Norwegian daily newspaper Aftenposten says it has been able to access over 250,000 Wikileaks documents, including diplomatic cables. Ole Erik Almlid, Aftenposten news editor, said the paper has not paid to have access to the documents has gained complete and unconditional access to view them. He did not reveal the source, however. With the available [...]
Three of the four journalists were found guilty in using their positions to obtain shares in the initial public offering (IPO) of Indonesia’s state-owned steel company PT Krakatau Steel, local media reported. Press Council chair Bagir Manan on Wednesday made the announcement during a press conference, explaining that journalists from Kompas, Seputar Indonesia, and detik.com [...]
With the demand for analog wired sound declining by the day, Sony has decided to bid goodbye to its very popular and miraculously taken Walkman cassette players in Japan which were first introduced to woo one and all 30 years ago. The decline in demand has been largely in Japan which influenced the decision and [...]
The newly elected President of the European Economic and Social Committee (EESC), Staffan Nilsson, on Friday set three priorities during his inaugural speech: sustainable green growth, solidarity with the developing world and more civil society involvement at the European Union (EU) level, the EESC said. With “sustainability” threading Nilsson’s first speech, the EESC President underlined [...]
Toyota Motor Sales on Thursday announced that it will conduct a voluntary recall on approximately 1.5 million vehicles worldwide due to a problem with their brake fluid. The recall was issued on 740,000 vehicles in the U.S., 599,000 in Japan, around 140,000 in other regions of Asia and Australia, and around 50,000 in Europe. In [...]
It all began with certain layoffs after which the cutbacks in the programming followed and finally now the famous crystal cathedral which is has been annoyed persistently by its creditors has filed for the final bankruptcy of this glass megachurch located in Orange County. This decision was enacted upon by the church officials when the [...]
A Greek tanker carrying kerosene, which is use as aircraft fuel, on Tuesday collided with a Cypriot container off the Dutch coast, but initial reports say the spill is minimal, officials said. The Mindoro – Cardiff Marine’s Greek tanker – was left with a five-meter-long hole on its side, leaking kerosene into the sea around [...]
Spiralling Yen is finally combated by the Japanese authorities, as it finally depreciated to 85 yen against the dollar. Leading shares on the Japanese bourses rose by almost 3% in response to this positive move in the currency markets. This step came in the wake of the Japanese Central Bank’s move to sell yen and [...]
The business world is full of surprises – the good and the bads. Subhiksha, by filing a defamation suit against Wipro Chairman Azim Premji has proven it once again. Subhiksha is a Chennai based retailer, with outlets all over India. Its Managing Director Subramanian sensed problems when Wipro’s Chairman Azim Premji’s quote appeared in a [...]
Stewart Parnell, the executive of currently bankrupt Peanut Corporation of America, is back in business. The huge outcry over the Salmonella case lays forgotten which resulted in 9 deaths and many sick due to the filthy processing plants employed by the enterprise. Parnell is presently working in the capacity of a consultant to several peanut [...]
