Asian pipeline to carry gas to Europe
India's News.Net
The Nabucco pipeline, which will carry Central Asian gas to western Europe via Turkey and the Balkans, will soon pipe gas into the European Union countries.
Spanish bank becomes Venezuelan owned
India's News.Net
The Spanish-owned Banco de Venezuela has been taken over by the Venezuelan government.
Garuda soon to return to Europe
India's News.Net
The European Union’s Air Safety Committee has recommended that Garuda Indonesia should once be allowed to fly into European countries.
Deadline missed for Australian iron ore
India's News.Net
Australian and Chinese mining officials have missed an annual deadline to set benchmark iron ore prices.
Thai merchants lose their pirate goods
India's News.Net
Illegally copied goods are being hunted down and destroyed by Thai authorities in a new anti-piracy campaign.
Swiss banks cutting U.S. clients loose
India's News.Net
Swiss banks are shunning business from the U.S. amid concerns over legal issues and prospects for tighter regulation.
657 billion cigarettes a year sold on black market
India's News.Net
The global tobacco industry is under attack from pirates that are ripping the heart out of cigarette sales.
Sahara pipeline to transport gas from West Africa to Europe
India's News.Net
Nigeria, Algeria and Niger have signed an agreement to build a pipeline across the Sahara that would link Europe to big west African gas reserves.
CBI issues swine flu alert
Guardian
... swine flu pandemic, after the government's warning that the number of people falling ill with the virus could soar to 100,000 a day by August, employers groups have warned.With the government moving...
EDF threatens to scale back plans for nuclear power plant construction
Guardian
Energy will scale down plans to build a new generation of nuclear reactors in the UK unless the government fixes the price of carbon, its chief executive, Vincent de Rivaz, has warned. De Rivaz said...
Have we reached the end of the line for Thatcher
Guardian
BT in 1984, "Mrs Thatcher embodied a backlash against the state that seemed entirely plausible at that moment. It was said that if companies were left in the public arena, they would be starved of...
Porritt blasts Treasury
Guardian
Jonathon Porritt, one of Britain's leading environmentalists, has attacked the Treasury for being "startlingly arrogant" and for dragging its feet over sustainability.This month Porritt steps down as...
PWC audit of
Guardian
India 's Enron" - whose founder admitted fabricating cash and other non-existent assets of more than £1bn.The audit of Satyam was not, as previously thought, carried out by PWC's main operation...
Private equity owns four UK debt collectors
Guardian
Private equity giants own some of the a discovery that has prompted concern among politicians.Four of the most...
Child Porn App Disappears from iTunes App Store
Wired News
BeautyMeter, the app which managed to sneak “child pornography” onto the iPhone, has been pulled from the iTunes App Store. The application lets users upload pictures of themselves and...
Chancellor Hits Out At
Sky News
Mr Darling said: "We need to learn lessons from the financial crisis in which banks behaved in a kamikaze manner and the regulatory system failed.
Golf course, toxic plants up for grabs in GM
Financial Post
As General Motors Corp. prepares to sell its best assets to a streamlined new entity, the worst of what it owns will be auctioned off in bankruptcy court, including contaminated factory sites...
Strong demand for Rio Tinto rights offering
Financial Post
A tipper truck at a Rio Tinto mine in Australia. Rio Tinto Ltd sold virtually all of the U.K. part of its US$15.2-billion rights offering, the world's fifth-biggest, easing its huge debt burden and...
SEC lawyer warned of Madoff irregularities
Financial Post
A U.S. Securities and Exchange Commission lawyer warned about irregularities at Bernard Madoff's financial management firm as far back as 2004, The Washington Post reported Thursday...
Air Canada, union to explore next steps Friday
Financial Post
The 3,800 Air Canada machinists and maintenance mechanics of a Montreal union local were largely responsible for the thumbs-down Wednesday on a tentative deal reached by their national...
Post-Madoff era of scrutiny will last about 15 minutes
Financial Post
Burt Ross, one of the 8,000 aggrieved former clients of Bernie Madoff, made an eloquent statement after the US$65-billion Ponzi schemester was sentenced this week to 150 years behind bars. "What...
Oshawa to get GM
Financial Post
General Motors Corp. will build a new luxury stretch sedan called the Cadillac XTS at its assembly plant in Oshawa, Ont., according to suppliers briefed on the automaker’s latest product plans.
Lear to file for bankruptcy protection
Financial Post
Auto seating supplier Lear Corp said on Wednesday it would file for Chapter 11 bankruptcy protection in a reorganization supported by key secured lenders and bondholders and that it had...
