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What Happened on 07 May 2012

Israeli PM calls for early general elections

Israeli Prime Minister Benjamin Netanyahu has called for an early general election in four months’ time. The elections are due… Read More.

Greek coalition loses majority

Greece’s two main parties have lost their parliamentary majority in elections on Sunday. Pasok and New Democracy (ND), which back… Read More.

Francois Hollande wins French presidential elections

Francois Hollande has been elected as France’s new president. The Socialist received 52 percent of the votes in Sunday’s runoff… Read More.

British payday loan group to lend to small businesses

British online payday loans provider Wonga.com has launched a credit service for small businesses. The move comes in a bid… Read More.

Roche ends heart drug trial

Swiss drugmaker Roche has called an end to efforts to develop a heart disease drug on the back of poor… Read More.

Rosneft and Statoil sign Arctic exploration deal

Russian oil giant Rosneft and Norway’s Statoil have signed a deal to explore the sea around the Arctic. This is… Read More.

Euro depreciates on French and Greek elections

The euro has depreciated against the dollar and the pound following weekend elections in France and Greece. Two parties in… Read More.

David Beckham tops UK and Irish sport list

Soccer player David Beckham has topped a list of the richest athletes in the UK and Ireland. The 37-year-old… Read More.

British tabloid smuggles fake bomb into London Games venue

A British tabloid has disclosed it smuggled a fake bomb past two security checkpoints into the London complex housing the… Read More.

LG Electronics to launch Google TV in May in U.S.

LG Electronics is set to launch Internet-enabled TV based on Google’s platform in the United States in May. The move… Read More.

Madonna pays tribute to Beastie Boy Adam Yauch

Madonna has paid tribute to Adam Yauch, the Beasties Boys rapper who lost his three-year battle against cancer at the… Read More.

The Avengers break U.S. box office records

The Avengers superhero movie has broken U.S. box office records for the biggest opening weekend, taking in $200 million. The… Read More.