International

• Thursday, February 10th 2011 - 05:55 UTC

  London and Toronto tie-up plan to create world’s largest mining and energy stock market

  

  The London Stock Exchange is to buy Canada's TMX to claw back lost market share and create the world's fourth-largest bourse trading 4.1 trillion US dollars of stock a year.

• Thursday, February 10th 2011 - 01:06 UTC

  Hong Kong residential property the “most expensive in the world”

  

  The Global Cities Survey, published by Savills PLC, reported last week that Hong Kong residential property is now the most expensive in the world. Based on the property price index contained in the survey, residential property in Hong Kong is 55% more expensive than property in London.

• Wednesday, February 9th 2011 - 06:39 UTC

  Egypt discovers a cyber hero for its anti Mubarak revolution

  

  In Wael Ghonim, Egypt's anti-Mubarak street movement finally found a hero to rally around after a period of leaderless protest. The Egyptian-born Google marketing executive first played a role in organising the opposition through Facebook, only to disappear into police custody for 12 days.

• Tuesday, February 8th 2011 - 23:58 UTC

  Falklands’ war carrier HMS Invincible towed to a Turkish scrap-yard

  

  The Royal Navy aircraft carrier HMS Invincible which had a leading role in the recovery of the Falkland Islands in 1982 has been sold to a Turkish scrap-yard which specialises in recycling ships.

• Tuesday, February 8th 2011 - 21:17 UTC

  Ensco becomes the world’s second largest off-shore drilling company

  

  UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.

• Tuesday, February 8th 2011 - 19:53 UTC

  Australia natural disasters costs forecasted to wipe growth in two quarters

  

  Floods in Australia have dragged business conditions particularly in Queensland to depths not seen since the global financial crisis, according to a local analysis that offered a more pessimistic view than the government’s assessments.

• Tuesday, February 8th 2011 - 19:47 UTC

  In less than a decade Asia will account for 65% of all vehicles sold

  

  India is likely to take the fourth position in the global automotive market by 2015, according to a study conducted by Booz & Co. Currently that spot is held by Brazil, another emerging market, which is likely to give India a challenge.

• Tuesday, February 8th 2011 - 18:16 UTC

  German cadet death that triggered “mutiny” in training ship was “unfit for duty”

  

  The 25-year-old female cadet who died after falling from rigging on the German training ship Gorch Fock was unfit for duty because of her weight, according to German media reports on Tuesday.

• Tuesday, February 8th 2011 - 18:13 UTC

  Reported shark attacks increased globally 25% during 2010

  

  The number of reported shark attacks in 2010 increased globally but declined in the state of Florida, the shark capital of the world, according to an annual report released Monday by the University of Florida’s International Shark Attack File.

• Tuesday, February 8th 2011 - 17:31 UTC

  Meryl Streep plays Lady Thatcher leading up to the Falklands’ conflict

  

  The first photo of Meryl Streep as former British Prime Minister Margaret Thatcher was released by Pathé UK Tuesday. Streep is currently filming “The Iron Lady” in London which focuses mainly on the period immediately prior to the Falkland Islands conflict.