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Videogame maker THQ files for bankruptcy  SAN FRANCISCO: The US videogame company behind popular titles "Saints Row" and "Red Faction" said on Wednesday it had filed for bankruptcy while wrangling to sell its assets to "a stalking horse bidder."   California-based THQ Inc. planned to continue operating its business while positioning itself to be taken over.   "We are pleased to have attracted a strong financial partner for our business, and we hope to complete the sale swiftly to make the process as seamless as possible," THQ chairman Brian Farrell said in a release.   "The sale and filing are necessary next steps to complete THQ's transformation and position the company for the future, as we remain confident in our existing pipeline of games, the strength of our studios and THQ's deep bench of talent."   The company's operations outside of the United States were not included in the filing in US federal bankruptcy court.   THQ's moves came as the traditional console videogame industry grapples ...


Two cups of milk daily enough for most kids: study  NEW YORK: Two cups of cow's milk per day may be enough for most kids to have the recommended amount of vitamin D in their blood while maintaining a healthy iron level, suggests a new study.   "One of the common questions I get from parents when their kids become toddlers is, 'how much milk should they be drinking?' But we didn't have a good answer," said Dr. Jonathon Maguire, the study's lead author from Toronto's TARGet ...

"Breakfast at Tiffany NEW YORK: The US National Film Registry on Wednesday named 25 films to be preserved as cultural treasures, ranging from Audrey Hepburn's 1961 classic "Breakfast at Tiffany's" to Clint Eastwood's "Dirty Harry" and the sci-fi action movie "The Matrix."    The film list also includes the 1992 female ensemble comedy-drama, "A League of Their Own," directed by Penny Marshall, and "Born Yesterday," which starred Judy Holliday and was released in 1950, and the 1983 holiday classic "A ...

Taylor Swift keeps Bruno Mars out of Billboard 200 top spot  LOS ANGELES: Country pop star Taylor Swift held her reign at the top of the Billboard 200 album chart on Wednesday, keeping retro-inspired R&B singer Bruno Mars' new album at bay.   Swift's latest album, "Red," released in October, held the No. 1 slot for a fifth non-consecutive week with sales of 208,000, according to figures from Nielsen SoundScan.   Center>Copyright Reuters, 2012

Facebook puts mobile ads test on hold  SAN FRANCISCO: Facebook said Wednesday it is halting a test of placing ads in "apps" that synch to the leading social network, renewing questions on how it will boost revenues from members using smartphones or tablets.   "We are pausing our mobile ads test off of Facebook," a company spokesman said in an email response to an AFP inquiry.   "While the results we have seen and the feedback from partners have been positive, our focus is on scaling ...

Handbags drawn as Bardot weigh into Depardieu tax row PARIS: Former sex kitten Brigitte Bardot was at her catty best on Wednesday as she weighed into the row over Gerard Depardieu's move into tax exile with a scathing attack on the French actor's critics.   Depardieu's move to Belgium has been derided as "pathetic" by Prime Minister Jean-Marc Ayrault while another top French actor, Philippe Torreton, publicly accused him of sulking like a playground creep.   That prompted Bardot, 77, to tell Torreton to "keep his venom, his ...

Django Unchained premiere cancelled to honor U.S school shooting victims AYESHA SIDDIQUI   KARACHI: According to the latest reports the Los Angeles premiere of Django Unchained set for this Tuesday, has been cancelled by Producers the Weinstein Company.   A statement was issued to foreign media sources saying the cancellation of the much-awaited event was to honor the victims of the Sandy Hook Elementary School shooting in Connecticut.   The premiere was supposed to kick-off at a red carpet event followed by an after-party, however now it has been decided there ...


 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
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Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln