Stories for 2011

Wednesday, March 2nd 2011 - 17:21 UTC
Insurers’ bill for the New Zealand earthquake climbs to 12 billion USD

One of the world's biggest re-insurers Swiss Re described the New Zealand earthquake as a ''significant event'' for the global insurance industry, as it warned insurance losses from the disaster could top 12 billion US dollars.
Wednesday, March 2nd 2011 - 17:14 UTC
Car sales soar in the US during February, particularly GM and Toyota

Sales of new vehicles jumped markedly in the United States in February, with sales by the world's two biggest automakers up the most.
Wednesday, March 2nd 2011 - 15:42 UTC
Range Rover Evoque awarded the title of best “Car Design of the Tear”

The Range Rover Evoque has been awarded the title of Best Production Car in the 2010 Car Design News, Car Design of the Year awards. This highly regarded accolade is the first major international award for the Range Rover Evoque, which is shaping up to be one of the most exciting cars of 2011.
Wednesday, March 2nd 2011 - 15:29 UTC
Airlines profits to drop 50% from 2010 because of rising oil prices, says IATA

Airlines stand to earn almost 50% less this year than in 2010 as rising oil prices limit the benefits of a rebounding economy, anticipated IATA.
Wednesday, March 2nd 2011 - 07:20 UTC
Latin America challenges to be discussed at IDB annual meeting in Canada

Inter-American Development Bank (IDB) will hold its Annual meeting in Calgary, Canada, from March 25 to 28, with the participation of top government authorities from the Bank’s 48 member countries, including several finance ministers and central banks chiefs.
Wednesday, March 2nd 2011 - 07:17 UTC
Presidenta Rousseff: “Brazilian young girls can now aspire to become president”

President Dilma Rousseff praised Brazilian women on a popular television program for having helped her “open the path for all young girls who dream of becoming president” and reiterated her administration’s commitment to combat poverty which has the face of ‘women and children’.
Wednesday, March 2nd 2011 - 07:14 UTC
Argentine president promises to keep pushing ‘permanently’ for Malvinas

Argentina’s claim of the Malvinas Islands only had a brief specific mention in President Cristina Fernandez de Kirchner Tuesday address to Congress where she outlined the achievements of her administration and plans for the remaining nine months of her four year mandate.
Wednesday, March 2nd 2011 - 07:00 UTC
Cuban reforms delayed: who and how do you sacks half a million state workers?

Cuba's plans to lay off half a million state workers by the end of March are behind schedule, President Raul Castro has acknowledged. Castro, quoted by state television, said the timetable for the cuts would be altered to soften their impact.
Wednesday, March 2nd 2011 - 06:55 UTC
LSE investigating if one of Gaddafi’s sons plagiarised his PhD thesis

The London School of Economics is investigating evidence that Colonel Gaddafi's son plagiarised his PhD thesis before it took a 2.4 million US dollars donation from his charitable foundation.
Wednesday, March 2nd 2011 - 06:44 UTC
New Zealand incorporates second Antarctic patrol vessel with flying colours

New Zealand’s newest offshore patrol vessel and its crew experienced all Antarctica could throw at them during the past three weeks and passed with flying colours, the navy says.