Hunt for survivors in Philippines December 18, 2011 Rescuers searched for more than 800 people missing in the southern Philippines yesterday after flash floods and landslides swept houses into rivers and out to sea, killing more than 650 people in areas ill-prepared to cope with storms. Cagayan de Oro and nearby Iligan cities on Mindanao island were worst hit when Typhoon Washi slammed [...]
Burley sacked after Nazi blunder December 18, 2011 A lawmaker has been sacked from his job as a parliamentary aide after he was pictured attending a Nazi-themed bachelor party where one of the guests wore an SS uniform, the Conservative Party said yesterday. Aidan Burley, 31, who was Parliamentary Private Secretary at the Department of Transport, had “behaved in a manner which is [...]
EX-UBS TRADER HIRES NEW LAWYERS December 18, 2011 FORMER UBS trader Kweku Adoboli has switched legal teams ahead of his court appearance tomorrow on rogue trading charges. London law firm Bark & Co, which specialises in fraud cases, said it is now representing him. Kingsley Napley confirmed it was no longer working on the case but declined to say why. Adoboli faces two [...]
Guardian editor to announce further cuts to stem losses December 18, 2011 GUARDIAN editor Alan Rusbridger will today announce to staff a “simplified production process” to further cut costs at the loss-making paper. The cuts will be implemented in mid-January, when the sports supplement will be integrated into the back of the main paper between Tuesday and Friday. The Guardian will publish “one or two” fewer pages [...]
Olympic Media Buzz LONDON 2012 PARTNERS December 18, 2011 IN ASSOCIATION with Repskan.com, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 7 December to Wednesday 14 December. BMW [...]
PROTESTERS BEATEN DURING EGYPT UNREST December 18, 2011 UN secretary-general Ban Ki-moon condemned excessive use of force by Egypt’s security forces yesterday after three days of battles with protesters demanding an end to military rule imposed since Hosni Mubarak was toppled in February. Troops in riot gear have been filmed beating protesters even after they had fallen to the ground.
3i lining up bid for Edinburgh Airport December 18, 2011 PRIVATE equity house 3i has lined up a bid to buy Edinburgh airport from BAA. London-listed 3i, whose investments have been buffeted by global turmoil, has joined forces with pension fund manager the Universities Superannuation Scheme (USS) and fund manager M&G to make an offer. Any deal would be done through the separately listed 3i [...]
Politicians’ bickering is bad news for businesses December 18, 2011 THE brawl has made for cracking entertainment. It’s been a super-fun read. But it’s time for government officials in the UK and France to shut their traps and get their heads back into the game of saving the Eurozone’s economy. This weekend’s papers radiated with more headlines about the ongoing verbal affray between government heavyweights [...]
Qantas settles pay disputes after a stand-off lasting more than a year December 18, 2011 AUSTRALIA’S Qantas Airways has agreed a pay deal with the engineers’ union, one of the three unions that the airline has had a stand-off for over a year, The Australian newspaper said yesterday. Qantas has reached an agreement with the engineers’ union and would present the deal to the labour umpire, the report said, adding [...]
Sherlock Holmes tops US box office December 18, 2011 Action adventure film Sherlock Holmes: A Game of Shadows led a trio of sequels at the US box office over the weekend with $40m in ticket sales, according to studio estimates compiled yesterday. The sequel to 2009’s Sherlock Holmes starring Robert Downey Jr. beat Alvin and the Chipmunks: Chipwrecked, the third film in the popular [...]
