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News on 15-jun-2012
Patrick Ness' A Monster Calls bags double honors
Patrick Ness's novel A Monster Calls has won both the Carnegie Medal and its sister prize for illustration for the…Read More →
|Westlife's Shane Filan files for bankruptcy
Westlife singer Shane Filan has been declared bankrupt in the UK.
Although the Irish band has sold millions of records,…Read More →
Manchester United mulls over moving share sale to U.S.
Manchester United soccer club is considering moving its planned stock market flotation to the U.S. from Singapore.
United was previously…Read More →
|London Olympics to come in $740 million under budget
The London Olympics is set to come in under its $14.5 billion budget with $740 million of the contingency funding…Read More →
Foxconn worker commits suicide
Foxconn Technology, the main supplier of Apple, said a worker at a Chinese plant jumped from his apartment on Wednesday.…Read More →
|Nokia to cut another 10,000 jobs
Nokia is to shed another 10,000 jobs globally, bringing the total planned job cuts since Stephen Elop took over as…Read More →
Unilever to shed 800 UK jobs
Consumer goods giant Unilever is planning to cut 800 jobs across the UK.
The company has a total workforce of…Read More →
|Esprit shares plummet as chairman resigns
Shares of Esprit have dropped further after its chairman Hans Joachim Korber became the second senior executive to leave the…Read More →
|Allen Stanford jailed for 110 years
Former billionaire Allen Stanford has been sentenced to 110 years in prison for running a $7 billion Ponzi scheme in…Read More →
UN chief admits lack of resources in Kony hunt
African Union and U.S.-backed military forces hunting fugitive warlord Joseph Kony and his Lord's Resistance Army (LRA) lack the resources…Read More →
|Obama unveils U.S. -Africa strategy
The White House has announced a new U.S. strategy for sub-Saharan Africa, which will focus on the continent's economic potential.…Read More →
|Egypt's supreme court calls for parliament to be dissolved
Egypt's supreme court ruled on Thursday to dissolve the Islamist-led parliament, raising concerns over the country’s troubled transition to democracy.…Read More →