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  • New US meat labeling rules upsets Canada New US meat labeling rules upsets Canada

    OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...

  • Twitter beefs up security with two-step login Twitter beefs up security with two-step login

    NEW YORK - Aiming to tackle recent high-profile breaches, popular micro-blogging site Twitter is introducing an optional two-step login for users to beef up security. The new system would try to ensure "it's really you" when a user signs in to Twitter, which transmits some 400 million messages a day. The move follows recent attacks into the twitter accounts of news organisations' such as ...

  • Royalty Pharma takeover bid fails to find Elan ecceptance Royalty Pharma takeover bid fails to find Elan ecceptance

    DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...

  • Wockhardt shares plunge 20 pc on USFDA import alert Wockhardt shares plunge 20 pc on USFDA import alert

    MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...

  • 2 Ford units to be shut in Australia in Oct 2016 2 Ford units to be shut in Australia in Oct 2016

    MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...


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Movie Review

Kagemusha [Blu-Ray]

Kagemusha [Blu-Ray]

By 1980, as he was entering the fifth decade of his career as a film director, Akira Kurosawa was probably best known outside of his native Japan for his samurai films, including Seven Samurai (1954), The Hidden Fortress (1958), Yojimbo (1961), and Sanjuro (1962). W ... ...

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  • UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • Chidambaram says U.S. Federal Reserves statement misunderstood calls for calm

    Finance Minister P. Chidambaram on Thursday sought to calm stock markets in India after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves. Addressing a news conference here, Chidambaram said fears that the Federal Reserve would start reversing its U.S. monetary stimulus programme were being misunderstood in stock market and investor ...

  • As FTSE 100 slides again market historian says large falls becoming more frequent

    is not that unusual, but they have become more frequent in recent years.On Thursday the leading index dropped 2.1%, its biggest daily percentage fall for a year, as investors fretted about a possible end to quantitative easing, especially in the US, and an economic slowdown after disappointing Chinese factory data.But stock market historian David Schwartz has been crunching the numbers and come ...

  • Co-operative Bank stops offering new loans to businesses

    Co-operative Group could retrench from some parts of the financial services industry - at least temporarily - emerged on Friday when its banking arm pulled out of offering new loans to business clients.Ever since the mutual's banking arm ...

  • Media Talk podcast Woolwich attack coverage and Boris ban lifted

    John Plunkett digests the week's media news with Roy Greenslade, Helen Zaltzman and Paul Robinson. Plus, Rebecca Nicholson celebrates a return to form for Mad ...

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