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20 years on, East German cos find a niche in West
Rotkaeppchen sparkling wine. Florena Cosmetics. Spee detergent. Zetti crunchy chocolate clusters. The names may not mean much to people outside of Germany but they point...

Chaplin’s lost film found in tin, sold for £3.2

A never-seen-before Charlie Chaplin film was found in a antique tin by a man who bought it on eBay for a meagre £3.20.

Gene therapy can cure brain disease

In what could raise hopes of thousands of families, scientists have managed to halt a rare brain disease that kills boys by the time of adolescence through an experimental gene therapy.

Babies cry in mother tongue

Long before their birth, infants begin picking up elements of their first language in the womb, says a new study. After analysing the cries of 60 healthy newborns, a team of...

Majority of Indians use Twitter for news

Twitter may have gained immense popularity as a microblogging website but in India majority use it as a source for news. A survey by technology site www.pluGGd.in says about 16% of Indian users regularly ‘tweet’ to get news...

Nomura, Barclays lure bankers as rivals cap bonuses

Barclays Plc and Nomura Holdings Inc, which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure.

Oct sees least job cuts in US

US employers probably cut the fewest jobs in October in more than a year as the economic recovery eased the worst labor-market slump since the 1930s, economists said in a report on Friday. Payrolls fell by 1,75,000 workers, the smallest drop...

Mittal daughter-in-law snaps up Escada

Her father-in-law built a global steel empire relying solely on his strength and now Megha Mittal displayed the same predatory skills with her bid for insolvent European fashion house Escada. Mittal on Thursday confirmed winning Escada, which filed for bankruptcy, in an auction in Munich.

Now, Brand Obama propels US to top slot on country index

Barack Obama has done it again. The President’s starpower has made the United States the place most people want to visit and do business with, according to an annual survey that ranks nations like retail brands.

US lags in healthcare quality despite high spends

Americans are more likely than people in 10 other countries to have trouble getting medical treatment because of insurance restrictions or cost, an international survey of primary care doctors released on Wednesday found.

I enjoyed playing Paa’s paa: Abhishek

It is a role reversal of sorts on screen with Abhishek Bachchan playing the role of the father and the legendary Amitabh Bachchan, his son.

Raise taxes to boost fuel efficiency: auto executives

There’s a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it—sharply hike the gas tax.

Al Gore to become first carbon billionaire

Former US Vice-President Al Gore, who has campaigned relentlessly on green issues, is on track to become the world’s first “carbon billionaire”amid claims of profiting from the climate change agenda.

Inventor finds present mobiles too complex

The inventor of the mobile phone, Martin Cooper, said on Thursday the devices have become too complex, with a range of features from cameras to music, since he made the first-ever wireless call over three decades ago.

Buyers give Picasso a miss at christie’s sale

Christie’s International had its smallest evening Impressionist and modern-art auction in New York since May 2004 as buyers snubbed Picasso and Matisse in favor of conservative 19th-century landscapes and still-lifes.

Internet censorship liable to WTO challenge: study

Censorship of the Internet is open to challenge at the World Trade Organisation as it can restrict trade in services delivered online, a forthcoming study says.

Profit not satanic; bonus pay crucial to retain talent, says Barclays CEO

Barclays Plc chief executive officer John Varley stood at the wooden lectern in St Martin-in-the- Fields on London’s Trafalgar Square last night and told the packed pews of the church that “profit is not satanic.”

Side Bar

African countries have suspended several meetings at UN climate talks to protest what they call the low targets industrial countries have set for reducing greenhouse gas emissions.

J&J to cut 6-7% of workforce

Johnson & Johnson, the world’s biggest health-care company, said it will cut 6%to 7%of its workforce as part of a restructuring plan. The cuts will save as much as $1.7 billion by 2011, the New Brunswick, New Jersey-based business said on Tuesday.

Nokia plans to cut 5,760 jobs as profits erode

Nokia Siemens Networks, the joint venture between Nokia Oyj and Siemens AG, plans to cut as many as 5,760 jobs as falling prices for telecommunications equipment erase profits.

Scared of flying? Now press the fear iButton

People scared of flying can now press a button on their iPhone to help them deal with their panic. Long-haul airline Virgin Atlantic Airways has launched an application, or app, for its Flying Without Fear course which boasts a success rate of over 98%.

One-third of world species face extinction

Over a third or 17,291 out of 47,677 species assessed in an international biodiversity study are now threatened with extinction, researchers have warned.

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