JUN
6
2008

Barclays uses US anti-terror laws to close British citizens´ accounts

Barclays is closing the bank accounts of British customers, who are working in this country for businesses linked to Iran, to conform with US anti-terror laws.

JUN
6
2008

Xinhua: Buddhist monks arrested in Tibet

Police in Tibet have arrested 16 Buddhist monks and are seeking three more for their alleged involvement in one bombing and two attempted bombings, authorities in Tibet told state-run media.

JUN
6
2008

Broadcom co-founder indicted on drug, securities charges

Federal officials unsealed one indictment Thursday alleging co-founder Henry T. Nicholas III of chip maker Broadcom Corp. spiked the drinks of technology executives and customer representatives with ecstasy and maintained a warehouse for ecstasy, cocaine and methamphetamine.

JUN
6
2008

IBRADEMP launches book on international financial operations with Brazil at the New York Stock Exchange.

The event will be presented by Daniel Kalansky, vice-president of the IBRADEMP, John Casale, vice-president of the Global Corporate Client Group and Cindy Powell, Managing Director of Bank JP Morgan, talking about the new chances in Brazil after the Investment Grade seal. It is the first and only book in the market congregating the biggest specialists to explain the main international financial operations with Brazil. The book shows the functioning of operations of Private Equity, IPO, Takeover (Hostile Offers), Joint Ventures, Carbon Eurobonds, Derivatives, Credit, Project Finance, Arbitration, Recovery of Companies, Renewable Energy and Green Technology, amongst other subjects.

JUN
5
2008

Black farmers allege USDA discrimination in new class action lawsuit

The Virginia-based National Black Farmers Association (NBFA) brought a class action lawsuit against the US Department of Agriculture (USDA) Monday, alleging on behalf of over 800 black farmers that the USDA improperly discriminated against them in its allocation of resources.

JUN
5
2008

Google seals deal for new offices at NASA center

In the latest sign of its ambitious growth plans, Google Inc. has signed a 40-year lease to secure space for a huge office complex that will be built on a federal government research center near the Internet search leader´s Silicon Valley headquarters.

JUN
5
2008

Turkey to decide on head scarf ban

Turkey´s Constitutional Court is expected to rule Thursday on an opposition motion to keep Muslim head scarves off university campuses - a ruling that could hold ominous portents for the Islamic-oriented government.

JUN
5
2008

Open to deals including Microsoft takeover: Yahoo

Internet major Yahoo, which has come under attack for sabotaging any potential takeover of the company, today said it is open to any deal, including a sale to Microsoft, if it benefits shareholders.

JUN
5
2008

UN rights council limiting press freedom to protect religion

The World Association of Newspapers (WAN) and the World Editors Forum (WEF) accused the UN Human Rights Council of “undermining” the freedom of expression in the name of religious sensibilities" in a resolution the two groups adopted Tuesday.

JUN
5
2008

BBC accused of fuelling race attacks on Poles

The BBC was yesterday accused of fuelling racist attacks on Polish immigrants. Conservative MP Danny Kawczynski said the BBC´s coverage of immigration issues tended to concentrate on Poles even though most immigrants to the UK came from outside Europe.

JUN
5
2008

Summit struggles for consensus on global food crisis

Negotiations on a final text were due to go on until late in the evening but officials at the food and agriculture organisation (FAO), hosting the summit, said the talks were aimed at watering down the joint declaration to the point at which all delegations could accept it.

JUN
5
2008

Deutsche Post can´t stop rivals using “Post” names

Deutsche Post AG, Europe´s biggest mail carrier, lost a trademark lawsuit seeking to stop competitors from using the word “Post” in their names.

JUN
5
2008

Ex-Obama fund-raiser convicted in Illinois fraud, bribery scheme

Antoin Rezko, a once-powerful fund-raiser who helped propel the career of Senator Barack Obama, was found guilty yesterday by a federal jury of 16 criminal counts, including fraud, money-laundering, and bribery in an influence-peddling scheme that touched the highest levels of the administration of Governor Rod R. Blagojevich of Illinois.

JUN
5
2008

U.K. consumers overcharged by $2.7 billion on PPI

Barclays Plc, Lloyds TSB Group Plc and other U.K. banks and retailers overcharge by as much as 1.4 billion pounds ($2.7 billion) a year on payment-protection insurance because consumers aren´t advised they can choose other providers, a U.K. antitrust regulator said today.

JUN
5
2008

China official denounces US human rights report

A Chinese official has dismissed a new US report on the state of Chinese human rights, calling it incorrect and groundless.

JUN
4
2008

U.S. files complaint over EU tech tariffs

The United States complained to the World Trade Organization about the European Union´s tariffs on electronic equipment. The complaint is founded on WTO´s 1996 Information Technology Agreement (ITA), which slashed tariffs on a range of high-tech goods to boost trade between countries on computers and electronics.

JUN
4
2008

Fishermen fuel protest blocks EU base

About 400 protesting fishermen from France, Italy, Spain and Portugal blocked the main boulevard through Brussels´ European Union quarter on Wednesday to demand the EU do more to ease high fuel prices.

JUN
4
2008

South Korea backs off importing U.S. beef

No U.S. beef will exported to South Korea until the countries agree on limiting shipments to meat from cattle of a certain age, South Korea´s agriculture minister said Tuesday.

JUN
4
2008

Airline industry set to loose $2.3 billion in 2008

The airline industry will lose $2.3 billion this year because of hikes in oil prices, the world airlines group said Monday, revising its earlier forecast of a collective industry profit.

JUN
4
2008

U.N. passes piracy pursuit powers

The U.N. Security Council on Monday gave nations new powers to pursue pirates into the waters off Somalia, an effort to combat a new spate of hijackings off the Horn of Africa.

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