Rupert Murdoch’s News Limited in $2bn CMH takeover bid

Rupert Murdoch's News Limited has made a $2bn (£1.3bn) takeover bid for James Packer's Consolidated Media Holdings (CMH). The move is being seen as an attempt by Mr Murdoch to further strengthen his position in Australia's media sector. A successful…

Japan’s exports surge 10% in May easing slowdown fears

Japan's exports have risen the most in 17 months easing concerns about the impact of a global slowdown on the Japanese economy. Exports rose 10% in May from a year earlier, boosted by a 38% jump in deliveries to the US. Shipments to China, Japan's…

Spanish borrowing costs jump at debt auction

Spanish borrowing costs on 12 and 18-month bonds jumped to 5.1% at its first debt auction since securing a 100bn euro ($126bn; £81bn) bank bailout. Madrid raised the intended 3.04bn euros but the interest rate payable rose from 3% at a similar…

UK inflation rate drops to 2.8% in May, says ONS

The UK rate of inflation fell last month to a two-and-a-half year low owing to slowing fuel and food prices. The Consumer Prices Index (CPI) measure fell to 2.8% in May from 3% in April, the Office for National Statistics (ONS) said. The Retail…

G20 summit: US ‘encouraged’ by eurozone plans

US President Barack Obama has said he is encouraged by European leaders' plans to tackle the eurozone crisis, as the G20 summit in Mexico ends. In a final communique, world leaders said they would take "all necessary measures" to protect the euro…

UN Team Will Stay in Syria

The head of the United Nations monitoring mission in Syria told the Security Council Tuesday his team has been repeatedly targeted by gunfire but is committed to staying in the war-torn country. Major General Robert Mood of Norway said Tuesday…

US Probe Calls for Punishment of Troops in Quran Burning

A U.S. military investigation into the burning of Qurans at Bagram Air Base near the Afghan capital, Kabul, last February has recommended disciplinary action against up to seven troops. U.S. military officials said Tuesday no final decision has…

Egypt’s Mubarak on Life Support as Protests Swell

Egyptian security sources say ousted President Hosni Mubarak is unconscious and on a respirator after he was rushed from prison to a military hospital following a stroke. Earlier reports by the state news agency MENA said Mubarak's doctors had…

GT STINGERS 2 to SALTANS 0-GTBA FINALS

The GTBA best of 5 series continued at the Palm Grove court on Friday and Saturday night between the Salt Cay Saltans and GT Stingers. The GT stingers defeated the Saltans on Friday and Saturday to lead 2-0 in the series. Join RTC's…

CHURCHES SOFTBALL

This is it!! The Churches soft ball finals goes down at the National stadium tonight and RTC will have the finals live at 8pm. Bethany Baptist Church and Jericho Baptist will go at it for the Championship and the Prophecy Church and the Methodist…