LONDON - China's largest premier commercial property and entertainment conglomerate, Dalian Wanda Group Wednesday entered into 320million pounds definite acquisition deal with leading British yacht company, Sunseeker International Ltd, under which Wanda will acquire a majority shareholding of 91.81% in pre-eminent luxury motor yacht manufacturer. Under the agreement, the remaining 8.19% ...
BRUSSELS - European Union in its first case over pay-for-delay deals that held back sales of cheaper generic drugs Wednesday fined Danish pharmaceutical company Lundbeck 93.8 million euros and imposed fines totaling 52.2 million euros on several other producers of generic medicines. The European Commission, the EU's antitrust regulator, said the companies had reached agreements that may ...
NEW YORK - Chrysler avoided a showdown with the US government by agreeing to recall 2.7 million Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. Chrysler said it recognised the matter had raised concerns for customers The US company said it had resolved its differences with the National Highway Traffic Safety Administration (NHTSA). The recall affects ...
WASHINGTON - Four of the largest U.S. mortgage servicers, including Citigroup Inc (C). and Bank of America Corp., have failed to adequately upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor. Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have failed to adhere to some of the new standards set out in a landmark settlement meant to ...
MADRID - Spain risks high joblessness and sluggish growth for years unless its government together with Europe takes "urgent action' to generate growth and jobs, the International Monetary Fund stated Wednesday. "While there are signs the economic contraction may end soon, the outlook remains difficult," IMF said in its annual assessment of the Spanish economy. "But unemployment remains ...
Brian De Palmas Femme Fatale is a tour de force of giddy-enthralling cinematic trashiness. Its a true return to a form for an old master who is constantly threatening to mellow and go soft, a highly self-conscious meditation on both De Palmas inspirations and himself. Its everything De Palmas detractors hate about him and his fans love about himit thumbs its nose at convention, laughs at l ... ...
Software giant Microsoft has decided to reward security researchers to report bugs and find novel methods for exploiting the security built into the latest version of Windows. According to the Sydney Morning Herald, Microsoft has announced that it will pay up to one million dollars for finding bugs with Windows 8 and those who can demonstrate a way to block the new attack method can earn 50,000 ...
Software giant Microsoft has reportedly altered some of its sharing policies for its latest gaming and entertainment console Xbox One after addressing to feedbacks from the 'Xbox community'. Microsoft has dropped the 24-hour Internet connection requirement for playing all disc-based games, and has made games using and sharing unlimited, CNN reports. According to the report, president of the ...
BERLIN -- The head of the World Bank is pledging to ensure that financing for developing countries doesn't suffer when central banks in rich nations wind down monetary stimulus programs and raise interest rates. The U.S. Federal Reserve said Wednesday that it could start scaling back later this year its huge bond-buying program -- aimed at keeping long-term interest rates low to boost ...
SAN FRANCISCO -- Oracle's end-of-quarter report should give investors a better handle on whether a disappointing performance earlier this year by the business software maker was a hiccup, or a symptom of problems that are more deep-seated. The Redwood Shores, Calif. company disillusioned much of Wall Street in the third quarter, it's most recent, and the final report of its fiscal ...
DUBAI, United Arab Emirates -- Dubai has added a new item to its top ambitions such as building the world's largest Ferris wheel and bidding for an Angry Birds theme park -- a site honoring the Quran. The estimated $7.3 million project will include a garden with plants mentioned in the Islamic holy book and an air-conditioned tunnel depicting events from the Quran. Dubai media quoted the ...
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Iran's president-elect was speaking after his historic election victory.
Mantra on Jolimont, East Melbourne, Australia
Right from our arrival the Mantra on Jolimont had an air of friendliness, and a sense that the property was ...Keep reading
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Cambodian TimesCambodian Times – Continuous News Updates from Cambodia
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Some 40,000 bottles of indelible ink, donated by the Indian government, were delivered to Cambodia's National Election Committee (NEC) Wednesday for use in general elections July 28.
The poll panel accepted the ink from Indian Ambassador to Cambodia Dinesh K. Patnaik.
NEC's chairman Im Suosdey said the ink cost $877,800, and each bottle contains 70 cc, reported Xinhua.
"The Indian government always pays close attention and support for electoral process in Cambodia," Im Suosdey said. "The donation shows more constant solidarity, friendship and cooperation between Cambodia and India."
The indelible ink will be used to mark voters' fingers and it cannot be washed off for 7 to 15 days.
Cambodia is scheduled to hold a general elections for the 123-seat parliament July 28, he said, adding that over 9 million Cambodians are eligible to cast their ballots.
Eight political parties will run in the elections. Three major parties among the registered parties are the ruling Cambodian People's Party of Prime Minister Hun Sen, the main opposition Cambodia National Rescue Party led by self-exiled leader Sam Rainsy, and the royalist Funcinpec Party headed by Princess Norodom Arun Rasmey, the youngest daughter of the late king Norodom Sihanouk. ...
- Dalian Wanda Group to buy UK yacht maker and hotel property
- Lundbeck and several drug firms fined for pact to delay generic drugs
- 2.7 mn Jeeps to be recalled by Chrysler over concerns on fuel tanks
- Settlement monitor faults four largest US mortgage servicers for lapses
- Spain urged to pursue further reforms to generate growth and jobs
- Hacking threat and tougher data laws promise insurance boom
- Palestinians step up campaign for Gaza Arab Idol star
- UPDATE 2-Dixons sees no let up in UK tablets boom
- Deals of the day -- mergers and acquisitions
- Arrivederci Tony Tributes pour in for Sopranos star James Gandolfini after heart attack death aged 51
- British Olympic rowing champion Hosking retires aged 27
- Denuclearized North Korea was Kim Jong Ils dying wish says diplomat
- High school seniors graduate
- Ohio man to be sentenced in dying blink murder case
- China Vietnam should seek South China Sea solution Chinese President
- Rest of stranded tourists arrive home
- In Vietnam New Virus Isolated From Patients With Severe Brain Infections
- Truck blaze closes Hai Van tunnel in 20 minutes
- Four Vietnamese salvage workers die on ship
- UNESCO adds 6 Syrian sites in List of World Heritage in Danger
- EPIC RANT “They Take a Press Release from the Federal Reserve and They Think It Was Written by God”
- Mohamed Morsi vs. Egypts Press
- St Kilda cancels player press call amid Stephen Milne saga
- Fake press release gets Putin ally fired
- Six nations concerned over Google Glasss privacy issues
- Dads rely on Google to solve childrens problems Survey
- Feedly reaches 12m users as Google Reader alternatives battle hots up
- France warns Google of privacy fine
- Inside Diggs Race to Build the New Google Reader
- Cambodian lost city not so lost after all - Christian Science Monitor
- Lost medieval city found in Cambodia - Capital FM Kenya
- Cambodia anti-trafficking efforts criticised in US report
- Cambodia - Marked deterioration in human rights in Cambodia
- Cambodia China celebrate 55th anniversary of diplomatic ties - Peoples Daily Online
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