March 12, 2012
Australia readies for Windies
Australia captain Shane Watson said his side will be looking to build on the momentum they gained from success on home soil, when they face West Indies in the forthcoming Digicel 2012 Series. Members of the Australian One-day and Twenty20 squads…
March 12, 2012
China reports large trade deficit as imports surge
China posted its largest trade deficit in at least a decade in February, after imports of commodities jumped as companies built up supplies. The deficit was $31.5bn (£20bn) after imports rose 39.6% from a year earlier and exports rose 18.4%, the…
March 12, 2012
Greece and Spain top agenda at Eurogroup meeting
Finance ministers from eurozone nations are to meet on Monday to discuss giving Greece's second bailout final approval. The Eurogroup, which includes eurozone finance ministers, the president of the European Central Bank and European Commission…
March 12, 2012
US economy adds 227,000 jobs in February
The US economy created 227,000 jobs in February, while the unemployment rate stayed at 8.3%, the lowest level in nearly three years. The Labor Department report also showed that job-creation figures in December and January were even stronger than…
March 12, 2012
Eurozone shows ‘tentative’ signs of recovery
The eurozone is showing "tentative" signs of recovery, according to the latest report from the Organisation for Economic Co-operation and Development (OECD). The OECD researches economics for the 30 nations that make up its membership. For the…
March 12, 2012
Aviation plea to leaders over EU price on carbon
Seven European aviation firms have written to governments complaining about the inclusion of airlines in the EU's Emissions Trading Scheme (ETS). The signatories, which include Airbus, British Airways and Virgin Atlantic, argue the move threatens…
March 12, 2012
Taliban Vows Revenge for Killing of 16 Afghan Civilians
The Taliban has vowed to seek revenge against what it called “American savages” after a U.S. Army sergeant went on an apparent shooting spree in southern Afghanistan, killing 16 Afghan villagers — many of them children. U.S. and Afghan officials…
March 12, 2012
Afghan MPs ‘out of patience’ after Kandahar massacre
Afghans "have run out of patience" with foreign troops, the country's MPs have warned, after a US soldier killed 16 Afghan civilians. The strongly-worded resolution came as US officials issued an alert, fearing reprisals after the Kandahar…
March 12, 2012
45 Feared Dead in Afghan Avalanche
At least 45 people are feared dead after an avalanche struck remote villages in eastern Afghanistan. Heavy snow engulfed homes in Nuristan province on Monday. Provincial officials say the affected area has been cut off, making it difficult for…
March 12, 2012
China railway workers repair ‘collapsed’ new line
A newly built section of a high-speed rail line has collapsed in China's central Hubei province following heavy rain, state media reports. The line was set to open in May and had been in use for test runs. About 300m of the embankment in…