Business News – Newsletter for February 17, 2010
Oil extends gains above $77 in Asia after surging on signs US economy improving Benchmark crude for March delivery was up 50 cents at $77.51 a barrel at late afternoon Singapore time in electronic trading …. Original source : Oil extends gains above $77 in Asia after surging on signs US economy improving. World markets higher on growing investor confidence in US economy, Greece debt crisis easing SINGAPORE – World stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece’s debt crisis eased. AP Top News at 4:48 a.m. EST Toyota to install brake override system in new models When a driver steps on both the accelerator and brake pedals, the system is to let the brake function to kick in …. Source article : Toyota to install brake override system in new models. Liquidity Adjustment Facility : Auction Results The results of the RBI Repo/Reverse Repo auctions held on February 17, 2010 are: Amount (face value in Rs. crore) Item 1 day Reverse Repo Auction (Sale of securities by RBI) 1 day Repo Auction AP Top News at 4:36 a.m. EST AP Top News at 4:35 a.m. EST AP Top News at 4:27 a.m. EST RBI Reference Rate for US $ and Euro The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.02 and the Reference Rate for Euro is Rs.63.36 on February 17, 2010. The corresponding rates for the previous day (February 16, 2010) were Rs.46.18 and Rs.62.98 respectively. Based on the Reference Rate for US dollar and … Read : RBI Reference Rate for US $ and Euro. India, EU free trade pact by end 2010: Envoy “Our mandate is to complete the negotiations for the …. Original article : India, EU free trade pact by end 2010: Envoy. AP Top News at 4:07 a.m. EST After juices, DRDO turns to bio-diesel “Five-six DRDO labs are working together to produce bio-diesel from Jatropha plants. The project started one year ago and has a deadline … Read more : After juices, DRDO turns to bio-diesel. Revelations show King Tut was weak, sickly, but experts say it won’t tarnish boy-king’s image CHICAGO – It turns out Egypt’s beloved boy-king wasn’t so golden after all – or much of a wild and crazy guy, for that matter. AP Top News at 3:56 a.m. EST New criteria to identify BPL families soon: Minister To formulate guidelines to identify BPL families across the country, the union government had constituted an expert group headed by renowned economist Suresh D. Tendulkar. Toyota president won’t attend Congress hearing on safety lapses, promises brake-override TOKYO – Toyota’s president says he won’t attend a U.S. Congressional hearing on the automaker’s safety lapses. AP Top News at 3:38 a.m. EST BNP Paribas posts fourth straight quarterly profit, but earnings still below pre-crisis level BNP Paribas posts fourth straight quarterly profit AP Top News at 3:35 a.m. EST DRDO offers weapons, UAVs to police to fight extremists “We have told the …. Source : DRDO offers weapons, UAVs to police to fight extremists. Palintest launches handheld digital chlorine tester for potable water The new product uses the tried and tested DPD standard method in conjunction with a photometric analyser to give near-instant results. This method produces highly accurate results and … Read more »»». AP Top News at 3:13 a.m. EST 10 struggling Maine dairy farmers unite to put new organic product, MOOMilk, in supermarkets PORTLAND, Maine – Maine dairy farmers hope their new organic milk, called MOOMilk, becomes as popular among natural-food buffs as Maine lobster is among seafood lovers. New sub-machinegun can pierce bullet-proof jackets: DRDO The SMG is 100 percent indigenous and specially designed to fight against militants in close combat. Its ammunition can pierce through …. Read the original article : here. Now, drinking permits at Ahmedabad airport In a state where sale and consumption of liquor is banned, the authorities are making things easier for tourists. Merck: Studies show Gardasil vaccine protects older women, gay men from genital cancers, warts TRENTON, N.J. – The Gardasil vaccine protected most young women from cervical cancer and homosexual men from anal cancer, according to new studies released Wednesday by its maker, Merck & Co. Hyderabad airport adjudged amongst top five in world The survey, conducted by Airports Council International (ACI), an autonomous body representing world airports, adjudged the airport in the Andhra Pradesh …. Original source : Hyderabad airport adjudged amongst top five in world. Inflation rate to be moderate in next 2 months: Mukherjee High inflation is a matter of concern. Measures taken to tame inflation will take some time. …. Source article : Inflation rate to be moderate in next 2 months: Mukherjee. India drafting new regime to auction hydrocarbon assets: Secretary (Interview) “The Directorate General of Hydrocarbons is working on what is called a national data …. Source : Gaea News Network. Global crisis to drag 21 million Asians into poverty The report, entitled “Achieving the Millennium Development Goals in an Era of Global Uncertainty”, said the global downturn has hampered the region’s efforts to reduce poverty. We will boost democracy, Dhaka tells foreign donors The Anti-Corruption Commission and human rights bodies would also be strengthened, the Bangladesh Development Forum (BDF) 2010, a consortium of development partners, was told … Read the original article on Gaea Times at : We will boost democracy, Dhaka tells foreign donors. Oil hovers above $77 in Asia after surging on signs US economy improving SINGAPORE – Oil prices hovered above $77 a barrel Wednesday in Asia after surging the previous day amid expectations a growing U.S. economy will fuel increased crude demand. Sensex opens strong, up 203 points At 9.36 a.