What Happened on 22 August 2012

Russia warns West over Syria following Obama threats

Russia has warned the West against unilateral action on Syria, a day after U.S. President Barack Obama threatened "enormous consequences"… Read More.

Embassy entry would be "diplomatic 'suicide" for UK, says Ecuador president

Ecuadorean President Rafael Correa has said the UK would be committing diplomatic suicide if it tried to enter his country's… Read More.

Ethiopian PM Meles Zenawi dies

Ethiopian Prime Minister Meles Zenawi has died after a long illness at the age of 57. Denounced in his country… Read More.

UBS hires Rothschild's Grafstein as co-head of Americas M&A

UBS AG has hired senior investment banker Laurence Grafstein from Rothschild to head its mergers and acquisitions team in the… Read More.

Indian parliament adjourned over $33 billion coal scandal

India's parliament was adjourned on Tuesday after opposition MPs called on Prime Minister Manmohan Singh to step down following a… Read More.

Greek austerity bill rises to $16.8 billion for next two years

Greece must boost its savings by nearly $2.5 billion over the next two years in order to meet targets under… Read More.

Adebayor completes transfer to Spurs from Manchester City

Tottenham Hotspur have completed the transfer of striker Emmanuel Adebayor from Premier League soccer club Manchester City. The Togo international… Read More.

George Soros invests in Manchester United

Billionaire investor George Soros has bought a stake in Manchester United soccer club, according to a U.S. regulatory filing. Soros'… Read More.

Best Buy reports drop in profit

Struggling U.S. electronics chain Best Buy has reported a drastic fall in profits. Net profits plummeted to $12 million on… Read More.

Dell braces itself for tough Q3

Personal computer maker Dell expects third-quarter revenue to drop to 2 percent compared to 5 percent in the second quarter… Read More.

Dick Van Dyke to be honored with SAG career award

Veteran entertainer Dick Van Dyke is to receive a life achievement award at the Screen Actors Guild (SAG) Awards next… Read More.

Michael J. Fox to star in TV comedy

Actor Michael J. Fox is set to star in a new TV comedy loosely based on his own life suffering… Read More.