January 12, 2012
Scammers, drug lords lose big bucks in Jamaica
Just under $1 billion in cash and other assets were confiscated primarily from drug dealers and persons involved in the lottery scam last year, the Financial Investigations Division (FID) of the Ministry of Finance has revealed. Statistics…
January 12, 2012
REDjet defends flight cancellations
Low-fares airline REDjet will introduce three new routes this year, while cancelling more than 50 – a move Chief Executive Ian Burns said is not due to financial troubles. Flights to Trinidad, Guyana, Jamaica and Barbados are among the 54 that…
January 12, 2012
Bryant scores 40 points, Lakers beat Jazz in OT
Andrew Bynum wasn't on the court the first time the Los Angeles Lakers faced the Utah Jazz . He made his presence felt Wednesday night, with five blocked shots, including a game-saver on…
January 12, 2012
Australian Open 2012: Ward, Robson & Broady win in qualifying
Britain's James Ward, Laura Robson and Naomi Broady won their opening matches in qualifying for the Australian Open in Melbourne. Ward resumed a set down against Spain's Inigo Cervantes-Huegun after rain stopped play on Wednesday, and fought back…
January 12, 2012
Nathan Robertson & Jenny Wallwork beaten at Malaysian Open
British duo Nathan Robertson and Jenny Wallwork lost to Indonesia's Danny Bawa Chrisnanta and Yu Yan Vanessa Yeo in round two of the Malaysian Open. The British pair had beaten compatriots Chris Adcock and Imogen Bankier in round one on Wednesday…
January 12, 2012
Energy costs push German inflation rate up to 2.3%
Rising energy prices pushed German inflation up to 2.3% in 2011, according to official figures from Destatis. The inflation rate compares with 1.1% in 2010 and 0.4% in 2009. It was the highest annual figure since 2008, when inflation was 2.6%. It…
January 12, 2012
China inflation rate little changed at 4.1% in December
China's rate of inflation was little changed in December, despite government efforts to rein in prices. Consumer prices rose 4.1% from the same month last year, the National Bureau of Statistics said. That is down from 4.2% in November. For the…
January 12, 2012
RBS to cut 3,500 jobs in investment bank shake-up
The Royal Bank of Scotland (RBS) has said it will cut a further 3,500 jobs, with most of them to happen this year. The cuts are part of a reorganisation and shrinkage of its investment bank. The losses, which will be split between its UK and…
January 12, 2012
Suicide Bombing Kills Afghan District Chief
Authorities in southern Afghanistan say a suicide car bomber has killed at five people, including a local district chief. Provincial officials say the governor of Kandahar province's Panjwayi district was traveling in his car with his two sons…
January 12, 2012
Taiwan President In Tough Re-Election Fight
Taiwan incumbent President Ma Ying-jeou says he is the only candidate in Saturday's election who can continue Taipei's strong and beneficial relationship with mainland China. Speaking to foreign journalists in Taipei Thursday, President Ma…