India’s top court clears Posco, Vedanta projects in key rulings
NEW DELHI, August 10, 2008 (AFP) – India’s top court has cleared South Korean steel giant Posco’s plan for a 12-billion-dollar plant in a …
World
Italian contraction sets eurozone alarm bells ringing
MILAN, August 10, 2008 (AFP) – The Italian economy contracted in the second quarter, official data showed, adding to a deepening sense of gloom about the …
Western concern over oil and gas pipelines through Georgia
LONDON, August 10, 2008 (AFP) – Western concerns are growing over the impact of bloody clashes between Georgia and Russia on a key oil pipeline through …
US, Europeans scramble to prevent Georgia-Russia war
WASHINGTON, August 9, 2008 (AFP) – The United States and European Union are leading a diplomatic push to prevent all-out war between Georgia and Russia, …
Online social networking sites are hacker playgrounds
LAS VEGAS, August 8, 2008 (AFP) – Computer security researchers on Thursday warned that online social networking websites are playgrounds for hackers who …
ASEAN, India to sign free trade pact in December: official
BANGKOK, August 8, 2008 (AFP) – Southeast Asian nations will sign a free trade pact with India in December on the sidelines of a regional summit in …
Oil prices slide beneath 116 dollars
LONDON, August 8, 2008 (AFP) – Crude prices slumped below 116 dollars a barrel on Friday as the market shrugged off confirmation that separatist Kurdish …
German insurer Allianz warns on profits after weak second quarter
FRANKFURT, August 7, 2008 (AFP) – Shares in the German insurance group Allianz plunged on Thursday after the group warned that it would not reach its …
India completes key trade road in Afghanistan
KABUL, August 07, 2008 (AFP) – India has almost completed a key road linking Afghanistan to Iranian sea ports despite Taliban attacks that claimed more …
US, UN condemn military coup in Mauritania
WASHINGTON, August 6, 2008 (AFP) – US Secretary of State Condoleezza Rice on Wednesday condemned the military coup in Mauritania and called for the …
US charges 11 in massive credit, debit card scam
WASHINGTON, August 6, 2008 (AFP) – Eleven people were indicted in Boston Tuesday for stealing and selling some 40 million credit and debit card numbers …
Fed avoids rate hike as oil bubble pauses
WASHINGTON, August 5, 2008 (AFP) – The Federal Reserve, in a widely predicted move, kept its main interest rate unchanged at 2.0 percent Tuesday citing …
Britain’s Prince Philip has prostate cancer: report
LONDON, August 6, 2008 (AFP) – Queen Elizabeth II’s elderly husband Prince Philip has been diagnosed with prostate cancer but is defying the …
Intel reveals design for fast, efficient future chips
SAN FRANCISCO, August 4, 2008 (AFP) – Intel on Monday revealed details of a new generation of chips designed for video game lovers, multi-taskers, and …
Australian central bank leaves rates on hold as credit demand slows
SYDNEY, August 5, 2008 (AFP) – Australia’s central bank left interest rates unchanged Tuesday at a 12-year high of 7.25 percent and indicated …
Scores of Australians duped by Olympic ticket scam: reports
SYDNEY, August 4, 2008 (AFP) – Scores of Australians have been caught in an alleged global scam believed to have conned people worldwide into buying …
ArcelorMittal’s takeover of Chinese steelmaker on hold: company
BEIJING, August 4, 2008 (AFP) – China Oriental said Monday a takeover of the firm by ArcelorMittal had stalled after Chinese regulators failed to give …
S Korea unveils plans to become regional oil storage hub
SEOUL, August 4, 2008 (AFP) – South Korea, the world’s fifth largest crude importer, Monday announced plans for a regional oil storage hub to …
Murdoch plans six new Indian regional TV channels
MUMBAI, August 4, 2008 (AFP) – Media mogul Rupert Murdoch on Monday announced plans to launch six new regional television channels in India, where the …
Malaysia’s Proton develops new hybrid car: reports
KUALA LUMPUR, August 3, 2008 (AFP) – Malaysia’s state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and …