Archive for the ‘World News’ Category

Taipei company sues Apple over touch screen patents

Thursday, April 9, 2009, 22:01
World News
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San Francisco - Taipei-based company Elan Microelectronics has sued Apple for the alleged infringement of two of its touch screen patents in the iconic US technology company's iPhone and other devices. The suit was filed Tuesday in the US District Court in San Francisco, close to Apple's Silicon Valley headquarters, court papers posted Wednesday showed. Elan, which makes touchpads, claims it owns the patents covering the touch ... Full story

Germany fines Microsoft for imposing price of MS Office

Thursday, April 9, 2009, 22:01
World News
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Bonn, Germany - German's main competition agency, the Federal Cartel Office, fined US software company Microsoft 9 million euros (12 million dollars) Wednesday for imposing a retail price for its Office Home and Student 2007 software. Microsoft said it would pay the fine to avoid a lengthy legal dispute and was reviewing its internal processes in Germany to ensure they complied with German ... Full story

Senior Fatah, Hamas leaders meet in Gaza

Thursday, April 9, 2009, 22:01
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Gaza - Leaders of the rival Hamas and Fatah movements held a meeting in Hamas-ruled Gaza on Wednesday to discuss reconstruction of the Gaza Strip and mutual reconciliation. The meeting between the two movements' leaders is the first of its kind since Hamas's takeover of the Gaza Strip in the summer of 2007 following weeks of bloodshed between the two groups' warring militants. Four Fatah leaders, ... Full story

Study: BMI and waist size influence heart failure risk

Thursday, April 9, 2009, 22:01
World News
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According to a new study related to belly fat and heart failure, the body mass index (BMI) and the waist size of people influence their risk of being hospitalized with the heart failure condition or even death from the same. The findings of the study indicated that each additional BMI point increased the risk of heart failure hospitalization or death by 3 percent in women and ... Full story

After TV suicide, actor finds new life in White House

Thursday, April 9, 2009, 22:01
World News
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Los Angeles - After a sudden suicide in the hit US TV medical drama House MD, actor Kal Penn found a new role Wednesday in the White House where he will work as a liaison to several ethnic communities and the arts world. Penn, 31, who also starred as an inveterate stoner in the hit Harold and Kumar film franchise, told CNN that he will ... Full story

Qadhafi files civil lawsuit against Geneva: report

Thursday, April 9, 2009, 22:01
World News
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Geneva - Libya has filed a civil lawsuit against the Canton of Geneva for arresting last year the son and daughter-in-law of the Libyan leader Muammar al-Qadhafi, the Swiss TSR channel reported Wednesday. The lawsuit, for over 500,000 francs (437,000 dollars), alleges the manner of the arrest was disproportionate and violated international regulations related to diplomacy. In July last year, employees at a Geneva hotel called ... Full story

Author Vargas Llosa: Fujimori verdict sends warning to dictators

Thursday, April 9, 2009, 22:01
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Lima - Peruvian author Mario Vargas Llosa on Wednesday joined celebrations of the historic ruling that ordered former Peruvian president Alberto Fujimori to 25 years in jail for human rights abuses and crimes against humanity. For the author of "Aunt Julia and the Scriptwriter" and "Conversation in the Cathedral," among other works, the decision is a great precedent not just for Peru, but for all ... Full story

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EXTRA: Report: US crew retakes ship from pirates

Thursday, April 9, 2009, 22:01
World News
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Washington - Crew members may have retaken control of a US- operated ship that was hijacked off the coast of Somalia, CNN reported Wednesday citing an unnamed Pentagon official. The ship with 21 US crew members on board was taken by Somali pirates early Wednesday morning. At least one of the pirates had been taken into custody by the crew and another three of the ... Full story

Report: Cyber spies infiltrate key US systems

Thursday, April 9, 2009, 22:01
World News
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New York - Cyber spies from China, Russia and elsewhere have infiltrated the US electrical grid and other key infrastructures and have the ability to disrupt them during a crisis or war, the Wall Street Journal reported Wednesday. Quoting current and former national-security officials, the report said that the intruders haven't sought to damage the power grid or other key infrastructure yet, but had laid the ... Full story

Italian government fails in bid to extend migrant detention period

Thursday, April 9, 2009, 22:01
World News
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Rome - Italian lawmakers rejected a bid Wednesday to triple the amount of time illegal immigrants can be detained in holding centres, in a rare defeat for Prime Minister Silvio Berlusconi's ruling coalition. In a narrow vote, opposition deputies - joined by some members of Berlusconi's own conservative coalition - voted against extending the period from two months to six months. The opposition amendment to a ... Full story

