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World - In a pickle: London`s `Gherkin` tower in receivership


London`s landmark `Gherkin` office tower, one of the most recognisable sights on the British capital`s skyline, has been placed into receivership, accountants said Thursday. The 41-storey block in London`s financial district was bought by German property firm IVG Immobilien in 2007 but the business has suffered from debt since the financial crisis. `The senior lenders were reluctant to appoint a receiver but felt they had no choice due to the ongoing defaults,` joint receiver Neville Kahn said in a statement. Swiss Re sold it to IVG Immobilien for £600 million ($1 billion, 730 million euros).


Thursday, April 24, 2014  18:33

Yahoo

World - Calls for Roche to cut price of breast cancer drugs


Pharmaceutical giant Roche was on Wednesday urged to cut the cost of a groundbreaking breast cancer drug that the NHS is set to phase out in 2016. NHS watchdog NICE recommended that the use of trastuzumab emtansine be stopped due to its £90,000 cost, even though it can add months of life to women dying of breast cancer. It is currently available in England under the Cancer Drugs Fund, but this will end in 2016. The drug, which attacks cancerous cells from within thus avoiding many of the side effects of chemotherapy, could potentially help a fifth of breast cancer sufferers.


Wednesday, April 23, 2014  04:17

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World - Arsenal have `oil in the engine`, Wenger says


Kingston upon Hull (United Kingdom) (AFP) - Arsenal manager Arsene Wenger hopes the returns of key midfielders Mesut Ozil and Aaron Ramsey will help his side secure their place in the Premier League`s top four. Ozil, the club`s £42.5 million ($70.7 million, 51.6 million euros) record signing, returned to action after missing seven matches with a hamstring injury as Arsenal won 3-0 at Hull City on Sunday. The German was overshadowed, however, by Ramsey, who had a hand in all three goals as Arsenal recorded a victory that kept them in front of Everton in the tussle for the final Champions League place.


Monday, April 21, 2014  03:33

Yahoo

World - UK and US working on tougher possible sanctions for Russia


British Prime Minister David Cameron on Thursday pledged an extra £1 million for a monitoring mission to Ukraine and agreed to work with US President Barack Obama on beefing up potential sanctions against Russia. The two leaders talked by telephone following high-level talks in Geneva aimed at de-escalating tensions in Ukraine. The Contact Group meeting, attended by Russian Foreign Minister Sergei Lavrov, Ukraine Foreign Minister Andriy Deshchytsia, US Secretary of State John Kerry and EU foreign policy chief Catherine Ashton, resulted in agreement that all illegal military formations in Ukraine be dissolved.


Friday, April 18, 2014  00:29

Yahoo

World - Ozil in line for Arsenal return, says Wenger


Arsenal`s record signing Mesut Ozil could make his return from a hamstring injury at Hull City this weekend, manager Arsene Wenger revealed on Thursday. `I think (Kieran) Gibbs will be out for the weekend but (Nacho) Monreal is possibly available and Ozil could be available to travel as well,` Wenger told a press conference. Germany international Ozil has not played since going off at half-time of his side`s 1-1 draw at Bayern Munich in the Champions League last 16 on March 11. The 25-year-old has had a fitful first campaign in England since arriving from Real Madrid in a £42.5 million ($70.7 million, 51.6 million euros) deal last September, but Wenger believes that he will come good next season.


Thursday, April 17, 2014  14:28

Yahoo

Business - Forget PowerPoint: Improv Is the New (Old) Way to Sell


Ditch your pitch in favor of a persuasive conversation. Engage your customers in the process by asking good questions, questions that will have them coming up with the answers themselves and lead them to their own conclusions, no convincing required.


Thursday, April 24, 2014  21:22

Yahoo

Business - Samsung Speaks Up about the Future of Smart Home Services


ďIn the next two to three years, smart home services will provide an enormous benefit for peopleójust as smartphones and smart TVs do now.Ē † This prediction comes from Won-Pyo Hong, President of Samsung Electronics` Ö


Tuesday, April 22, 2014  03:19

Yahoo

World - Foxes on verge of clinching second tier title


Leicester City moved within touching distance of securing the Championship title after David Nugent fired the leaders to a 1-0 win over 10-man QPR on Saturday. Nigel Pearson`s already-promoted side restored their seven-point lead over second-placed Burnley and now need just three more points from their last three games to go into the Premier League as champions of the second tier. `We won`t be able to dominate the Premier League like we have the Championship but we want to be competitive next season.` Nottingham Forest are back in play-off contention as they ended their dismal run of 12 league games without a win with a 1-0 victory over Birmingham at the City Ground.


Saturday, April 19, 2014  18:47

Yahoo

World - Armed men put Putin on the air in eastern Ukraine


By Thomas Grove ANDRIYIVKA, Ukraine (Reuters) - Armed men took over a television tower in eastern Ukraine on Thursday and switched it to Russian channels playing an almost non-stop stream of sound-bites from a marathon TV phone-in by Russian President Vladimir Putin. TV engineers accompanying the men then took Ukrainian channels off the air and replaced them with five Russian channels. The channels included Russia 1, Russia 24 and ORT - some of the most popular state-controlled channels - which were broadcasting clips of Putin`s TV phone-in.


Thursday, April 17, 2014  19:22

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Business - (VIDEO) A Revolutionary Apple TV? Don`t Expect too Much, IDC Analyst Greg Ireland


LAS VEGAS - Over the past four †years, †speculation has been rampant about the entrance of a new Apple hardware/software solution that will revolutionize the IPTV and gaming businesses. But it`s not going to happen, cautions industry analyst Greg Ireland, Research Manager at IDC, the this interview with Beet.TV While Apple can surely introduce an elegant system for consuming video, it can`t disintermediate the existing distribution of TV content, Ireland explains. † He says that the current Apple TV is priced well and will be updated. ...


Tuesday, April 22, 2014  17:49

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