October 29, 2011
Conrad Murray trial: Jackson ‘addicted to Demerol’
Singer Michael Jackson was probably addicted to the painkiller Demerol, a witness for the defence in the trial of his doctor, Conrad Murray, has said. Dr Robert Waldman testified that records from Jackson's dermatologist show the singer was…
October 29, 2011
Germany finds extra 55bn euros after accounting error
Germany has found itself 55bn euros ($78bn; £48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009. The country now expects its ratio of debt to GDP to be 81.1% for 2011, 2.6…
October 29, 2011
Eurozone seeks bailout funds from China
The head of the eurozone's bailout fund is beginning attempts to persuade China to invest in a scheme to help rescue member countries facing debt crises. After meeting Chinese leaders, Klaus Regling said there were no formal negotiations and would…
October 29, 2011
Samsung overtakes Apple in smartphone shipments
Samsung overtook Apple to become the world's biggest shipper of smartphones between July and September. Research from Strategy Analytics showed that Samsung shipped 27.8 million smartphones in the three-month period, compared with 17.1 million…
October 29, 2011
Pele says Brazil not ready to host World Cup
Brazil is not yet ready to host the 2014 World Cup, football great Pele told the ESPN Soccernet website in an interview posted yesterday. According to Pele, chaotic organisation and communication difficulties are the biggest problems facing…
October 29, 2011
State should keep out of FIFA business—Jack
T&T is the only country which allows government to interfere with the business of the Federation Internationale de Football Association (FIFA), says Works and Infrastructure Minister Jack Warner. Warner said this while responding to questions…
October 29, 2011
Italy sells bonds at record high of 6% at auction
Italy's cost of borrowing has reached a record high, despite the deal reached to contain the eurozone debt crisis. Italy paid 6.06% to borrow for 10 years at an auction on Friday, the most since the euro was created in 1999. The rate jumped from…
October 29, 2011
Medal drought… Jamaica end Pan Am participation with poor day on track
Guadalajara, Mexico:Jamaica's contingent here ended their participation in the XVI Pan American Games on a disappointing note yesterday. The men's 4x400 metres team was withdrawn from the final after an injury to Lansford Spence and there was a…
October 29, 2011
Directors’ pay rose 50% in past year, says IDS report
Pay for the directors of the UK's top businesses rose 50% over the past year, a pay research company has said. Incomes Data Services (IDS) said this took the average pay for a director of a FTSE 100 company to just short of £2.7m. The rise, covering…
October 29, 2011
‘Suicide bombing’ hits Turkish town
At least two people have been killed by an explosion reportedly caused by a female suicide bomber in a town in south-east Turkey. The Turkish interior ministry said the attack took place in Bingol. At least 10 people were injured, one seriously,…