Business News – Weekly Newsletter for February 15-22, 2010
KOLKATA – Auto major Tata Motors group global sales, comprising Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, grew by 93 percent to 85,714 in January this year, a company statement said here Monday. It also included Tata passenger vehicles along with distributed brands in India, and Jaguar and Land Rover.
Japan, Aussie markets drop after China tightens TOKYO – Japanese and Australian markets fell Monday in thin regional trading as investors reacted to China’s move late Friday to curtail bank lending to cool off strong growth there.
Nurseries struggle with lagging economy These days, his flowers and vegetable seedlings have fewer places to … Read more »».
Tears, tentative steps for preteen samba queen RIO DE JANEIRO – Julia Lira, Rio’s 7-year-old Carnival drum corps queen, didn’t like one bit of the cameras that honed in on her as she led a lavish samba parade, and reacted as any child might – by having a good cry.
Toyota studies electronics again, trip undecided TOKYO – Toyota has still not decided whether its president will appear before the U.S. Congress, the automaker said Monday, but it promised to again look into possible electronic problems with its vehicles.
MOSCOW – Vladimir Lisin, the owner of the Russian steel giant Novolipetsk Steel, has been named Russia’s richest person with an estimated wealth of $18.8 billion by Russia’s Finans (Finance) business magazine. Mikhail Prokhorov, the president of Onexim Group who topped last year’s rankings, was second in the 2010 list with an estimated wealth of $17.85 …. Original article on Gaea Times at : Vladimir Lisin named richest Russian with $18.8 bn.
LONDON – A British couple have been declared winners of a 56 million (about $88 million) EuroMillions lottery, a media report said Monday. The prize would make the couple, who are to be unveiled at a press conference Monday, among some of the wealthiest in the country, according to the Sunday Times Rich List 2009, Guardian … Read more »»».
Israel discovers large ancient wine press The octagonal press measures 21 feet by 54 feet (6.5 by 16.5 meters) and was discovered in southern Israel, about 40 kilometers south of both Jerusalem and … Read more : Israeli archaeologists unearth exceptionally large Byzantine-era wine press.
Report: China to make massive investment in NKorea SEOUL, South Korea – China plans to invest billions of dollars in North Korea in an apparent effort to prod the impoverished country to rejoin international nuclear disarmament talks, a news report said Monday.
NEW DELHI – India’s annual rate of inflation, based on the wholesale prices index, rose to 8.56 percent in January from 7.31 percent in the previous month, driven by increasing food prices, official data released Monday showed. The annual inflation rate was 4.95 percent in January 2009.
WASHINGTON – Scientists are urging world leaders to avert a major starvation catastrophe by the end of the century. Specifically, they urged policymakers to begin thinking in dramatically different ways to meet food needs, in a significantly warmer world, regarding crops genetically modified to produce greater yields in harsher conditions.
New Delhi, Feb 15 IANS) India’s largest private telecom services provider, the Sunil Mittal-controlled Bharti Airtel, Monday said it has started exclusive talks to acquire Kuwait’s Zain for $10.7 billion to get a foothold in the African market. The takeover will not include Zain’s assets in Morocco and Sudan, the company said about the bid — … Read more : Bharti starts 40-day talks to acquire Kuwait’s Zain.
MUMBAI – A benchmark index for Indian equities was 54 points in the red after more than two hours of volatile trading Monday. At 11.19 a.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,186.9 points, was at 16,099.3 points, down 53.29 points or 0.33 percent from its previous close. … Read more »»».
BHUBANESWAR – Dense fog enveloped coastal Orissa for several hours Monday morning, disrupting road, air and rail traffic, officials said. Visibility was below 200 metres from 6 a.m. to 9.30 a.m. across the coastal belt, an official of the meteorological centre in Bhubaneswar said.
Rebecca Taylor tempers girly frocks with menswear NEW YORK – Rebecca Taylor’s vision for fall 2010 means a healthy dose of masculinity.
Custo Barcelona offers adventurous ‘hairy metal’ NEW YORK – Custo Barcelona has gone hairy.
KOLKATA – Indians, known for their craving for gold, are now looking at platinum jewelleries with equal enthusiasm, opening market for the elegant and exquisite shining white metal slowly but steadily. “For platinum, India is an established market, particularly the southern region, where Chennai and Bangalore are the two most important markets. There are around 300 [..] Read the original article: here.
Sao Paulo, Feb 15 (IANS/EFE) Brazilian employers were unable to fill 1.6 million jobs in 2009 due to a lack of qualified workers, especially in the areas of engineering, nutrition and dietetics, the Sine public employment agency network said. Low educational levels were identified as the principal factor in not filling these jobs in 2009, which …. Source : Gaea News Network.
Preteen samba queen cries at Rio’s Carnival RIO DE JANEIRO – She was cheered by legions of Carnival fans, but 7-year-old Julia Lira, the youngest drum corps queen in memory at Rio’s lavish party, broke down crying after being surrounded by cameras early Monday.
Record crowd sees East edge West in All-Star game ARLINGTON, Texas – The largest crowd ever to watch a basketball game roared from all corners of Cowboys Stadium, and the two superstars on the court smiled widely.
Sao Paulo, Feb 15 (IANS/EFE) French supermarket chain Carrefour has no plans to leave Brazil and will make more investments in the South American country, said the company’s top executive in Brazil, Jean Marc Pueyo. “Why would Carrefour put so much money into Brazil if it planned to sell? No, we are not going to sell. … Read more : France’s Carrefour rules out Brazil exit, plans investment.
CHENNAI – India’s life insurance industry is expected to grow by around 10 percent in 2010 over the previous year, mainly by improving efficiency but also by expanding in small towns and villages, industry experts say. They also expect life insurers to rebalance their sales mix – unit linked insurance policies (ULIP) and non-ULIP.
TOKYO – The Japanese economy grew faster than expected in the last three months of 2009, the government said in a preliminary report Monday. The nation’s gross domestic product (GDP) grew an annualized 4.6 percent in the October-December quarter, bolstered by exports to Asia and a rise in domestic demand supported by government stimulus measures, the … Read : Japan’s fourth quarter economic growth beats expectations.
All-Star game in Texas draws record crowd The NBA All-Star game at Cowboys Stadium set a record for the most-attended basketball game ever with a crowd of 108,713 people filling the stadium Sunday night.
Kelly Osbourne takes to runway for Betsey Johnson NEW YORK – Betsey Johnson took a tour through the Wild West on Sunday, showing off a newly model-slim Kelly Osbourne as her head bandito.
Japan 4Q GDP grows at 4.6 percent annual pace TOKYO – Japan’s economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Celine Dion says new movie a ‘VIP’ pass for fans NEW YORK – Celine Dion’s new movie, “Celine: Through the Eyes of the World,” does more than highlight her performances during her last world tour; it also allows fans rare glimpses of her offstage life.
Americans break through Nordic combined barrier WHISTLER, British Columbia – Gasping for air, American Johnny Spillane was gliding toward the finish line, cowbells clanking in his ears, the stars and stripes shimmering in the stands, a gold medal and greatness both within his grasp.
Summary Box: Chrysler dealers face tough 5 months THE PROBLEM: Chrysler Group LLC dealers face a tough five months with no new cars and trucks coming from the company until at least June.
Preteen samba queen to parade at Rio’s Carnival RIO DE JANEIRO – Thousands of boisterous samba fans came together to watch the first night of Rio’s Carnival parades Sunday, and all eyes are on a 7-year-old girl who is the youngest drum corps queen in memory.
A rate hike for the few _ until it’s you
Russia stars want NHL shutdown for Sochi in 2014 VANCOUVER, British Columbia – As players began streaming into Vancouver on Sunday for perhaps the most anticipated tournament of the four Olympics featuring the NHL’s big names, one of hockey’s most influential groups already is looking toward the 2014 Games in Sochi, Russia.
At NY Fashion Week, girls will be boys Menswear influences were everywhere during the week of previews, from the trendsetting runway of Alexander Wang to the typically ultra-feminine Victoria Beckham, who … Read the original article on Gaea Times at : Menswear look is hot for women in previews of fall styles at NY Fashion Week.
Ski federation president not in panic mode yet WHISTLER, British Columbia – The International Ski Federation isn’t ready to panic over the Whistler weather woes.
DUBAI – The United Arab Emirates (UAE) will host the 12th Woibex Global Businesswomen and Leaders Summit here March 8 to coincide with 100 years of International Women’s Day, WAM news agency reported. The Women Farmers Advancement Network (WOFAN) will organise the conference in partnership with Datamatix, an IT company, at the Burj Al Arab Hotel …. Source article : UAE to host 12th global businesswomen summit.
Victoria Beckham: Posh, classy and elegant styles NEW YORK – From the personal greeting she gave to each of her two dozen guests to the thoughtful answers to questions about the construction of her designs, Victoria Beckham staged an intimate preview of her fall collection at New York Fashion Week Sunday that was all class and … Original source on Gaea Times at : Victoria Beckham hosts fashion insiders for a classy moment at Fashion Week.
Investors brace for the next overseas surprise CHARLOTTE, N.C. – Investors may wish they had a crystal ball.
Caught in the open: a firefight with the Taliban BADULA QULP, Afghanistan – “Medic!” Bullets cracked through the dry grass. “Medic!”
