Fierce storms Hits Europe France killed 51

A violent late winter storm with fierce rain and hurricane-strength winds ripped across western Europe on Sunday, batteringFrance and four other countries, leaving at least 51 people dead. The storm, named Xynthia, was the worst in France since 1999 when 90 people died. Many of the 45 victims in France drowned, while others died when hit by parts of buildings or trees and branches that were ripped off by the wind. At least a dozen people... [more]

British banking faces major makeover

 Britain’s retail banking sector is in the midst of a major makeover as lenders post sharply-improved earnings, bosses relinquish bonuses and new players prepare to join a recovering market. Half-way into the earnings season, analysts are lauding a 114-percent jump in annual profits at Barclays and a narrowing of losses at state-contolled groups Royal Bank of Scotland (RBS) and Lloyds Banking Group (LBG). Following the encouraging... [more]

N.Korea may return to talks in March or April

 North Korea may return to nuclear disarmament talks in March or April, Yonhap news agency said Sunday, citing an unnamed senior South Korean government official. “We believe North Korea will come back to the six-party talks sooner or later, possibly in March or April, although we cannot predict the exact timing,” the official was quoted by Yonhap telling a group of South Korean journalists in Washington on Saturday. “Our... [more]

Today in History – 27th FEB.

Today is Saturday, Feb. 27, the 58th day of 2010. There are 307 days left in the year. Today’s Highlight in History: On Feb. 27, 1960, the U.S. Olympic hockey team defeated the Soviets, 3-2, at the Winter Games in Squaw Valley, Calif. (The U.S. team went on to win the gold medal.) On this date: In 1801, the District of Columbia was placed under the jurisdiction of Congress. In 1807, poet Henry Wadsworth Longfellow was born in Portland,... [more]

Google activated an online “person finder” tool for Chile victims

Google on Saturday quickly activated an online “person finder” tool to allow relatives and friends to find loved ones following the huge earthquake in Chile. The “Person Finder: Chile Earthquake” from the California-based Internet giant is located at Chilepersonfinder.appspot.com and offers users the choice of using it in English and Spanish. It asks users “What is your situation?” and gives them the choice... [more]

Googles Nexus One smartphone is set for UK in April

Googles much-hyped Nexus One smartphone is set for UK launch in April, according to a new report in The Daily Telegraph, with the web giant no doubt hoping the device will make a bigger splash than it did on its US launch. At present UK consumers can purchase an unlocked version of the phone from Googles website, although Google has been in discussions with network operator Vodafone for some time now about providing the device on contract... [more]

Electronics giants accused of price fixing

Electronics giants LG, Sony, Samsung, Toshiba and Hitachi, along with several of their subsidiaries, have been accused of price fixing in the US optical disc drive space. According to a filing with the California Northern Federal District Court, consumer electronics store Prisco Electronic company alleges the firms colluded to “fix, raise, maintain and stabilise the price of Optical Disk Drive Products sold in the United States “. “These... [more]

Berlusconi corruption trial adjourned

JUDGES have adjourned until March 26 the trial that will see Italian Prime Minister Silvio Berlusconi accused of corrupting his former tax lawyer. Mr Berlusconi, who did not attend the hearing, is on trial for allegedly paying $US600,000 ($675,371) to British tax lawyer David Mills in exchange for false testimony during two trials in the mid-1990s. Mr Mills’ parallel trial for the same crime was thrown out by Italy’s appeals... [more]

Toyota accused of withholding information

A senior US congressman has accused Toyota of withholding documents it should have disclosed in lawsuits filed by crash victims. Democratic Representative Edolphus Towns, the chairman of a House committee that questioned Toyota executives this week about the carmaker’s recall, said that Toyota’s actions amounted to “a systematic disregard for the law”. Toyota has denied the charge. The world’s biggest car manufacturer... [more]

Twitter and Facebook for US troops

US troops are going to be allowed to use social networks such as Twitter and Facebook after a Pentagon review found that the benefits of social media outweigh security concerns. The decision, which comes at a time of growing concern over cyber-security, applies only to the US military’s non-classified network. But it could mean big changes for large portions of the US armed forces, including the Marines, which had selectively banned... [more]

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