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A Korean scientist develops world’s first 160-degree lens inspired by insect eyes 02 May 2013 - 01:29 pm

SEOUL: A South Korean scientist has managed to develop a super-wide-angle lens digital camera. The camera adapts the principle of the eyes of...

Japan's AOC to sell Norway upstream unit to Kuwait 02 May 2013 - 01:14 pm

TOKYO: Japan's AOC Holdings said on Thursday its upstream unit, Arabian Oil Co, has agreed to sell the entire stake in its Norwegian...

Philippines gets second credit ratings upgrade 02 May 2013 - 12:54 pm

MANILA: The Philippines received its second investment grade credit rating on Thursday with Standard and Poor's following Fitch in giving an upbeat assessment...

Market share gains help Asiacell lift profits a third 02 May 2013 - 12:39 pm

BAGHDAD: Iraqi mobile operator Asiacell , majority-owned by Qatari telecom group Ooredoo , posted a 31-percent rise in annual profit in its first...

Taliban bomb kills eight Afghan police 02 May 2013 - 12:32 pm

PULI ALAM, Afghanistan: A Taliban bomb killed eight Afghan police Thursday in Logar province outside the capital Kabul, officials said, four days after...

France Tel chief complains of interference in Yahoo! deal 02 May 2013 - 12:11 pm

PARIS: The head of France Telecom complained on Thursday of interference after the state blocked plans by US Internet firm Yahoo! to buy...

Gaddafi's son Saif al-Islam to appear in court 02 May 2013 - 12:11 pm

ZINTAN, Libya: Saif al-Islam, the son of deposed Libyan leader Muammar Gaddafi, will appear in court on Thursday in the town of Zintan,...

Somali famine killed 258,000, half of them children 02 May 2013 - 11:34 am

NAIROBI: Almost 260,000 Somali people, half of them children died of dire hunger from 2010 to 2012, greatly more than was feared at...

Turkey's Bank Asya secures $380m Islamic loan 02 May 2013 - 11:34 am

ISTANBUL: Turkish Islamic lender Bank Asya said on Thursday it had secured a $380 million syndicated Islamic loan from 28 banks. The lender...

Tablet sales surge as consumers shun PCs 02 May 2013 - 11:24 am

SAN FRANCISCO: Global sales of tablet computers surged by 142.4 percent in the first quarter of 2013 as more and more consumers chose...

Bangladesh suspends mayor for building tragedy 02 May 2013 - 11:23 am

DHAKA: Bangladesh authorities on Thursday suspended the mayor of Savar town for approving and failing to shut a garment factory block which collapsed...

Japan, France firms win Turkey nuclear contract 02 May 2013 - 11:19 am

TOKYO: Japan's Mitsubishi Heavy Industries and France's Areva have won a multi-billion dollar contract to build a nuclear power plant on the Black...

Pakistan to deploy 600,000 security officers for vote 02 May 2013 - 11:16 am

ISLAMABAD: Pakistan will deploy more than 600,000 security personnel during next week's general election to guard against Taliban attacks that have marred campaigning,...

Murder suspect strolls out of Philippine jail 02 May 2013 - 10:37 am

MANILA: A former policeman on trial for murder in the Philippines escaped from jail on Thursday, then embarrassed authorities further by speaking to...

Shell says chief executive to retire in 2014 02 May 2013 - 10:18 am

LONDON: Energy giant Shell said Thursday that chief executive Peter Voser will retire next year, as it posted falling first-quarter net profits due...

Indian naval officers face dismissal over Facebook posts 02 May 2013 - 10:11 am

NEW DELHI: Three Indian navy officers are to be dismissed from service over their Facebook updates which reportedly included details about where their...

HH the Heir Apparent meets representatives of GCC Chiefs of Staff 02 May 2013 - 10:07 am

DOHA: HH the Heir Apparent and Deputy Commander-in-Chief of the Qatari Armed Forces Sheikh Tamim bin Hamad Al Thani met here on Thursday...

Two Pakistan polling stations blown up 02 May 2013 - 09:55 am

QUETTA, Pakistan: Bombers on Thursday blew up two schools designated as polling stations for Pakistan's general election next week, police said. A boys'...