Chrysler dealers upbeat, worried after meeting ORLANDO, Fla. – As he walked out of an auditorium Sunday afternoon, Grant Irwin Sr. pretty much summed up the feelings of Chrysler dealers who had just spent two hours listening the automaker’s new management.
British man detained in Gaza Hamas police spokesman Ehab Ghussein identified the man as a journalist and said he was suspected of breaking the law, but did not elaborate. The man’s name was not released.
Obama to visit jobs training center
Iran rejects US military dictatorship comments TEHRAN, Iran – Iran has hit back against U.S. Secretary of State Hillary Rodham Clinton’s warning that the Islamic republic is becoming a military dictatorship.
Greek customs officials begin 3-day strike ATHENS, Greece – Greek customs officials walked off the job Tuesday for a three-day strike to protest government austerity measures designed to pull the country out of a debt crisis that has shaken the entire eurozone.
Economy prompts fresh look at ND’s socialist bank BISMARCK, N.D. – It has no automatic tellers or drive-up windows, doesn’t issue credit cards, and tends only a few thousand checking and savings accounts. Its only location is a glass, steamboat-shaped headquarters near the Missouri River, where the business moved from its original 1919 home in a …. Read the original article : Economic woes, anger at banks prompt fresh look at socialist solution: Bank of North Dakota.
KUALA LUMPUR – Malaysia and India are set to follow up on the $468 million worth of potential trade avenues identified during last month’s India visit of Prime Minister Najib Tun Razak, with the next round of negotiations here March 28-30. These investments, if realised, will give the Malaysian economy a strong boost, said Mustapa Mohamed, … Original article on : Malaysian PM’s India visit drew $468 mn worth of potential deals.
MUMBAI – Engineering major Larsen and Toubro (L&T) Tuesday announced it had submitted a joint proposal with US defence technology firm Raytheon for upgrading India’s T-72 tanks. According to the proposal submitted earlier this month, in which L&T is the lead contractor, Raytheon will provide infrared imaging sights and electronics to improve the tank’s target accuracy …. Source article on Gaea Times at : Larsen and Toubro teams up with Raytheon to upgrade T-72 tanks.
CHENNAI – AIADMK general secretary J. Jayalalithaa Tuesday refuted Tamil Nadu Chief Minister M. Karunanidhi’s charge that her government kept sugarcane prices payable to farmers unaltered till 2004 and only allowed a hike a year later with an eye to assembly elections. The former chief minister said the South India Sugar Mills Association had filed a …. Original article : Jayalalithaa refutes Karunanidhi’s charges on cane pricing.
Most Hamas police applicants only want jobs GAZA CITY, Gaza Strip – Take this for a measure of Gaza’s economic woes: When the territory’s Hamas rulers announced plans to hire about 1,000 new policemen, 15,000 applied.
Barclays Q4 profit soars eight-fold on unit sale LONDON – Barclays PLC on Tuesday reported a fourth quarter profit of 6.9 billion pounds ($10.8 billion), more than eight times larger than a year earlier, due to gains on the sale of its Global Investors unit to a private equity company.
MUMBAI – Telecom operator Bharti Airtel’s scrip fell 3.19 percent during afternoon trade Tuesday, after plummeting over 9 percent the previous day as investors continued to speculate on the burden a $10.7 billion acquisition it has planned. At the Bombay Stock Exchange, the Bharti scrip was trading at Rs.276.30, a fall of 3.19 percent from its …. Source : Gaea News Network.
NEW DELHI – India, which has been procuring fighter aircraft and missiles worth $1.5 billion annually from Russia, is now looking to buy small weapons too – like assault rifles, sniper guns and automatic grenade launchers – for its paramilitary forces, especially after the 26/11 Mumbai terror attack. So far, India has largely depended on Israel …. Original source : Post 26/11, India turns to Russia for small weapons.
MUMBAI – A benchmark index for Indian equities was 93 points higher than its last close by early afternoon Tuesday, after a listless morning session. At 12.43 p.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,042.18 points, was at 16,131.53 points, up 93.18 points or 0.58 percent from …. Original article on Gaea Times at : Sensex moves up 93 points by early afternoon.
Obama to announce loan guarantee for nuclear plant
NEW DELHI – The Prime Minister’s Office (PMO) Tuesday denied that the performance of ministers would be judged by bureaucrats. “It is not factually correct to say that serving officers will evaluate the performance of the ministers,” the PMO said in a statement. “The Prime Minister’s order is clear that the entire process has to be … Original article on : Bureaucrats will not rate ministers, says PMO.
Beleaguered Toyota president to answer questions TOKYO – Toyota announced its president will answer more questions on the beleaguered company’s massive global recall at a press conference Wednesday after being lambasted for being largely invisible during the crisis.
KATHMANDU – As Nepal’s first President Ram Baran Yadav began his maiden state visit to India to cement ties with the neighbouring country, the country’s former Maoist guerrillas have prevented work at a hydropower project in western Nepal with major Indian investment. Survey at the 250 MW Upper Marsyangdi hydropower project in Lamjung district came to … Read more »».
RAIPUR – The Chhattisgarh government will table the annual budget in the state assembly next week with special focus on social and agriculture sectors, an official said Tuesday. “The cabinet has approved the state budget for fiscal year 2010-11 to be tabled in the state assembly Feb 22. The focus will be on social and agriculture … Original article on : Chhattisgarh budget to focus on social, farm sectors.
AGRA – The tourism industry in this city of the Taj Mahal feels the annual cultural festival Taj Mahotsava has now degenerated into a farce pandering to the basest instincts of the local audience, instead of the tourist-atracting spring fest it was meant to be. The 10-day festival that will start Thursday at Shilpgram, just 500 … Read the original article on Gaea Times at : Tourism industry disillusioned with Taj festival.
NEW YORK – Global demand for mobile telephones remains strong, despite the economic crisis, with the number of individual mobile cellular subscriptions likely to top 5 billion this year, according to the UN telecom agency. Advanced services and handsets in affluent countries and increased take-up of mobile banking and mobile health-care services in poorer nations is … Read the original article on Gaea Times at : Mobile phones to top 5 billion this year.
Asian markets higher in holiday-thinned trade BANGKOK – Asian stocks were modestly higher Tuesday in holiday-thinned trade as investors awaited another top level finance meeting on Greece’s debt crisis. European shares jumped.
AGRA – Love will be the theme of the Taj Mahotsava that opens here Thursday just 500 metres from that eternal monument to love, the Taj Mahal. The theme song that will open the 10-day annual cultural extravaganza this year in the Shilpgram campus highlights the love that pervades through the Bhakti movement, the legend of … Original source on Gaea Times at : Love to be food of music at Taj festival.
MUMBAI – A benchmark index for Indian equities opened on a volatile note Tuesday. About 10 minutes into trade, it was 36 points higher than its previous close. At 9.10 a.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,042.18 points, was at 16,074.85 points, up 36.5 points or 0.23 …. Original article on Gaea Times at : Sensex choppy in early trade.
NH hotel to reopen day after gas leak sickened 11 PORTSMOUTH, N.H. – A New Hampshire hotel that was closed after a toxic-gas leak sickened 11 people so badly they had to be hospitalized says it will reopen Tuesday.
Big reveal: Marc Jacobs shifts Fashion Week tone NEW YORK – With one move, Marc Jacobs changed the look and tone of New York Fashion Week. The designer, touted as the most influential in the U.S., ripped brown-paper wrapping off the box-within-a-box construction of his runway Monday night to reveal dozens of models in the most … Read this article on Gaea Times at : Marc Jacobs ushers in lady-like looks while others at NY Fashion Week go for gold.
ABU DHABI – A British business delegation is in the United Arab Emirates (UAE) to discuss ways to boost bilateral trade relations, WAM news agency reported. Lord Peter Mandelson, Britain’s business, innovation and skills secretary, is leading his country’s delegation.
Summary Box: Toyota’s plans to soothe customers THE DEALERS: About 300 Toyota dealers at a Florida convention heard executives say they are considering longer warranties and other incentives to draw customers after a spate of recalls.
BRUSSELS – The medicine recommended by US President Barack Obama to cut Wall Street down to size is not suitable for the European Union EU), the bloc’s finance ministers are expected to say in a report set for approval Tuesday. The White House has endorsed Jan 21 former Federal Reserve chairman Paul Volcker’s proposals to … Read this article on Gaea Times at : Obama’s bank reforms are not right for us: EU ministers.
Nebraska gives Bo Pelini a pay raise to $2.1M LINCOLN, Neb. – Nebraska has added a year to the contract of head coach Bo Pelini and raised his base pay to $2.1 million per year.
Obama to discuss jobs on Georgia visit March 2
Eurozone tells Greece to ready new cuts, taxes BRUSSELS – European finance ministers bluntly told Greece to prepare tougher spending cuts and new taxes in an attempt to snuff out a government debt crisis that has shaken the entire eurozone.
Bayh exits Senate against backdrop of angry voters
Private drug tester expands stake in Big Pharma RALEIGH, N.C. – Pharmaceutical companies previously did all their own research and testing and submitted the results to the Food and Drug Administration for approval to put a medication on the market. The agency’s review was devised to settle concerns about the drug makers’ vested interest in showing … Original source on Gaea Times at : Privately-owned drug tester Quintiles expands investment in pharmaceutical development.
