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American pop star Whitney Houston dies at 48

American pop star Whitney Houston was found dead Saturday at the Beverly Hilton Hotel according to the Beverly Hills Police Department. She was 48 years old. Houston's most famous songs included How Will I Know, I Wanna…

Egypt struggles to recover tourism, investment

Standard & Poor's downgraded Egypt's currency rating for the second time in four months based on the country's shorfall in foreign reserves and shaky political transition. It's the latest development for a nation facing…

Mitt Romney wins 2012 Nevada caucuses

Former Massachusetts Governor and Republican presidential candidate Mitt Romney won the 2012 Nevada caucuses yesterday. This win follows his win in Florida's primary earlier in the week. Former U.S. Speaker of the House…

Mitt Romney wins 2012 Florida primary

Former Massachusetts governor Mitt Romney won the Florida Republican Party presidential primary election on Tuesday with over 46 percent of the vote. Former U.S. Speaker of the House Newt Gingrich came in second with 32…

Meteorites in Morocco found to be from Mars

Meteorites that fell to Earth during a meteor shower in July of 2011 have been confirmed to be from Mars. The rocks, discovered in Morocco, were likely ejected off the surface of the planet during an ancient asteroid…

Online retailer Zappos.com hit by hackers

Zappos.com, one of the largest online retailers of shoes and apparel, disclosed Sunday that it was hit by a cyber attack. The attack compromised as many as 24 million accounts. Personal data may have been taken, but…

Russian spacecraft Phobos-Grunt falls in Pacific Ocean

The Russian spacecraft Phobos-Grunt fell into the Pacific Ocean some 1,250 kilometers west of Wellington, Chile yesterday after circling in Earth orbit for two months. The spacecraft was designed to retrieve soil…

Japan Airlines to relist shares

Japan Airlines (JAL) is planning on relisting its shares in an IPO on the Tokyo Stock Exchange. By September, JAL shareholders intend to sell between ¥500 billion and ¥1 trillion (US$6.4b - US$12.8b, €5b -

Nationalised bank Northern Rock sold to Virgin Money

Today Virgin Money finalised a deal with the British Government to acquire the nationalised Newcastle upon Tyne-based bank Northern Rock for £747 million. During 2012, the bank will be rebranded as a Virgin company and…

UK's Commission on Assisted Dying to recommend law change

Media reports recently released have suggested that the United Kingdom's Commission on Assisted Dying, which was set up by the think-tank Demos in 2010, will support a change in British law to make it legal for someone…