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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

The Taking of Pelham 123

The Taking of Pelham 123

In this third crack at John Godeys 1973 novel about the hijacking of a New York City subway, director Tony Scott imposes his signature stylistic grab bag of spastic random zooms, machine-gun editing, bleary slow motion, and other assorted forms of needless visual assa ... ...

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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 ...

  • Russia to spend $8 billion on 2018 World Cup

    Russia is expected to spend no more than $8 billion to fund the 2018 football World Cup, a steep fall from the previously estimated $16.6 billion, Deputy Prime Minister Igor Shuvalov said. "All parameters that could have been cut have been cut. The last figure that (Sports Minister Vitaly) Mutko came to me with was 250 billion rubles ($7.94 billion)," Xinhua quoted Shuvalov as saying. The ...

  • Seven Cubans to participate in World Judo Masters

    Five female and two male Cuban judokas will participate in the 2013 World Judo Masters tournament, to be held in Russia's Tuymen city. The team is led by Idalis Ortiz, 2012 Olympic champion in the over 78 kg category, as well as London 2012 silver medallists Yanet Bermoy (52 kg category) and Asley Gonzalez (90 kg), reports Xinhua. Ortiz is ranked world No.1 in her class, while Gonzales is ...

  • China clears Boeing 787s for commercial service

    Beijing, May 24 (Xinhua-ANI): The Civil Aviation Administration of China (CAAC) issued a certification for the Boeing 787 Dreamliner Thursday, a milestone for the 787 to begin commercial service in China. The CAAC presented Boeing with a Validation of Type Certification (VTC), indicating that the design of the 787 Dreamliner is compliant with China's aviation regulations and that China endorses ...

  • Kashmir sericulturists reap profits by shifting to bivoltine for better yield

    In an effort to revamp the silk industry and reap good profits, the Department of Sericulture in Jammu and Kashmir has shifted to bivoltine sericulture technology. Kashmir silk industry was once holding a significant position in the world due to its superior quality and lustre, but gradually, the industry witnessed a sharp decline. With the recent initiatives undertaken by the sericulture ...

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