Uncategorized

Palestinian President Mahmoud Abbas cuts ties with Israel

Sunday, March 2, 2008 The President of Palestine, Mahmoud Abbas has cut all diplomatic ties and relations with Israel including any and all communications. Abbas made his decision after recent Israeli crackdown on Palestinian militants has left over 100 people dead and dozens injured. On Saturday March 1, 70 Palestinians were killed in clashes. At least two soldiers of the Israeli Defense Force were also killed. Abbas says that he will continue his silence towards Israel until "all aggression" against Palestine is stopped. "The negotiations are suspended, as are all conta

Uncategorized

Qantas says A380 aircraft are safe to fly after ‘serious’ incident

Saturday, November 27, 2010 Australian airline Qantas has returned the first of its fleet of Airbus A380s to service, after all six of the "superjumbo" aircraft were grounded three weeks ago following one aircraft's engine sustaining extensive midair damage; it landed safely in Singapore without injury. The airline stated that all of the aircraft have undergone extensive safety inspections and they are satisfied they are safe. [It was] certainly the most serious incident that the A380 has experienced since it entered operations. Alan Joyce, CEO of Qantas, said: "It

Uncategorized

London Knights trade Steve Mason to Kitchener Rangers

Sunday, January 6, 2008 On the morning of January 4, 2008, while at the 2008 World Junior Ice Hockey Championships, 19-year-old goalie Steve Mason received a phone call from Canada informing him that he was traded by the Ontario Hockey League's London Knights to the Kitchener Rangers. In a press release Friday, Kitchener Rangers Head coach and General Manager Peter DeBoer announced the trade to the Knights. In return for obtaining Mason, the Rangers have sent the Knights, Centre Phil Varone, Defenceman Steve Tarasuk along with 2nd, 3rd and 4th round draft picks in 2011 and

Uncategorized

Commonwealth Bank of Australia CEO apologies for financial planning scandal

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' permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC). Mr Narev stated the bank

Uncategorized

First face transplant performed on French woman

Thursday, December 1, 2005 Surgeons in France have performed a face transplant operation on a French woman who had lost her nose, lips and chin after being savaged by a dog. According to Iain Hutchison, an oral-facial surgeon at Barts and the London Hospital, the transplant is the first one to use skin from another person. Doctors say the woman's new face will be a "hybrid" between her donor's face and her own face before the attack. In the five hour long operation, the donor's tissues, muscles, arteries and veins were attached to the patient's lower face. It is more favou

Uncategorized

NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005 New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group. Archipelago and Instinet are innovative e-trading (electronic trading) companies, and formerly were the two largest American rivals to NYSE and NASDAQ, in recent years taking increasingly large port

Uncategorized

Toilet on International Space Station breaks

Wednesday, May 28, 2008 According to a NASA status report, the lone toilet on the International Space Station (ISS) has broken, leaving the astronauts on board having to use a rigged-up system of bags to collect any liquid waste. According to NASA, the collection fan motor broke sometime last week after one of the crew used the Russian-made toilet in the space station. The NASA status report quotes the crew as hearing "a loud noise and the fan stopped working". Russian officials have yet to solve the cause of the breakage and fix it. The seven-year old toilet has broken

Uncategorized

Derailments close Australian rail routes

Sunday, February 1, 2009 Two train derailments in two days have closed railway lines in Australia. A Rio Tinto iron ore train derailled at Pilbara, on a spur of the Tom Price to Dampier line on Thursday 29. The following day, a freight train with 40 wagons derailed east of Kalgoorlie, injuring three people. The second derailment has closed the line used by the long distance Sydney to Perth Indian Pacific passenger train. Operators Great Southern Railway expect to lose A$500,000 revenues as the line remains closed until at least Thursday. Police say heavy rain has affected