International

• Monday, November 9th 2009 - 07:59 UTC

  Smart eyewear - with real time translation - for sales people

  

  Spectacles that can provide subtitles have been created by hi-tech firm NEC. Resembling glasses but lacking lenses, the headset uses a tiny projector to display images on a user's retina.

• Monday, November 9th 2009 - 07:52 UTC

  British PM Brown “Tobin tax” suggestion rebuffed

  

  British Prime Minister Gordon Brown suffered an embarrassing rebuff when he floated the prospect of a new tax worldwide, only to have it flatly and publicly rejected by the United States and other major financial players.

• Saturday, November 7th 2009 - 16:12 UTC

  British Airways reports record loss and faces threat of strikes

  

  British Airways reported a record pre-tax loss Friday of more than 485 million US dollars, another setback for the airline as it faces the threat of strikes over the Christmas period.

• Saturday, November 7th 2009 - 14:50 UTC

  Roubini warns of an assets bubble because of the dollar-carry trade

  

  The prevalent dollar-carry trade, in which investors borrow US dollars at 0% interest rates, to park in risky assets across the globe could come to an end in the foreseeable future, which may result in a major crash in such risky asset classes such as equities and commodities, according to economist Nouriel Roubini.

• Saturday, November 7th 2009 - 07:07 UTC

  EU/Mercosur round of talks agree negotiations remain stalled

  

  The European Union and Mercosur closed on Friday a three-day round of talks unable to re-launch the stalled trade negotiations, although both sides were quick to point out to the “advances” of the last five years.

• Friday, November 6th 2009 - 16:35 UTC

  Bank of England to pump extra £ 25 billion to the economy

  

  The Bank of England voted on Thursday to pump an extra £25 billion into the economy amid concerns over getting the UK's faltering recovery out of recession. The quantitative easing (QE) program aimed at increasing the money supply and helping the economy no stands at £ 200 billion.

• Thursday, November 5th 2009 - 06:20 UTC

  Interpol suggests mediation between Argentina and Iran over terrorist attack

  

  France based Interpol proposed Argentine and Iranian authorities meet at Interpol's General Secretariat Headquarters in Lyon, central-south France, to unlock the judicial stalemate of the 1994 AMIA terrorist bombing in Buenos Aires.

• Thursday, November 5th 2009 - 06:13 UTC

  Bailing out UK banks has cost each British family £ 4.350 claim Tories

  

  The British government’s plan to pump a further £25.5 billion of taxpayers’ money into Royal Bank of Scotland means the cost of the banking bailout has reached £4,350 for every family in the UK.

• Thursday, November 5th 2009 - 05:51 UTC

  Strict cuts and rules for British MPs allowances

  

  British Members of Parliament should no longer be able to claim for their mortgages or employ family members at the taxpayers' expense, the long-awaited report by the standards watchdog has said.

• Thursday, November 5th 2009 - 05:42 UTC

  Chinese company buys oil assets in the US for the first time

  

  Chinese energy giant China National Offshore Oil Corporation (CNOOC) has bought oil assets in the US for the first time. CNOOC purchased limited stakes in four deepwater exploitation licences in the Gulf of Mexico from Norway's Statoil. The size of the deal is secret, but Statoil said it was small.