Result Page 68 for Latest World News & Archive

World

Russia cracks down on foreign internet firms

In a latest move, Russian government came out with a new law that empowers Russia to block foreign internet companies and force them to share data on Russian citizens onto Russian terriroty. Recently, it partially blocked Wikipedia and few other sites.

Sep 03, 2015 12:17 AM EDT

World

Led by US, foreign investors hold 54% of UK stock market

The US investors hold majority share of 46% in the toal foreing ownership of 54% in the UK stock market in 2014, according to a latest data from Office for National Statistics (ONS). Pension funds' share in foreign ownership drastically fell to 3 percent.

World

US construction spending at 7-year high

The latest data from the US Commerce Department reveals that construction spending grew 0.7 percent to $1.08 trillion showing seven-year high. the construction spending has been growing for the past eight months continuously.

World

Canada slides into recession as oil prices dip

Canada is now officially in a recession after registering two consecutive quarters of negative growth. The oil exporting economy was particularly hit hard by slumping oil prices, which are now half their level last year.

Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty

One of Ireland’s richest, horserace owner and businessman John P. McManus is asking for $5.2 million from the U.S. government, which was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.

Sep 02, 2015 3:09 AM EDT

Honda opens first compressed natural gas fueling station in Ohio despite CNG civic being discontinued

Honda recently opened its first CNG refuelling station at its campus in Marysville, Ohio. Honda Motor Co. was one of North America's leading proponents of natural gas in vehicles for more than 16 years.

Sep 02, 2015 2:48 AM EDT

Greece elections: Clear mandate holds the key on $96-bn bailout package

Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.

Sep 01, 2015 11:53 PM EDT

Chinese funds inflow creates jobs in US, but concerns also

Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.

Sep 01, 2015 11:50 PM EDT

What's distracting China: Economy or market sell-off?

The difference in downfall among Chinese and other global markets indicates that the dragon country is suffering more from economy point of view. The real problem for China is not market sell-off, but its domestic economy challenges.

Sep 01, 2015 11:44 PM EDT

Gear up for China growth slowdown, IMF tells emerging nations

International Monetary Fund's (IMF) Managing Director Christine Lagarde said the world should brace up for China's economy slowdown. IMF further said that gwoth will be moderate and below its previous forecast made two months ago.

Sep 01, 2015 11:34 PM EDT

Google's OnHub promises better Wi-Fi

At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.

Sep 01, 2015 11:30 PM EDT

More accounting errors delay Toshiba's annual forecast

Several discovered new errors inhibit Toshiba from closing its books and announcing its annual revenue. CEO accepts accountability and will resign voluntarily if dealine is not met.

Sep 01, 2015 11:22 PM EDT

IBM to fight pollution in China with artificial intelligence

China has been fogged with severe pollution and IBM is willing to help lessen if not totally clear the air from harmful particulates. They will use a syatem that can predict the level of air pollution several days ahead of time.

Sep 01, 2015 10:52 PM EDT

China manufacturing woes continue: PMI index slips below 50 pts

The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.

Sep 01, 2015 10:16 PM EDT

Global central bankers ready for US rate hike - Reuters

Central banks around the world want a Fed rate hike, sooner rather than later, according to Reuters. But, considering developments in the domestic and international fronts, Fed officials say it's too early to tell whether they would raise interest rates this month.

Sep 01, 2015 9:56 PM EDT

Around 200 people arrested in China for spreading stock market rumors

Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.

Sep 01, 2015 9:40 PM EDT