Archive for ‘April, 2010’

BP shares keeps falling during Gulf oil rig disaster

BP shares keeps falling during Gulf oil rig disaster

On Early Friday, BP shares continuously felt as the company feels the result of the massive oil spill from an exploratory well in the Gulf of Mexico. In early trading on London Stock Exchange, BP shares were down with two percent, immediately a day after dropping of seven percent in London. On April 20th, shares [...]

Ex-Chirac ally of France convicted for corruption

Ex-Chirac ally of France convicted for corruption

On Friday, a French court slapped a one-year suspended sentence on Charles Pasqua, a former ally of President Jacques Chirac. Charles Pasqua was charged with corruption while he worked as a government minister. The 83 years old senator was cleared of three courts of corruption involving bribery charges and kickbacks  paid while he served as [...]

Global climate conference of 45 Countries to be held in Mexico and Germany

Global climate conference of 45 Countries to be held in Mexico and Germany

Mexico and Germany is planning to set up a conference of 45 countries this weekend for negotiating on the global climate deal. Both countries decided to invite ministers and high authorities from all around the world to the Bonn meeting which is starting this Sunday to Build trust and for good expected result at the [...]

Israeli soldiers kill Palestinian protester

Israeli soldiers kill Palestinian protester

While the protesters were rallying along the border with Israel, Israeli forces fired openly at protesters, killing a Palestinian teenager. The boy killed was identified as a 19-year old Palestinian,called Moaweya Hassanein. Gaza officials said that the Israeli troops open fired at protesters, and killed the Palestinian, near eastern Gaza strip and Israel. Emergency services [...]

British bank Barclays cuts down 250 jobs in India

British bank Barclays cuts down 250 jobs in India

Mumbai – According to a corporate spokesperson, the British Bank Barclays has gone for a cut down on 250 jobs in India while 50 to 55 bank personnel have either resigned or have been reassigned in the bank in the previous weeks. In 2009, about 240 people were temporarily discharged off the work, and this [...]

British Govt warns nationals against travel to Thailand

British Govt warns nationals against travel to Thailand

On Tuesday, the London government extended a warning against visiting Thailand, urging its citizens to avoid all but essential travel to the whole country due to the violently occurring  incidents of an unpredictable nature. It came after officials last week warned against visiting Bangkok following a series of grenade attacks in the capital of Thailand Recently [...]

India Pakistan talks possible in SAARC Summit

India Pakistan talks possible in SAARC Summit

The Indian and Pakistani Prime ministers are expected to meet for talks on the sidelines of a regional meeting during the ongoing Sixteenth SAARC summit. The meeting could be held on Thursday according to a indian official. The relations between the two nuclear powers are running sore since the attack in Mumbai in 2008. The [...]

Goldman CEO Lloyd Blankfein has no plans to resign

Goldman CEO Lloyd Blankfein has no plans to resign

Washington – The Chief Executive of the Goldman Sachs, Lloyd Blankfein, has undergone a stringent cross examination by the legal council in the city for an 11-hour Senate hearing on Tuesday about the firm’s practices. He said in the interview held by ABC on “Good Morning America” on Wednesday that he has not thought of [...]

Palestinians ban ‘Israeli settlement goods’

Palestinians ban ‘Israeli settlement goods’

The boycott campaign has been started with the sole intention of discouraging trade with companies , which are part of West Bank settlements. The sale of products manufactured in the occupied West bank , is considered to be illegal, as per the new law passed by Palestine. On Monday,the new law has also been signed [...]

Indian Diplomat held for spying

Indian Diplomat held for spying

A senior Indian woman diplomat of the Indian High Commission in Islamabad, has been arrested for passing Indian state secrets since the past two years, to Pakistan intelligence agencies. Madhuri Gupta, a diplomat of the level of second secretary and a IFS Group B officer was posted in the press wing of the Indian High [...]