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  • Board approves News Corp split into two entities Board approves News Corp split into two entities

    WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...

  • China to allow US auditors access to records of Chinese firms China to allow US auditors access to records of Chinese firms

    BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...

  • Croatia looking to oil exploration in Adriatic Sea to revive economy Croatia looking to oil exploration in Adriatic Sea to revive economy

    ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

  • Amazon ventures into fan fiction promotion Amazon ventures into fan fiction promotion

    WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...

  • China central bank report promises financial sector reforms China central bank report promises financial sector reforms

    BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...


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Movie Review

The Hitcher

The Hitcher

Having largely exhausted the most well known titles from the 1970s, producers are now setting their sights on the Reagan era for horror properties to remake. Waiting in the wings are remakes of Friday the 13th (1980) and The Evil Dead (1982), but first out of the gate is The ... ...

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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 ...

  • News Corp. Board approved companys split into two public traded entities

    News Corporation Board has approved the split of its company into two publicly traded entities putting a step forward in separating its entertainment businesses from the publishing division. The board announced the terms of share distribution, named the board of directors for both the firms, and a 500 million dollars stock-buypack program for the new corporation. In a report by Fox News, the ...

  • Bang With Friends mysterious CEO revealed

    Bang with Friends- the controversial Facebook app run by its CEO and co-founder who just goes by his initial 'C' has been revealed accidentally by Internet New York which included the founders' name on the online ballot. BWF app creator Colin Hodge, 28, and Omri Mor had remained anonymous till last week, but the leak of their identity through Internet Week New York disappointed Hodge, the Daily ...

  • Historic web page recovered by online appeal

    An attempt to recover the first web page from the earliest days of web world has been successful. The page recovered belonged to 1991 and was demonstrated by Sir Tim. Cern launched its project to recover artefacts and documents from those earliest days. Web creators Tim Berners-Lee and Robert Cailliau initiated a public appeal for files, hardware and software tracing the earliest days of web ...

  • Ex-world champ warns Hamilton to look out for biggest threat Rosberg in Monaco

    Former world champion Damon Hill has warned Mercedes ace Lewis Hamilton that his biggest threat to second triumph in Monaco is his teammate Nico Rosberg, instead of big guns Sebastian Vettel or Fernando Alonso. The German son of Finland's 1982 champion Keke Rosberg has been a revelation this year, out-qualifying Hamilton for the last two races and establishing his credentials by keeping the ...

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