New fire at Bangladesh garment factory, day after deadly blaze

New fire at Bangladesh garment factory, day after deadly blaze

New fire at Bangladesh garment factory, day after deadly blaze

Posted: 25 Nov 2012 10:29 PM PST

Army personnel load the body of a dead garment worker onto a rickshaw van after a devastating fire in a garment factory in SavarDAKHA (Reuters) - A fire broke out in a multi-storey garment factory building outside Dhaka on Monday, one day after more than 100 people were killed in a blaze that swept through another factory on the outskirts of the Bangladeshi capital. A fire brigade official said the blaze in the 11-storey building in the suburb of Uttara, which housed three separate factories, was almost under control. There were no reports of deaths, but eight workers were injured due to heavy smoke, fire brigade Director General Abu Nayeem Mohammad Shahidullah told Reuters. ...

Analysis: German hint of Greek debt relief raises euro hopes

Posted: 25 Nov 2012 10:55 PM PST

BRUSSELS (Reuters) - Three years into the euro zone's debt crisis, Germany's finance minister hinted tantalisingly last week at a potential breakthrough.

Long-Awaited Health Insurance Rules

Posted: 25 Nov 2012 06:01 PM PST

English: Kathleen Sebelius speaking after her official nomination as Secretary of Health and Human Services. President Barack Obama is standing behind Sebelius (Photo credit: Wikipedia) If the low point in the weekly news cycle – when politicians release bad news they hope few will notice – is late on a Friday [...]


VIDEO: Teen killed in violent Egypt clashes

Posted: 25 Nov 2012 11:00 PM PST

A teenager died and 60 people were injured during clashes between supporters and opponents of the Egyptian President Mohamed Mursi.


New fire at Bangladesh garment factory, day after deadly blaze

Posted: 25 Nov 2012 10:29 PM PST

DAKHA (Reuters) - A fire broke out in a multi-storey garment factory building outside Dhaka on Monday, one day after more than 100 people were killed in a blaze that swept through another factory on the outskirts of the Bangladeshi capital.

Fire hits second Bangladesh garment factory

Posted: 25 Nov 2012 10:55 PM PST

Blaze engulfs 12-storey building just two days after at least 110 textile workers perish in similar incident in Dhaka.


Australia apologises to victims of abuse

Posted: 25 Nov 2012 10:08 PM PST

Defence minister acknowledges sexual, physical and mental abuse in the military after report lists 775 cases since 1951.


UN climate summit talks open in Qatar

Posted: 25 Nov 2012 11:10 PM PST

About 17,000 delegates expected to attend the latest round of UN climate talks, with "hot air" on the agenda.


Capital Gains Tax is an Economic Monkey Wrench (2012)

Posted: 25 Nov 2012 05:25 PM PST

Tax on capital gains is scheduled to rise and become much more complex at the end of this year. Keeping your head in the midst of these changes can help your bottom line. Currently the tax on capital gains for people in the lower federal tax brackets is 0%. This includes [...]


Euro zone, IMF to seek Greece deal, debt write-off main problem

Posted: 25 Nov 2012 09:59 PM PST

A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in FrankfurtBRUSSELS (Reuters) - Euro zone finance ministers and the International Monetary Fund will seek to unfreeze the second bailout package for Greece on Monday, but they first need to agree if some of the official loans to Athens might eventually be forgiven to cut Greek debt. Euro zone ministers and their deputies have held numerous meetings and conference calls over the last two weeks to decide how Greek debt, seen at almost 190 percent of GDP next year, could be cut to a more sustainable 120 percent in 8-10 years. ...

Australia apologizes for abuse in military going back to 1950s

Posted: 25 Nov 2012 09:04 PM PST

Australian Defence Minister Smith speaks during a news conference at the annual Australia-United States Ministerial Consultations in PerthCANBERRA (Reuters) - Australia's government and defense force commander apologized to hundreds of victims of abuse within the military on Monday, clearing the way for victims to receive compensation. In an address to parliament, Defence Minister Stephen Smith acknowledged that soldiers, sailors and member of the air force had suffered abuse, often by superiors under the excuse of toughening up younger recruits, since the early 1950s. ...

Bangladeshis protest after fire that killed 112

Posted: 25 Nov 2012 10:07 PM PST

Firefighters battle a fire at a garment factory in the Savar neighborhood in Dhaka, Bangladesh, late Saturday, Nov. 24, 2012. At least 112 people were killed in a fire that raced through the multi-story garment factory just outside of Bangladesh's capital, an official said Sunday. (AP Photo/Hasan Raza)Thousands of Bangladeshi workers demanding justice after a garment-factory fire killed at least 112 people are blocking the streets of a Dhaka suburb in a protest that has turned violent at times.

