BREAKING NEWS

2009-05-18

Business

AIG raising money on AIA

US Insurer American International Group is to sell shares in its Asian life insurance division AIA. The money raised will be used to repay some

Business

VW-Porsche merger on hold

The tie-up talks between Volkswagen and Porsche have stalled. A meeting on developing those plans was due to take place on Monday, but was

Business

Fiat looks East

Looking to developing markets to make up for slumping sales in Europe Fiat has confirmed plans to build cars in China. In a partnership with the

Business

Monday 18th May

European shares finished up 2.5 percent. Banks were strong performers on hopes that the recession in top global economies was abating. Adding

Sci-tech

PAYING BY MOBILE PHONE

It’s easy to pay by mobile phone thanks to a new technology called “NFC – Near Field Communication”. Using a mobile phone equipped with a special

Culture

Taking Woodstock to Cannes

Ang Lee’s new film “Taking Woodstock” has premiered at Cannes Film Festival. The film is his first comedy in 13 years, and Imelda Staunton’s

Culture

Spotlight on Bostjan Gombac

Slovenian musician Bostjan Gombac is a true all-rounder. Although the clarinet is his first instrument, he is a multi-instrumentalist and works in a

World

Probe into bullets hand-out

An investigation is underway into a military exercise in The Netherlands when Belgian and French soldiers allegedly handed out blank ammunition to

World

Anger of dairy farmers

French dairy farmers are to begin a week of protests including a national day of demonstrations on Tuesday as their industry reaches crisis point