Archive for April 6th, 2008

Indian company buys London’s oldest stockbroker

Sunday, April 6th, 2008

Britain's oldest stockbroker was acquired by an Indian company in a 55 million pounds deal, according to the Times of India Sunday. Hichens Harrison, which has been trading for 205 years in London, was taken over on Friday by Religa ...

Microsoft sets three-week deadline for Yahoo buyout offer

Sunday, April 6th, 2008

Microsoft Corp. gave on Saturday Yahoo a three-week deadline for moving forward on its buyout offer. In a letter to the Yahoo Board of Directors, Microsoft CEO Steve Ballmer said that if the board does not respond by the deadline by ...

Asian countries looking for ways amid soaring rice prices

Sunday, April 6th, 2008

Philippine President Gloria Macapagal-Arroyo convened a food summit with top officials and farm experts on Friday, looking for ways to prevent the emerging rice crisis from severely affecting the world's biggest importer of rice. Th ...

Putin, Bush hold farewell talks in Russia

Sunday, April 6th, 2008

Russia's outgoing President Vladimir Putin and his United States counterpart George W. Bush kicked off their last official talks on Sunday in the capacity of presidents in the Black Sea resort of Sochi. The heads of states held talk ...

Montenegro holds first presidential election since independence

Sunday, April 6th, 2008

Montenegrins went to the polls on Sunday to vote in the first presidential election since the tiny Adriatic country declared independence from a union with Serbia two years ago. Polling stations opened at 8:00 a.m. (0600 GMT) for th ...

Taliban downplay NATO’s commitment towards Afghanistan

Sunday, April 6th, 2008

Taliban insurgents fighting Afghan and international troops based in Afghanistan on Sunday downplayed NATO's renewing pledge towards Afghanistan as merely moral boosting, the fundamental outfit said on Sunday in an audio cassette released t ...

98 corrupt cops caught and suspended in Delhi, India

Sunday, April 6th, 2008

Indian capital Delhi's Traffic Police suspended 98 policemen filmed on video accepting bribes from private bus operators Friday, local newspaper the Hindustan Times reported Sunday. The policemen were suspended after a vigilance dep ...

EU supports reform of IMF quota system

Sunday, April 6th, 2008

European Union (EU) finance ministers and central bank governors on Saturday pledged support for the reform of the International Monetary Fund (IMF) quota system, which will favor emerging economies. "The Slovenian EU presidency str ...