Eurozone looks to stamp out ‘scandalous’ golden handshakes
BRUSSELS, May 13, 2008 (AFP) - Eurozone finance ministers are considering ways of discouraging "scandalous" excesses in executive pay, including by closing …
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Markets have become a ‘monster,’ German president says
BERLIN, May 14, 2008 (AFP) - German President and former IMF head Horst Koehler attacked banks for allowing financial markets to become a "monster" that nearly …
Costly Ruling
May 14, 2008 (LBO) - Sri Lanka's five-star city hotel Galadari Hotels said Wednesday it had been ordered to pay 101 million rupees in an arbitration hearing …
France offers to help India modernise railways including fast trains
MUMBAI, May 13, 2008 (AFP) - France will sign an agreement with India to help modernise its massive railway system with a focus on safety, training and …
World rice production to hit new record in 2008 : FAO
ROME, May 12, 2008 (AFP) - Rice production in Asia, Africa and Latin America is forecast to reach a new record level in 2008, but world rice prices could …
Sri Lanka Fonterra unit to double yoghurt production
May 13, 2008 (LBO) – Fonterra Brands Lanka is investing 1.2 billion rupees to double yoghurt output and boost local raw milk supplies to cushion against …
Australia boosts skilled migration numbers in budget
SYDNEY, May 13, 2008 (AFP) - Australia will boost its skilled migrant intake 30 percent to record levels in a bid to overcome a shortage of skilled workers, …
China quake buries at least 10,000 people in one city: Xinhua
DUJIANGYAN, China, May 13, 2008 (AFP) - At least 10,000 people remained buried Tuesday in a single city in China's Sichuan province following a massive …
Dollar nudges higher ahead of Bernanke speech
TOKYO, May 13, 2008 (AFP) - The dollar was slightly firmer in Asian trade on Tuesday as the market waited for a speech by Federal Reserve chief Ben Bernanke …
Sri Lanka Pelwatte Sugar losses mount
May 12, 2008 (LBO) – Pelwatte Sugar Industries said its March quarter net loss increased 57 percent pushing annual losses to more than half-a-billion …
Myanmar needs more aid for urgent needs: relief groups
YANGON, May 12, 2008 (AFP) - Aid groups said Sunday that supplies trickling into cyclone-hit Myanmar were far less than was needed, as the faltering relief …
China inflation at 8.5 percent in April: govt
BEIJING, May 12, 2008 (AFP) - China's inflation rate hit 8. buy rybelsus online …
Thousands killed in powerful China quake
BEIJING, May 12, 2008 (AFP) - A massive earthquake rocked southwest China on Monday killing thousands of people and flattening schools and homes in a powerful …
Polish woman who saved 2,500 Jewish children dies
WARSAW, May 12, 2008 (AFP) - Irena Sendler, a Polish woman who saved 2,500 Jewish children from the Warsaw Ghetto during the Nazi occupation in World War II, …
Renault-Nissan, Bajaj announce cheap car project
PARIS, May 12, 2008 (AFP) - Renault-Nissan and the Indian group Bajaj announced a joint venture Monday to produce a 2,500-dollar (1,600-euro) car, with sales …
Genetically modified crops get mixed response in Asia
MANILA, May 11, 2008 (AFP) - With food prices hitting record highs the jury is still out in Asia as to whether genetically modified crops hold the key to …
Oil powered Norway gradually turns into the wind
UTSIRA, Norway, May 11, 2008 (AFP) - As Norway prepares for a future after oil, the gale-force potential of harvesting wind power off its long coastline has …
Microsoft appeals against record EU anti-trust fine
BRUSSELS, May 9, 2008 (AFP) - Microsoft on Friday lodged an appeal at a European court against a record 899 million euro (1. online pharmacy buy diflucan with …
Sierra Leone seizes container of banned toxic Chinese toothpaste
FREETOWN, May 9, 2008 (AFP) - Health authorities in Sierra Leone on Friday seized a container filled with banned toothpaste from China, which contained high …
Wrong response aggravates Asia food crisis: ADB report
MANILA, May 9, 2008 (AFP) - Asia's response to tightening global grain supplies has aggravated food price inflation and uncertainty, according to an Asian …