Fashion Week goes for gold, silver and bronze NEW YORK – A little gold goes a long way. Same goes for silver and bronze.
Cody Ross and Marlins go to salary arbitration ST. PETERSBURG, Fla. – Florida Marlins outfielder Cody Ross has gone to salary arbitration, asking for $4.45 million rather than the team’s offer of $4.2 million.
Legislation templates make proposing bills easy NASHVILLE, Tenn. – For state legislators across the country, sponsoring bills can be as easy as filling in the blanks.
Dem. Sen. Evan Bayh says he won’t seek 3rd term
Toyota may lengthen warranties to keep customers ORLANDO, Fla. – Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.
Clinton: Iran is becoming a military dictatorship RIYADH, Saudi Arabia – U.S. Secretary of State Hillary Rodham Clinton said Monday Iran is sliding into a military dictatorship, a new assessment suggesting a rockier road ahead for U.S.-led efforts to stop Tehran from obtaining a nuclear weapon.
MUMBAI – A stray camel which got stuck on the railway tracks near the Maharashtra-Gujarat border Monday evening caused a major disruption in train traffic on the Mumbai-Ahmedabd sector of Western Railway, an official said. The camel got stuck on the railway bridge tracks between Boisar-Palghar, around 100 km north of Mumbai, at 7.30 p.m., said …. Original source : Camel stuck on rail tracks disrupts Mumbai-Ahmedabad services.
Israeli PM pushes for Iran sanctions in Moscow MOSCOW – Israeli Prime Minister Benjamin Netanyahu said Monday he pressed for “severe sanctions” against Iran over its nuclear program in his meeting with Russian President Dmitry Medvedev, and he praised the Russian leader for showing “an understanding” over the issue.
Oil above $77 amid improving US economy 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 signs US economy improving 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
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. 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.
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
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.
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. “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
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. “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.
Tut’s ills won’t kill fascination, historians say 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
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. 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 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
AP Top News at 3:35 a.m. EST
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. “We have told the …. Source : DRDO offers weapons, UAVs to police to fight 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. 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
Maine dairy farmers put new organic milk on market 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 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. 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.
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. In a state where sale and consumption of liquor is banned, the authorities are making things easier for tourists.
Merck: Studies boost Gardasil for new uses 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.
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. 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.
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. 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.
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. “The Directorate General of Hydrocarbons is working on what is called a national data …. Source : Gaea News Network.
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. 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.
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. 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 amid improving US economy 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.
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. 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.
Ex-eBay CEO defends strategy in Calif. gov’s race 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 signs US economy improving SINGAPORE – Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece’s debt crisis eased.
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.” A RIM statement here said the free BlackBerry Enterprise Server Express software will meet many demands of two segments of its market.
Astronauts take shutter-raising spacewalk 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: League hasn’t properly shared 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.
Pacific Warfighting Center in Pearl Harbor opens 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.
NEW YORK – US stocks rose strongly Tuesday amid some positive manufacturing data from New York and gains in financial shares and commodities. 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.
UK mortgage lending at 10-year low in January LONDON – Mortgage lending in the United Kingdom hit a 10-year low in January, following an unusual surge in December as buyers sought to beat a new-year tax increase, the Council of Mortgage Lenders said Thursday.
DHAKA – Bangladesh and India are to discuss cross-border power grid connectivity with participation from the state sector and private entrepreneurs, an official said. Indian Power Secretary H.S. Brahma will lead the Indian delegation while Secretary to the Power Division M. Abul Kalam Azad will lead the Bangladesh team during the official talks that begin here …. Source article on Gaea Times at : Delhi, Dhaka to discuss electricity sharing.
MUMBAI – State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) Thursday said gas had been discovered at an offshore Mozambique find in which its overseas subsidiary holds a 10 percent stake. Bharat PetroResources Ltd., a wholly owned subsidiary of BPCL, holds a 10 percent participating interest in the Rovuma Basin, Area I, shore Mozambique.
MUMBAI – A benchmark index for Indian equities continued to trade on a sluggish note Thursday afternoon and was ruling 129 points in the red about 45 minutes before closing bell. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,421.2 points, was trading at 16,299.7 points, down 129.21 points or … Read more >>.
Moody’s issues negative outlook for LA finances LOS ANGELES – A major credit-rating agency has issued a gloomy outlook for the financial situation in Los Angeles.
Google digital library faces outcry at NYC hearing NEW YORK – A highly anticipated hearing to decide if Google can legally build the world’s biggest digital library is set for federal court in New York City.
Daimler reports Q4 net loss of $482 million STUTTGART, Germany – German car and truck maker Daimler AG says it lost euro352 million ($482 million) in the fourth quarter of 2009 amid the global economic slump.
NEW DELHI – The government Thursday said it would take a call after the budget on providing a stimulus package for various export commodities which continued to fare poorly. “We will provide internal stimulus to those exports which are making losses only after the budget,” commerce secretary Rahul Khullar told reporters here while releasing a study …. Read the original article : here.
NEW DELHI – An unmanned aerial vehicle (UAV) that featured in the Aamir Khan starrer “3 Idiots” has been drawing considerable eyeballs at the DefExpo 2010 land and naval systems exhibition here. Visitors were mesmerized by a small bird like object hovering 50 metres above the ground and beaming down video footage of the surroundings. With …. Original article on Gaea Times at : ‘3 Idiots’ UAV attracts eyeballs at DefExpo.
NEW DELHI – Beleaguered national carrier Air India will get equity infusion of Rs.800 crore ($160 million) in two instalments to tide over its cash flow problem and to finance fleet acquisition plans. A meeting of the Cabinet Committee on Economic Affairs, presided over by Prime Minister Manmohan Singh here Thursday, approved the fresh equity induction …. Original article : Loss-ridden Air India to get Rs.800 cr fresh equity.
World markets slightly lower after big rally SINGAPORE – World stocks were mostly lower Thursday after rallying the previous day amid indications the U.S. economy is improving.
NEW DELHI – The first India-made airframe of the Sikorsky S-92 medium-lift helicopter will be handed over to the US firm in November and there is the distinct possibility of the entire chopper being manufactured in this country at some stage – the first time that a major aviation actitivity is being done in the …. Original source : Indian company makes chopper airframes for US.
Staffing company Randstad makes Q4 profit of $63M AMSTERDAM – Dutch staffing company Randstad Holding NV on Thursday said it made a profit in the fourth quarter, with its U.S. operations reporting growth for the first time in three years.
ABB reports Q4 net profit of $540 million Despite restructuring charges of $350 million, the company more than doubled its net profit from the $213 million earned in the same …. Read the original article : Swiss-Swedish engineering group ABB reports 4th quarter net profit of $540 million.
Societe Generale Q4 profit more than doubles PARIS – French bank Societe Generale SA said Thursday its net earnings more than doubled in the fourth quarter as its international retail and private banking operations returned to profit.
SHIMLA – India’s first Frozen Food Company Himachal Pradesh based Himalya International, which exports its products to USA has launched real fruit blended yogurts in the Metro cities under the brand name ‘Himalaya Fresh’. Chairman Himalya International Limited Manmohan Malik said, so far only plain and flavored yogurts are produced in India by major companies and … Original article on : Himalya International launches ‘Himalaya Fresh’.
Akzo Nobel reports smaller loss in Q4 Net loss was ???60 million ($81.5 million), versus a loss of …. Original article : Paint maker Akzo Nobel reports $81.5 million loss in 4th quarter.
NEW DELHI – Beleaguered national carrier Air India will get equity infusion of Rs.800 crore ($160 million) to tide over its cash flow problems and finance the fleet expansion plans. A meeting of the Cabinet Committee on Economic Affairs, presided over by Prime Minister Manmohan Singn here Thursday, approved the fresh equity for National Aviation Co …. Original article on Gaea Times at : Air India to get fresh equity worth Rs.800 crore.
Olympic Alpine site may be for sale during games WHISTLER, British Columbia – At the height of its Olympic glory, Whistler – the ski resort hosting glamorous Alpine events at the Winter Games – may be headed for the auction block.
WASHINGTON – A new study has revealed that when employees are rude to one another, it creates a negative impression that affects consumer judgments of the company. In the study, researchers Christine Porath, Debbie MacInnis, and Valerie Folkes from all University of Southern California found that consumers frequently witnessed incidents of employees behaving badly toward each …. Original article : Employee-employee incivility in front of customers is bad for business.
Tiger Woods starts comeback with a speech After that – who knows.
Iran launches first locally built naval destroyer TEHRAN, Iran – Iranian state TV is reporting that the country has launched its first domestically built destroyer, calling it a major technological leap for its naval industries.
Euro falls below 9-month lows at $1.3493 The 16-nation euro bought $1.3493 in in European morning trade Friday, down from the $1.3617 late … Original source on Gaea Times at : Euro down at $1.3493 in European morning trade as Fed tightens lending, Greece concerns linger.
Woods starts comeback with a speech After that – who knows.
Premiums jump 14 percent on Medicare private plans
Nestle makes $9.55 billion full-year profit GENEVA – Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop from the 18 billion francs it earned the previous year, when it benefited from the sale of part of its stake in eye care company … Original article on : Nestle reports $9.55 billion full-year net profit with sales of nearly $100 billion.
World stocks drop as Fed hikes emergency loan rate SINGAPORE – Asian stocks tumbled Friday after the U.S. central bank unexpectedly raised interest rates for emergency bank loans, triggering fears that growth could slow in the world’s largest economy. European markets also lost ground.