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,228.91 points, was at 16,430.32 points, up 203.64 points or 1.25 percent from …. Read the original article : Sensex opens strong, up 203 points. Former eBay CEO says her campaign strategy is to reach voters, not buy Calif. gov election LAFAYETTE, Calif. – Former eBay chief executive Meg Whitman on Tuesday dismissed criticism that she is trying to buy the California governor’s seat by spending millions from her personal fortune. Asian markets higher on growing investor confidence in US economy, Greece debt crisis easing SINGAPORE – Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece’s debt crisis eased. BlackBerry unveils new server to access work email A RIM statement here said the free BlackBerry Enterprise Server Express software will meet many demands of two segments of its market. Astronauts take 3rd and final spacewalk to help unveil phenomenal new ‘window on the world’ Robert Behnken and Nicholas Patrick floated out of the shuttle-station complex Tuesday night. One of their primary jobs is to unwrap the International Space Station’s phenomenal new domed lookout … Read the original article on Gaea Times at : Astronauts take 3rd and final spacewalk to help unveil phenomenal new ‘window on the world’. NFLPA says league hasn’t properly provided low-revenue teams with supplemental revenue funds NEW YORK – The NFL Players Association accused the league Tuesday of not sharing as much supplemental revenue with its lower-income teams as it is supposed to. Military opens $48 million Pacific Warfighting Center in Pearl Harbor PEARL HARBOR, Hawaii – The military is opening a $48 million high-tech facility in Pearl Harbor it expects to use for exercises, training and battle simulations. US stocks surge on financials, energy, manufacturing data Bank of America led the financial gains after reporting an unexpected rise in mortgage loans. Better-than-expected earnings from Britain’s Barclay’s Plc also bolstered the sector.
Wednesday, February 17, 2010
Oil above $77 amid improving US economy
SINGAPORE – Oil prices extended gains above $77 a barrel Wednesday in Asia after surging the previous day amid expectations a growing U.S. economy will fuel increased crude demand.
World markets higher on signs US economy improving
Most major European and Asian equity markets rose, bolstered by a 1.7 percent jump in the Dow Jones industrial average Tuesday. Markets in China and Taiwan were closed … Read : World markets higher on growing investor confidence in US economy, Greece debt crisis easing.
AP Top News at 4:48 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Source : AP Top News at 4:48 a.m. EST.
TOKYO – Toyota Motor Corp president Akio Toyoda announced Wednesday that the automaker would install a brake-override system in all new vehicles to rebuild trust after a string of global recalls in recent months.
… Read this article on Gaea Times at : Liquidity Adjustment Facility : Auction Results.
AP Top News at 4:36 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Source article on Gaea Times at : AP Top News at 4:36 a.m. EST.
AP Top News at 4:35 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are … Read more >>.
AP Top News at 4:27 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Read the original article : here.
CHENNAI – A far-reaching free trade agreement will be “ready to be signed” between India and the European Union by the end of this year even as child labour and intellectual property rights regime in this country remain sore points, EU ambassador here Daniele Smadja has said.
AP Top News at 4:07 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Original article : AP Top News at 4:07 a.m. EST.
NEW DELHI – After winning appreciation for its products like juices, ready-to-eat food and mosquito repellents, India’s Defence Research and Development Organisation (DRDO) has taken up a project to produce bio-diesel from Jatropha plants.
Tut’s ills won’t kill fascination, historians say
But will research showing King Tut was actually a hobbled, weak teen with a cleft palate and club foot kill enthusiasm for a mummy that …. Source article : Revelations show King Tut was weak, sickly, but experts say it won’t tarnish boy-king’s image.
AP Top News at 3:56 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Original source : AP Top News at 3:56 a.m. EST.
AGARTALA – The central government will soon announce new criteria for identifying Below Poverty Line (BPL) families, V. Narayanasamy, minister of state for planning and parliamentary affairs, said here Wednesday.
“The … Read the original article on Gaea Times at : New criteria to identify BPL families soon: Minister.
Toyota president won’t attend Congress hearing
Toyota’s U.S. executives will answer lawmakers’ questions on the massive gas pedal recalls, Akio Toyoda said Wednesday.
The Toyota Motor Corp. president said he wants to focus on beefing up quality controls at the world’s …. Original source : Toyota president won’t attend Congress hearing on safety lapses, promises brake-override.
AP Top News at 3:38 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are … Read more »».
PARIS – French bank BNP Paribas posted its fourth straight quarterly profit on Wednesday but said earnings are still below pre-crisis levels.
The eurozone’s largest banking group said it earned a net profit of ???1.37 billion ($1.87 billion) having lost an identical amount a year earlier. Profits increased … Read more : BNP Paribas posts fourth straight quarterly profit, but earnings still below pre-crisis level.
AP Top News at 3:35 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are … Read more >>>.
