Friday, January 28, 2005 New York —American manufacturing giant Proctor & Gamble (P&G) plans to acquire Gillette Co. for US$57 billion in stock. The purchase plan calls for P&G to swap 0.975 shares of its stock per share of Gillete Co. P&G also announced a stock buyback program in which they would purchase up to […]
April 27, 2005 The world’s largest passenger aircraft, the Airbus A380, has made its maiden flight after lifting off from Toulouse in France. The take-off, at 08:30 UTC, was apparently normal and took place exactly on time. The aircraft flew into clear blue skies with a flight crew of six (all wearing parachutes as a […]
Thursday, December 1, 2011 Today saw Edinburgh’s Scottish National Portrait Gallery reopen following a two-and-a-half-year, £17.6m (US$27.4m) refurbishment. Conversion of office and storage areas sees 60% more space available for displays, and the world’s first purpose-built portrait space is redefining what a portrait gallery should contain; amongst the displays are photographs of the Scottish landscape—portraits […]
Thursday, December 23, 2010 China has said it is prepared to support eurozone countries during the financial crisis that has hit the sixteen member states. The country’s foreign ministry spokesperson Jiang Yu said: “We are ready to support the eurozone to overcome the financial crisis and realise economic recovery.” Several of the eurozone’s member states […]
Friday, July 15, 2011 On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil. The Wall Street Journal reported earlier that recent comments from the […]
Wednesday, December 17, 2008 The United States Supreme Court on Monday ruled that “tobacco companies that marketed ‘light’ and ‘low tar’ cigarettes may be sued for fraud.” The 5-to-4 judgment is expected to open the way for dozens of lawsuits claiming billions of dollars in damages. In the certiorari ruling penned by Justice Stevens, the […]
Wednesday, October 5, 2016 The Singaporean branch of the World Wildlife Fund (WWF) published a guide yesterday critiquing the practices employed to catch seafood destined for sale in the country. According to the publication, three-quarters of the more than 40 species of seafood commonly consumed by Singaporean residents were obtained in a manner detrimental to […]
Wednesday, June 6, 2018 On Monday, United States technology giant Microsoft announced their plans to acquire GitHub, a San Francisco, California-based web-based hosting service for software version control using Git, for 7.5 billion US Dollars (USD). In the official announcement at the Microsoft News web site, the company said they are to reach agreement with […]
Thursday, March 13, 2008 Members of Australia’s Health Services Union (HSU) will go on strike in Victoria next week in a dispute over stalled wage and career structure negotiations. Over 5000 physiotherapists, speech pathologists and radiation therapists will walk off the job next week, effectively closing the state’s 68 largest health services. The strike will […]
Thursday, February 22, 2007 In the largest study of its kind, a genetic analysis of 1,168 families with multiple cases of autism has identified genetic links to autism. A previously overlooked stretch of DNA on chromosome 11 implicates a gene called neurexin 1 and increases the evidence for the involvement of neurexins and genes related […]