BHUBANESWAR – A green NGO Friday urged the central government to cancel the clearance granted to the Vedanta group for its alumina refinery in Orissa. It charged the firm with violating the clearance conditions, and said trucks bringing raw material to refinery were polluting the air. Biswajit Mohanty, secretary of the Wildlife Society of Orissa, has … Read this article on Gaea Times at : Green group seeks cancellation of clearance to Vedanta refinery.
PANAJI – India will order 29 more MiG-29K combat jets for the navy to add to the 16 planes that have already been contracted for, Defence Minister A.K. Antony said Friday. “As per the navy’s requirements we will be buying 29 additional fighter aircraft from Russia,” Antony told reporters after formally inducting the navy’s first four …. Source article on Gaea Times at : India to order 29 more combat jets for navy.
BANGALORE – The ubiquitous customer and his/her role in driving business growth occupied the centre-stage at the fifth Brand Summit 2010 here Friday. Godrej group chairman Adi Godrej, who delivered the inaugural address, highlighted the importance of emotional connect with the customer for brand building through authentic delivery of value.
Toyota’s president to testify before Congress TOKYO – Toyota’s president Akio Toyoda, under fire for his handling of sweeping recalls, will testify before a congressional hearing next week, appealing to U.S. lawmakers and aggrieved customers for understanding while the company fixes its safety problems.
MUMBAI – Selling pressure intensified at Indian equities markets Friday afternoon, pushing a key index 231 points below its previous close. At 1.30 p.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,256.53 points, was at 16,096.57 points, down 231.27 points or 1.41 percent from its previous close. … Read the original article on Gaea Times at : Selling intensifies, Sensex down 231 points.
The Government of Bihar and the Reserve Bank of India have, on February 19, 2010 signed a Memorandum of Understanding with regard to Urban Co-operative Banks (UCBs) in the State of Bihar. Consequent upon this, a State level Task Force on Urban Co-operative Banks (TAFCUB) has been constituted for Bihar. …. Original source : Government of Bihar signs MoU with Reserve Bank of India.
WASHINGTON – Facebook and its fan page module can be a very useful tool for increasing sales of a company, a new study claims. The new research from Rice University’s Jones Graduate School of Business suggests that the social networking site holds the potential of an effective social marketing tool that can improve word-of-mouth marketing and … Read more >>.
NEW DELHI – Following are the highlights of a review of the Indian economy conducted by the Prime Minister’s Economic Advisory Council headed by C. Rangarajan: - India’s growth pegged at 7.2 percent for this fiscal
Anglo American full-year profit down 54 pct LONDON – Mining company Anglo American PLC on Friday reported that full-year profits fell 54 percent as the global economic downturn hit sales of coal, iron ore and other metals.
NEW DELHI – India must initiate fiscal correction in the upcoming budget, but also tread carefully while exiting stimuli packages as it must not crowd out expenditure on infrastructure, the Prime Minister’s Economic Advisory Council said Friday. The government cannot continue with the kind of large revenue and fiscal deficits recorded in the last two years …. Source : Gaea News Network.
Carrefour 2009 net profit down 74 percent The world’s second-largest retailer behind Wal-Mart Stores Inc. said that net profit … Read this article on Gaea Times at : Carrefour full-year net profit drops 74 percent after $1.34 billion in turnaround costs.
INDORE – The Bharatiya Janata Party (BJP) Friday blamed futures trading in the commodity market for rising food prices. “The BJP believes that the most important reason for price rise, apart from incompetence and lack of leadership, is rampant corruption. Members of the cabinet have made money through futures trading in the commodity market,” senior party …. Source article : BJP blames futures trading for price rise.
NEW DELHI – India must take note of the success of Bt cotton in the country and formulate clear-cut policy on genetically modified crops, Prime Minister’s Economic Advisory Council said in a report presented Friday. The remarks come against the backdrop of the environment ministry’s recent moratorium on the commercial production of Bt brinjal following vehement …. Original article on Gaea Times at : PM’s council for clear policy on genetically modified crops.
AGARTALA – For the first time in India, non-government organisations (NGOs) will be involved in carrying out the country’s gigantic 2011 census operation, officials said here Saturday. “Besides senior officials, renowned personalities from among the NGOs have been selected as national trainers in each state to provide training to other officials to conduct the enumeration of … Read more >>>.
Cities vying to host next America’s Cup He now has at least two mayors of major California cities, Rhode Island’s governor and countless sailing enthusiasts pleading their cases for why their locales …. Source article : Cities vying to host next America’s Cup, which could add billions to local economy.
LONDON – Angry unions threatening strike action warned Tata-owned Corus it will face “maximum damage” as the steel giant began mothballing a plant in northeast England after investors walked away. Corus, the European arm of Tata Steel, began decommissioning its Teesside Cast Products (TCP) plant in Redcar – a step that would throw up to 1,600 …. Source : Tata Corus warned as it mothballs British plant.
Judge sets stage for trials over 9/11 illnesses NEW YORK – A federal judge has picked 12 ground zero responders whose cases will be the first to go to trial over illnesses caused by ash and dust from the World Trade Center following the terrorist attack.
Apologetic Tiger Woods unsure of return to golf PONTE VEDRA BEACH, Fla. – Somber, composed – and vulnerable – Tiger Woods faced the world and said the words out loud.
WASHINGTON – Over the past 50 years, the Philippines has more than tripled its rice yield while the world average rice yield has increased only about 2.3 times. Despite being criticised as a poor rice producer because of its status as the world’s biggest rice importer, the Philippines has done remarkably well in raising its … Original article on : Philippines triples rice yield.
TORONTO – Tata Group chairman Ratan Tata has said his conglomerate will expand its presence in Canada, hinting at mining as one of the areas of interest. Currently, the group’s Tata Consultancy Services (TCS) has operations across Canada, with offices in Montreal, Calgary and Mississauga in the Greater Toronto Area and presence in other cities. … Read the original article on Gaea Times at : Tata hints at investment in Canadian mining sector.
MUMBAI – Indian stock markets were caught up in volatile trading this week with a key index see-sawing between red and green terrains but managing to end Friday with meagre gains. Global cues were depressing too. Bourses across the world traded on an uncertain note after the US Federal Reserve’s decision to increase lending rates …. Source : Sensex static as traders wait for budget (Weekly Market Review).
AHMEDABAD – India may have record wheat production in the current Rabi season if rain or hail does not damage the crop that will soon be ready for harvest, says S. Nagarajan of the central agriculture ministry. Nagarajan, chairperson of the protection of plant varieties and farmers’ right authority, was delivering the keynote address at an … Original source on Gaea Times at : ‘India heading for record wheat production’.
Gas shortage raises Egyptians’ anger at government CAIRO – It’s something Egyptians rely on daily: the “ambooba,” the steel canister of government-subsidized cooking and heating gas, hooked to the stove or water heater in the cramped homes of nearly everyone in this country’s large population of poor.
KOLKATA – Coal India Ltd (CIL) is expected to come out with its Initial Public Offer (IPO) of shares by August, a company official said. “We discussed the tentative timeline with SEBI (Securities and Exchange Board of India) Friday,” Coal India Chairman Partha S. Bhattacharyya said Friday after meeting SEBI officials in Mumbai.
WASHINGTON – For the third time in a month, President Barack Obama has cited the success of India and China to exhort Americans to be prepared to meet increasing competition from other countries. “I said this during the State of the Union. I repeated it today in Henderson in my town hall. Other countries are not … Read more : Obama cites India again to ask Americans to buck up.
DHAKA – In a joint venture with India, a power plant will be set up in Bangladesh in three years to produce 1,320 MW. Two coal-fired units with production capacity of 660 MW each will be built in Khulna district, 180 km southwest of Dhaka.
Japan hopes Toyoda can clear image, cool friction TOKYO – Japan is looking to Toyota president Akio Toyoda’s appearance before U.S. lawmakers next week to help burnish an image marred by a flood of recalls – and to prevent grievances over the issue from fanning broader political tensions.
Frank McCourt’ wife seeks nearly $1M per month LOS ANGELES – The estranged wife of Los Angeles Dodgers owner Frank McCourt wants nearly $1 million per month in temporary support, arguing that he is trying to mislead the court about his financial resources.
Recalls: Granola bars - Trader Joe’s Company of Monrovia, Calif., is voluntarily expanding the recall of the Trader Joe’s Chocolate Chip Chewy Coated Granola Bars (SKU 82818) to include all code dates, manufactured by Bloomfield Bakery, a subsidiary of Ralcorp Holdings, Inc., because it has the potential to be contaminated with … Read more »»».
Banks in Calif., Ill., Fla., Texas are shut down
Facing budget crisis LA mayor to shutter agencies LOS ANGELES – Mayor Antonio Villaraigosa on Friday forecast a long season of painful budget cuts that will shutter city departments, force layoffs and potentially slash salaries for police, firefighters and other city workers.
Parents angry at Idol contestant Todrick Hall NASHVILLE, Tenn. – The success of an “American Idol” contestant is causing a stir among parents who are complaining they never got refunds for performance fees in a failed musical production Todrick Hall wrote and directed.
