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Africa/International
UK reveals limit on skilled migrants
The government has announced a cap of 21,700 on the number of skilled workers from outside the European Economic Area allowed into the UK.
The figure is a cut of 6,300 on the equivalent figure for 2009.
It excludes employees transferred…
Stakeholders agree to support ICT connectivity in Southern Sudan
Keynote speakers at the ongoing Commonwealth Telecommunications Organization (CTO) conference in Juba, Southern Sudan, on connectivity in that deprived region, have stated the importance of international collaboration and support to enable…
Gold price slightly up on Korean crisis
Gold edged up on Wednesday but showed a muted reaction to the heightened tensions between the two Koreas, with investors still focused on the debt crisis in Europe, which has put pressure on the euro.
A U.S. aircraft carrier headed toward…
Apple computer sold for £130,000
One of the first batch of Apple personal computers has sold at auction in London for £133,250 ($210,000).
The Apple I came with its original packaging and a signed sales letter from Apple co-founder and current chief executive Steve Jobs.…
Bank of England said to be slow in ‘fessing up’ pre-crisis mistakes
The Bank of England was slow in "fessing up" to mistakes made ahead of the financial crisis and will have to win trust by showing it can take unpopular decisions, the financial watchdog said on Tuesday.
Financial Services Authority Chief…
Oil prices rise towards $82 per barrel
Oil prices rose slightly to near $82 a barrel Wednesday in Asia as an upward revision of U.S. economic growth and a report showing an unexpected jump in crude inventories provided mixed signals on demand.
Benchmark oil for January delivery…
Irish banks may get bailout cash in days – report
Extra cash could be pumped into Ireland's ailing banks as soon as this weekend, the Irish Independent reported on Wednesday, as the state is set to take control of all banks as part of a massive international bailout.
The European Union…
FBI raids send warning to hedge funds
FBI raids on hedge funds were a sign that prosecutors feared evidence in a widening insider trading probe could be destroyed, but the dramatic daytime searches may also have been intended to shake up the secretive hedge fund world, legal…
SAP hit with $1.3b verdict in Oracle trial
A federal jury has ordered SAP AG to pay $1.3 billion to its archenemy, Oracle (ORCL), for stealing customer-support documents and software in a scheme to siphon off customers.
The verdict on Tuesday amounts to more than half of SAP's…
No survivors in New Zealand mine accident
All 29 miners trapped in a New Zealand coal pit since Friday are believed to be dead after a second explosion.
Police Supt Gary Knowles said there was no hope that anyone could have survived the "massive" underground blast at the Pike…