BREAKING NEWS

2012-10-15

News

Portugal finance minister unveils "enormous" tax hikes in 2013 budget

Portugal is facing “enormous” tax increases next year, according to Finance Minister Vitor Gaspar as he unveiled the harshest austerity budget seen

Portugal is facing “enormous” tax increases next year, according to Finance Minister Vitor Gaspar as he unveiled the harshest austerity budget seen

News

Antonio Tajani on SMEs, strategy and new economy

Serge Rombi: “Hello and welcome. We’re with Antonio Tajani, a vice-president of the European Commission and Commissioner for Industry and

Serge Rombi: “Hello and welcome. We’re with Antonio Tajani, a vice-president of the European Commission and Commissioner for Industry and

News

Pakistani schoolgirl shot by Taliban arrives in UK for treatment

Malala Yousufzai has arrived in the UK for treatment at a hospital in Birmingham that specialises in complex tauma cases. Doctors say she has a good

Malala Yousufzai has arrived in the UK for treatment at a hospital in Birmingham that specialises in complex tauma cases. Doctors say she has a good

News

United Russia wins elections amid cries of foul play

Turnout has reportedly been low in the Russian local and regional elections, but that has not stopped President Vladimir Putin’s United Russia party

Turnout has reportedly been low in the Russian local and regional elections, but that has not stopped President Vladimir Putin’s United Russia party

Business

SFR looks set for Numericable merger

Is French media and telecoms conglomerate Vivendi going to merge its mobile phone operator SFR with cable company Numericable? The rumour boosted

Is French media and telecoms conglomerate Vivendi going to merge its mobile phone operator SFR with cable company Numericable? The rumour boosted

Business

Panama wants the euro as legal tender

Panama, one of the fastest growing economies in Latin America, wants to adopt the euro as legal tender to run alongside the country’s US dollar

Panama, one of the fastest growing economies in Latin America, wants to adopt the euro as legal tender to run alongside the country’s US dollar

News

Agreement puts Scotland independence referendum in 2014

Scotland will vote on the issue of independence in 2014. British Prime Minister David Cameron and Scottish First Minister Alex Salmond came to an

Scotland will vote on the issue of independence in 2014. British Prime Minister David Cameron and Scottish First Minister Alex Salmond came to an

News

Nobel Prize: US economists Roth and Shapley share honours

The Nobel Prize for Economics has been jointly awarded to US scholars Alvin Roth and Lloyd Shapley. Their work, which was conducted independently

The Nobel Prize for Economics has been jointly awarded to US scholars Alvin Roth and Lloyd Shapley. Their work, which was conducted independently

News

Could Bart's breakthrough lead to Belgium break-up

The big local election gains of the Flemish nationalist party on Sunday has once again raised the spectre of a break-up of Belgium. Addressing

The big local election gains of the Flemish nationalist party on Sunday has once again raised the spectre of a break-up of Belgium. Addressing

News

First female leader for African Union

The African Union has appointed its first chairwoman, South Africa’s former home affairs minister Nkosazana Dlamini-Zuma, the former wife of

The African Union has appointed its first chairwoman, South Africa’s former home affairs minister Nkosazana Dlamini-Zuma, the former wife of

News

Bulgaria claims Europe's oldest town

Archaeologists in Bulgaria have uncovered the remains of a town in the north-eastern Varna region that they believe makes it the oldest in

Archaeologists in Bulgaria have uncovered the remains of a town in the north-eastern Varna region that they believe makes it the oldest in

News

Another German minister accused of plagiarism

Germany’s Angela Merkel is decidedly unlucky when it comes to picking cabinet ministers, as yet another is facing charges of plagiarism for her 1980

Germany’s Angela Merkel is decidedly unlucky when it comes to picking cabinet ministers, as yet another is facing charges of plagiarism for her 1980

Business

Citibank sees earnings drop

New York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business

New York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business

Business

US retail boost for Obama ahead of TV debate

The US economy is showing signs of recovery as retail sales rose reflecting stronger than expected economic growth in the third quarter. Purchases

The US economy is showing signs of recovery as retail sales rose reflecting stronger than expected economic growth in the third quarter. Purchases

Science_technology

Satellite snaps stunning shots

The second Pléiades satellite is being put through its paces in France and will be sent into space in December. Together with the first, it is

The second Pléiades satellite is being put through its paces in France and will be sent into space in December. Together with the first, it is

Culture

Indian political thriller premieres in London

The Indian political thriller Chakravyuh, meaning labyrinth, about the Naxalite movement, has had its world premiere at the London Film Festival.

