News

July 3, 2011

WICB reiterates its position re Chris Gayle

The West Indies Cricket Board has noted the statement of July 1 by Chris Gayle. The WICB is disappointed by the continued unprofessionalism being displayed by Mr. Gayle in dealing with this matter. It does not help that whilst matters are under…

July 3, 2011

Mets rally against Rivera, avoid sweep by Yanks

Pinch-hitter Ronny Paulino came through with a tying single off Mariano Rivera , Jason Bay drove home the winning run in the 10th inning and the feisty New York Mets ended the Yankees' seven-game winning streak with a 3-2 victory Sunday. Playing…

July 3, 2011

Greece crisis: Eurozone backs 12bn euros in aid

Eurozone finance ministers have approved the latest tranche of emergency help for the Greek economy.

July 3, 2011

Russia rescues Bank of Moscow in record bail-out

Russia's fifth largest bank, Bank of Moscow, has been given the biggest bail-out in Russian history. The $14bn rescue came after another bank, VTB, gained control through a hostile bid, only to uncover bad loans valued at $9bn - a third of the…

July 3, 2011

Palestinian Authority faces budget crisis

The Palestinian Authority has had to cut salaries paid to its civil servants by half as it faces a major budget shortfall. Prime Minister Salam Fayyad called on "donors and our Arab brothers" to come to their aid, saying that international donors -…

July 3, 2011

China manufacturing slows as Beijing reins in growth

China's manufacturing sector expanded at its slowest pace in 28 months following government policies to prevent the economy from overheating, according to an official survey. China's purchasing manager's index (PMI) fell to 50.9 in June from 52 in…

July 3, 2011

Apple and Microsoft group buys Nortel patents

Bankrupt telecoms firm Nortel has sold its remaining patent portfolio for $4.5bn (£2.8bn) to a consortium of six firms including Apple and Microsoft. The other consortium members are Sony, Research In Motion, Ericsson, and EMC. The auction of…

July 3, 2011

Nigeria bar bombing leaves five dead in Maiduguri

At least five people have been killed in an attack on a bar in the north-eastern Nigerian city of Maiduguri, officials say.

July 3, 2011

Thailand: Yingluck Shinawatra wins key election

The party allied to ousted and exiled ex-leader Thaksin Shinawatra has won a major victory in Thailand's general election, provisional results show. With most votes counted, outgoing Prime Minister Abhisit Vejjajiva has conceded victory to his…

July 3, 2011

Mladic to boycott Hague tribunal hearing, says lawyer

Ex-Bosnian Serb army head Ratko Mladic will boycott a hearing at The Hague war crimes tribunal where he is due to enter pleas, his lawyer said. Milos Saljic said Gen Mladic would not take part in Monday's proceedings as his defence team has not been…