided between English museums and galleries to improve their exhibitions. Arts Council England has awarded the money to 16 bodies in areas including Manchester, York, Cumbria and Bristol. But Museums Sheffield...

BBC, 16:17 in Art & Culture
 
Salman Rushdie 'sad for India' after video-link blocked

Salman Rushdie 'sad for India' after video-link blocked

UK author Sir Salman Rushdie says he is "sad for India" after threats of violence prevented him from addressing an Indian literary festival. He said religious extremist groups had prevented freedom of ideas and blamed politicians for...

BBC, 16:17 in Art & Culture
 
Chipmakers' forecasts prompt fears of Nokia slump

Chipmakers' forecasts prompt fears of Nokia slump

While Nokia dumped its old Symbian smartphone platform in February 2011 in favor of Microsoft's Windows Phone, Symbian was expected to account for a vast majority of its smartphone sales for a while longer. Overnight, Nokia suppliers Texas...

 
CANARIES AGREE DEAL FOR HOWSON

CANARIES AGREE DEAL FOR HOWSON

Norwich have signed Leeds captain Jonny Howson for an undisclosed fee. Howson has agreed a three-and-a-half-year contract with the Barclays Premier League club. The 23-year-old midfielder will be Norwich's first signing of the January transfer...

Daily Star, 16:32 in Sport
 
New body found on wrecked Italian ship crews begin work

New body found on wrecked Italian ship crews begin work

Preparations began Tuesday for the complex task of extracting more than 2,300 tonnes of diesel oil from the giant liner's 17 fuel tanks with divers beginning the work of installing external fuel tanks to hold the oil pumped out. As the salvage...

 

France mulls Afghan pullout

President Nicolas Sarkozy last week suspended all French operations on the ground and sent his defence minister and armed forces chief to Kabul after four French soldiers were killed by a rogue Afghan soldier. Paris has 3,600 troops in Afghanistan as...

 
Howson reveals delight at completing £2m switch to high-flying Canaries

Howson reveals delight at completing £2m switch to high-flying Canaries

Jonny Howson admitted he can't wait to taste Barclays Premier League football after completing his £2million move to Norwich. The midfielder has agreed a three-and-a-half-year contract with the Canaries, who are seeking to secure their top-flight...

Daily Mail, 16:47 in Sport
 

Facebook Launches Help For UK Start-Ups

Facebook has announced it will give away £4.2m of free advertising as part of a series of initiatives to help British and European businesses make the most of social media. The company's Ad Boost programme will give 50,000 small businesses across the...

 


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