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One trillion euro tax evasion to be tackled says Barroso
BRUSSELS - Voicing concern about tax evasion that is estimated at one trillion euros, European Commission President Jose-Manuel Barroso said Tuesday that EU leaders will meet at a one-day summit on Wednesday to negotiate solution. The European Union can't afford to let tax evasion go on the way it is. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial ...
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Overall economy likely to pick up in Q2 says German central bank
FRANKFURT - Germany's central bank Deutsche Bundesbank expects the country's economy to improve "markedly" in the second quarter relying on signals of pick up in industrial orders and likelihood of weather related downturn in construction sector no longer impacting investment sentiments a development that could boost the wider eurozone as it struggles to get out of recession. "Overall ...
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Pfizer discontinues NHL cancer drug development
NEW YORK - Pharma major Pfizer has discontinued the development of cancer candidate inotuzumab ozogamicin, which is part of a class of therapies called antibody-drug conjugates (ADCs), in the haematological cancer non-Hodgkin lymphoma after it failed to show benefit in overall survival during phase III trials. Pfizer has notified the study investigators and appropriate regulatory authorities ...
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GrubHub and Seamless to merge
WASHINGTON - GrubHub Inc. and Seamless North America LLC, two of the biggest online services for food-delivery in the U.S., have entered into a definitive agreement to combine their companies to take on rivals in the growing market for online meal orders. The merger will create a combined company well positioned to drive more orders to restaurants, deliver a better experience for hungry ...
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Housing market picking up in UK
LONDON - The UK housing market seems to be picking up with gross mortgage lending up 4.3 per cent in April over previous month to 12.1 billion pounds, the highest in over four years, according to the Council of Mortgage Lenders (CML). The mortgage lending was 21% higher than April 2012, but this data is skewed by the end of the stamp duty concession on 24 March, 2012. Under the stamp duty ...
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Movie Review
Murmur of the Heart (Le souffle au coeur) [DVD]
Writer/director Louis Malle once said, It is only when memory is filtered through imagination that the films we make will have real depth. With the possible exception of 1987s Au revoir les enfants, Murmur of the Heart, Malle's 1971 coming-of-age comedy/drama, ... ...
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Work starts on creation of new Dubai island
Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...
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Oz women cricketers Down Under on top of world after hefty pay-hike
Cricket Australia (CA) has announced that the country's top female cricketers will now earn up to 80,000 dollars within a year. The women team has won Women's World Cup and the T20 trophy, prompting CA to consider female cricket as professional, News.com.au reports. CA chief executive James Sutherland compared the women's cricket team to the men's cricket club, saying that the association ...
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Govt. determined to put effective financial regulatory system in place Chidambaram
Finance Minister P. Chidambaram on Wednesday said that making laws in the country is not an easy task, and added that this has become even more difficult due to the legitimization of obstructionism as a parliamentary tactic in the coalition era. Addressing a seminar on the 'Indian Financial Code' (IFC) which was framed by Financial Sector Legislative Reforms Commission (FSLRC) with a view to ...
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Trinindad Football hints at probe to uncover missing funds
The Trinidad and Tobago Football Federation (TTFF) has hinted that an investigation could be launched into unaccounted revenues generated by the federation from World Cup 2006. President of the TTFF Raymond Tim Kee announced Tuesday that a probe is being considered during a press conference at the Hasely Crawford Stadium, reports CMC. "From our understanding, TTFF is very much a part of ...
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U.S. to collaborate with India on developing global approach to combat terrorism
The United States has pledged to collaborate with India on developing a global approach to combat increasing terror threats. After the India-US Homeland Security Dialogue in Washington, a joint communique said the two countries have also agreed to enhance bilateral co-operation to combat terror financing and currency counterfeiting. Home Minister Sushil Kumar Shinde led a high-powered Indian ...
They Said It
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
The Hawaii Prince Hotel
I took a cab from downtown Waikiki to the Hawaii Prince Hotel. It was only a few minutes, and cost ...
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- ESPN layoffs 7000 workers as TV rights fees rise
- Microsoft launches all-in-one home entertainment system Xbox One
- Paulina Rubio to be judge on `X Factor
- Sharon Osbourne Re-Joins U.K. X Factor as Judge
- Ang Lee pulls out of television project Tyrant citing fatigue from four years working on Life of Pi
- EU leaders shine spotlight on Apple Amazon Google over tax policy
- Google tackled by Nick Clegg on tax avoidance at No10 meeting
- Googles Susan Wojcicki The Most Powerful Woman In Advertising
- Chinese rival bolsters search engine against Baidu with Alibaba partnership
- Googles conversational search arrives with new Chrome
- Pfizer discontinues NHL cancer drug development
- Researchers identify anti-cancer amino acid fragment
- Grapefruit nanoparticles can deliver anti-cancer drug Study
- Azad meets US Health Secretary Sebelius
- Michael Douglas fights back tears at Cannes
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