France lead combined team events as US meets disaster
Liberec, Czech Republic - France led the way after ski-jumping in the world championship Nordic combined team event on Thursday in which the fancied United States met disaster and title holders Finland had to swallow a major handicap. The first US jumper, normal hill bronze medallist Bill Demong, was disqualified as he forgot his bib....

France lead combined team events as US meets disaster

Valdis Dombrovskis named as new Latvian prime minister designate
Riga - Latvian President Valdis Zatlers named Valdis Dombrovskis as the troubled Baltic state's likely new prime minister Thursday. Speaking at Riga castle, Zatlers chose the 38-year-old from the New Era party over regional affairs minister Edgars Zalans of the People's Party, the other candidate remaining in the race after days of...

Valdis Dombrovskis named as new Latvian prime minister designate

German unemployment rises again as recession bites
Berlin - Despite signs that the global recession was tightening its grip on Germany, unemployment in Europe's biggest economy rose less than expected in February, data released Thursday showed. The Nuremberg-based labour office said the nation's dole queues swelled by a seasonally adjusted 40,000 this month to 3.311 million after the...

German unemployment rises again as recession bites

OPEC oil price climbs to 40.50 dollars
Vienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose to 40.50 dollars Wednesday, the Vienna-based organization announced Thursday. One barrel (159 litres) of OPEC-produced crude oil gained 1.55 dollars Wednesday. OPEC calculates a basket price based on 12 brands produced by its...

OPEC oil price climbs to 40.50 dollars

Telefonica posts profit of 7.6 billion euros despite crisis
Madrid - The Spanish telecommunications giant Telefonica posted a net profit of 7.6 billion euros (9.7 billion dollars) in 2008, down 14.8 per cent from 2007 but above forecasts. The 2007 profit had been boosted by extra income from the sales of subsidiaries such as Endemol and Airwave, the company explained Thursday in a press...

Telefonica posts profit of 7.6 billion euros despite crisis

Porsche Panamera to sell for 94,575 euros
Stuttgart - Porsche's first sedan, the Panamera, will sell for a basic price of 94,575 euros (121,600 dollars) with the car celebrating its world debut at the Auto China in Shanghai in March, company has announced. The basic Panamera S comes with the V6 engine from the Cayenne SUV with an output of 221 kW/300 hp. The Panamera 4S...

Porsche Panamera to sell for 94,575 euros

2009's sexiest gadgets premiere at three big fairs
Hanover, Germany - It's that geeky time of the year, as the world's biggest three computing, mobiles and digital fairs get "early adopters", as the industry calls them, excited about the latest trends in electronic devices. At the Consumer Electronics Show (CES) in Las Vegas, tech writers went into raptures last month over...

2009's sexiest gadgets premiere at three big fairs

Flights cancelled as Greek air traffic controllers strike
   Athens - Flights to and from Greece were halted Wednesday as air traffic controllers were to walk off the job for three hours to join a 24-hour public sector strike to protest pension reforms and low salaries.    All flights to and from Greek airports were scheduled to be grounded from 10 am to 1 pm (0900 to 1200 GMT), forcing the...

Flights cancelled as Greek air traffic controllers strike

Exports lead German plunge into recession
Berlin - A sharp slump in German exports in the final three months of last year helped to send Europe's biggest economy deep into recession, data released Wednesday showed. Exports tumbled by 7.3 per cent quarter on quarter in the last three months of the year with company investment in plant and machinery falling by 4.9 per cent,...

Exports lead German plunge into recession

Controversial bishop at centre of Holocaust denial back in Britain
London - A Roman Catholic bishop at the centre of an international row over the denial of the Holocaust arrived back in his native Britain Wednesday after being asked to leave Argentina. Richard Williamson, 68, stepped off a British Airways plane from Buenos Aires early Wednesday at London's Heathrow airport. Denial of the...

Controversial bishop at centre of Holocaust denial back in Britain

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Today is Thursday, June 5
the 157th day of 2008 with 209 to follow. The moon is waxing. The morning stars are Venus, Jupiter, Neptune and Uranus. The evening stars are Mercury, Mars and...

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Apple Starts Feeling the Bitter Taste of the Economic DownturnApple Starts Feeling the Bitter Taste of the Economic Downturn
Apple had managed to surprise market researchers during the past several months, as the Cupertino-based company had reported very good sales figures. Moreover, Apple...

Apple Starts Feeling the Bitter Taste of the Economic Downturn
 
 
A culinary journey through CreteA culinary journey through Crete
 Almost as soon as you set foot on the southern Mediterranean island of Crete the poignant smell of oregano, wild flowers and wild teas tickles your senses while the...

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