Parents angry at ‘American Idol’ contestant NASHVILLE, Tenn. – The success of an “American Idol” contestant is causing a stir among parents who are complaining they never got refunds for performance fees in a failed musical production Todrick Hall wrote and directed.
GANDHINAGAR – A six-member committee set up by the Supreme Court in the face of environmental concerns has agreed in principle that imported timber-based industries should be housed in the Kutch region of Gujarat, sources in the state government say. The panel is on an on-the-spot tour following a host of environmental and wildlife concerns which …. Source : Imported timber industries in Kutch likely.
LUCKNOW – Adversities and low output in other parts of the country notwithstanding, the sugar output has gone up in Uttar Pradesh and the state remains India’s second highest producer of the sweetener after Maharashtra. “According to an assessment we made on Feb 17, the state’s sugar production was expected to touch 41.60 lakh (4.16 million) …. Source : Gaea News Network.
NEW DELHI – Having opened the purse strings to weather the ills of global slowdown the past two years, Finance Minister Pranab Mukherjee appears set to re-start the process of fiscal consolidation in the national budget for 2010-11 to be presented Friday with the twin objective of pushing inclusive growth and containing prices. With fiscal deficit …. Read the original article : Mukherjee has room to budget for lower fiscal deficit.
AIZAWL – In an effort to touch base with people in far-flung areas, the Reserve Bank of India (RBI) is organising financial outreach programmes in remote villages of the country’s northeast as part of its 75th anniversary celebrations. The seventh such camp by the central bank was held in Mizoram’s Seling village, 55 km from [..] Read the original article: here.
AIZAWL – The Reserve Bank of India (RBI) has asked nationalised banks to provide banking services in all villages, far-flung areas and human habitations in the country, RBI deputy governor Subir Gokarn has said. “It is very important for every adult Indian citizen to have a bank account since a scheduled bank is not only a … Read more : RBI asks nationalised banks to reach far-flung areas.
LONDON – A tour tracing the life of Princess Diana, who died in 1997, has been launched here, taking tourists on a trip that includes the London flat where she lived before meeting Prince Charles, Buckingham Palace and Westminster Abbey. The three-hour trip, costing 75, shows all the key places in 36-year-old Diana’s life, Daily Express …. Source article on Gaea Times at : A tour that traces the life of Princess Diana for tourists.
MUMBAI – Reliance Life Insurance, a part of the Reliance Anil Dhirubhai Ambani Group, Sunday launched a new unit-linked insurance plan that “guarantees high returns” and targets policy holders from 30-day infants to 65-year senior citizens. “The new plan has been developed with the objective to maximise returns for policyholders and guarantees benefit at the highest …. Read the original article : Reliance Life launches new unit linked insurance product.
BEIJING – China’s television watchdog has initiated a fresh round of crackdowns on sex-related TV commercials, warning it might go as far as revoking broadcasting licences for those companies acting out of line. According to a circular posted Saturday on the State Administration of Radio, Film and Television (SARFT) website, all commercials for drugs, medical equipment … Read this article on Gaea Times at : China to tighten control on sex-related TV advertisements.
Reports: Japan to review car recall system TOKYO – Japan’s transport ministry may review and improve its car recall system, reports said Sunday, as Toyota Motor Corp. battles accusations it may have delayed acting on drivers’ complaints.
Durant, Thunder spoil McGrady’s Knicks debut NEW YORK – Tracy McGrady’s dazzling debut was just about everything the New York Knicks could have hoped for.
AP source: Tigers, Damon agree on $8M, 1-yr deal A person familiar with the negotiations tells The Associated Press the Detroit Tigers and Johnny Damon have reached a preliminary agreement on an $8 million, one-year contract.
Designer keeps it curvy on the London catwalk LONDON – Usually the domain of the waifishly thin, London’s catwalk got a dose of realism when knitwear designer Mark Fast deployed several plus-size models to fill his skintight creations Saturday.
In London, Rocha shows sleek-looking men’s coats LONDON – With autumn/winter fashion shows, it’s not a bad idea to toss in a few coats.
In London, PPQ proposes short shorts for winter LONDON – The design team PPQ has decided there are only two colors for next fall and winter – black and gold – and the shortest of short shorts is exactly what women need to fend off the winter chill.
Mugabe defends business take overs Mugabe’s governing partner, Prime Minister Morgan Tsvangirai’s Movement for Democratic Change, has said the law is unworkable and will discourage much-needed investment. The law was … Original article on : In 86th birthday broadcast, Mugabe defends business take overs.
Governors meet, brace for more economic turmoil WASHINGTON – On the recession’s front lines, governors brainstormed Saturday about the road ahead for states struggling with unrelenting joblessness and cut-to-the-bone budgets even as Washington reports signs of economic growth.
AP Top News at 3:41 p.m. EST
Governors brace for more economic turmoil
AP Top News at 3:24 p.m. EST
AP Top News at 2:42 p.m. EST
Monday, February 22, 2010
Tata Motors global sales up by 93 percent in January
Sales of all … Read more : Tata Motors global sales up by 93 percent in January.Japan, Australia stocks drop after China tightens policy; many markets shut for Lunar New Year
Many Asian markets, including Hong Kong, Shanghai, Singapore and Seoul, closed for the Lunar New Year holiday. U.S. markets would … Read more >>>.Nurseries, landscaping businesses suffer in stalled economy, experts expect a slow recovery
PORTLAND, Ore. – Like his father, grandfather and great-grandfather, David Niklas feels the quickening of spring as the season ramps up at his wholesale nursery in a farming community south of Portland. Niklas and his workers busily package plants for shipment.Tears, tentative samba steps for Rio’s preteen Carnival queen
But the sprite of a samba dancer … Read the original article on Gaea Times at : Tears, tentative samba steps for Rio’s preteen Carnival queen.Recall-battered Toyota to look into electronics again, president trip still undecided
Toyota Motor Corp. has been criticized as being slow in responding to the unfolding recall crisis, which has …. Source article on Gaea Times at : Recall-battered Toyota to look into electronics again, president trip still undecided.Vladimir Lisin named richest Russian with $18.8 bn
British couple wins $88 mn lottery
Israeli archaeologists unearth exceptionally large Byzantine-era wine press
JERUSALEM – Israeli archaeologists said Monday that they’ve discovered an unusually shaped 1,400-year-old wine press that was exceptionally large and advanced for its time.Report: China to make massive investment in NKorea in apparent effort to resume nuclear talks
The news came one week after North Korean leader Kim Jong Il told a visiting …. Source article : Report: China to make massive investment in NKorea in apparent effort to resume nuclear talks.India’s annual inflation rises to 8.56 percent in January
The latest data released by the commerce ministry … Read more : India’s annual inflation rises to 8.56 percent in January.Avert starvation catastrophe, scientists tell world leaders
Yields from some of the most … Read more »»».Bharti starts 40-day talks to acquire Kuwait’s Zain
Sensex 54 points down in choppy trade
Fog disrupts rail, air traffic in Orissa
The runway visibility at the Biju Patnaik Airport here was poor and … Read more »».Tuxedo touches, grandpa styling temper Rebecca Taylor’s girlish frocks
The New Zealand native, whose feminine frocks and silky blouses have become a staple during New York Fashion Week, delivered a collection Sunday that tempered her girly look with touches of menswear.
The clothes, in navy, …. Source : Tuxedo touches, grandpa styling temper Rebecca Taylor’s girlish frocks.Custo Barcelona offers hairy, adventurous celebration of textures, patterns
The loud, colorful Spanish label showed a collection Sunday inspired by “hairy metal.” It was a mishmash of shaggy fur and patterns delivered in extremes: ultra-short minis, leather hotpants, extra-shaggy fur and cropped jackets with knuckle-grazing sleeves.
The brand, which landed in the fashion … Read more : Custo Barcelona offers hairy, adventurous celebration of textures, patterns.Platinum becoming popular in India, slowly but steadily
1.6 million jobs go unfilled in Brazil in 2009
Preteen Carnival queen breaks down in tears at Rio’s Carnival
Dressed in a sequined halter top and a miniskirt made of purple feathers, … Read more : Preteen Carnival queen breaks down in tears at Rio’s Carnival.Record crowd of 108,713 at Cowboys Stadium sees East beat West 141-139 in All-Star game
Nope, not Dwyane Wade and LeBron James.
Try Jerry Jones and Mark Cuban.
They partnered to create a basketball spectacle that had …. Original source : Record crowd of 108,713 at Cowboys Stadium sees East beat West 141-139 in All-Star game.France’s Carrefour rules out Brazil exit, plans investment
Life insurance industry may grow 10 percent in 2010
“We …. Read the original article : Life insurance industry may grow 10 percent in 2010.Japan’s fourth quarter economic growth beats expectations
Not only bigger in Texas, the biggest: NBA All-Star game sets attendance record for basketball
ARLINGTON, Texas – Not only bigger in Texas. The biggest.
