Daily Archives

Nokia slashes 4,000 jobs as it shifts all assembly lines to Asia to cut costs

City AM – Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving phone assembly work to Asia. The cuts of eight per cent of the workforce bring total planned job cuts at the group since Stephen Elop took over as chief executive in September 2010 to more than 30,000. Nokia said in a statement the job cuts would take place in phases through this year. It has been reviewing the operations since unveiling the closure of its Romania plant last September. Read Article

UK Protester sues police over surveillance database

Guardian – An 86-year-old man is launching a landmark lawsuit against police chiefs who labelled him a “domestic extremist” and secretly recorded his political activities in minute detail. Lawyers for John Catt are due to open the legal action at the high court on Thursday against a clandestine police unit that has been at the centre of controversy over its undercover infiltration of political groups. Read Article

Tai Chi program helps Parkinson’s disease patients

Medical Xpress – An Oregon Research Institute (ORI) exercise study conducted in four Oregon cities has shown significant benefits for patients with mild-to-moderate Parkinson’s disease. In an original article published in the February 9, 2012 issue of the New England Journal of Medicine (NEJM), ORI scientist Fuzhong Li, Ph.D. and colleagues report that a tailored program of twice-weekly Tai Chi training resulted in improved postural stability and walking ability, and reduced falls in the participants. Read article

Lebanese security officials seize suspicious cargo from US, Brazil

PressTV – Lebanon’s security officials say a suspicious cargo containing huge amounts of US dollars, guns, special passports and credit cards have been seized upon arrival in the Lebanese capital, Beirut, from the US and Brazil. Read article

Pakistan gets new fighter planes from US

NDTV – With an eye to India, Pakistan Monday received the last of 18 F-16 fighter jets from the US. The Dawn reports the primary consideration for purchasing the new aircraft was to improve the fighting capability of Pakistan Air Force (PAF) vis-à-vis the Indian Air Force. The last F-16D Block 52 aircraft as well as the first two of the upgraded fighter jets have arrived in the country. The fighter aircraft is equipped with state-of-the-art avionics suite and latest weapons with night precision attack capability. Read Article

Global Christianity shifting to Africa?

Standard – With 2.18 billion adherents, Christianity has become a truly global religion over the past century, as rapid growth in developing nations offset declines in Christianity’s traditional strongholds, according to a recently released report.  Billed as the most comprehensive and reliable study to date, the Pew Research Center’s “Global Christianity” reports on self-identified Christian populations based on more than 2,400 sources of information, especially census and survey data. Read Article

Israel to build migrant detention camp

Yahoo – Israeli planning authorities on Tuesday approved construction of a detention centre for illegal immigrants, at a projected cost of 250 million shekels ($67 million, 51 million euros), the defence ministry said. The formal authorisation follows a November 2010 cabinet decision to build a facility for mostly African migrants smuggled across Israel’s borders but who for legal reasons cannot immediately be deported to their countries. Read Article

Watchdog fines Ernst & Young $2 million over audits

Reuters – The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp. The Public Company Accounting Oversight Board said it also sanctioned four current and former Ernst & Young partners for violating PCAOB rules in the audits of Medicis, which sells prescription drugs for asthma and skin conditions. Read Article