Home » Archives
Mobile Wallet Launched in UK
Mobile Wallet Launched in UK The idea of the mobile wallet is gaining popularity around Europe. The first service that allows users to pay for purchases via their mobile phone has been launched in the UK. Users wishing to use... (Continue reading)
Bomb Found in Ireland Before Queen Arrives
Bomb Found in Ireland Before Queen Arrives: LONDON — Hours before Queen Elizabeth II arrived in Dublin on Tuesday for the first visit by a reigning British monarch to the Irish Republic, the army there defused a pipe bomb discovered... (Continue reading)
Strauss-Kahn IMF Head charged over New York ‘sex crime’
Dominique Strauss-Kahn, The head of the International Monetary Fund, has been charged by New York police over an alleged sex attack on a hotel maid. Police say he faces three charges, including attempted rape. His lawyers say he denies the... (Continue reading)
China’s Economy Continues to Boom
China’s Economy Continues to Boom China’s economy continues to boom in March and inflation increased since 2008. China’s economy expands 9.7% as inflation speeds up. Consumer prices rose by 5.4% in March as compare to last year. In February, the... (Continue reading)
Japan Rebuild May Take 5 years and Costs About $235B
Japan Rebuild May Take 5 years and Costs About $235B due to Earthquake ans Tsunami: The March 11 Japan Earthquake & Tsunami— which killed more than 15,000 people and left thousands more missing, and ravaged northeastern Japan — will likely shave... (Continue reading)
Eurozone Jobless rate still 10%
Eurozone Jobless rate still 10% Unemployment in the eurozone remained at 10% in December, unchanged from the month before. The figure for the European Union as a whole also remained unchanged from November at 9.6%. Eurostat estimates that 15.7m people... (Continue reading)
China introduces first property tax for home buyers
China introduces first property tax for home buyers China has introduced its first property tax for home buyers to try to control record house prices and domestic inflation. The measure, which came into effect on Friday, will apply to those... (Continue reading)
Davos 2011. WEF in Davos
Davos 2011. World Economic Forum in Davos Every year some of the world’s most powerful people come to the World Economic Forum (WEF) in Davos. The WEF’s annual meeting is a great place to talk, think and get fresh ideas.... (Continue reading)
IMF forecasts faster global economic growth in 2011
Written on 25 Jan, 2011 at 18:31 in Business News, Latest News, World News | viewed times | 0 Comments
IMF forecasts faster global economic growth in 2011 The International Monetary Fund (IMF) has said that the global economy will grow faster this year than expected. The IMF revised up its growth forecast from 4.2% to 4.4%, but warned of... (Continue reading)
Bank of America Reports $1.2bn Loss
Written on 22 Jan, 2011 at 0:39 in Business News, Latest News, World News | viewed times | 0 Comments
Bank of America Reports $1.2bn Loss The bank announced a net loss of $1.2bn in the last three months of 2010, compared with a $5.2bn loss a year ago. However, last year’s results included a $4bn charge related to the... (Continue reading)