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What Happened on 05 May 2012

U.S. expects dissident Chen Guangcheng to leave China

The United States says it expects Chinese dissident Chen Guangcheng to leave the country soon. Chen has been offered a… Read More.

New rape claim in Strauss-Kahn inquiry

Magistrates in France have requested for a new investigation into alleged rape involving Dominique Strauss-Kahn, the former International Monetary Fund… Read More.

Rising fuel costs lead to Air France-KLM losses

 Air France-KLM has reported a loss for the first quarter of this year on the back of escalating fuel… Read More.

United States job growth slows in April

 The American economy created 115,000 jobs in April, down from the previous month. The unemployment rate however fell to… Read More.

Chelsea seek to convert power station into stadium

Chelsea have bid to buy a southwest London power station in order to redevelop it into a 60,000 capacity stadium.… Read More.

Third Point demand Yahoo CEO be fired by Monday

Activist hedge fund investor Third Point have demanded Yahoo fire its chief executive, Scott Thompson, by Monday for padding his… Read More.

Beastie Boys star Adam Yauch passes away aged 47

Beastie Boys rapper Adam Yauch has passed away at the age of 47. The musician, actor and Tibet activist was… Read More.