“It’s meant to be a party,” Dallas Mavericks owner Mark Cuban said. “We say … Original article on : Not only bigger in Texas, the biggest: NBA All-Star game sets attendance record for basketball.Betsey Johnson tours the Wild West with Kelly Osbourne as runway star
Some of the looks – inspired by saloon girls, vagabonds, gamblers and other ne’er-do-wells – will be available immediately in Betsey Johnson stores, a … Read more : Betsey Johnson tours the Wild West with Kelly Osbourne as runway star.Japan 4Q GDP grows at 4.6 percent annual pace as exports bolster recovery
The government said Monday that real gross domestic product grew at an annual pace of 4.6 percent in the October-December period. The average forecast of 15 … Original source on Gaea Times at : Japan 4Q GDP grows at 4.6 percent annual pace as exports bolster recovery.Celine Dion says new documentary a ‘VIP’ pass for fans; talks about being an ‘open book’
The documentary shows Dion as a goofy jokester, a doting mother, a … Read more : Celine Dion says new documentary a ‘VIP’ pass for fans; talks about being an ‘open book’.Chappuis wins gold as US finally reaches podium with Spillane’s silver in Nordic combined
Just a stride and ahalf away from being crowned an Olympic champion, out … Read : Chappuis wins gold as US finally reaches podium with Spillane’s silver in Nordic combined.Summary Box: Chrysler dealers see hard months waiting for new, updated models to hit showrooms
THE WORRY: Although dealers say they are optimistic about a partnership with Italy’s Fiat Group SpA, many worry about their finances because current models … Read this article on Gaea Times at : Summary Box: Chrysler dealers see hard months waiting for new, updated models to hit showrooms.Preteen Carnival queen shakes up 1st night of Rio’s samba parades
Julia Lira, her toothy grin and quick footsteps splashed across media … Read more »»».Spiraling insurance is only about a small group of consumers _ until you don’t have coverage
To critics, a 39 percent hike in health insurance for some Californians foretells skyrocketing rates for the rest of us. Not so, says the company, arguing the increase only hits a relatively small number of people and the economy is to blame.
But …. Source : Gaea News Network.Believing the league owes them, Russian stars want NHL shutdown for Sochi Olympics _ or else
The message being delivered by …. Original article : Believing the league owes them, Russian stars want NHL shutdown for Sochi Olympics _ or else.Menswear look is hot for women in previews of fall styles at NY Fashion Week
NEW YORK – Fashionable women would do well to raid their boyfriends’ closets come fall, judging from the looks shown Sunday at New York Fashion Week.AP Interview: Ski federation president says men’s downhill delay OK from European standpoint
Actually, FIS president Gian-Franco Kasper told The Associated Press that European broadcasters are pleased the men’s downhill was shifted from Saturday to Monday.
The race is now slated for 10:30 a.m. PST, which …. Source article on Gaea Times at : AP Interview: Ski federation president says men’s downhill delay OK from European standpoint.UAE to host 12th global businesswomen summit
Victoria Beckham hosts fashion insiders for a classy moment at Fashion Week
Greece’s debt crisis, China’s bank curbs: What other surprises might rattle the market?
Stocks have been in flux over the past few weeks as surprises kept coming from overseas. Greece’s debt crisis, similar troubles in Portugal, and China’s latest moves to slow down its economy have kept investors guessing.
At least the news …. Original source : Greece’s debt crisis, China’s bank curbs: What other surprises might rattle the market?.Short and furious, gunfight with Taliban shows challenges of fighting the Afghan insurgency
“Who’s hit?” someone yelled. The American soldiers were pinned down in a ditch Sunday, bodies prone in the mud.
“I don’t know!” another voice shouted in the din of gunfire.
A U.S. soldier was down, shot in the …. Source article on Gaea Times at : Short and furious, gunfight with Taliban shows challenges of fighting the Afghan insurgency.Chrysler dealers optimistic, yet worried, after meeting with new management team at convention
The 73-year-old dealer from Northwest Oklahoma said he’s impressed by the executives installed by Fiat and … Read : Chrysler dealers optimistic, yet worried, after meeting with new management team at convention.Diplomats says Briton detained in Gaza; Hamas says journalist suspected of breaking the law
GAZA CITY, Gaza Strip – Hamas security forces arrested a British man in Gaza on Sunday, British and Hamas officials said.
The British … Read this article on Gaea Times at : Diplomats says Briton detained in Gaza; Hamas says journalist suspected of breaking the law.Obama to drop in on jobs training center, speak about creating energy jobs
WASHINGTON – President Barack Obama travels into the Maryland suburbs outside Washington this morning to tour a jobs training center.
The center is located at an International Brotherhood of Electrical Workers’ local in Lanham, Maryland. Afterward, Obama will talk about new investments by the administration to create energy jobs, … Original article on : Obama to drop in on jobs training center, speak about creating energy jobs.Iran strikes back against Clinton’s military dictatorship comments
Iran’s Foreign Minister Manouchehr Mottaki instead has tried to turn the tables, referring to the Americans as the architects of the Vietnam War and calling them … Read : Iran strikes back against Clinton’s military dictatorship comments.Greek customs officials begin 3-day strike to protest government austerity measures
The strike, which will hamper imports and exports until Thursday, came a day after European …. Source article : Greek customs officials begin 3-day strike to protest government austerity measures.Economic woes, anger at banks prompt fresh look at socialist solution: Bank of North Dakota
Malaysian PM’s India visit drew $468 mn worth of potential deals
Larsen and Toubro teams up with Raytheon to upgrade T-72 tanks
Jayalalithaa refutes Karunanidhi’s charges on cane pricing
Hamas flooded with police applicants, but most just looking for work
Only a few of those reporting for fitness tests one recent afternoon expressed an interest in police work or said they …. Original article on Gaea Times at : Hamas flooded with police applicants, but most just looking for work.Barclays 4th quarter profit 8 times larger than year-ago due to asset management unit sale
The result compared to a net profit …. Source article on Gaea Times at : Barclays 4th quarter profit 8 times larger than year-ago due to asset management unit sale.Bharti scrip sinks 3.19 percent in afternoon trade
Post 26/11, India turns to Russia for small weapons
Sensex moves up 93 points by early afternoon
At job training center, Obama to announce loan guarantee to build 1st nuclear plant in decades
WASHINGTON – President Barack Obama is highlighting a new investment in energy jobs with an announcement that the government will guarantee more than $8 billion in loans needed to build the first U.S. nuclear power plant in nearly three decades.
Obama was to make remarks Tuesday after … Read the original article on Gaea Times at : At job training center, Obama to announce loan guarantee to build 1st nuclear plant in decades.Bureaucrats will not rate ministers, says PMO
Toyota: President set to answer more questions on global recalls, quality control efforts
Toyota Motor Corp. President Akio Toyoda – who may appear before U.S. Congressional hearings later this month – will [..] Read the original article: here.Maoists stop work at another Indian venture in Nepal
Chhattisgarh budget to focus on social, farm sectors
Tourism industry disillusioned with Taj festival
Mobile phones to top 5 billion this year
Asian markets higher in holiday-thinned trade but Greece worries not far from surface
Markets in Shanghai, Hong Kong, Taiwan, Singapore and Malaysia were closed for Lunar New Year holidays. Wall Street was closed Monday for the Presidents Day …. Source : Asian markets higher in holiday-thinned trade but Greece worries not far from surface.Love to be food of music at Taj festival
Sensex choppy in early trade
NH hotel to reopen day after boiler room gas leak sickened 11, including 9 guests by the pool
The problem at the Hilton Garden Inn in downtown Portsmouth on Monday morning was traced to a leaking … Read the original article on Gaea Times at : NH hotel to reopen day after boiler room gas leak sickened 11, including 9 guests by the pool.Marc Jacobs ushers in lady-like looks while others at NY Fashion Week go for gold
UAE, Britain seek to boost trade ties
Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi opened the meeting of the UAE and … Read the original article on Gaea Times at : UAE, Britain seek to boost trade ties.Summary Box: Toyota may extend warranties and offer other incentives after recalls
THE REPAIRS: Toyota says it has repaired 500,000 of the 2.3 million vehicles recalled for sticky gas pedals.
WHAT’S NEXT: As repairs … Read more : Summary Box: Toyota may extend warranties and offer other incentives after recalls.Obama’s bank reforms are not right for us: EU ministers
Nebraska gives Bo Pelini a pay raise to $2.1M and extends contract through 2014 season
The deal keeps Pelini at the Huskers’ helm through Feb. 28, 2015. It provides a retention bonus as well: $500,000 if he’s … Read more »»».Obama to discuss jobs, economy on visit to Savannah, Ga., on March 2
WASHINGTON – President Barack Obama will talk about jobs and the economy when he travels to Savannah, Ga., on March 2.
The president will meet with workers, small-business owners and local leaders to discuss ideas for creating jobs and growing the economy. It will be the …. Source article : Obama to discuss jobs, economy on visit to Savannah, Ga., on March 2.Eurozone finance ministers tell Greece to get ready to cut spending, launch new taxes
The 16 countries that use the euro warned Greece on Monday that it will need to take …. Read the original article : Eurozone finance ministers tell Greece to get ready to cut spending, launch new taxes.Bayh leaves Senate blaming partisanship, but against backdrop of angry, frustrated public
WASHINGTON – The stunning announcement by centrist Indiana Democratic Sen. Evan Bayh that he’s retiring from a Congress he no longer loves adds yet another name to a list of lawmakers fleeing a town they say has become acidly partisan. And it gives Republicans a … Read more : Bayh leaves Senate blaming partisanship, but against backdrop of angry, frustrated public.Privately-owned drug tester Quintiles expands investment in pharmaceutical development
Going for the gold: No, not Olympics, NY Fashion Week
No, this isn’t an Olympic event – it’s New York Fashion Week, where metallic fabrics shone on the runways.
