WASHINGTON - A U.S. appeals court has upheld a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Indian state-owned carrier Air India in a legal challenge brought by Delta Air Lines to the loan guarantee. The court has however directed the government-run bank to better explain its rationale for providing loan guarantee, which Delta claimed as a ...
LONDON - Internet giant Google said it is spending $5 million to wipe images of child abuse off the Internet and another $2 million to create tools to find the images and eradicate them. "We're in the business of making information widely available, but there's certain 'information' that should never be created or found," wrote Jacqueline Fuller, director of Google Giving, in a blog post. ...
DURBAN / LONDON - South Africa's biggest generic drug maker Aspen Pharmacare and its subsidiary Aspen Global Incorporated have made an offer to acquire thrombosis drugs and their associated manufacturing site at Notre Dame de Bondeville, France, from GlaxoSmithKline (GSK). "AGI will acquire from GSK the Arixtra and Fraxiparine/Fraxodi brands and business worldwide, except in China, Pakistan ...
BEIJING - China, the world's biggest carbon emitter, is set to launch Tuesday its first carbon trading scheme as a pilot project in the southern city of Shenzhen as part of efforts to cut emissions in its key cities. Carbon emissions trading schemes are meant to encourage companies to reduce their carbon dioxide emissions by setting a limit or a cap, on the level of emission that can be ...
LONDON - The consumer price index (CPI) inflation increased to 2.7% in May, up from 2.4% in April, mainly due to higher fuel costs pushing up transportation costs particularly airfares, the Office for National Statistics (ONS) said Tuesday. The ONS said the rise was due to a record increase in airfares and higher fuel prices. "The inflation rate has returned to the levels seen between ...
Winds: From the NE at 5.0 MPH Gusting to 8.0 MPH
In Jeff Nicholss Take Shelter, Michael Shannon gives the performance of the year as Curtis, a blue-collar Midwestern family man whose increasingly intense nightmares about an approaching storm begin to haunt his waking hours and compel him to construct and stock an elaborate stor ... ...
The operator of the San Onofre Nuclear Generating Station is likely to scale back a robust slate of earthquake studies as it moves forward with retiring the coastal power ...
San Diego is home to some wonderful examples of public art. Above, "Magic Carpet Ride" by artist Matthew Antichevich goes through odd transformations, as you'll see in the next slide.Did we forget your ...
The bosses of Lloyds Banking Group have denied that they were told by politicians to favour the sale of more than 600 branches to the Co-op over rival ...
Today's parliamentary report on the flaws and failure of banking and banking regulation is nearly 600 pages long and the product of months of work, but it needs to be read in the light of one big fact. At the height of the banking crisis, every man, woman and child in Britain stuck 19,271 each behind the banking sector. According ...
Andrew Tyrie, a former adviser to Conservative chancellors Nigel Lawson and John Major, joined parliament in 1997. Photograph: Kirsty ...
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Iran's president-elect was speaking after his historic election victory.
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The taxi drove through the center of the building to an arrival station for the Crowne Plaza which is a ...Keep reading
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Spanish cyclist Joaquin 'Purito' Rodriguez believes that he is one of the main contenders to win the Tour de France beginning at the end of June.
The 34-year-old Spaniard has managed podium finishes in the Giro de Italia and Vuelta de Espana races, to highlight his credentials and the fact that he has evolved from a rider who would always be a threat in one day races as a result of his ability to produce a punchy uphill sprint, into a rider capable of competing over three long weeks in the saddle, Xinhua reports.
Now he feels he is prepared to lead the Katusha team in this year's Tour.
"My preparation has gone very well and I am happy with my results," he said in interview with sports paper 'Diario AS'.
"I have got more points from my races than at the same sage last year and the fact I didn't ride this year's Giro, when I was leader last year, means people have not talked so much about me, but my results have been good."
Rodriguez earned his nickname 'Purito', which literally means, 'Little Cigar' as a result of his being so thin. That has helped him to become an aggressive punchy climber, but Rodriguez doesn't believe it is in the mountains where this year's Tour will be won and lost. ...
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