China Building Global Alternative To GPS
Western powers that led the space race for the past 55 years now face stiff competition from China . On Monday, a Chinese Long March 3B rocket successfully lifted off to carry the country's 12th and 13th global navigation satellites into orbit
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Germany’s Retail Sales Rise 0.8% In March On Unemployment Decline
Germany ’s retail sales rose in March compared to the previous month with the boost in purchasing power in households as unemployment declined. According to the figures reported by the Federal Statistics Office on Monday retail sales rose 0.8 percent in March from February. This report came last month when the rate of unemployment fell to a record low of 6.7 percent in March from 6.8 percent in February, indicating that in spite of the debt crisis looming over eurozone, there was optimism in businesses in Germany .
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Global Markets Overview – 04/30/2012
FROM MORRISON SECURITIES PTY. LTD: U.S. STOCK MARKETS Solid quarterly results from consumer-oriented stocks including Amazon.com sent stocks higher Friday, pushing benchmarks to their biggest weekly advance since mid-March.
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US Diplomat In China For Talks On Escaped Activist Chen Guangcheng Ahead Of Bilateral Summit: Report
A senior US diplomat arrived in Beijing Sunday ahead of schedule as the reports of US protection to escaped Chinese activist Chen Guangcheng triggered tension between both the countries. Kurt Campbell, US Assistant Secretary of State, reached Beijing ahead of the annual high-level US- China diplomatic and economic talks scheduled to start Thursday. The US embassy officials refused to explain the reasons for the advancement of Campbell's visit, but an Associated Press report said that the diplomat was expected to discuss issues ranging from the US support to the escaped blind human rights activist to proposed arms sale to Taiwan
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Sunday Times Rich List: Britain’s Richest Get Richer Despite Eurozone Crisis, Lakshmi Mittal Retains Crown
Europe's plundering financial crisis has hardly impacted the UK's richest, according to the Annual Sunday Times Rich List. The list reveals that Briton's richest has got richer despite the economic crisis when most of the average Britons' income and savings depleted due to inflation, according to Reuters
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Sunday Times Rich List: Lakshmi Mittal is Britain’s Richest Man
Ducking the recessionary trends in the economy, the UK's richest have become richer over the past year, reveals the Annual Sunday Times Rich List. The new list includes a total of 1,000 wealthiest people with an accumulated wealth of is £414bn, a rise of 4.7 per cent from 2011 and a record since the beginning of the survey which is in the 24th year now. The newspaper's 2012 Rich List has 77 billionaires, a new record and includes two more billionaires than the previous record of 75 in 2008.
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US, India To Sign $8 Billion Defense Deal: Nancy Powell
The US and India are in the final stages of signing an $8 billion defense deal that would make India a key market for the US foreign military sales, US Ambassador to India Nancy Powell said at her first public speech in New Delhi on Friday, Reuters reported.
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