Environmentalists target iPhone for lawsuit

OAKLAND, California, Oct 16, 2007 (AFP) – Environmentalist lawyers are threatening to sue Apple in 60 days if the iconic US company doesn’t make iPhones greener or warn buyers of toxins in the devices.The Center for Environmental Health in Oakland, California, sent Apple notice on Monday after environmental activist group Greenpeace released a scientific analysis […]

Oil at record high above 86 dollars in Asia

SINGAPORE, Oct 16, 2007 (AFP) – Oil traded at a record high in Asia of 86.29 dollars a barrel on Tuesday amid mounting tension between Turkey and Kurdish rebels in Iraq.In early morning trade New York’s main oil futures contract, light sweet crude for delivery in November, was 16 cents higher than the 86.13 dollars […]

Sri Lankan wild life park scene of fresh fighting

Oct 16, 2007 (AFP) – Tamil Tiger rebels have overrun a military post inside Sri Lanka’s most popular wildlife sanctuary, officials said Tuesday amid a surge in fighting ahead of the economically crucial tourist season.The defence ministry said the latest round of fighting over a 24-hour period — both in the wildlife park in the […]

Sri Lanka clashes kill 38

Oct 16, 2007 (AFP) – At least 38 Tamil Tiger rebel fighters and government soldiers have been killed in fresh fighting in Sri Lanka, the defence ministry said Tuesday.The guerrillas killed seven soldiers in an attack inside the Yala National Park, Sri Lanka’s main wildlife sanctuary in the southeast, a military official said. Six of […]

Sri Lankan Tigers kill six soldiers inside wildlife park

Oct 16, 2007 (AFP) – At least six government troops were killed when Tamil Tiger rebels attacked a military position inside Sri Lanka’s main wildlife sanctuary, military officials said Tuesday.The bodies of the six men were found at first light Tuesday following an overnight attack on an army detachment inside the Yala National Park in […]

High Stakes

Oct 15, 2007 (LBO) – Hutchison Port Holdings (HPH) Monday dismissed claims by a rival bidder to have made the highest bid to build and operate Colombo’s planned new container terminal. HPH, one of the world’s biggest port operators, said it rejected as “somewhat presumptuous and inaccurate,” claims by Sri Lanka’s Aitken Spence conglomerate that […]

Unclaimed Prizes

Oct 15, 2007 (LBO) – Though 25,000 state workers are eligible to buy duty-slashed vehicles, less than half of those entitled have so far applied for a car, officials said.Long waiting lists at agents for popular brands as well as the high cost of new cars is said to be deterring public servants from cashing […]

Bouncing Cheques

Oct 15, 2007 (LBO) – Sri Lanka’s Central Bank said Monday that cheque returns were too high and warned customers that issuing cheques without funds was an offence. The total value of returned cheques in a day is “substantial”, amounting to over half a billion rupees, a bank statement said. Out of the total number […]

Higher Stake

Oct 15, 2007 (LBO) – People’s Merchant Bank (PMB) shares shot up 15.50 rupees to 55 rupees in Monday morning trading on the Colombo bourse as the firm said that Lanka Orix Leasing Company had increased its stake in the company. PMB said in a statement to the Colombo Stock Exchange that its share price […]

Indian shares cross record 19,000 points

MUMBAI, Oct 15, 2007 (AFP) – India’s benchmark Sensex index surged more than three percent to a fresh intraday record on Monday, crossing the 19,000-point mark for the first time ever, led by buying from overseas funds, dealers said.They said a series of record highs on the Mumbai stock exchange, during a 3,000-point climb in […]

New Zealand inflation falls to 1.8-pct

WELLINGTON, Oct 15, 2007 (AFP) – New Zealand’s inflation rate for the September quarter was held to an unexpectedly low 0.5 percent, pinning the annual rate to 1.8 percent, according to official figures released Monday.New Zealand inflation lower than expected The lower than forecast result — attributed to lower prices in health and education due […]

Sri Lankan Tigers in suspected attack inside southern wildlife park

Oct 15, 2007 (AFP) – Suspected Tamil Tiger rebels attacked a military position inside Sri Lanka’s main wildlife sanctuary as the authorities were preparing to reopen it for tourists, officials said.At least one soldier was wounded in the Monday evening attack inside the Yala National Park in the deep south of the island, officials said, […]

Page 2551 of 3390