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What Happened on 15 June 2012

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.

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.

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.

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.