Articles by: The Business Age Bureau

Mazda plans $1.25 bn capital increase

February 21, 2012 12:55 pm0 comments
Mazda plans $1.25 bn capital increase

Tokyo: Mazda Motor Corp. is mulling an increase of its capital amounting to 100 billion yen (about $1.25 billion) by issuing new shares in an attempt to shore up its financial condition, according to media reports Tuesday. The automaker, expecting to log a group net loss of 100 billion yen […]

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London 2012 venues face toilet trouble

12:10 pm0 comments
London 2012 venues face toilet trouble

London:The organisers of the 2012 London Olympics are faced with toilet trouble ahead of the mega sporting event in July. According to documents obtained from the Olympic Delivery Authority under the Freedom of Information Act, test events at the new handball and basketball arenas were riddled with blocked toilet problems, […]

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Flashfloods displace 25,000 in the Philippines

February 20, 2012 12:17 pm0 comments
Flashfloods displace 25,000 in the Philippines

Manila: Nearly 25,000 people in southern Philippines have been displaced by flashfloods triggered by heavy rains, the authorities said Monday. The Lambayong township of Sultan Kudarat province and villages in the provinces of Agusan del Norte and Surigao del Norte were affected by the flooding due to rains since Sunday, […]

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Bus accident leaves 26 dead in Ecuador

February 19, 2012 10:09 pm0 comments
Bus accident leaves 26 dead in Ecuador

Quito: At least 26 people were killed and 15 others injured Sunday when a bus fell into a 50-metre-deep cliff in the South American nation of Ecuador, Xinhua reported.The accident took place in the northern province of Imbabura, police said. At least 41 people including the driver were in the […]

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44 die due to cold weather in Mexico

10:05 pm0 comments
44 die due to cold weather in Mexico

Mexico City: The winter season and low temperatures in Mexico have led to the death of at least 44 people, the government said.The health secretariat said the deaths were caused by hypothermia, carbon monoxide poisoning and burns. The 44 deaths occurred between October last year and Feb 16. A total […]

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Dutch prince critical after skiing accident

10:00 pm0 comments
Dutch prince critical after skiing accident

The Hague: Prince Friso of the Netherlands was still in critical condition after a skiing accident last week, the Dutch government said Sunday. The 43-year-old prince was buried in an avalanche in Austria Friday, Xinhua reported citing Dutch government information service RVD. The prince was skiing in Litzen-Zugertobel near Lech. […]

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US drones fly over Syria to monitor situation

9:54 pm0 comments
US drones fly over Syria to monitor situation

Moscow: US military and intelligence drones are flying over Syria to monitor developments in the country torn by civil strife, NBC reported. “A good number of American drones are operating in the skies of Syria, monitoring the Syrian military’s attacks against opposition forces and innocent civilians alike,” the TV channel […]

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Iran stops oil exports to Britain, France

12:11 pm0 comments
Iran stops oil exports to Britain, France

Tehran: Iran’s oil ministry announced Sunday that it has stopped oil exports to Britain and France. The announcement comes after the oil minister said earlier that Iran might halt its oil exports to some European Union (EU) countries. “We have our own oil customers and the replacements for these companies […]

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Students hack school website to skip class

February 18, 2012 11:03 am0 comments
Students hack school website to skip class

London: A group of students hacked their school website so their parents could not find out a message assuring parents that it will remain open despite snowfall. The Jewish Free School posted the message on its website after snowfall began in Harrow, in northwest London, Feb 4, Daily Mail reported […]

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Iran nuclear-programme could start cold war: Hague

10:58 am0 comments
Iran nuclear-programme could start cold war: Hague

London: If Iran acquires nuclear weapons it could lead to a new cold war in the Middle East, a former British foreign secretary has warned. The world would face the most serious round of nuclear proliferation since the invention of the atomic bomb, the Guardian newspaper Saturday quoted William Hague […]

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