May 11, 2015
Caribbean economic growth expected to decline again
Growth in Latin America and the Caribbean is expected to decline for a fifth consecutive year, dipping below one percent in 2015, the IMF said in its latest regional forecast. The IMF’s recently released Regional Economic Outlook for the Western…
May 11, 2015
Airstrikes Continue in Yemen Ahead of Cease-fire
Warplanes from a Saudi-led coalition continued airstrikes against Houthi rebel targets in Yemen Monday, a day before a humanitarian cease-fire is due to go into effect. The jets bombed the Saada region near the Saudi border, as well as Taiz in…
May 11, 2015
The Chancellor Urges More Russian Action to Halt Ukraine Fighting
German Chancellor Angela Merkel called on Russia Sunday to do more to urge pro-Russian separatists to abide by a cease-fire in eastern Ukraine and end fighting with Kyiv's forces. "Unfortunately we still do not have a cease-fire today," the German…
May 11, 2015
Typhoon Noul levels Coastal Areas in the Philippines
Heavy rains and strong winds flattened houses on coastal areas as typhoon Noul crashed into the northeastern tip of the Philippines, killing two people and prompting more than 3,000 residents to move to shelters. The typhoon weakened slightly after…
May 6, 2015
Beyonce Signs Three Aspiring Singers for $1.5M
Beyonce Knowles has signed three aspiring singers to her Parkwood Entertainment company. According to the New York Post, the diva offered sisters Chloe and Halle Bailey, 17 and 15 years old respectively, a $1 million recording deal after her manager…
May 6, 2015
Sam Smith Cancels More Tour Dates
Sam Smith has axed more dates on his tour because of his illness. After canceling a handful of Australian shows last week due to a hemorrhage on his vocal chords, the British singer wrote in an Instagram post sent out on Monday, April 5 that…
May 6, 2015
Mariah Carey Added to Line-Up of Performers for 2015 Billboard Music Awards
Mariah Carey is another name announced as a performer for the 2015 Billboard Music Awards. Between her shows at Las Vegas' Caesars Palace, the diva will be taking the BMA stage at the MGM Grand on May 17. This will be Carey's first time to appear at…
May 6, 2015
Manny Pacquiao and Promoters Hit With $5 Million-Plus Lawsuit
Manny Pacquiao is hit with $5 million-plus consumer fraud lawsuit filed by two watchers of May 2 fight between the Filipino boxer against Floyd Mayweather, Jr. The plaintiffs also name the event's promoters that included Top Rank, the boxer's…
May 6, 2015
BMW’s quarterly earnings beat forecasts
Strong sales of sport utility vehicles (SUVs) in Europe and the US helped German carmaker BMW to beat forecasts with its first-quarter results. Underlying earnings rose more than 20% to €2.52bn ($2.84bn; £1.85bn), beating analysts' forecasts.…
May 6, 2015
Kerry, Saudis to Discuss Yemen Crisis
U.S. Secretary of State John Kerry said talks about a "humanitarian pause" in Yemen will be a focal point of his upcoming meetings with Saudi officials. Kerry said he will discuss the nature of a pause and how it might be implemented when he arrives…