Tata-owned Corus, Jaguar Land Rover take a knock Lead
INT37International/BusinessTata-owned Corus, Jaguar Land Rover take a knock LeadBy Dipankar De SarkarLondon, Oct 17 IANS Two companies owned by the Tata Group in Europe have taken cost-cutting steps in response to the financial crisis sweeping Britain and other wealthy countries. While Corus, Europe's biggest steelmaker that is owned by Tata Steel, announced a 20 percent cut in production, Jaguar Land Rover - the iconic Tata Motors-owned British carmakers - said they are looking to shed 198 jobs  read more
Posted by IANS on Monday Oct 20
KARLSKOGA/STOCKHOLM
INT1International/DefenceBofors Karlskoga headquarters breached by peaceniksBy Alfred de TavaresKarlskoga/Stockholm, Oct 18 IANS Four Swedish peace activists penetrated the fortress-like security at two facilities of ordnance company Bofors in southern Sweden and sought to sabotage the piled up supplies destined for export to India.The activists entered the Karlskoga and Eskilstuna facilities of Bofors Thursday night and claimed to have damaged grenade launchers of the Carl Gustaf brand meant for supply to India  read more
Posted by IANS on Monday Oct 20
Molecule opens way to pre-empt obesity, diabetes
INT9International/Health/ScienceMolecule opens way to pre-empt obesity, diabetesLondon, Oct 18 IANS A molecule called interleukin-6 has opened the way to the creation of new drugs against obesity and diabetes, according to an international study. Researchers from Vitagenes participated in the project. Vitagenes is a company that is part of the campus programme promoted by the University of Granada UGR located at the Technological Park of Health Sciences PTS. José Luis Mesa of Vitagenes,  read more
Posted by IANS on Monday Oct 20
Stunt pilots race virtual counterparts
INT14International/Aviation/TechnologyStunt pilots race virtual counterpartsLondon, Oct 18 IANS Stunt pilots raced against virtual opponents for the first time - in a contest combining the real and the virtual at 400 kmph.Using technology developed, in part, by a University of Nottingham spin-out company, an air-race in the skies above Spain saw two stunt pilots battle it out with a virtual plane which they watched on screens in their cockpits.They were able to merge the virtual with the real world,  read more
Posted by IANS on Monday Oct 20
MONTERREY MEXICO
INT17International/Business/EconomyMexico cement giant to lay off 6,000 worldwide, cut costsMonterrey Mexico, Oct 18 IANS Mexico's cement producer Cemex, the world's third largest, has said it will lay off 6,000 of its global workforce by the end of the year and will stop new investment as cost-cutting measures in the face of the economic downturn."During the year 2008 we expect that our global workforce will see a reduction of about 10 percent," Spanish news agency EFE quoted director of planning and finance Hector Medina as saying  read more
Posted by IANS on Monday Oct 20
Chinese firm recalls deadly herbal medicine
INT32International/Health/LawChinese firm recalls deadly herbal medicineBeijing, Oct 18 Xinhua The Chinese manufactures of a herbal injectable recalled the entire product from the market after three patients died, the national drug safety watchdog said Saturday.The health ministry and the State Food and Drug Administration SFDA said in a statement the Wandashan Pharmaceutical Company, in Heilongjiang province in northwest China, made the move "voluntarily" according to the country's drug recall regulations  read more
Posted by IANS on Monday Oct 20
Boffins find potential treatment to prevent obesity, diabete
Washington, Oct 18 ANI: A new study from University of Granada suggests that interleukin-6, a molecule found to be high in obese people and diabetics, can act as potential treatment for prevention of the conditions.Previous studies have shown that interleukin-6, found to be naturally high in diabetic and obese persons and could be harmful, however, this study proves exactly the opposite."No study had tried to inject interleukin-6 directly to analyse if this molecule was really harmful or, to  read more
Posted by aniin on Monday Oct 20
Sony withdraws video game with Koran words following Muslim
London, Oct 18 ANI: Following strong objections from the Muslims in the UK, Sony has reportedly decided to dump millions of copies of a new "PS3" computer game "LittleBigPlanet". Muslims had taken a strong exception to some of the lines in the song which were quoted from their holy book Koran. The game was due to hit shop shelves next Friday. But, now copies of the game will be returned from warehouses around the world, and will be re-released sometime in November. Incidentally, the track was recorded by Grammy award winner Toumani Diabate - himself a Muslim  read more
Posted by aniin on Monday Oct 20
Playboy to stop making DVDs to beat credit crunch
London, Oct 18 ANI: Playboy has decided to stop its DVD production in order to protect itself from the effects of the stumbling economy.The multi-million dollar worth glamour empire is to put a stop on its DVD making business for saving around 12million dollars every year.Playboy Enterprises Inc have now revealed that instead of DVDs, they will now be focussing more on distributing their content online. If comes into effect, the move will cost the company 80 jobs and 2 million dollars in restructuring charges, reports The Telegraph  read more
Posted by aniin on Monday Oct 20
Now, the Queen gets bitten by the YouTube bug!
London, Oct 18 ANI: The YouTube generation has added a new name to its list - the Queen.On October 17, Her Majesty uploaded a video on a visit to Google's British HQ.The VIP visit was celebrated by the company by creating a special version of its google.co.uk home page.It featured a silhouette of her head as the second G and a regal crown above the E at the end of the logo, reports the Daily Star.The Queen, who sent her first email in 1976 and already has her own website, enjoyed it all.She and  read more
Posted by aniin on Monday Oct 20
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