January 12, 2015
Kuwait plans $155-bn projects despite oil slump
Kuwait's government on Sunday announced plans to spend 45.5 billion dinars (155 billion) on projects over the next five years despite the plunge in world oil prices, a lawmaker said. The spending is slated to cover 523 key projects in a five-year…
January 12, 2015
Brent crude oil price falls to fresh six-year low
The price of Brent crude oil has fallen again taking it to a fresh six-year low. The price of a barrel of the North Sea benchmark dropped by 5% to $47.75, its lowest level since early 2009. US crude oil was also at its lowest level since that time,…
January 12, 2015
Ronaldo wins Ballon d’Or over Lionel Messi & Manuel Neuer
Real Madrid forward Cristiano Ronaldo has been named world footballer of the year after winning the Ballon d'Or for the second year in a row. The Portugal captain beat Barcelona forward Lionel Messi and Bayern Munich goalkeeper Manuel Neuer to the…
January 12, 2015
‘Boyhood’ Wins Big at Golden Globes
A movie that took 12 years to make won the top dramatic film prize at the Hollywood Foreign Press Association”s 72nd annual Golden Globes Awards Sunday in Beverly Hills. “Boyhood” won awards for best dramatic film, the best director prize for…
January 12, 2015
France Deploying 10,000 Troops After Attacks
France's defense minister says more than 10,000 troops will be deployed across the country by Tuesday. European governments are reviewing security measures following last week’s terror attacks that killed 17 people in France. Speaking to French…
January 12, 2015
Chris Gayle accuses West Indies board over World Cup omissions
Chris Gayle has accused the West Indies Cricket Board of victimisation after Dwayne Bravo and Kieron Pollard were omitted from the World Cup squad. Bravo and Pollard were seen as leading the player revolt, following a pay dispute with the WICB, that…
January 12, 2015
Minibus plunges into sea, four dead, several missing in St.Vincent
Residents across St. Vincent and the Grenadines are in mourning Monday after a bus carrying at least 18 people, including 14 school children, plunged into the sea, killing at least four people. St Vincent authorities said three students were killed,…
January 9, 2015
Netflix: VPN crackdown claims ‘false’, says executive
Netflix has criticised "false" reports it has been cracking down on customers using a work-around to watch media blocked in their area. The company denied reports it had stepped up its attempts to block access via virtual private networks (VPNs).…
January 9, 2015
Coca-Cola to cut up to 1,800 jobs worldwide
Drinks giant Coca-Cola is set to cut up to 1,800 jobs worldwide as it continues cost-cutting efforts. Coca-Cola reported a 14% fall in earnings for the July to September quarter last year and sluggish revenue growth. The job cuts will affect the…
January 9, 2015
US economy adds 252,000 jobs in December
The US economy added 252,000 jobs in December, while the unemployment rate fell to 5.6% from 5.8%, according to Labor Department figures. In addition, figures for the number of jobs created in October and November were both revised upwards. The…