Russian tycoon sells airline for 1 rouble

RUSSIAN tycoon Alexander Lebedev has sold his Moscow-based airline Red Wings for a symbolic 1 rouble (31 Australian cents) after it was grounded following a fatal crash of one of its Tupolev jets. "Yes, I have signed documents on selling 100...

23.09 | 0 komentar | Read More

US stocks mixed after jobless claims jump

US stocks have opened mixed after unemployment claims unexpectedly jumped, offsetting positive market reaction to new stimulus measures by the Bank of Japan. Five minutes into trade on Thursday, the Dow Jones Industrial Average rose 18.86 points,...

23.09 | 0 komentar | Read More

US jobless claims jump to November high

NEW claims for US unemployment benefits unexpectedly rose in late March to their highest level since November, government figures show. Initial jobless claims, an indicator of the pace of layoffs in the US economy, totalled 385,000 in the week...

23.09 | 0 komentar | Read More

Google resells print rights to Frommer

GOOGLE says it has "returned" the print rights for Frommer's travel books to company founder Arthur Frommer less than a year after acquiring the popular tourist guides. Financial terms were not disclosed. Google said in a statement on Thursday...

23.08 | 0 komentar | Read More

UK chancellor questions Philpott welfare

BRITISH Chancellor George Osborne has linked the case of child killer Mick Philpott to the need for reform of the welfare system, questioning why taxpayers are funding "lifestyles like that". Osborne, who has been leading the government's defence...

23.08 | 0 komentar | Read More

Gillard leaves for six-day China visit

PRIME Minister Julia Gillard departs for China on Friday morning accompanied by the most senior Australian political delegation to ever visit the Asian nation. Her six-day visit includes taking part in the Boao Forum for Asia, on Hainan Island,...

23.08 | 0 komentar | Read More

Man kills nine in axe rampage in India

AN Indian villager has axed to death four women and five young girls while apparently mentally disturbed after his wife left him, police say. Pandu Nagesia, 35, killed nine of his neighbours during his rampage through Behratoli village in the...

23.08 | 0 komentar | Read More

ECB can't replace govt action: Draghi

THE European Central Bank cannot step into the breach left by a lack of action by eurozone governments to solve the region's debt crisis, but is ready to do whatever it can to play its part, ECB chief Mario Draghi says. "We cannot replace lack...

23.08 | 0 komentar | Read More