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Vettel fastest in Hungarian F1 GP practice
BUDAPEST — German Sebastian Vettel set the pace for Red Bull in Friday's opening free practice session for Sunday's Hungarian Grand Prix, the 23-year-old tyro leading his team-mate Australian Mark Webber…
Forest fires kill eight in Russia heatwave
MOSCOW — Eight people died in forest fires in Russia's worst heatwave in decades, officials said Friday, as Prime Minister Vladimir Putin visited one of the worst hit areas to reassure…
London launches cycle hire scheme
LONDON — London launched a major cycle hire scheme on Friday which aims to make transport in the city greener ahead of the 2012 Olympics, following in the tracks of cities…
Anglo American says profits down 31%
LONDON — Global miner Anglo American on Friday said its net profits slumped 31 percent to 1.32 billion in the first half, a result skewed by the fact it had made…
EDF sells UK power network for $9 billion
PARIS — A consortium led by Hong Kong's richest man Li Ka-shing has made a $9 billion "irrevocable" offer to take over the British power distribution network of French electricity giant…
Pacquiao sister wanted for illegal gambling racket
GENERAL SANTOS, Philippines — Philippine police said Friday that a sister of boxing hero Manny Pacquiao was involved in running an illegal gambling racket, after detaining 25 people in a raid…
BA losses widen on strike action, ash cloud
LONDON — British Airways on Friday said net losses widened to 122 million pounds during its first quarter as strike action and the Icelandic ash cloud grounded flights, but insisted it…
HK tycoon's consortium to buy British electricity provider
HONG KONG — A consortium led by Hong Kong's richest man Li Ka-shing has won a bid to buy the British arm of French electricity provider EDF for more than nine…
Pacquiao sister 'wanted' for illegal gambling racket:
GENERAL SANTOS, Philippines — Philippine police said Friday a sister of boxing hero Manny Pacquiao was involved in running an illegal gambling racket, after detaining 25 people in a raid on…
UN leader hails landmark ban on cluster munitions
UNITED NATIONS — UN chief Ban Ki-moon praised Friday a landmark treaty banning cluster munitions which comes into force this weekend as a major advance in efforts to rid the world…
Samsung Electronics books record Q2 profit on chips boom
SEOUL — Samsung Electronics, the world's largest maker of memory chips and flat-screen televisions, reported record second-quarter profits Friday as revived global demand pushed up memory chip prices.South Korea's largest firm…
Death penalty book author defiant in Singapore
SINGAPORE — A British author facing a possible jail term over his book criticising Singapore's use of the death penalty was defiant following his first court hearing Friday.Alan Shadrake appeared in…