Banks criticised over CPP sales

16 November 2012 Last updated at 19:00 ETBy Bob Howard Moneybox Banks must share the blame for mis-sold card protection, after a regulator fined the firm CPP £10.5m, says an influential MP.John Mann, who sits on the House of Commons Treasury Select Committee, said most policies were sold when bank customers rang up to...

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Israel moves on reservists after rockets target cities

GAZA/JERUSALEM (Reuters) – Israeli ministers were on Friday asked to endorse the call-up of up to 75,000 reservists after Palestinian militants nearly hit Jerusalem with a rocket for the first time in decades and fired at Tel Aviv for a second day.The rocket attacks were a challenge to Israel‘s Gaza offensive and came just hours after Egypt‘s prime minister,...

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News Summary: UK court overturns Facebook demotion

PUNISHED: Britain‘s High Court ruled Friday that a man had been unfairly stripped of a management position and demoted for saying in a Facebook post that he was opposed to gay marriage.COURT RULING: The court said the Trafford Housing Trust breached Adrian Smith‘s contract and a judge added that Smith had not done anything wrong. Smith had written on Facebook...

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Psy, Drake, Gotye join American Music Awards birthday bash

LOS ANGELES (Reuters) – The American Music Awards rings in its 40th year on Sunday, with top nominees like Rihanna and Nicki Minaj battling for the top trophies and Stevie Wonder leading a tribute to the show’s late founder, Dick Clark.Variety is the key to this year’s three-hour ceremony from Los Angeles, with performers including Canadian pop star Justin...

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Australia quarantines farm to contain H7 bird flu outbreak

SYDNEY (Reuters) – Australia‘s first outbreak of a highly pathogenic bird flu virus in 15 years should be contained by a cull of 50,000 chickens, authorities said on Friday, although they do not know what caused the case at an egg farm in New South Wales state.The Department of Primary Industries (DPI) said all chickens at the property in Maitland, 160...

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Australia quarantines farm to contain H7 bird flu outbreak

SYDNEY (Reuters) – Australia‘s first outbreak of a highly pathogenic bird flu virus in 15 years should be contained by a cull of 50,000 chickens, authorities said on Friday, although they do not know what caused the case at an egg farm in New South Wales state.The Department of Primary Industries (DPI) said all chickens at the property in Maitland, 160...

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U.S. says to take steps to fill FHA capital hole, avoid bailout

WASHINGTON (Reuters) – The Obama administration said on Thursday it planned to take steps to fill a capital hole at the Federal Housing Administration to lessen the need for a taxpayer bailout.The Department of Housing and Urban Development said an independent actuary had found that the mortgage insurance agency’s capital reserve ratio – a gauge of its...

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France urges Mali to step up talks with rebels

PARIS (AP) — France‘s president called Thursday for stepped-up talks between Mali’s government and any leaders from its breakaway north “who reject terrorism,” even as African nations geared up for a possible military operation against Islamic extremists there.President Francois Hollande‘s comments suggested a growing openness to dialogue with the extremists,...

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Xbox Live Celebrates 10 Years of Connecting Gamers

Thursday marks the tenth anniversary of Xbox Live, Microsoft’s online gaming platform for the Xbox and the Xbox 360.[More from Mashable: Steve Ballmer Hints at Microsoft Building More Hardware] For the last decade, Xbox Live has offered both a marketplace and online play space for gamers. It started in 2002 on Microsoft‘s...

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Canada’s Carney says rate hikes “less imminent”

TORONTO (Reuters) – Interest rate hikes have become less imminent than the Bank of Canada once expected, although rates are still likely to rise, central bank Governor Mark Carney said in an interview published on Saturday.“Over time, rates are likely to increase somewhat, but over time, so a less imminent timing relative to our expectation,” Carney said...

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