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Dalian Wanda Group to buy UK yacht maker and hotel property
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% ...
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Lundbeck and several drug firms fined for pact to delay generic drugs
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 ...
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2.7 mn Jeeps to be recalled by Chrysler over concerns on fuel tanks
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 ...
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Settlement monitor faults four largest US mortgage servicers for lapses
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 ...
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Spain urged to pursue further reforms to generate growth and jobs
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 ...
Movie Review
Symbiopsychotaxiplasm Take One [DVD]
There are so many levels of meaning in William Greaves oddball 1968 experimental hybrid Symbiopsychotaxiplasm Take One that its hard to know where to begin deconstructing it--or if deconstruction is even a possibility. Ostensibly about a film crew conducting screen tests of a ... ...
On Facebook
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Microsoft offering hackers $1mln for finding bugs in Windows
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 ...
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Microsoft alters key components of Xbox One sharing policies
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 ...
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Norway opens Barents Sea area to offshore oil drilling in new move into Arctic
STOCKHOLM -- Norway's Parliament has opened up a new area on the fringe of the Arctic Ocean to offshore oil drilling despite protests from opponents who fear catastrophic oil spills in the remote and icy region. Most of the Norwegian sector of the Barents Sea, which the Nordic country shares with Russia, is already open to petroleum activities. But environmentalists and some opposition ...
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Markets roiled as Bernanke outlines exit strategy stocks oil gold slide but dollar surges
LONDON -- Markets were roiled Thursday by a suggestion from U.S. Federal Reserve chairman Ben Bernanke that the central bank may be done with its monetary stimulus next year. While stocks and commodities took a pounding on the news, the dollar surged. For nearly five years, the Fed has been pursuing an aggressive monetary policy to shore up the U.S. economy, which was battered by the financial ...
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ABN Amros chief executive says Dutch bank is ready to return to the private sector
AMSTERDAM -- The chief executive of ABN Amro says the Dutch bank is ready to be privatized. Gerrit Zalm said on a late-night television talk show Wednesday that the bank is sufficiently capitalized and had remained profitable despite a recession in the Netherlands. "We're ready," said Zalm, a former finance minister. The country's current government has said the earliest ...
On the record
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.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
Sheraton Yankee Trader Hotel, Fort Lauderdale Beach
I had mixed feelings coming back to this old hotel. I had been staying there on-and-off for 20 years, and ...
Keep readingNews Survey
Should tax havens be forced to lift their shroud of secrecy?
Irish Sun
Irish Sun | Breaking Ireland News | Irish SunIrish Sun, the name taken from a newspaper first published in Ireland in 1880, is an online news service providing coverage of people and events in Ireland, and stories related to Irish people and happenings around the world. Since the early 2000s, when the site was launched, the aim has been to provide a comprehensive Irish news coverage, together with international news, and business updates - utilising resources which include in-house journalists, international wire services, and several thousand external news Web sites. At Irish Sun, stories are constantly being added and updated around-the-clock. Whether it be breaking news from Dublin, Cork, Galway, Kilkenny, or anywhere in Ireland, we endevour to bring you the news first. For the very latest in Irish national, global, or business news, we would like to think we are your first choice. We also provide the latest weather for cities across Ireland, a news poll, hotel reviews, and movie reviews. It should be noted Irish Sun is not associated with any newspaper published in the UK or Ireland, nor is it associated with the UK tabloid newspaper The Sun, which has an Irish edition. It is purely an online news portal, and is only connected with other online news services.
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