The Indian political thriller Chakravyuh, meaning labyrinth, about the Naxalite movement, has had its world premiere at the London Film Festival.

Culture

Spiegelman's Holocaust cartoons on show in Cologne

The work of the American cartoonist Art Spiegelman – best known for Maus, his powerful graphic novel on the Holocaust – is being celebrated with a

The work of the American cartoonist Art Spiegelman – best known for Maus, his powerful graphic novel on the Holocaust – is being celebrated with a

News

EU announces tougher sanctions on Iran

The European Union has agreed to impose new measures against Iran over its nuclear programme. In June, Tehran refused to abandon work on enriching

The European Union has agreed to impose new measures against Iran over its nuclear programme. In June, Tehran refused to abandon work on enriching

News

Vote raises prospect of Belgian break-up

‘What future for Belgium?’ is the country’s burning question after the Flemish nationalists’ success in Sunday’s local elections. Bart de Wever’s

‘What future for Belgium?’ is the country’s burning question after the Flemish nationalists’ success in Sunday’s local elections. Bart de Wever’s

Business

Inheriting a business: how to make it a success

Every year in Europe, 600,000 jobs are lost simply because entrepreneurs don’t prepare their company’s transition properly.   Making sure company

Every year in Europe, 600,000 jobs are lost simply because entrepreneurs don’t prepare their company’s transition properly.   Making sure company

Culture

Chatting with Climate-KIC students 

In the latest episode of Generation Y, we saw how business and environment can go hand in hand.   This was the theme of our virtual panel held on

In the latest episode of Generation Y, we saw how business and environment can go hand in hand.   This was the theme of our virtual panel held on

News

Schettino at preliminary Costa Concordia hearing

Captain of the capsized Costa Concordia Francesco Schettino has attended pre-trial hearings regarding the accident that killed 32 people in January

Captain of the capsized Costa Concordia Francesco Schettino has attended pre-trial hearings regarding the accident that killed 32 people in January

Business

Mobiles mergers and buyouts

Vivendi is in talks over a multibillion-euro merger of its huge SFR telecoms unit with Numericable, a move that will see France’s second-largest

Vivendi is in talks over a multibillion-euro merger of its huge SFR telecoms unit with Numericable, a move that will see France’s second-largest

Business

Italy fears Spanish bailout will hurt Rome

Italy claims that a 100 billion euro aid request from Spain would shave 1.5 per cent off Italy’s economic output, according to Rome’s finance

Italy claims that a 100 billion euro aid request from Spain would shave 1.5 per cent off Italy’s economic output, according to Rome’s finance

News

Nobel Prize in Economics awarded to Alvin Roth and Lloyd Shapley

US scholars Roth and Shapley have won the presigious award for pioneering research on the effect of stability on the performance of markets. Their

US scholars Roth and Shapley have won the presigious award for pioneering research on the effect of stability on the performance of markets. Their

Nocomment

Hong Kong soapbox race

Thousands of spectators lined up to witness Hong Kong take the crown in the city’s first Red Bull Soapbox Race on Sunday (Oct 14). The teams were

Thousands of spectators lined up to witness Hong Kong take the crown in the city’s first Red Bull Soapbox Race on Sunday (Oct 14). The teams were

Nocomment

Skydiver Baumgartner makes history

Austrian Felix Baumgartner hit Mach 1.24, or 833.9 mph (1,342 kph) on Sunday, according to preliminary data, and became the first man to reach

Austrian Felix Baumgartner hit Mach 1.24, or 833.9 mph (1,342 kph) on Sunday, according to preliminary data, and became the first man to reach

News

Cambodia's former King Norodom Sihanouk dies

Norodom Sihanouk, who was 89, has died in a Beijing hospital. Cambodia’s Prime Minister and the current king, Sihanouk’s son, travelled to China to

Norodom Sihanouk, who was 89, has died in a Beijing hospital. Cambodia’s Prime Minister and the current king, Sihanouk’s son, travelled to China to

News

Americans Roth and Shaply win Nobel prize for economics

U.S. economists Alvin Roth and Lloyd Shapley won the 2012 economics Nobel prize on Monday for research on how to match different economic agents such

U.S. economists Alvin Roth and Lloyd Shapley won the 2012 economics Nobel prize on Monday for research on how to match different economic agents such