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Business 05 Dec 2013 | 8:39 AM

Ex-aide says Madoff workers duped investor's account postmortem

NEW YORK: To hear his former aide tell it, even a client's death posed no problem for Bernard Madoff as he perpetrated his massive Ponzi scheme.

World 09 Mar 2013 | 12:00 AM

Chimney raised on Sistine Chapel as conclave nears

VATICAN CITY (Reuters) - Vatican workers hoisted a chimney onto the roof of the Sistine Chapel on Saturday in readiness for the conclave of Roman Catholic cardinals that will elect a successor to Pope Benedict.

Business 26 Feb 2013 | 12:00 AM

Oscar TV audience rises to 40.3 million, show gets mauling

LOS ANGELES: Sunday's (Monday in Malaysia) Oscar ceremony scored the biggest TV audience in three years, and edgy new host Seth MacFarlane helped boost interest from young men, despite getting a mauling from TV critics.

Business 01 Dec 2012 | 12:00 AM

Art auctions appear to be a bankable and profitable platform for investors

With many investment opportunities present in the market, investors across the nation may be figuring out where best to park their cash.

Business 20 Oct 2012 | 12:00 AM

Up close and personal with Stefan Sagmeister

GRAPHIC design guru Stefan Sagmeister strikes a pose for our post-interview photo shoot. However, the steely-looking Austrian is not smiling. On the flip side, our photographer is in stitches.

Business 18 Jun 2012 | 12:00 AM

Relieved Europe hints at more time for Greece

BERLIN/ATHENS: Euro zone paymaster Germany, relieved at a narrow election victory for Greece's pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exit.

Business 07 Nov 2011 | 12:00 AM

EU-prescribed coalition gives Greece short-term relief

ATHENS (Reuters) - The European Union stepped in to force Greece's political parties into a coalition that will save the country from immediate default but the bickering that marked the negotiations bodes ill for Greece's place in the euro zone.

Business 31 May 2011 | 12:00 AM

ECB official: New Greek aid under study

FRANKFURT, Germany: Greece could get another €20 billion ($28 billion) in aid from its fellow euro countries and raise three times that through new austerity measures such as selling government property, a top European Central Bank official says.

Business 11 May 2009 | 12:00 AM

US health groups offer US$2 trillion in cost savings

WASHINGTON: President Barack Obama's plan to provide medical insurance for all Americans took a big step toward becoming reality Sunday after leaders of the health care industry offered US$2 trillion in spending reductions over 10 years to help pay for the programme.