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ACOG clarifications on HPV test vis-à-vis Pap Smears

Thursday, April 9, 2009, 22:00
World News
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With the New England Journal of Medicine's last week published study about a newer DNA test for human papillomavirus (HPV) being more effective in detecting cervical cancer than the conventional Pap Smears - which involves a small scraping of cells from the cervix- a lot of questions have arisen about whether the HPV test will substitute Pap Smears! As women suffering from cervical cancer are ... Full story

Canada surgeons stop baby heart transplant; donor breathed on own

Thursday, April 9, 2009, 22:00
World News
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New York/Toronto - The parents of a two-month-old baby wanted to donate the heart of their severely brain-damaged daughter for another baby, but physicians in Toronto cancelled the transplant at the last minute. The reason was the strength of Baby Kaylee's heart and lungs. The baby continued to breathe without the respirator, the Toronto Star reported on Wednesday. "We assess the situation on a moment-by-moment, day-by-day ... Full story

Croatia to hold new talks with Slovenia on border dispute

Thursday, April 9, 2009, 22:00
World News
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Berlin - Croatian Prime Minister Ivo Sanader said Wednesday that he would hold fresh talks with Slovenia later this month in a bid to resolve the border dispute between the two neighbours. The meeting would be with Slovenian Prime Minister Borut Pahor, Sanader told a news conference after talks with German Chancellor Angela Merkel in Berlin. The two leaders met recently but failed to achieve a breakthrough ... Full story

USD/JPY Daily Commentary for 4.8.09

Thursday, April 9, 2009, 22:00
World News
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The USD/JPY is wrestling with the almighty 100 level again today after briefly dropping below. The USD/JPY strengthened slightly after Japan released a better than excepted trade balance. However, the optimism is faint since a record decline in imports is responsible for the improvement. Therefore, consumers are tightening their budgets as the economic downturn picks up steam. Japan continues to be the hardest hit in the ... Full story

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Camilo Villegas: A Latin American candidate to take the Masters

Thursday, April 9, 2009, 21:59
World News
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Augusta, Georgia - Camilo Villegas gets to the Masters in Augusta as the new star of Latin American golf, but the Colombian knows that good players are defined by their performances in Majors. "I still have a long way to go to get where (the Argentine Angel) Cabrera is," Villegas told German Press Agency dpa. "He sleeps with a US Open trophy by his bed, ... Full story

GBP/USD Daily Commentary for 4.8.09

Thursday, April 9, 2009, 21:59
World News
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The Cable continues to show relative strength on the back of surprisingly positive data surfacing from Britain over the past couple weeks. The GBP/USD kept its cool yesterday despite the broad selloff in U. S. equities and the Cable is running with the EUR/USD and U. S. equities Wednesday morning. We expect to see the Cable's strength continue as long as Britain's data outperforms and its ... Full story

EUR/USD Daily Commentary for 4.8.09

Thursday, April 9, 2009, 21:59
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The EUR/USD is strengthening after yesterday's large losses in the wake of a better than expected trade balance number out of Germany coupled with encouraging German factory orders data. Germany's trade balance seems to be bottoming out, indicating stabilization in its export industry. Though Germany's factory orders data came in below analyst expectations, the number shows a vast improvement from 2009's previous releases. Germany and France ... Full story

Goodricke Group to venture into ready-to-drink tea segment

Thursday, April 9, 2009, 21:59
World News
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One of India's foremost tea sector firms, the Goodricke Group Ltd is planning to venture into the value-added segment of ready-to-drink teas, by the end of this year. As a result, over a period of three years, the company's current six million kg sale of tea through packets will likely increase to ten million kg. In 2008, the packet tea-related operations of Goodricke showed a sustained ... Full story

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Gold Daily Commentary for 4.8.09

Thursday, April 9, 2009, 21:59
World News
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Gold continued its oversold rise yesterday while U. S. equities logged heavy losses. However, the precious metal is turning south again as the S and P futures find solid support in their key 800 psychological level. Therefore, the negative correlation between the two appears to be active once again. However, the relation between the two has been scattered and unreliable as of late. On one hand, ... Full story

EXTRA: Prosecutor accuses Hezbollah of plotting attacks in Egypt

Thursday, April 9, 2009, 21:59
World News
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Cairo - A public prosecutor in Cairo on Wednesday accused Hezbollah of plotting attacks in Egypt, the Interior Ministry said. Egypt's domestic intelligence agency, State Security Investigations, supplied the prosecutor with information indicating that leaders of Hezbollah, the Lebanese Islamist group, sent members to Egypt to gather recruits for its organisation, a source in Egypt's Interior Ministry told the German Press Agency dpa on Wednesday, ... Full story