NEW DELHI – India’s Defence Research and Development Organisation (DRDO) that has hitherto been catering to the demands of the armed forces, is now offering unmanned aerial vehicles (UAVs) and other weapons and equipment to the paramilitary forces and the state police forces for their operations against the Maoists and other extremists.
MUMBAI – Palintest Ltd., one of the world’s leading companies in water quality analysis, has launched a new digital Chlorometer for fast, accurate and easy chlorine level measurement.
AP Top News at 3:13 a.m. EST
Afghan official: Taliban using human shields
MARJAH, Afghanistan – Taliban fighters are increasingly using civilians as human shields in the assault on the southern town of Marjah, an Afghan official said Wednesday as military squads resumed painstaking house-to-house searches in the Taliban stronghold. About 15,000 NATO and Afghan troops are …. Source article : AP Top News at 3:13 a.m. EST.
Maine dairy farmers put new organic milk on market
Ten dairy farmers formed Maine’s Own Organic Milk Co., MOOMilk for short, last year after their contracts weren’t renewed by large milk …. Original article on Gaea Times at : 10 struggling Maine dairy farmers unite to put new organic product, MOOMilk, in supermarkets.
NEW DELHI – India’s Defence Research and Development Organization (DRDO) says it has developed a modern sub-machinegun (SMG) that will be extremely useful in anti-terror operations as its ammunition is capable of piercing bullet-proof jackets.
AHMEDABAD – Visitors to Gujarat, India’s only state where sale and consumption of alcohol is banned, can now obtain permits to buy liquor at the domestic airport.
The liquor permit entitles a person to buy liquor … Read : Now, drinking permits at Ahmedabad airport.
Merck: Studies boost Gardasil for new uses
The vaccine is designed to block four of the most common strains of the sexually transmitted human papilloma virus, … Read the original article on Gaea Times at : Merck: Studies show Gardasil vaccine protects older women, gay men from genital cancers, warts.
LONDON – The Hyderabad international airport has been named amongst the world’s top five in the annual Airport Service Quality (ASQ) passenger survey along with the ones at Seoul, Singapore, Hong Kong and Beijing.
NEW DELHI – Measures taken by the government to tame inflation will take some time to have their effect but the country would have a “moderate rate of inflation” in the next two months, Finance Minister Pranab Mukherjee said Wednesday.
NEW DELHI – India is working on a new policy to auction hydrocarbon assets for exploring oil and gas reserves on a perpetual basis, with a database being drawn up of all the country’s potential reserves, Petroleum Secretary S. Sundaresan has said.
MANILA – The global financial crisis could drag 21 million people of the Asia-Pacific region into extreme poverty, a UN and Asian Development Bank report said Wednesday.
“On the basis …. Original article on Gaea Times at : Global crisis to drag 21 million Asians into poverty.
DHAKA – Bangladesh has assured international donors that it will further improve the working of its parliament and boost democracy to facilitate an inclusive and faster pace of development.
Oil hovers above $77 amid improving US economy
Benchmark crude for March delivery was up 37 cents at $77.38 a barrel at midday Singapore time in electronic trading on …. Read the original article : Oil hovers above $77 in Asia after surging on signs US economy improving.
MUMBAI – A benchmark index for Indian equities opened strong Wednesday and after 35 minutes of trade was ruling 203 points higher than its previous close.
Ex-eBay CEO defends strategy in Calif. gov’s race
The Republican candidate responded to questions about her spending as an independent Democratic group prepares to launch a media …. Read the original article : Former eBay CEO says her campaign strategy is to reach voters, not buy Calif. gov election.
Asian markets higher on signs US economy improving
All major Asian equity markets rose, bolstered by a 1.7 percent jump in the Dow Jones industrial average Tuesday. Markets in China and Taiwan were closed for the … Original article on : Asian markets higher on growing investor confidence in US economy, Greece debt crisis easing.
TORONTO – BlackBerry maker Research In Motion (RIM) Tuesday unveiled new server that will allow its smart phone users to wirelessly access their work or corporate email “without compromising security.”
First, the software will …. Original article : BlackBerry unveils new server to access work email.
Astronauts take shutter-raising spacewalk
CAPE CANAVERAL, Fla. – A pair of astronauts are spacewalking for the third and last time, and it promises to be a grand finale.
NFLPA: League hasn’t properly shared revenue funds
Jeffrey Kessler, the outside counsel for the NFLPA, said that a filing by the union is a result of the NFLPA concluding that …. Source : NFLPA says league hasn’t properly provided low-revenue teams with supplemental revenue funds.
Pacific Warfighting Center in Pearl Harbor opens
Commanders may also use the Pacific Warfighting Center to direct forces during disaster relief efforts and war.
Navy Adm. Robert Willard, the head of the … Original source on Gaea Times at : Military opens $48 million Pacific Warfighting Center in Pearl Harbor.
NEW YORK – US stocks rose strongly Tuesday amid some positive manufacturing data from New York and gains in financial shares and commodities.
The price of oil jumped nearly 4 percent … Read : US stocks surge on financials, energy, manufacturing data.
Thursday, February 18, 2010
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