Month: November 2011

November 23, 2011

Merck & Co agrees $1bn Vioxx settlement in US

US drugs firm Merck & Co has agreed to pay almost $1bn (£640m) to settle criminal and civil…

November 23, 2011

IMF broadens lending power

The International Monetary Fund approved a number of changes to streamline its emergency lending process and deal with the European debt crisis. The goal: allow the IMF to provide cash in tough times, especially to otherwise healthy countries…

November 23, 2011

Stocks slip on worries over growth and Europe

Stocks ended in the red Tuesday, amid worries about U.S. economic growth. But losses were trimmed after the International Monetary Fund unveiled an enhanced lending program to help countries struggling with short-term liquidity problems from…

November 23, 2011

Fed orders stress tests for America’s biggest banks

The Federal Reserve wants to know: could America's largest banks endure another shock like the one in 2008? After the markets closed on Tuesday, the central bank ordered the top 31 U.S. banks, with assets of $50 billion or more, to participate in…

November 23, 2011

Egypt unrest: Cairo protests continue despite military concessions

Thousands of Egyptians have continued to occupy Cairo's Tahrir Square despite an offer…

November 23, 2011

Republicans 2012: National security focus at debate

The eight Republican presidential hopefuls have traded blows on national security at a wide-ranging debate in Washington DC. Before an audience of foreign policy experts, candidates were probed on domestic and foreign issues including defence cuts,…

November 23, 2011

International Emmys dominated by UK television shows

British TV productions have won five awards at the International Emmys in the US,…

November 23, 2011

US seeks top dancehall artiste labelled as ‘Dudus’ associate

Another high-ranking Jamaican dancehall star has found himself in trouble with the law. This time, it is a well-known and popular singjay law enforcement officers have labelled an associate of former west Kingston strongman Christopher 'Dudus'…

November 23, 2011

J-Hud: Choice to Visit Fiance Saved Her from Family Murders

Jennifer Hudson has revealed that going to see her fiance in a wrestling match may have saved her life and kept her out of the house on the day her family was murdered in Chicago. The Oscar-winner was in Florida with David Otunga on Oct. 24, 2008,…

November 23, 2011

More Rappers Join Class Action Lawsuit Against CBS and CNET Over Illegal File Trading Services

Singers, songwriters and performing artists alike are collaborating with Internet media mogul Alki David to file a massive copyright infringement lawsuit, claiming CBS subsidiaries CNET and CBS Interactive possibly earned billions by distributing…