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’ …

Owner and manager of Moroccan factory arrested over 55-fatality fire

Sunday, April 27, 2008 Police have arrested the owner of a mattress factory in Hay Hassini, Casablanca, Morocco which burned down in a disaster that claimed 55 lives. His son, who was the factory’s manager, was also arrested. Those killed — 35 of whom were women — were trapped inside by locked fire exits, which …

Microsoft releases Windows Phone 7 to manufacturing

Friday, September 3, 2010 On Wednesday, Microsoft announced that the next version of Windows Mobile OS series, Windows Phone 7, had been released to manufacturing after more than 6 months of its development. The announcement outlined some of the changes in this version, and was generally positive about the milestone. The term “release to manufacturing”, …

Cadillac unveils Obama’s ‘Beast’, the 2009 Presidential State Car

Saturday, January 17, 2009 The US Secret Service has released the first photos Wednesday of the new presidential limousine that will transport Barack Obama down Pennsylvania Avenue next Tuesday as part of the 56th Presidential inaugural parade after he is sworn in at the Capitol. The First Limo – the 2009 Cadillac Presidential Limousine – …

Nominations announced for 78th Academy Awards

Tuesday, January 31, 2006 Today, the nominees for the 78th Academy Awards were announced in Los Angeles, California. Best Picture nominees this year are Brokeback Mountain, Capote, Crash, Good Night, and Good Luck., and Munich. The director of each of these films received director nominations. Nominees include George Clooney (Good Night, and Good Luck.), Paul …

Bernie Ecclestone attacked outside London headquarters; no arrests made

Friday, November 26, 2010 A spokesperson for Scotland Yard has confirmed that no arrests have been made after Formula One boss Bernie Ecclestone was injured in a mugging on Wednesday. The 80-year-old billionaire was treated in hospital for head injuries he sustained in the attack, in which the four muggers stole £200,000 of jewellery from …