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What Happened on 08 May 2012

Greek centre-right leader's coalition bid fails

Greek centre-right leader Antonis Samaras’ bid to form a coalition government has failed. His New Democracy party, which backs tough… Read More.

Israel PM agrees on coalition deal

Israeli Prime Minister Benjamin Netanyahu has unexpectedly abandoned plans to hold an early general election after agreeing to form a… Read More.

CIA foils al-Qaeda "underwear bomb" plot

U.S. intelligence officials have foiled a plot to detonate a version of the failed 2009 “underwear bomb” by al-Qaeda in… Read More.

Boeing and Airbus hit by airline cancellations

Two of the world’s biggest plane makers have been hit by a total of 32 order cancellations so far this… Read More.

Aviva boss to step down

Insurance firm Aviva’s chief executive Andrew Moss will be leaving his post with immediate effect. This comes after the company… Read More.

HSBC set to announce quarterly profit of $6 billion

 HSBC is set to report a quarterly profit of nearly $6 billion on the back of a rebound in… Read More.

Haye and Chisora set for London bout

David Haye and Dereck Chisora are set to face each other in the ring at London’s Upton Park. The fight… Read More.

Turkish Football Federation clears clubs of match fixing

Turkey’s Football Federation has cleared the country’s top teams of match fixing after a long-running investigation. According to a statement… Read More.

U.S. jury finds Google breached Oracle's Java copyright

A U.S. jury has found Internet giant Google breached Oracle’s copyright on its Java programming language. Jurors however were unable… Read More.

Smartphones beat computers for U.S. Facebook time

The average time spent on Facebook via smartphone in the United States was 441 minutes in March, compared to 391… Read More.

Blur frontman labels London Olympics as "too corporate"

Blur frontman Damon Albarn has labelled the London Olympics as “too corporate”, citing an excess of sponsorship. The indie band… Read More.

No Doubt to release first album in a decade

California pop-rock band No Doubt are set to release their first album in more than decade on September 25. The… Read More.