Web access battles brew before UN conference

Posted: 25 Nov 2012 10:12 PM PST

FILE - This March 9, 2011, file photo, shows a large image of Sheik Mohammed bin Rashid Al-Maktoum, UAE Prime Minister and ruler of Dubai, rear left, and Sheik Khalifa bin Zayed Al-Nahyan, UAE President, right, on a tower at Internet City, as cars pass drive on Sheikh Zayed's highway in Dubai, United Arab Emirates. An upcoming U.N. gathering that will seek agreements on Internet oversight is raising alarms from a broad coalition of critics including the U.S. government, tech giants such as Google and rights groups concerned that changes could lead to greater efforts to filter the Web and stifle innovation for cyberspace. (AP Photo/Kamran Jebreili, File)An upcoming U.N. gathering about Internet oversight is raising alarms from a broad coalition of critics, including the U.S., tech giants such as Google and rights groups, concerned that changes could lead to greater efforts to censor Web content and stifle innovation in cyberspace.

China praises engineer in aircraft carrier program

Posted: 25 Nov 2012 10:07 PM PST

In this undated photo released by China's Xinhua News Agency, made available on Sunday, Nov. 25, 2012, a carrier-borne J-15 fighter jet takes off from China's first aircraft carrier, the Liaoning. China has successfully landed a fighter jet on its first aircraft carrier, which entered service two months ago, the country's official news agency confirmed Sunday. The Liaoning aircraft carrier underscores China's ambitions to be a leading Asian naval power, but it is not expected to carry a full complement of planes or be ready for combat for some time. (AP Photo/Xinhua, Zha Chunming) NO SALESChina's government gave hero's praise Monday to a senior engineer on its aircraft carrier program who died of a heart attack after witnessing the first landing of a plane on the ship, underscoring the project's huge national prestige.

Euro zone, IMF to seek Greece deal, debt write-off main problem

Posted: 25 Nov 2012 11:29 PM PST

BRUSSELS (Reuters) - Euro zone finance ministers and the International Monetary Fund will seek to unfreeze the second bailout package for Greece on Monday, but they first need to agree if some of the official loans to Athens might eventually be forgiven to cut Greek debt.

What's The Best Time To Share Social Content?

Posted: 25 Nov 2012 04:40 PM PST

Guest post written by Doug Chavez Doug Chavez is VP of Marketing at RadiumOne, which built the social sharing platform Po.st. Doug Chavez There seems to be an optimal time for everything - from eating and napping to working out and communicating with friends. Timing affects the way we all behave in day-to-day interactions, [...]


It's Do or Die in 'Aliens: Colonial Marines' Survival Mode Trailer. Mostly Die

Posted: 25 Nov 2012 04:12 PM PST

The xenomorphs want to kill you. I'm not just saying this because I've seen all of the movies where H.R. Giger's creation appears (Alien and Aliens, among them). I'm saying this because I've seen the "survival multiplayer" trailer for the upcoming videogame, Aliens: Colonial Marines. Not only do they want to kill you, but also they're pretty good at it.


Facebook: Bernstein Ups To Outperform; Bullish On Mobile

Posted: 25 Nov 2012 04:07 PM PST

Time to buy Facebook shares? Bernstein research analyst Carlos Kirjner thinks it is. Late Sunday, he upped his rating on the stock to Outperform from Market Perform, with a new target price of $33, up from $24. On Friday, Facebook slipped 32 cents, to $24. Kirjner contends the Street is being too [...]


BOJ rift surfaces over easing as political debate heats up

Posted: 25 Nov 2012 10:33 PM PST

A man walks past the Bank of Japan headquarters in TokyoTOKYO/NAGOYA, Japan (Reuters) - A split within the Bank of Japan was laid bare on Monday, with newcomers to its board pressing to strengthen commitment to an ultra-loose policy, as pressure on the central bank for bolder action intensified in the run up to next month's election. In an effort to shift the debate away from the central bank, BOJ Governor Masaaki Shirakawa repeated his view that monetary easing alone cannot beat deflation, urging the government to pursue fiscal reform and deregulation to boost domestic investment. ...

Australia apologizes for abuse in military going back to 1950s

Posted: 25 Nov 2012 09:05 PM PST

CANBERRA (Reuters) - Australia's government and defense force commander apologized to hundreds of victims of abuse within the military on Monday, clearing the way for victims to receive compensation.
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