“A little sparkle adds a lot to your wardrobe,” Tracy Reese said backstage before her …. Source article on Gaea Times at : Going for the gold: No, not Olympics, NY Fashion Week.Outfielder Cody Ross and Florida Marlins go to salary arbitration hearing
Arbitrators James Oldham, Margaret Brogan and Howard Edelman are expected to issue a decision Tuesday, a day after hearing arguments.
Ross hit .290 with … Read the original article on Gaea Times at : Outfielder Cody Ross and Florida Marlins go to salary arbitration hearing.Making laws the easy way: Groups offer templates so state legislators can fill in the blanks
Groups from both ends of the political spectrum offer lawmakers model legislation requiring a minimal amount of tailoring from state to state. The nonpartisan Council of State Governments even issues an … Read more >>>.Democratic Sen. Evan Bayh of Indiana says he won’t seek a third term in Congress
INDIANAPOLIS – Democratic Sen. Evan Bayh says he will not run for a third term in Congress.
Bayh said at a news conference in Indianapolis on Monday that he believed he would have been re-elected despite “the current challenging environment” in Congress.
He attributed his decision …. Original article : Democratic Sen. Evan Bayh of Indiana says he won’t seek a third term in Congress.Toyota considering longer warranties, incentives for buyers as it tries to get past recalls
The company has not decided exactly what it will do after it gets past the recalls, which include more than 8 million … Read this article on Gaea Times at : Toyota considering longer warranties, incentives for buyers as it tries to get past recalls.Clinton: Iran becoming a military dictatorship with the Guard Corps supplanting government
As the first high-level Obama administration official to make such an … Read the original article on Gaea Times at : Clinton: Iran becoming a military dictatorship with the Guard Corps supplanting government.Camel stuck on rail tracks disrupts Mumbai-Ahmedabad services
Israel’s prime minister presses for severe Iran sanction in meeting with Medvedev
The meeting came just days after Iran announced …. Source article on Gaea Times at : Israel’s prime minister presses for severe Iran sanction in meeting with Medvedev.Oil extends gains above $77 in Asia after surging on signs US economy improving
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 growing investor confidence in US economy, Greece debt crisis easing
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.Toyota to install brake override system in new models
Liquidity Adjustment Facility : Auction Results
… 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.RBI Reference Rate for US $ and Euro
India, EU free trade pact by end 2010: Envoy
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.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
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.New criteria to identify BPL families soon: Minister
“The … Read the original article on Gaea Times at : New criteria to identify BPL families soon: Minister.Toyota president won’t attend Congress hearing on safety lapses, promises brake-override
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 »».BNP Paribas posts fourth straight quarterly profit, but earnings still below pre-crisis level
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 >>>.DRDO offers weapons, UAVs to police to fight extremists
Palintest launches handheld digital chlorine tester for potable water
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.10 struggling Maine dairy farmers unite to put new organic product, MOOMilk, in supermarkets
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 sub-machinegun can pierce bullet-proof jackets: DRDO
Now, drinking permits at Ahmedabad airport
The liquor permit entitles a person to buy liquor … Read : Now, drinking permits at Ahmedabad airport.Merck: Studies show Gardasil vaccine protects older women, gay men from genital cancers, warts
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.Hyderabad airport adjudged amongst top five in world
Inflation rate to be moderate in next 2 months: Mukherjee
India drafting new regime to auction hydrocarbon assets: Secretary (Interview)
Global crisis to drag 21 million Asians into poverty
“On the basis …. Original article on Gaea Times at : Global crisis to drag 21 million Asians into poverty.We will boost democracy, Dhaka tells foreign donors
Oil hovers above $77 in Asia after surging on signs US economy improving
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.Sensex opens strong, up 203 points
Former eBay CEO says her campaign strategy is to reach voters, not buy Calif. gov election
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 growing investor confidence in US economy, Greece debt crisis easing
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.BlackBerry unveils new server to access work email
First, the software will …. Original article : BlackBerry unveils new server to access work email.Astronauts take 3rd and final spacewalk to help unveil phenomenal new ‘window on the world’
CAPE CANAVERAL, Fla. – A pair of astronauts are spacewalking for the third and last time, and it promises to be a grand finale.NFLPA says league hasn’t properly provided low-revenue teams with supplemental 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.Military opens $48 million Pacific Warfighting Center in Pearl Harbor
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.US stocks surge on financials, energy, manufacturing data
The price of oil jumped nearly 4 percent … Read : US stocks surge on financials, energy, manufacturing data.Banks say UK mortgage lending hit 10-year low in January after surge in December
Gross lending was 9.1 billion pounds ($14.2 billion) in January, the lowest monthly …. Original article : Banks say UK mortgage lending hit 10-year low in January after surge in December.Delhi, Dhaka to discuss electricity sharing
BPCL partner finds gas in Mozambique
“The …. Original article on Gaea Times at : BPCL partner finds gas in Mozambique.Sensex still sluggish, breadth weak
Moody’s Investors Service downgrades Los Angeles financial outlook
Moody’s Investors Service on Wednesday reduced its opinion of the city’s finances from “stable” to “negative” because the city has delayed addressing its $212 million budget deficit.
The move could ultimately lead … Read the original article on Gaea Times at : Moody’s Investors Service downgrades Los Angeles financial outlook.NYC judge set for chorus of discontent over Google online library before deciding its fairness
Thursday’s hearing provides Manhattan Judge Denny Chin with oral arguments to go with more than 500 written submissions since Google Inc. … Read this article on Gaea Times at : NYC judge set for chorus of discontent over Google online library before deciding its fairness.German car and truck maker Daimler reports 4th quarter net loss of $482 million
The loss compares with a euro1.53 billion loss in the fourth quarter of 2008.
Revenue for the October-December period was euro21.3 billion, …. Source : Gaea News Network.Government to look at stimulus for weak export sectors in April
‘3 Idiots’ UAV attracts eyeballs at DefExpo
Loss-ridden Air India to get Rs.800 cr fresh equity
World markets slightly lower as investors look for new catalyst after big rally
Major markets in Asia and Europe posted modest losses as investors looked for a new catalyst to drive prices higher after Wednesday’s gains. Oil prices slid below $77 a barrel …. Source article on Gaea Times at : World markets slightly lower as investors look for new catalyst after big rally.Indian company makes chopper airframes for US
Staffing company Randstad reports profit in Q4, says companies are taking on temporary workers
Net profit for the world’s second-largest supplier of temporary employees was euro46 million ($62.5 million), against a …. Read the original article : Staffing company Randstad reports profit in Q4, says companies are taking on temporary workers.Swiss-Swedish engineering group ABB reports 4th quarter net profit of $540 million
ZURICH – Swiss-Swedish engineering group ABB Ltd. reported a net profit of $540 million for the fourth quarter Thursday, helped by cost-cutting and a weak U.S. dollar.Societe Generale 4th quarter profit up to $303M as international retail ops return to profit
The Paris-based bank said its net profit in the three months ending Dec. 31 was euro221 million ($303 million), up …. Source article : Societe Generale 4th quarter profit up to $303M as international retail ops return to profit.Himalya International launches ‘Himalaya Fresh’
Paint maker Akzo Nobel reports $81.5 million loss in 4th quarter
AMSTERDAM – Akzo Nobel NV, the world’s largest maker of paint, reported a smaller net loss for the fourth quarter on Thursday as a big write-off hit last year’s results and demand began to recover in its key markets.Air India to get fresh equity worth Rs.800 crore
Glamorous ski resort that’s home to Alpine events may be for sale _ during the Olympics
It’s owned by a New York hedge fund that is reportedly behind on a $524 million … Original article on : Glamorous ski resort that’s home to Alpine events may be for sale _ during the Olympics.Employee-employee incivility in front of customers is bad for business
Sullied by a sex scandal, Tiger Woods to make first public comments
PONTE VEDRA BEACH, Fla. – Out of sight for almost three months, Tiger Woods will be back for a day.
Golf’s biggest star is to make his first public appearance Friday since he ran his SUV over a fire hydrant and into a tree outside his …. Source : Sullied by a sex scandal, Tiger Woods to make first public comments.Iran launches first locally built naval destroyer, calling it a major technological leap
Iran has declared many such advances in its military industries and sciences to demonstrate self-sufficiency despite sanctions and attempts by the U.S. …. Source article : Iran launches first locally built naval destroyer, calling it a major technological leap.Euro down at $1.3493 in European morning trade as Fed tightens lending, Greece concerns linger
FRANKFURT – The euro has fallen below nine-month lows against the dollar after the U.S. Federal Reserve started unwinding some of its cheap liquidity measures for banks and as concerns about Greece’s budget linger.Sullied by a sex scandal, Woods to make first public comments
PONTE VEDRA BEACH, Fla. – Out of sight for almost three months, Tiger Woods will be back for a day.
Golf’s biggest star is to make his first public appearance Friday since he ran his SUV over a fire hydrant and into a tree outside his Florida …. Original article : Sullied by a sex scandal, Woods to make first public comments.Millions of seniors face 14 percent premium increase for popular Medicare Advantage plans
WASHINGTON – Millions of seniors who signed up for popular private health plans through Medicare are facing sharp premium increases this year – another sign that spiraling costs are a problem even for those with solid insurance.
