July 15, 2012
Hillary Clinton meets Egypt military leader Tantawi
US Secretary of State Hillary Clinton has met the head of Egypt's top military council, Field Marshal Mohamad Hussein Tantawi, on the second day of her visit to the country. Mrs Clinton discussed the transition of power to newly elected…
July 15, 2012
Chinese tourists drop big bucks in US
Chinese tourists have developed quite a reputation for dropping big bucks during their US travels. According to the Department of Commerce of the United States, on average, Chinese tourists each spent 37.5 thousand yuan, or approximately 6,000 US…
July 15, 2012
Torrential Rains Strand Thousands in Japan
Japanese troops have airlifted supplies to thousands of people who remain cut off by floods and mudslides triggered by days of torrential rains that have killed at least 26 people. More than 3,000 people are stranded in Fukuoka prefecture,…
July 15, 2012
‘Ice Age’ Is Top Weekend Film With Sales of $46 Million
“Ice Age: Continental Drift,” the fourth film…
July 15, 2012
Abu Dhabi Bypasses Hormuz Strait in Exporting First Pipeline Oil
Abu Dhabi started exporting its first crude from a pipeline that bypasses the Strait of Hormuz, shipping the fuel to a refinery in Pakistan. The pipeline, stretching from Abu Dhabi to the neighboring sheikhdom of Fujairah on the Gulf of Oman, was…
July 15, 2012
China economic growth slows to 7.6% in second quarter
China's economy has grown at its slowest pace in three years as investment slowed and demand fell in key markets such as the US and Europe. Gross domestic product rose by 7.6% in the second quarter, compared with the same period a year ago. That…
July 15, 2012
Blackberry maker RIM told to pay $147m in patent case
Blackberry maker Research in Motion (RIM) has been ordered to pay $147m in damages after losing a patents case. A jury in San Francisco upheld claims by Mformation Technologies Inc that RIM infringed patents it took out in 1999. The software…
July 15, 2012
Visa and Mastercard make $7.25bn fees dispute settlement
Credit card companies Visa and Mastercard and major US banks have agreed to a $7.25bn (£4.65bn) settlement to retailers over card fees. The case, which has been going on for seven years, is over firms colluding to fix the fees that stores pay to…
July 15, 2012
Lopez to leave American Idol
Following the departure of Aerosmith's Steve Tyler, singer Jennifer Lopez has announced…
July 15, 2012
Son of Sylvester Stallone, Sage, found dead at 36
Hollywood star Sylvester Stallone has been left "devastated and grief-stricken" following the sudden death of his actor son, Sage. Sage Stallone, 36, was found unresponsive in his flat in Studio City, near Hollywood, on Friday. He was pronounced…