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News on 09-Aug-2012
Egypt's Mursi fires officials after Sinai attacks
Egyptian President Mohammed Mursi has dismissed the country's intelligence chief and the governor of North Sinai province.
The decision comes…Read More →
|Libya's NTC hands power to newly elected assembly
Libya's interim National Transitional Council (NTC) has handed power to a newly elected assembly, nearly a year after the ousting…Read More →
|South African jailed in Anni Dewani honeymoon murder
A South African man has been sentenced to 25 years in prison for the murder of Swedish woman Anni Dewani…Read More →
Standard Chartered rejects Iran allegations
The chief executive of Standard Chartered has said it "fundamentally rejects" accusations that it laundered as much as $250 billion…Read More →
|News Corp posts $1.6 billion Q4 loss
Rupert Murdoch's News Corp has reported a fourth quarter loss of $1.6 billion.
The net loss compares with a net…Read More →
|McDonald's reports worst same-store sales in 9 years
McDonald's has reported flat sales in July across its global established restaurants, its worst performance in more than nine years.…Read More →
Starbucks to use Square for payments
Starbucks has signed a deal to use Square Inc to process payments at its U.S. coffee shops.
The announcement comes…Read More →
|Samsung to investigate child labor allegations
Samsung Electronics is to launch a probe into allegations that one of its suppliers hires child workers.
New York-based campaign…Read More →
Nairobi to bid for 2024 Olympics
The Kenyan capital Nairobi is planning to bid for the 2024 Olympics and become the first African city to host…Read More →
|Ex-GM exec failed to disclose soccer deal's full costs, sources
General Motors fired its global marketing chief last week for failing to fully disclose that as much as a third…Read More →
Rapper Rick Ross claims 4th No. 1 album on Billboard chart
Rapper Rick Ross has scored his fourth No. 1 album on the Billboard 200 chart, as his solo album God…Read More →
|Rap reggae pioneer Ranking Trevor killed in Jamaica
Ranking Trevor, one of the most prominent figures of 1970s rap reggae music, has died in a traffic accident in…Read More →