Commonwealth Bank of Australia CEO apologies for financial planning scandal

16 November, 2020

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Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

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US unemployment rate reaches 9.4 percent

16 November, 2020

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Friday, June 5, 2009 Data from the United States Labor Department says that the unemployment rate in the U.S. has reached its highest level in over 25 years, namely 9.4%. The job loss rate, however, was only 345,000, which is the lowest monthly job loss rate since September of last year. Analysts had predicted that […]

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Football: Cristiano Ronaldo leaves Real Madrid for Juventus

16 November, 2020

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Thursday, July 12, 2018 On Tuesday via their official website, Italian football club Juventus announced signing Portuguese forward Cristiano Ronaldo from Spanish capital club Real Madrid. Per the press release, Ronaldo penned a four-year contract with the Turin club, which runs until June 30, 2022. Juventus said the €100 million transfer fee and €12 million […]

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USA raises tariffs on inexpensive Chinese solar panels

16 November, 2020

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Friday, October 12, 2012 This Wednesday, the United States Department of Commerce issued a ruling to set tariffs on Chinese-made solar panels ranging from 18% to 250% for different solar panels manufacturers. China protested against the new tariffs on Thursday claiming that they make export of solar panels to the USA unprofitable. A US-German company […]

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Solar-powered plane completes 26-hour flight

16 November, 2020

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Thursday, July 8, 2010 The Solar Impulse, an experimental solar-powered airplane, landed in Switzerland on Thursday after completing a successful 26-hour test flight. The flight was a proof-of-concept displaying that a solar-powered aircraft can accumulate enough power from the sun during the day to power it through the night. The team that designed and built […]

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English court jails policeman over insurance fraud

16 November, 2020

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Thursday, July 1, 2010 A court in England, UK has jailed a policeman for ten months after he was convicted of defrauding his car insurance company. Police Constable Simon Hood, 43, arranged for a friend who dealt in scrap metal to dispose of his Audi TT, then claimed it had been stolen. Hood had been […]

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Buffalo, N.Y. hotel proposal delayed further

16 November, 2020

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Buffalo, N.Y. Hotel Proposal Controversy Recent Developments “Old deeds threaten Buffalo, NY hotel development” — Wikinews, November 21, 2006 “Proposal for Buffalo, N.Y. hotel reportedly dead: parcels for sale “by owner”” — Wikinews, November 16, 2006 “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006 “Court date […]

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University of Calgary scientist Keith cracks carbon capture conundrum

16 November, 2020

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Thursday, October 2, 2008 A University of Calgary research team developed a new method for extracting carbon dioxide (CO2) directly from the air — a fundamental shift in carbon capture technology enabling capture of the most common greenhouse gas from so-called diffuse sources like aircraft, trucks and automobiles that represent half of the greenhouse gases […]

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