Featured

Swedish investment bank unveils new share-issue plan

Stockholm  - Stockholm-based Carnegie Investment Bank AB on Monday unveiled plans to issue new shares worth 1.2 billion kronor (151 million dollars).

The announcement came shortly the board of the Swedish Financial Supervisory Authority (FSA) was to meet to decide on possible sanctions against Carnegie.

Carnegie has been under review after it disclosed a writedown of 1 billion kronor over "an individual credit commitment" in its recent third-quarter report.

The new issue consisted of two parts of which 400 million kronor was for a new shareholder and the rest to current owners, the investment bank said.

The new issue hinged on Carnegie keeping its licences to operate.

Infertile Woman to give Birth after first Ovary Transplant Pregnancy

A 38-year-old infertile woman from London is about to set a record by becoming the first woman to give birth following a full ovary transplant to result in a successful pregnancy.

The woman was declared sterile when her ovaries stopped producing hormones when she was 15 and went through menopause while still in her teens. In a revolutionary new procedure she became pregnant just over a year after receiving a donor ovary from her identical twin sister.

How First World War soldiers on Western Front used to live in underground tunnels

London, Nov 10: Archaeologists have excavated an extensive network of First World War tunnels near the Belgian town of Ypres, which provide an insight into the underground life of the soldiers on Western Front during that period.

The tunnels were built by the Royal Engineers in the closing stages of the First World War.

According to a report in the Telegraph, the survey of the dugout, named ‘Vampire’, has shed fascinating new light on the experiences of the tens of thousands of soldiers who lived in similar subterranean workings, from the North Sea to the Swiss frontier, with dozens of poignant items of everyday life recovered.

Shoaib Malik says team united under his command

Shoaib MalikKarachi, Nov 10 : Pakistan cricket captain Shoaib Malik has said that his entire team was united under his command ahead of the forthcoming ODI series against West Indies, from November 12-16.

He looked buoyed by fast bowler Shoaib Akhtar’s return in the team.

“We are completely united and the boys are eager to take the field against the West Indies. Shoaib is once again bowling at a good pace and his return will surely inspire the younger boys in the side,” The News quoted Malik as saying.

Study: Pictures of Beautiful women make Men Insecure

Mama Africa dies as she lives: lilting against tyranny

Mama Africa dies as she lives: lilting against tyranny Johannesburg  - Miriam Makeba, South Africa's "Mama Africa", who died at 76 in Italy on Sunday, was the much-loved voice of her country's anti-apartheid struggle during her long years in exile and an ambassador for African music in the West.

Born outside Johannesburg on March 4, 1932, in Soweto township, Makeba was the first female African musician to receive a Grammy award, which came in 1966 for her album with Calypso king Harry Belafonte, entitled An Evening with Belafonte/Makeba.

Pages