Month: May 2011

May 14, 2011

Libya: White House dashes rebel hopes of recognition

The US has stopped short of recognising Libya's National Transitional Council as the country's legitimate government. The statement comes after the first visit to the White House by a senior member of the rebel council, which is pushing for…

May 14, 2011

Eurozone’s economic growth accelerates

The economy of the 17 countries that use the euro grew by 0.8% in the first three…

May 14, 2011

Japan’s government approves Tepco compensation scheme

Japan's government has approved a plan to help Tokyo Electric Power (Tepco) compensate victims of the crisis at its tsunami-crippled nuclear plant. Payouts are expected to run into the tens of billions of dollars over the Fukushima nuclear plant…

May 14, 2011

Pfizer sets aside $772m for drug illness claims

The drugs giant Pfizer has put aside $772m (£476m) to resolve claims its hormone replacement drugs cause serious illness. Pfizer, which is the world's largest drugmaker, said the money provides "the minimum expected costs to resolve all of the…

May 14, 2011

Inflation in US food and fuel prices slows

Inflation in the US slowed in April, mainly due to smaller price rises in fuel and food. Consumer prices rose 0.4% in April, having risen 0.5% in March, according to figures from the Labor Department. Petrol prices rose 3.3%, down from March's 5.6%…

May 14, 2011

Lil Wayne To Be ‘Unplugged’ On MTV This June

Rapper Lil Wayne will be the latest artist to be featured on MTV's Grammy/Emmy Award winning music series…

May 14, 2011

TOK, Octane lash out at Kartel

Artistes are now fuming following a Blackberry broadcast message sent out by deejay Vybz Kartel yesterday where he called the names of artistes who he believed also wore hair extensions. After he had tongues wagging with his new hairstyle and…

May 14, 2011

Lindsay Lohan sentenced to jail

Lindsay Lohan has been sentenced to four months in jail over the theft of a gold necklace…

May 14, 2011

Venus withdraws from French Open

Venus Williams pulled out of the French Open on Friday, 24 hours after her younger…

May 14, 2011

Grizzlies push Thunder back to OKC for Game 7

Zach Randolph is doing everything he can to keep the Memphis Grizzlies ' memorable playoff run going as long as possible. Randolph had 30 points and 13 rebounds, and the Grizzlies avoided elimination by beating the…