June 14, 2013
Reggae Sumfest in the black
Despite operating in a struggling economy for most of its 20 years, promoters of Reggae Sumfest say the annual event consistently returns a profit. Johnny Gourzong of Summerfest Productions, organisers of the show, told the Jamaica Observer last…
June 14, 2013
Steven Spielberg predicts ‘meltdown’ of film industry
Directors Steven Spielberg and George Lucas are warning that the film industry is in danger of "meltdown". They say it will become increasingly difficult for them to get smaller films into theatres because Hollywood is relying on big budget…
June 14, 2013
Queen’s portrait defaced with spray paint in Westminster Abbey
A portrait of the Queen in Westminster Abbey has been defaced with spray paint, an abbey spokesman has said. A 41-year-old man has been arrested on suspicion of criminal damage after being detained by security guards at the abbey, Scotland Yard…
June 14, 2013
Airbus A350 set for maiden flight
The newest aircraft from European planemaker Airbus is due to take off on its maiden flight later. The Airbus A350 is designed to be more fuel-efficient, and a direct competitor to US rival Boeing's 787 Dreamliner. It is seen as vital to the future…
June 14, 2013
Saudi Arabia’s Prince Alwaleed defends libel action
Prince Alwaleed of Saudi Arabia has defended his decision to sue the business magazine Forbes. The billionaire is seeking damages over what he claims were "seriously defamatory comments" made about him. In March, Forbes calculated Prince Alwaleed's…
June 14, 2013
American, US Airways name top execs
The new American Airlines will have more top executives from smaller but more successful US Airways than from the current American. Five US Airways executives will follow their current CEO, Doug Parker, when he takes control after the airlines…
June 14, 2013
‘Tax havens’ hit back at G8 pressure
The Isle of Man and Jersey have hit back at accusations that they facilitate tax evasion and avoidance ahead of next week's G8 summit. The offshore jurisdictions, frequently described as tax havens, suggest recent pressure from world leaders is…
June 14, 2013
Bolt clocks world leading 19.79 at Oslo 200m
Usain Bolt confirmed his dominance over the 200m at the Oslo Diamond League meet with a workmanlike performance Thursday, clocking a meet record and world leading 19.79 seconds. Competing against a mediocre field the Jamaican led from the start…
June 14, 2013
Tiger Woods 2 over thru 10
Tiger Woods wasn't feeling good about being 2 over par through 10 holes of the weather-suspended first round of the U.S. Open on Thursday. A possible injury to his left wrist or arm could be making him feel worse. It was unclear how serious the…
June 14, 2013
Sangakkara century sees off England
England's Champions Trophy hopes hang in the balance after Kumar Sangakkara's imperious century led Sri Lanka to a seven-wicket victory at The Oval. Sangakkara's unbeaten 134, aided by a 30-ball half-century from Nuwan Kulasekara, took Sri Lanka…