Keppel Corp's net profit falls 22% on-year in Q4

SINGAPORE: Falling margins from building oil rigs has hit the bottomline of Keppel Corp. Net profit for the world's leading rig builder fell 22 per cent on-year to S$305 million in the fourth quarter last year.Still, full year profit for the conglomerate came in 15 per cent to S$2.24 billion.Despite lower net profit in the three months ended Dec 31, Keppel Corp still declared a final dividend...

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Congress backtracks on Telangana deadline

NEW DELHI/HYDERABAD: Going back on its word to announce a solution to the Telangana problem by Jan 28, the Congress party Wednesday said "one month does not mean 30 days". Dashing hopes of Telangana leaders, including those from its own ranks who were expecting a decision to carve out a Telangana state, the ruling party said a decision on the vexatious issue was not likely to be made by Jan 28....

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Foes of NYC soda size limit doubt racial fairness

NEW YORK (AP) — Opponents of the city's limit on the size of sugary drinks are raising questions of racial fairness alongside other complaints as the novel restriction faces a court test.The NAACP's New York state branch and the Hispanic Federation have joined beverage makers and sellers in trying to stop the rule from taking effect March 12. With a hearing set Wednesday, critics are attacking what...

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Clinton Answers for Benghazi Security Failures

Outgoing Secretary of State Hillary Clinton told the Senate Foreign Relations Committee today that cuts to State Department funding have hampered efforts to secure diplomatic outposts around the world.Citing a report by the department's Accountability Review Board on the security failures that led to the deaths of four Americans in Benghazi, Libya, during an attack last year,...

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Cameron promises Britons straight choice on EU exit

LONDON (Reuters) - Prime Minister David Cameron promised on Wednesday to give Britons a referendum choice on whether to stay in the European Union or leave if he wins an election in 2015, placing a question mark over Britain's membership for years. Cameron ended months of speculation by announcing in a speech the plan for a vote sometime between 2015 and the end of 2017, shrugging off...

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Japan presses Algeria for answers as toll hits nine

ALGIERS: A senior Japanese official met Algeria's prime minister on Wednesday to press for an explanation of the gas plant siege, as Tokyo confirmed the deaths of two more nationals, taking its toll to nine.Senior Vice Foreign Minister Shunichi Suzuki arrived aboard a government jet that is to repatriate the bodies of those known to have been killed in the hostage crisis, along with the...

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Rajnath Singh to be next BJP president: TV reports

NEW DELHI: Former Uttar Pradesh chief minister Rajnath Singh is slated to be the next BJP president. TV reports say that the RSS has accepted the Rajnath's appointment. According to TV reports, NitinGadkari has proposed Rajnath Singh's name for the post during the meeting at ArunJaitely's house. Earlier, high drama unfolded in the BJP on the eve of election of a new party president with Yashwant...

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Flu season fuels debate over paid sick time laws

NEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home...

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Group Finds More Fake Ingredients in Popular Foods

It's what we expect as shoppers—what's in the food will be displayed on the label.But a new scientific examination by the non-profit food fraud detectives the U.S. Pharmacopeial Convention (USP), discovered rising numbers of fake ingredients in products from olive oil to spices to fruit juice."Food products are not always what they purport to be," Markus Lipp, senior director...

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Israel goes to polls, set to re-elect Netanyahu

JERUSALEM (Reuters) - Israelis voted on Tuesday in an election that is expected to hand hawkish Prime Minister Benjamin Netanyahu a third term, opening the way for a showdown with Iran and bolstering opponents of Palestinian statehood. However, Netanyahu's own Likud party, running alongside the ultra-nationalist Yisrael Beitenu group, looks set to win fewer seats than in the previous...

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