• Holcim makes claim against Venezuela over nationalized assets

    23/03/2009 05:00

    Holcim Ltd., the world’s second-biggest cement maker, started legal proceedings against Venezuela, demanding full market price for assets nationalized by President Hugo Chavez’s government. The Switzerland-based company is seeking...

  • AIG’s SE Asian president says bonus rage unfair

    AIG’s SE Asian president says bonus rage unfair

    23/03/2009 05:00

    New York-based AIG, which received a US$173 billion federal bailout, sparked an outcry by paying $165 million in bonuses this month to employees of the financial products unit that almost bankrupted the company...

  • UK reality TV star Jade Goody is dead

    UK reality TV star Jade Goody is dead

    23/03/2009 05:00

    Jade Goody, whose “racist” comments against Indian actress Shilpa Shetty on reality television drew huge media attention, died of cervical cancer Sunday. A video grab shows Big Brother contestant Jade Goody giving an interview after leaving the...

  • AIG top employees agree to return big bonuses

    AIG top employees agree to return big bonuses

    23/03/2009 05:00

    Fifteen of 20 top employees who received some of the biggest bonuses from American International Group (AIG) have agreed to return them back in full, which is more than 30 million dollars, New York Attorney General Andrew Cuomo said on Monday. A...

  • Vitamin D supplements associated with reduced fracture risk in older adults

    Vitamin D supplements associated with reduced fracture risk in older adults

    23/03/2009 05:00

    Oral vitamin D supplements at a dose of at least 400 international units per day are associated with a reduced risk of bone fractures in older adults, according to results of a meta-analysis published Monday in the U.S. journal Archives of Internal Medicine....

  • Venezuelan central gov’t takes full control of air, maritime ports

    Venezuelan central gov’t takes full control of air, maritime ports

    22/03/2009 05:00

    Venezuelan President Hugo Chavez announced on Saturday that the central government has taken over all the country’s maritime ports and airports from local governments. Venezuelan President Hugo Chavez speaks at Miraflores palace in Caracas March 21,...

  • World economy to shrink by 1-2 percent in 2009: WB

    World economy to shrink by 1-2 percent in 2009: WB

    22/03/2009 05:00

    The world economy is set to shrink by 1 to 2 percent this year, World Bank President Robert Zoellick said at a conference here on Saturday. Referring to an International Monetary Fund (IMF) forecast, Zoellick said such a worldwide economic...

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