ATO seeks tax, penalties from Myer float
The Australian Tax Office wants private equity entities based in Luxembourg and the Cayman Islands to stump up $738 million for tax, penalties and interest after they reaped $1.5 billion from the 2009 float of the Myer retail chain. While…
Libyan conflict causes oil price hike
PARIS (AP) — Confusion over the extent of the rebels’ hold on the Libyan capital and a rally in stock markets drove oil prices higher Tuesday, a day after they fell in anticipation of the end of strongman Moammar Gadhafi’s…
Japan likely to replace unpopular PM Kan next week
TOKYO (AP) — A former foreign minister announced his candidacy to lead Japan yesterday just hours after unpopular Prime Minister Naoto Kan said he would be out of the picture by early next week. Kan has been criticized for lacking…
Record companies plan music downloading appeal
MINNEAPOLIS (AP) — Recording industry attorneys are appealing a recent ruling that reduced the amount of money a Minnesota woman must pay for willfully violating the copyrights of 24 songs. U.S. District Judge Michael Davis ruled last month that the…
Tests show no illegal drugs in Winehouse body
LONDON (AP) — Amy Winehouse had no illegal drugs in her system when she died, and it is still unclear what killed the singer, her family said yesterday. The family said in a statement that toxicology tests showed “alcohol was…
Kate saves Branson’s mother from Carib fire
LONDON (AP) — Academy Award-winning actress Kate Winslet helped rescue Richard Branson’s elderly mother from a fire that destroyed his Caribbean home. The Virgin Group boss said in his blog that he wanted to offer “many thanks to Kate Winslet…
Name change for Libyan square on Google Maps
SAN FRANCISCO (AP) — Google Inc.’s online mapping service has changed the name of a Libyan location to what it was called before Moammar Gadhafi rose to power four decades ago. The change came late Sunday, just hours after rebel…
It’s alive! Space station’s humanoid robot awake
CAPE CANAVERAL, Fla. (AP) — NASA’s humanoid robot has finally awakened in space. Ground controllers turned Robonaut on Monday for the first time since it was delivered to the International Space Station in February. The test involved sending power to…
US diver dies in East End
An American dive tourist has died after he lost consciousness getting out of the water. The man was with a member of his family and had completed a dive off a site in East End on Wednesday morning. Police say…
Anarchy spreads across the UK; Cayman cop slams “mindless” rioters
Top police officer John Jones has described the riots on the streets of the UK as “mindless criminality.” Chief Superintendent Jones, a former UK officer has experienced first hand the mayhem being witnessed all across England. Mr Jones, who has…
