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UK banks hit by Moody’s downgrade →  October 7, 2011

Shares in Royal Bank of Scotland have opened down following the downgrade Moody’s has downgraded the credit rating of 12 UK financial firms including Lloyds TSB, RBS, Nationwide and Santander UK. Moody’s said it now believed the UK government was less likely to support some firms if they got into trouble. However, the firm emphasised […]

Green groups sue to stop Keystone oil pipeline work →  October 7, 2011

By Timothy Gardner WASHINGTON | Wed Oct 5, 2011 6:53pm EDT WASHINGTON (Reuters) – Environmental groups sued the U.S. government on Wednesday to stop “illegal construction” on a controversial pipeline that would weave through the center of the United States to bring Canadian oil sands crude direct to Texas refineries.   The Center for Biological […]

Thai flooding closes prison, factories; GDP to suffer →  October 7, 2011

By Sinthana Kosolpradit AYUTTHAYA, Thailand | Thu Oct 6, 2011 12:47pm EDT AYUTTHAYA, Thailand (Reuters) – Flooding forced the evacuation of hundreds of inmates from a prison in central Thailand on Thursday and a prominent think tank slashed its forecast for economic growth this year as farmland was inundated and a big industrial estate had […]

Drought-stricken Pacific islands down to last few days of water →  October 7, 2011

WELLINGTON | Thu Oct 6, 2011 11:02pm EDT WELLINGTON (Reuters) – A drought-stricken Pacific island nation is down to its last few days of water, prompting a mercy dash by New Zealand and Australia with water-making equipment.   Tuvalu, the world’s fourth-smallest nation sitting just below the Equator, has declared a state of emergency and […]

→  October 7, 2011

By Tarmo Virki and Reiji Murai HELSINKI/TOKYO | Fri Oct 7, 2011 1:05am EDT HELSINKI/TOKYO (Reuters) – Sony Corp is in talks to buy out Ericsson’s stake in their mobile phone joint venture, a source said, in a bid to catch up with rivals. The move could help Sony recoup ground in the battle against […]

Apple’s board needs to step up to new era →  October 7, 2011

By Poornima Gupta and Sinead Carew SAN FRANCISCO/NEW YORK | Thu Oct 6, 2011 9:30pm EDT SAN FRANCISCO/NEW YORK (Reuters) – The death of Apple Inc’s strong-willed co-founder and Chairman Steve Jobs has put the secretive company’s small board at crossroads.   Business as usual, or time for a change? The first signs of the […]

→  October 7, 2011

By Alex Richardson SINGAPORE | Thu Oct 6, 2011 10:59pm EDT SINGAPORE (Reuters) – Asian stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis. The European Central Bank (ECB) announced aggressive liquidity measures on […]

→  October 7, 2011

Media day is a freak show already. Sports writers hardly need help. Remember, one asked Jim Plunkett, “Is it your mother who’s blind, and your father who’s deaf, or the other way around?” back when the league’s idea of reality TV extended no further than the games themselves. Article source: http://www.boston.com/sports/football/articles/2011/10/06/column_are_you_ready_for_a_freak_show/

→  October 7, 2011

The Big East is staggering right now, as only Louisville, Cincinnati, West Virginia, Rutgers, Connecticut and South Florida remain in football. The league had appeared determined to lure Air Force and Navy, but those possibilities diminished with the instability that came with the news of T.C.U.’s departure to the Big 12. But East Carolina, Central […]

→  October 7, 2011

The report said emergency rooms recorded an increase of visits from 153,375 in 2001 to 248,418 in 2009 among those 19 years old and younger because of traumatic brain injuries sustained in recreational activities. According to the study, the sports most likely to lead to the injuries are bicycling, football, playground activities, basketball and soccer. […]