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What Happened on 17 May 2012

China activist Chen Guangcheng's passport ready

Chinese dissident Chen Guangcheng says he and his family have completed passport applications, which should be ready within 15… Read More.

North Korea resumes work on light water reactor

North Korea has resumed work on a light water reactor that may be used to support its nuclear program, according… Read More.

Mladic trial enters second day

The war crimes trial of former Bosnian Serb army commander Ratko Mladic has entered its second day, with the prosecution… Read More.

French Connection issues profit warning

Fashion retailer French Connection has issued a profit warning as sales and revenues continue to drop. The company made a… Read More.

Aviva CEO search to take all year

The search for a new CEO will take the rest of the year, according to insurer Aviva. This comes as… Read More.

HSBC cuts $2 billion following turnaround plan

HSBC has cut costs by $2 billion after a year of a 3-year turnaround plan. Europe’s biggest bank is on… Read More.

Australia and New Zealand praise new rugby World Cup model

Australia and New Zealand, the world’s top two rugby nations, have hailed a new financial model for the World… Read More.

Shah Rukh Khan faces Mumbai stadium ban

Bollywood megastar Shah Rukh Khan could be banned from entering Mumbai’s Wankhede Stadium following reports he was involved in… Read More.

Google to make searches 'more human'

Google has revamped its search engine in a bid to offer instant answers to search queries. A new function, the… Read More.

Facebook to sell 25% more shares

Facebook has announced it will sell 25 percent more shares than first planned in its flotation due to strong demand.… Read More.

Will Smith and Emma Thompson come together for Annie film remake

Oscar-winning actress Emma Thompson has confirmed she is writing the script for a modern version of the musical Annie.… Read More.

Jennifer Lopez tops Forbes celebrity list

Jennifer Lopez has topped the annual Forbes list of the 100 most powerful celebrities in the world, beating fellow pop… Read More.