Russian plane crash leaves four crew members dead
Saturday, 29 December 2012 17:43

Police say no passengers were on board airliner that rammed through highway barrier outside Vnukovo airport near Moscow

A Russian airliner broke into pieces after it slid off a runway and crashed on to a highway outside Moscow, killing four of the 12 crew on board and leaving chunks of fuselage on the icy road.

The crash during peak holiday travel...

 
France repeals 75% tax on high income
Saturday, 29 December 2012 10:53
AFP Photo / Patrick Kovarik

AFP Photo / Patrick Kovarik

France's Constitutional Council has annulled a 75% tax rate on income above 1mn euros due to be introduced in 2013, which has already forced a number of wealthy residents to leave the country.

­Significant tax hikes including those on capital gains and on income above 1mn euros were a center piece of President Francois ...

 
Market Buzz: Pre–New Year sale
Saturday, 29 December 2012 04:47
AFP Photo / Daniel Roland

AFP Photo / Daniel Roland

Most international floors remain weighed down by the ‘fiscal cliff’ issue, with a Sunday meeting the last chance to settle it in 2012. Investors in Russia fixed their gains ahead of long New Year holidays, driving key indices lower on Friday.

The selling sentiment gained momentum by the end of a trading session on Friday...

 
Russia's Golden Age to start in 2013, Russian Nostradamus said
Friday, 28 December 2012 14:17

The end of 2012 marks the end of the Iron Age and the beginning of the Golden Age in Russia. This was predicted more than a hundred years ago by tsarist general and ethnographer Valentin Moshkov. Practically all of his gloomy predictions about the Iron Age have come true. Time will show whether his positive predictions are going to come true or...

 
Apple fined by Chinese court over pirated books in Apps Store
Friday, 28 December 2012 13:25
AFP Photo / Spencer Platt

AFP Photo / Spencer Platt

A Chinese court has fined Apple Inc $160,400 over a copyright infringement, saying the company sold pirated electronic books via its App Store.

Under the court ruling, Apple must pay compensation to eight Chinese writers and two companies for violating their copyright, China’s Xinhua news agency reported on Friday.

The...

 
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