San Francisco: A day after Google announced a media event for its Android mobile phone system next week, new details leaked out Wednesday about the first ever phone to be sold directly by the web search giant. According to technology blog Gizmodo the Nexus One will be sold unlocked on a Google website for $530. [...]
Washington :The US government will loan another $3.8 billion to car financier GMAC, a former subsidiary of General Motors, and will take a controlling stake of 56 percent, the Treasury Department said Wednesday. The Treasury had already loaned GMAC $12.5 billion and taken a 35-percent-stake in December 2008 to help save the ailing company from [...]
New York: US markets posted minor gains Wednesday in a light trading session ahead of New Year’s Eve. Some investors took heart from positive manufacturing data out of Chicago in the industrial heartland, but many appeared to be closing their books on the year and waiting to restart their engines in 2010. The Dow Jones [...]
La Paz: Bolivia has called on India’s Jindal Steel and Power Limited to honour its pledge to invest $2.1 billion in an iron ore joint venture project in the country. “We see that there’s a delay in the investments. We trust that Jindal will understand that it has to respect its commitments. We’re demanding fulfillment [...]
Mexico City : A 56-year-old man from the northern Mexican city of Matamoros has been arrested 600 times in 10 years for misdemeanours, such as roaming around drunk or disturbing the public order, the daily Reforma reported Wednesday. Since 2000, the man who sells sweets for a living, has been taken to the municipal prison [...]
New York : Times Square revelers will be treated to a rare “blue moon” on New Year’s Eve Thursday night. Hundreds of thousands of people are expected to watch the ritual descent of the crystal ball in Times Square to usher in 2010 at midnight. But what many of them may not yet expect is [...]
Washington: Former US vice president Dick Cheney has accused President Barack Obama of “trying to pretend we are not at war” with terrorists in the wake of the Christmas Day attack on a US airliner. In a statement to Politico published Wednesday, Cheney said Obama’s policies have sought to cast aside the realities of the [...]
Baghdad: At least 37 people were killed and 70 injured in three devastating bombings across Iraq Wednesday, police said. The deadliest attack struck the offices of the governor of al-Anbar province in the overwhelmingly Sunni city of Ramadi. Qassim Mohammed al-Fahadawi, the governor of the province, and Abbas al-Dulaimi, the deputy director of the Ramadi [...]
Dubai : International Dairy and Juice Limited (IDJ), a joint venture between PepsiCo and Almarai, announced today that it has acquired Egypt’s International Company for Agro-Industrial Projects (Beyti). Beyti, founded in 2005, is a well recognized brand name in Egypt. It produces a range of high-quality dairy and juice products, including plain and flavored ultra-high-temperature [...]
London : Socialite heiress Paris Hilton is in trouble after a shoe company alleged that she had copied their design for her own line of footwear. Executives at New York-based firm Gwyneth Shoes are suing Hilton for trademark and patent infringement, according to documents filed last week, reports dailsystar.com Hilton has been accused of stealing [...]