February 3, 2012
More Cairo clashes after Port Said football deaths
Protesters have clashed with security forces in Egypt's capital Cairo for a second day, amid anger over the deaths of 74 football fans on Wednesday. Police fired tear gas at stone-throwing crowds outside the interior ministry. A soldier died from…
February 3, 2012
Iran ‘Will Retaliate’ Against Sanctions or Attack
Iran's Supreme Leader Ayatollah Ali Khamenei warned Friday that Iran will retaliate against Western-backed oil sanctions and threats of attack, as media reports say U.S. Defense Secretary Leon Panetta fears Israel could strike Iran in the next…
February 3, 2012
2 British Vacationers Die of Legionnaires Disease in Spain
Two elderly British men vacationing in Spain have died from Legionnaires disease. A British-based vacation booking company says three others who stayed at the Diamante Beach Hotel in the eastern town of Calpe are being treated at a Spanish…
February 3, 2012
UN: Somalia Famine Over, but Millions Still Need Food Aid
The United Nations has officially declared an end to the famine in Somalia, but warns that nearly a third of the war-torn country's population is still in need of food aid. The U.N. Food and Agricultural Organization (FAO) said Friday that…
February 3, 2012
Philippine Troops Search for Bodies of Slain Militant Leaders
The Philippine military says it has not recovered the bodies of three senior Islamist militants killed Thursday in a U.S.-backed air raid on the remote southern island of Jolo. A military spokesman says troops were still searching the jungle camp…
February 2, 2012
Facebook unveils $5bn stock market flotation plans
The world's largest social networking site, Facebook, has announced plans for a stock market flotation. Facebook said it would seek to raise $5bn (£3.16bn, 3.8bn euros), about half the amount many analysts expected. But the initial public offering…
February 2, 2012
Sony reports further losses as Thai floods hit sales
Japanese electronics giant Sony has reported another quarterly loss after sales were hit by lower production following the floods in Thailand. The company reported a net loss of 159bn yen ($2.1bn; £1.3bn) for the final three months of 2011,…
February 2, 2012
Caribbean Export launches regional business competition at UK-Caribbean Forum in Grenada
Two regional companies, SMAKS the West Indian Tea Company and David Weekes and Associates are the first winners of the Caribbean Export Development Agency’s Break Point. The regional business competition, which utilizes the Caribbean…
February 2, 2012
Deutsche Bank chief Ackermann fears ‘social time bomb’
The chief executive of Deutsche Bank has warned of a "social time bomb" from wealth and income inequality. Josef Ackermann, who also heads the Institute of International Finance which represents the world's banks, told the BBC that bankers had a…
February 2, 2012
India court cancels 122 telecom licences
India's Supreme Court has cancelled 122 telecommunications licences awarded to companies in 2008. The licences were issued by former minister A Raja, who is accused of mis-selling bandwidth in what has been called India's biggest corruption…