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Greece passes austerity budget, awaits debt inspectors’ report
13 Nov 2012 5:41 AM ISTGreek lawmakers approved the country’s 2013 austerity budget early on Monday, an essential step in Greece’s efforts to persuade its international...
China fund buys stake in UK airport
2 Nov 2012 7:24 AM ISTThe Chinese government’s main sovereign wealth fund has said it has bought a 10 percent stake in the operator of London’s Heathrow Airport, expanding...
Sandy alert: NYSE suspends trading
30 Oct 2012 2:52 PM ISTFor the first time since the 11 September terror attacks, the New York Stock Exchange (NYSE) and Nasdaq suspended all trading on Monday as the US...
US sales to offset China deficit: Toyota
30 Oct 2012 7:06 AM ISTToyota is shrugging off a sales plunge in China set off by a territorial dispute and says it is headed to a record year on the back of strong growth...
Chinese siphoned $600 bn out of country last year
27 Oct 2012 6:58 AM ISTChinese investors evaded government controls to move than $600 billion out of the country last year and the outflow is increasing, fueling economic...
UK mass attack plotters’ intentions more deadly
27 Oct 2012 5:58 AM ISTProsecutors say three British Muslim men accused of plotting a mass casualty attack were recorded discussing how to make bombs more deadly and...
Pilgrims pray for Arab states as hajj rituals peak
27 Oct 2012 5:18 AM ISTVast crowds of Muslim pilgrims flocked to Mount Arafat on Thursday to perform the main hajj rites, with those from Arab Spring states praying...
Cruise files suit against magazine
27 Oct 2012 4:32 AM ISTAn attorney for Tom Cruise says he has filed a USD 50 million defamation lawsuit against the publishers of Life & Style magazine for articles that...
Indian loses bid to Japanese for Brazilian woman’s virginity
26 Oct 2012 8:03 AM ISTA Japanese man fended off strong competition from an Indian to secure a date with a 20-year-old Brazilian student, who sold her virginity for a USD...
Chinese police offer cash for tips on immolators
26 Oct 2012 8:01 AM ISTPolice in a heavily Tibetan region of far west China are offering tipsters a reward of USD 7,700 for information about planned self-immolations in a...
Punjabi, Bengali languages growing in Canada
26 Oct 2012 8:00 AM ISTOne-fifth of Canada’s population speak a language other than the country’s two official languages - English or French - at home, with Punjabi, Hindi...
Browser row: EU complains against MS
25 Oct 2012 6:25 AM ISTThe European Union’s executive arm formally accused Microsoft of failing to comply with a binding agreement to give customers a choice among Internet...