BREAKING NEWS

2009-06-26

Business

UBS to raise capital, warns of losses

Swiss bank UBS plans to raise almost 2.5 billion euros by selling new shares as it forecast a net loss for the second quarter. UBS said its

Swiss bank UBS plans to raise almost 2.5 billion euros by selling new shares as it forecast a net loss for the second quarter. UBS said its

Business

Qantas reduces Boeing orders

Qantas has scrapped and deferred orders for 30 Boeing 787 Dreamliners. The Australian airline cancelled 15 of the fuel-efficient, long-haul

Qantas has scrapped and deferred orders for 30 Boeing 787 Dreamliners. The Australian airline cancelled 15 of the fuel-efficient, long-haul

Business

Friday 26th June

European shares closed half a percent lower. Drugmakers were the biggest losers. Sanofi-Aventis was down eight percent, extending the previous

European shares closed half a percent lower. Drugmakers were the biggest losers. Sanofi-Aventis was down eight percent, extending the previous

Business

France may sell Areva stake

The French government is reportedly preparing to sell up to 15 percent of nuclear power firm Areva. A story in the Financial Times said the buyers

The French government is reportedly preparing to sell up to 15 percent of nuclear power firm Areva. A story in the Financial Times said the buyers

Business

Spain's plans to save the savings banks

Spain’s government has created an emergency rescue fund for the country’s financial sector. It has allocated nine-billion euros to help facilitate

Spain’s government has created an emergency rescue fund for the country’s financial sector. It has allocated nine-billion euros to help facilitate

Europe

Turkey's EU ambition still alive

Turkish Prime Minister Recep Tayyip Erdogan has led a delegation to Brussels to give second wind to his country’s flagging drive to join the European

Turkish Prime Minister Recep Tayyip Erdogan has led a delegation to Brussels to give second wind to his country’s flagging drive to join the European

News

Merkel & Obama discuss Iran

The leaders of America and Germany have met in Washington, with Angela Merkel keen to get a photo opportunity alongside Germany’s favourite

The leaders of America and Germany have met in Washington, with Angela Merkel keen to get a photo opportunity alongside Germany’s favourite

Europe

Iranian exiles in Europe and Iraq

The exiled People’s Mujahedin of Iran — opposed to religious rule — has been seeking public attention in Europe for quite some time. A former member

The exiled People’s Mujahedin of Iran — opposed to religious rule — has been seeking public attention in Europe for quite some time. A former member

News

Jackson fans rally across the globe

There are scenes of shock and grief around the world for Michael Jackson, but also scenes of celebration of this musical legend’s life. One woman

There are scenes of shock and grief around the world for Michael Jackson, but also scenes of celebration of this musical legend’s life. One woman

News

Jacko's achievements tainted with scandal

For all the plaudits about his achievements in entertainment, there was a more questionable side to Michael Jackson’s life. He believed that he was

For all the plaudits about his achievements in entertainment, there was a more questionable side to Michael Jackson’s life. He believed that he was

News

Turkish military says it is target of smears

The Turkish military has tried to end all speculation it is undermining the government, and is accusing in turn others of seeking to divide the armed

The Turkish military has tried to end all speculation it is undermining the government, and is accusing in turn others of seeking to divide the armed

News

G8 calls on Iran to protect protestors

Foreign ministers at a G8 summit have called on Iran for an immediate end to the post-election violence there that has claimed around 20 lives

Foreign ministers at a G8 summit have called on Iran for an immediate end to the post-election violence there that has claimed around 20 lives

News

Michael Jackson's musical legacy

Michael Jackson’s musical career was about breaking records as well as making them. His 1982 album Thriller has sold more copies, by a long way

Michael Jackson’s musical career was about breaking records as well as making them. His 1982 album Thriller has sold more copies, by a long way

News

Mystery over cause of Michael Jackson's death

After the initial shock of the sudden death of Michael Jackson, speculation is turning to what claimed the life of the King of Pop. The

After the initial shock of the sudden death of Michael Jackson, speculation is turning to what claimed the life of the King of Pop. The

News

Jackson finances in chaos before death

He was one of the biggest selling artists of all time, and at the same time he was up to his eyes in debt. Michael Jackson had spent a mountain of

He was one of the biggest selling artists of all time, and at the same time he was up to his eyes in debt. Michael Jackson had spent a mountain of

Culture

A tribute to Michael Jackson

Michael Jackson, whose sudden death shocked his millions of fans world wide was a unique artist who had spent most of his life in the rock and pop

Michael Jackson, whose sudden death shocked his millions of fans world wide was a unique artist who had spent most of his life in the rock and pop

Culture

Palestinian artists have a voice in Paris

The world of politics intertwines with the world of art at a new exhibition at the Arab World Institute in Paris. The title: Palestine : The

The world of politics intertwines with the world of art at a new exhibition at the Arab World Institute in Paris. The title: Palestine : The

News

Motown founder's tribute to Jackson

Motown Records founder Berry Gordy had this to say about the death of Michael Jackson: “I am somewhat numb. I am shocked at the passing of Michael

Motown Records founder Berry Gordy had this to say about the death of Michael Jackson: “I am somewhat numb. I am shocked at the passing of Michael

News

Michael Jackson dead at 50

The world of entertainment has lost one of its most loved and most controversial figures. Michael Jackson is dead. He was 50. He fell ill at his home

The world of entertainment has lost one of its most loved and most controversial figures. Michael Jackson is dead. He was 50. He fell ill at his home

News

All night Jackson vigil at New York's Apollo

At Harlem in New York – at the place where the Jackson Five began their road to stardom, fans gathered to mark the end for the group’s most famous

At Harlem in New York – at the place where the Jackson Five began their road to stardom, fans gathered to mark the end for the group’s most famous

News

Ahmadinejad demands apology from Obama

Mahmoud Ahmadinejad has demanded an apology from Barack Obama over the US leader’s criticism of Iran’s post-election crackdown. The Iranian

Mahmoud Ahmadinejad has demanded an apology from Barack Obama over the US leader’s criticism of Iran’s post-election crackdown. The Iranian