Manchester United opened their Champions League campaign with a hard-fought draw against Portugal’s Benfica in Group C, whilst their city rivals also earned a point as they made their debut in the competition. United fielded an experimental side dropping eight of the players that beat Bolton Wanderers 5-0 in the English Premier League at [...]

+   The Tokyo Game Show is home turf for Sony and Nintendo, the Japanese companies still regarded as heavyweights in the video game business. While Nintendo held their own 3DS-centric event just preceding the annual game gathering, Sony’s press conference marked the official kick-off of TGS and details about the new Vita handheld took [...]

  To soar far away from Earth and even on to Mars, NASA has dreamed up the world’s most powerful rocket, a behemoth that borrows from the workhorse liquid-fuel rockets that sent Apollo missions into space four decades ago. But with a price tag that some estimate at $35 billion, it may not fly with [...]

  Swiss banking giant UBS discovered that rogue trading has cost it an estimated $2 billion, it announced Thursday. The “unauthorized trading by a trader in its investment bank” could cause the bank to record a loss in the third quarter of this year, it said. The loss would potentially be among the largest costs [...]

  World stock markets mostly rose Thursday on continued optimism that Europe will be able to get a handle on its sovereign debt crisis after reassuring words from European leaders aimed at soothing jittery financial markets. In a teleconference Wednesday night, German Chancellor Angela Merkel, French President Nicolas Sarkozy and Greek Prime Minister George Papandreou [...]

  BNP has protested the government’s decision to allow establishment of more banks in the country claiming that it will have a negative impact on the country’s economy. “The country’s economy is in a bad state. Considering the political scenario, the decision to allow establishment of more banks was not correct. It will destabilise and [...]

David Cameron landed in liberated Tripoli this morning to undertake a high-risk visit to the Libyan capital along with the French president, Nicolas Sarkozy, the other main western champion of the five-month Nato bombing campaign that eventually ousted Colonel Gaddafi from power. William Hague, the foreign secretary, is also on the visit, along with the [...]

  The leaders of Greece, France and Germany have said that Greece is an “integral” part of the eurozone. It follows a telephone call between Greek Prime Minister George Papandreou, French President Nicolas Sarkozy and German Chancellor Angela Merkel. Greece also reiterated that it was determined to meet all the deficit reductions plans it agreed [...]

  Prime Minister Sheikh Hasina has called for coordinated power and energy supply among the Saarc member countries to tap the high potentiality of the region. The premier gave the call while inaugurating the 4th Saarc Energy Ministers’ Meeting at a city hotel on Thursday. Hasina said the South Asian economies are on ascendancy nowadays [...]