Sunday, February 13, 2011 With a fourth-quarter investment earnings of $3.9 Billion CAD, largely driven by stock market rises, the Canada Pension Plan’s (CPP) assets rose to $140.1 Billion reported the CPP Investment Board on Thursday. Rate of return for the quarter netted three percent, bringing the first nine months of the fiscal year to […]
South African president dismisses deputy on implications of corruption
Tuesday, June 14, 2005File:JacobZuma.jpg Today at about 1600 UTC/GMT, South African President Thabo Mbeki announced in a special session of parliament that he has taken action he feels is necessary, that is to “release [his deputy president], Jacob Zuma, from his responsibilities as deputy president of the republic and member of the cabinet”. Zuma was […]
Renault F1’s team boss, top engineer quit as team accepts cheating claim
Wednesday, September 16, 2009 Renault F1 team boss Flavio Briatore and engineering director Pat Symonds have both split ways with the team. The move comes as Renault announce they will not fight a charge of race-fixing. Piquet’s car is removed from the Marina Bay Street Circuit while Alonso moves towards victory. Image: Benjamin Chia. Fédération […]
Eight men and several Spinka charities charged with tax fraud in Los Angeles
Monday, December 24, 2007 Eight men and five Brookyln-based Spinka charitable organizations have been charged with tax fraud and money laundering. Six have been arrested, and two are still at large. The men charged are Naftali Tzi Weisz, 59, a Grand Rabbi from Brooklyn; Gabbai Moseh E. Zigelman, 60, also from Brooklyn and Weisz’ assistant; […]
British Airways and Iberia sign merger deal
Friday, April 9, 2010 An Iberia Airbus A321-200 Image: Adrian Pingstone. A British Airways Airbus A321-200 Image: Adrian Pingstone. British Airways (BA) and the Spanish airline Iberia have signed a merger deal, which will create one of the largest air carrier groups in the world. The two announced the merger yesterday, and said that the […]
Ed Sheeran wins Song of Year Grammy for Thinking Out Loud
Tuesday, February 16, 2016 Yesterday, UK singer Ed Sheeran won the Grammy Award for Song of the Year for his song Thinking Out Loud from his album × ahead of Kendrick Lamar’s Alright; Wiz Khalifa’s, featuring Charlie Puth, See You Again; Little Big Town’s Girl Crush; and Taylor Swift’s Blank Space. Girl Crush won the […]
G7 says “all available tools” will be used to solve crisis
Saturday, October 11, 2008 In the midst of the intensifying global financial crisis, finance ministers and central bankers of the G7 nations – Canada, France, Germany, Italy, Japan, the United States, and the United Kingdom – met in Washington, D.C. and released a joint statement. With failures of large financial institutions in the United States, […]
Surgeons reattach boy’s three severed limbs
Tuesday, March 29, 2005A team of Australian surgeons yesterday reattached both hands and one foot to 10-year-old Perth boy, Terry Vo, after a brick wall which collapsed during a game of basketball fell on him, severing the limbs. The wall gave way while Terry performed a slam-dunk, during a game at a friend’s birthday party. […]
Bank of England governor warns housing market is biggest threat to UK economy
Sunday, May 18, 2014 The governor of the Bank of England, Mark Carney, has warned that the state of the housing market in the United Kingdom is the current biggest domestic threat to the country’s economy, due to lack of house building, and regulatory issues. In an interview to be aired on Sky News today, […]
MetLife to acquire Travelers Life and Annuity from Citigroup
Monday, January 31, 2005 Metlife announced on 01/31/05 that they were going to acquire Travelers Life and Annuity from Citigroup. Travelers Life and Annuity is an insurance underwriter. MetLife is a large life insurance and annuities underwriter. MetLife will have to borrow a lot of money to pay for the company, so rating agencies like […]