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Silver at 30-yr high, gold peaks

London, Sept. 24: Gold rallied to record highs in Europe on Friday, with spot prices knocking on the door of $1,300 an ounce, as expectations grew that further quantitative easing could lead to volati

Top tech firms settle employment probe

Google, Apple, Adobe Systems, Intel, Intuit and Disney's Pixar reached a settlement with the US Justice Department that bars the companies from agreeing to not poach each other's engineers and other h

World's largest IPO: Petrobras raises $70 billion

Brazilian state oil company Petrobras raised $70 billion on Thursday in the world's biggest share offering, giving the company the financial muscle it needs to tap vast offshore oil reserves.

The cas

Cops seize $30m from Vatican bank

Rome, Sept. 22: An “error of procedure” at the Vatican bank is being exploited to attack the Vatican with a money-laundering investigation, the bank’s president said in an interview published on Wedne

Gold hits record on Fed push

London, Sept. 22: Gold hit record highs for a fifth consecutive session on Wednesday after the Federal Reserve signaled it stood ready to inject fresh cash into the economy, knocking the dollar and wh

Hami keen to defend title

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Singapore, Sept. 22: Mark Webber has yet to finish a Singapore Grand Prix but the Formula One championship leader can expect to be third time lucky this weekend as the title battle moves up a gear.

Rich donors want rethink

United Nations, Sept. 20: Budget-strapped rich donors will call for a rethink of strategies to make sure their aid funds are not wasted when world leaders meet this week to discuss UN goals to tackle

Facebook denies phone plan

Social networking website Facebook denied an Internet report that it will build its own phone.

Privately held Facebook has more than 500 million users worldwide and the company already has applicatio

High-tech cow earrings mark new e-path for Brazil

Brazil, Sep 17: Years after India broke into the hi-tech business with information technology and China by way of manufacturing, Brazil may find its entrance in an unusual place — a cow’s ear.

The So

Web address hints at Putin 2012 Prez bid

Moscow, Sept. 17: A Russian government agency has registered the web address Putin-2012.rf in a sign Prime Minister Vladimir Putin plans to run in a presidential election he would seem almost certain

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.