A study to be released Friday by a major consulting … Read more »».Nestle reports $9.55 billion full-year net profit with sales of nearly $100 billion
World markets fall as Fed’s hike of emergency loan rate spurs investor concern about US growth
The Federal Reserve said Thursday it will bump up the so-called “discount” lending …. Original source : World markets fall as Fed’s hike of emergency loan rate spurs investor concern about US growth.Green group seeks cancellation of clearance to Vedanta refinery
India to order 29 more combat jets for navy
Emotional connect with customer key to branding: Godrej
Emotional connect with the customer complements …. Read the original article : Emotional connect with customer key to branding: Godrej.Toyota president vows to speak ’sincerely,’ seek understanding from Congress, American people
Japanese officials praised the decision by Toyoda, grandson of the company’s founder, to … Read this article on Gaea Times at : Toyota president vows to speak ’sincerely,’ seek understanding from Congress, American people.Selling intensifies, Sensex down 231 points
Government of Bihar signs MoU with Reserve Bank of India
Facebook fan pages ‘effective’ marketing tool
Highlights of economic review by PM’s council
- Economy to grow 8.2 percent and 9 percent over next two years
- Agriculture output to decline 0.2 percent …. Original source : Highlights of economic review by PM’s council.Anglo American full-year profit down 54 percent as recession hits key metals and coal markets
Net profit for 2009 was $2.43 billion, down from $5.2 billion a year earlier. Revenue fell by 25 percent to …. Original article : Anglo American full-year profit down 54 percent as recession hits key metals and coal markets.PM’s council for cautious exit from fiscal stimulus
Carrefour full-year net profit drops 74 percent after $1.34 billion in turnaround costs
PARIS – French retailer Carrefour SA said Friday that net profit last year fell 74 percent, impacted by euro1 billion ($1.34 billion) in restructuring charges linked to shuttering stores in Italy and turning around its stalling French operations.BJP blames futures trading for price rise
PM’s council for clear policy on genetically modified crops
NGOs to be involved in India’s 2011 census
Cities vying to host next America’s Cup, which could add billions to local economy
SAN FRANCISCO – The courtship of billionaire Larry Ellison began almost as soon as his space-age trimaran sailed to victory in the 33rd America’s Cup.Tata Corus warned as it mothballs British plant
Judge sets stage for trials over 9/11 illnesses, picks 12 responders to represent thousands
More than 9,000 people who played a role in the massive … Read this article on Gaea Times at : Judge sets stage for trials over 9/11 illnesses, picks 12 responders to represent thousands.Tiger Woods apologizes for ‘irresponsible’ behavior, is unsure when he’ll play golf again
“I cheated.”
“I am deeply sorry.”
“I understand people have questions.”
What Woods did not do Friday was answer a couple of the biggest: What really happened? When will he …. Original article on Gaea Times at : Tiger Woods apologizes for ‘irresponsible’ behavior, is unsure when he’ll play golf again.Philippines triples rice yield
Tata hints at investment in Canadian mining sector
Sensex static as traders wait for budget (Weekly Market Review)
‘India heading for record wheat production’
Cooking gas shortage leaves Egyptians waiting in long lines, fuming at government
So in recent weeks, when the amboobas stopped coming, the …. Source article on Gaea Times at : Cooking gas shortage leaves Egyptians waiting in long lines, fuming at government.IPO of Coal India expected by August
He said the …. Original source : IPO of Coal India expected by August.Obama cites India again to ask Americans to buck up
India agrees to set up 1,320 MW power plant in Bangladesh
A bilateral document prior to signing of a Memorandum of … Read more : India agrees to set up 1,320 MW power plant in Bangladesh.Japan looking to Toyota’s president to clear tarnished image, prevent frictions over recalls
With his company facing the worst crisis in its …. Original article on Gaea Times at : Japan looking to Toyota’s president to clear tarnished image, prevent frictions over recalls.Frank McCourt’s wife seeks nearly $1 million per month from Dodgers owner
The amount was revealed in a 1,423-page court filing unsealed Thursday in which Jamie … Read more »»».Product Recalls: Granola bars
The following recalls have been announced:Regulators shut banks in Calif., Ill., Fla., Texas, putting US bank failures at 20 for year
WASHINGTON – Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades.
The Federal Deposit Insurance Corp. took over La Jolla Bank, … Read more >>>.Facing budget crisis, LA Mayor Villaraigosa plans to close 2 agencies
Over the next 16 months, the nation’s second-largest city needs to close spending gaps of …. Original article on Gaea Times at : Facing budget crisis, LA Mayor Villaraigosa plans to close 2 agencies.Parents angry over American Idol contestant Todrick Hall’s failed musical, want fees returned
Hall, who on Tuesday made it into the top 24 on “American Idol,” wrote … Read this article on Gaea Times at : Parents angry over American Idol contestant Todrick Hall’s failed musical, want fees returned.Parents angry over American Idol contestant’s failed musical, want performance fees returned
Hall, who on Tuesday made it into the top 24 on “American Idol,” wrote “Oz, …. Source : Parents angry over American Idol contestant’s failed musical, want performance fees returned.Imported timber industries in Kutch likely
Uttar Pradesh sugar output up despite adversities
Mukherjee has room to budget for lower fiscal deficit
RBI organises outreach programmes in northeast villages
RBI asks nationalised banks to reach far-flung areas
A tour that traces the life of Princess Diana for tourists
Reliance Life launches new unit linked insurance product
China to tighten control on sex-related TV advertisements
Reports: Japan’s Transport Ministry to review car recall system, in sharpening focus on safety
The step reflects deepening concerns in Japan over Toyota’s recalls of more than 8 million vehicles, most of them in … Read more : Reports: Japan’s Transport Ministry to review car recall system, in sharpening focus on safety.McGrady scores 26 points in Knicks debut, but Durant has 36 in Thunder’s 8th straight win
It just wasn’t enough to stop Kevin Durant and the surging Oklahoma City Thunder.
Durant scored 36 points and made the go-ahead jumper with 16 seconds left in overtime, and the Thunder beat …. Source article on Gaea Times at : McGrady scores 26 points in Knicks debut, but Durant has 36 in Thunder’s 8th straight win.Person familiar with negotiations: Tigers, OF Johnny Damon agree on $8 million, one-year deal
The person, who talked Saturday on condition of anonymity because the deal hasn’t been announced, says the contract is subject to … Read more : Person familiar with negotiations: Tigers, OF Johnny Damon agree on $8 million, one-year deal.Designer Mark Fast deploys plus-size models, helps make London’s catwalk a little curvier
The Canadian-born Fast was at the center of a minor stir at last season’s Fashion Week after media …. Original article : Designer Mark Fast deploys plus-size models, helps make London’s catwalk a little curvier.In London, John Rocha shows sleek-looking men’s coats _ but womenswear suffers by comparison
Designer John Rocha went a step further, showing a dozen layered shearling, leather and felt wool coats for men that blew away the rest of his collection Saturday at London Fashion Week.
The coats … Original article on : In London, John Rocha shows sleek-looking men’s coats _ but womenswear suffers by comparison.In London, PPQ offers short shorts for winter; black dresses with golden trim
Really.
Funny thing was, their shiny gold one-piece short ensemble … Original source on Gaea Times at : In London, PPQ offers short shorts for winter; black dresses with golden trim.In 86th birthday broadcast, Mugabe defends business take overs
HARARE, Zimbabwe – President Robert Mugabe defended a law requiring Zimbabwean businesses to be controlled by blacks, underlining differences with his governing partners in an interview Saturday.With states still reeling from recession, governors brainstorm about tough road ahead
“The worst probably is yet to come,” warned Gov. Jim Douglas, R-Vt., chairman of the National Governors Association. He …. Source : With states still reeling from recession, governors brainstorm about tough road ahead.AP Top News at 3:41 p.m. EST
Fighting rages as Karzai urges restraint from NATO
MARJAH, Afghanistan – U.S. Marines and Afghan soldiers advanced through poppy fields of Marjah on Saturday under withering gunfire from Taliban fighters shooting from mudbrick homes and compounds where families huddled in terror. President Hamid Karzai urged NATO to do more to … Read more : AP Top News at 3:41 p.m. EST.With states still reeling from recession, governors brainstorm about the tough road ahead
WASHINGTON – On the recession’s front lines, governors are struggling to chart the road ahead for states staggered by unrelenting joblessness and cut-to-the-bone budgets even as Washington reports signs of economic growth.
“The worst probably is yet to come,” warned Gov. Jim Douglas, R-Vt., chairman of the …. Read the original article : here.AP Top News at 3:24 p.m. EST
Fighting rages as Karzai urges restraint from NATO
MARJAH, Afghanistan – U.S. Marines and Afghan soldiers advanced through poppy fields of Marjah on Saturday under withering gunfire from Taliban fighters shooting from mudbrick homes and compounds where families huddled in terror. President Hamid Karzai urged NATO to do more to … Read more »»».AP Top News at 2:42 p.m. EST
Live From Washington! It’s Obama health care dramaWASHINGTON – Coming soon to daytime television: America’s long-running civic drama over how to provide better health care to more of its people without breaking the bank. President Barack Obama summons anxious Democrats and aloof Republicans to a … Read the original article on Gaea Times at : AP Top News at 2:42 p.m. EST.
Monday, February 22, 2010
Comment Bellow
YOUR VIEW POINT