Off Air

COLOMBO, Oct 26, 2007 (AFP) – Sri Lanka on Friday ordered the closure of a Colombo radio station, charging that it had sparked panic with a false report of a rebel attack against civilians, officials said.The ABC radio station was ordered off the air following an investigation into a report broadcast Wednesday, media ministry officials […]

Nearly one-third of primates in peril: world conservation body

GENEVA, Oct 26, 2007 (AFP) – Nearly a third of all non-human primates could be wiped out, threatened by illegal wildlife trade, climate change and destruction of their habitat, a new report warned on Friday.The gorillas face loss of habitat from deforestation, as trees are chopped down from fuel, as well as from poaching. Twenty-nine […]

Points from GEO-4, major UN environment report

NAIROBI, Oct 25, 2007 (AFP) – Following are key points from the fourth Global Environment Outlook (GEO-4) report, issued on Thursday by the United Nations Environment Programme (UNEP) — Of major vertebrate groups on the planet, 30 percent of amphibians, 23 percent of mammals and 12 percent of birds are threatened — Humanity’s current “footprint”, […]

Oil prices fall for third straight day in Asia

SINGAPORE, Oct 24, 2007 (AFP) – World oil prices fell for the third straight day in Asia on Wednesday, pulling back further from record highs reached last week.Dealers said worries about slowing economic growth have pushed aside fears about tensions between Turkey and Kurdish rebels in northern Iraq, which helped push prices sky-high last week. […]

Business travel costs surging on high fuel costs, demand: survey

NEW YORK, Oct 23, 2007 (AFP) – Business travel costs around the world are expected to see a big surge in 2008 with air fares pushed up by rising fuel prices and hotels rates squeezed by growing demands, a survey showed Tuesday.The American Express Global Business Travel Forecast said hotel rates are especially pressured in […]

Nissan unveils new GT-R supercar

CHIBA, Japan, Oct 24, 2007 (AFP) – Nissan took the wraps off its all-new GT-R supercar Wednesday, betting that there’s still a market for muscle machines despite soaring petrol prices.The high-performance sports car — the successor to Nissan’s iconic Skyline GT-R — will eventually go on sale worldwide, beginning with Japan in December. Prices start […]

Dale Carnegie opens “finishing school” for graduates in India

BANGALORE, India, Oct 23, 2007 (AFP) – Dale Carnegie Training, which has taught business skills to more than eight million professionals worldwide, said Monday it will open its first school in India to make graduates “employable.” The New York-based company tied up with Walchand PeopleFirst to open the “finishing school” in Bangalore to smooth out […]

Free trade, changing diets to put pressure on rice production: expert

MANILA, Oct 23, 2007 (AFP) – Free trade, changing diets, and rapid urbanisation is leading to a decline in rice production, one of the world’s leading experts on the crop said.“As prosperous rice-growing countries move toward free trade in agricultural production, they may increasingly find it difficult to sustain producers’ interest in rice farming,” said […]

Indian shares surge 4.99 percent on relief for foreign investors

MUMBAI, Oct 23, 2007 (AFP) – Indian shares surged 4.99 percent Tuesday as investors cheered a move that eased concerns about a proposed regulatory change previously seen as soon limiting purchases by overseas buyers, dealers said. The Mumbai stock exchange Sensex index rose 878.85 points or 4.99 percent to 18,492.84 after the regulator allowed foreign […]

‘s Talawakelle Tea Estates profits nose dive

Oct 23, 2007 (LBO) –Hayleys subsidiary Talawakelle Tea Estates has reported a sharp fall in profits up to September this year as it struggles to recover from the effects of a strike which crippled production late last year and bad weather. Production fell even after the strike as estates were forced to prune and discard […]

Oil falls below 86 dollars

SINGAPORE, Oct 23, 2007 (AFP) – World oil prices slipped further in Asia on Tuesday as worries over slowing economic growth in the United States shadowed the market, dealers said.New York’s main oil futures contract, light sweet crude for delivery in December, was 30 cents lower at 85.72 dollars a barrel. The November contract closed […]

US ethanol plan causing food prices to surge: bank

OTTAWA, Oct 22, 2007 (AFP) – Attempts to reduce US dependence on imported oil by adding more ethanol to its gas tanks are only driving up food prices while delivering moot energy benefits, a Canadian bank warned on Monday.Corn prices have already jumped by 60 percent over the past two years as American ethanol producers […]

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