Foo Fighters Breakup: Band Releases Hilarious Spoof Video To Kill Rumors
Rumors of the band breaking up started doing the rounds after frontman Dave Grohl’s solo performance Sunday at the Oscars.
US Retailer Sports Authority Files For Bankruptcy Under Chapter 11
The American sporting goods retailer has been in debt since a $1.3 billion buyout in 2006 turned the company private.
‘Longest Flight’ Lands In New Zealand As Gulf Carriers Compete For Flight Length Amid Slowing Growth Prospects
As options for growth diminish in the aviation sector, some carriers — especially from the Persian Gulf — are trying to fly ever-longer flights.
Year In Space: US Astronaut Scott Kelly, Russian Cosmonaut Mikhail Kornienko Back On Earth
U.S. astronaut Scott Kelly, above, and Russian cosmonaut Mikhail Kornienko spent 340 days aboard the International Space Station.
Moody’s Cuts China Government Bond Outlook From Stable To Negative
The rating agency cited increasing government debt, lower foreign exchange reserves and uncertainty about reforms as reasons.
Refugee Crisis: Germany Holds Job Fair To Integrate Migrants
The aging population in Europe’s biggest economy, which saw the arrival of 1 million refugees in 2015, has led to a chronic manpower shortage.
India’s Annual Budget: Focus On Agriculture, Rural Economy, Infrastructure
The country’s budget for the 2016-17 financial year, announced Monday, addressed its rural economy ahead of key state elections later this year.
Japan’s Population Declines By 0.7% From 2010, First Fall Since 1920
Despite an increasing number of non-Japanese residents, official population figures fell 0.7 percent from five years ago.
India’s GDP To Grow At 7-7.75% Next Year, 7.6% In Current Year, Economic Survey Says
The annual Economic Survey, prepared by the country’s chief economic advisor, also projected a growth rate of 7.6 percent in the ongoing fiscal year.
Startup Investments In India Not Showing Any Signs Of Slowing Down
Despite a slower fourth quarter in 2015, venture capitalists expressed confidence in the Indian startup ecosystem.
Jamaica Election 2016: Economic Concerns Could Influence Votes In Caribbean Country
Economic issues are expected to influence voters significantly as they elect a new national government Thursday.
India Caste Unrest: Army Takes Control Of Capital’s Water Supply, Protest Winding Down
Ongoing caste protests in a neighboring state had cut off the water supply to New Delhi, leading to rationing and closure of schools Monday.
North Korea Sanctions: Some Chinese Banks Begin To Freeze Accounts, Report Says
The move, started by some banks in December, is also expected to affect Chinese businesses that operate in the reclusive East Asian country.
Condoms Not Mandatory In Porn Films, California Workplace Safety Board Votes
The California Occupational Safety and Health Standards Board voted down a proposed regulation that the pornography industry was rallying against.
Refugee Crisis: EU, Turkey To Discuss Border Control Measures In March Meeting
Discussions would focus on a joint plan aimed at stemming the inflow of refugees into the European Union.
Indian National Flag To Fly ‘Prominently And Proudly’ At Universities In The Country
Government-funded universities have been ordered to fly the national flag as the administration seeks to clamp down on student protests that some have criticized as anti-national.
IBM (IBM) To Acquire Truven Health Analytics For $2.6B
The purchase of Michigan-based Truven Health Analytics will mark the technology giant’s fourth health data-related acquisition in the past year.
China Inflation Rose In January, Buoyed By Food Prices, But Deflationary Pressures Continue
The uptick in consumer prices was partly due to the Lunar New Year holiday. The decline in wholesale prices also slowed last month.
Oil Output Freeze Decision At Risk As Iran Says It Will Increase Production
The country said it was illogical for it to freeze its crude production, as Russia, Saudi Arabia, Venezuela and Qatar agreed to do.
Currency Moves: Indian Rupee Falls To 2.5-Year Low Against Dollar, Other Asian Currencies Weaken Too
Foreign fund outflows from Indian stock markets and higher demand for the U.S. dollar from importers contributed to the slide.
Oil Prices: Saudi Arabia, Russia, Venezuela and Qatar Agree To Freeze Crude Output At January Levels, Brent Falls
A conditional agreement among Saudi Arabia, Russia, Venezuela and Qatar at a Doha meeting dashed expectations of a production cut, leading to a fall in crude prices.
Vodafone India Asked To Pay $2.1B Tax Or Face Asset Seizure
India’s tax department warned it may seize the company’s assets if it does not pay a disputed tax bill that dates back to 2007.
HSBC May Move 1,000 Jobs To Paris If UK Votes To Leave EU
If Britain were to leave the European Union, HSBC says it might move some jobs in its markets unit, while keeping its headquarters in London.
BAE Systems Appoints Charles Woodburn COO As Part Of Succession Plan
Charles Woodburn, an outsider to the defense industry, is widely expected to take over as CEO from Ian King.
Boeing, Airbus Bank On China For Growth Amid Slowdown In Southeast Asia
The plane manufacturers are pinning their hopes on China as budget airlines in Asia and India could delay taking deliveries of aircraft they ordered during better times.
Trains Collide Head-On In Germany, Several Deaths, Injuries Reported
At least 80 people were injured after two passenger trains collided head-on early Tuesday in the southern state of Bavaria.
Viacom, Snapchat Strike Exclusive Multiyear Advertising Deal: Report
The move could help Snapchat attract more big advertisers to the millennial-focused platform, the Wall Street Journal reported.
India’s GDP Growth Data: Numbers Divorced From Reality?
Many analysts expressed skepticism about India’s GDP data, saying it may have overestimated growth.
Myanmar Elections: Can Aung San Suu Kyi Be Named Next President?
Negotiations are ongoing to remove constitutional hurdles that prevent Aung San Suu Kyi from becoming the next president of Myanmar. Parliament will announce presidential nominees on March 17.
Haiti’s President Michel Martelly Steps Down, No Successor In Place
Amid political uncertainty, carnival celebrations in the country were delayed as violent protests led to the cancellation of the first day of festivities.