Associated Press and an environmental group says that a federal nuclear inspector recommended that the U. S. regulators shut down a nuclear power plant owned by Pacific Gas & Electric Co, till tests show that its reactors are capable of withstanding the shocks from earthquake faults that lie close by.
Though for the second consecutive month the U. S homebuilders saw a drop t in rate of sales for new homes July but prices are appearing to become modest which is likely to help the market grow in the near future.
For the ninth day, gold prices have declined by Rs 70 in the national capital today. The current price of 10 gram gold is Rs 28,030. On the other hand, silver has held stable at 42,600 per kilogram on scattered enquiries from industrial units.
According to traders, a weakening global trend has caused sustained selling by stockists where gold has fallen towards a two-month low as investors assess whether the economy of the United States is strong enough for the Federal Reserve to lift the rates, reserved pressure on the prices of gold.
Sources familiar with the matter on Monday said that the Wei family from Taiwan is likely to ask Cathay Financials chairman and Cheng Uei the firm involved in electronics parts business to invest in a proposed deal to purchase a part of China Network Systems (CNS), the largest cable TV operator of the country.
The U. S Family Dollar is a variety store chain that is operational in about 8,200 locations. It is the second largest retailer of its kind in the entire United States. This is a popular outlet for low-income customers mainly in the urban areas of the U. S. Now the chain is a target of a cash takeover deal of $9 billion. The offer has come from rival Dollar General with another one of cash and stock offer of $8.5bn from Dollar Tree.
John Akers, the former Chairman of International Business Machines Corp. (IBM) died of a stroke on Friday at the age of 79. ld.
According to reports, Stephen Hawking's biopic titled, "Theory of Everything" is scheduled to be released during the month of November.
Gap Inc. the mega-retailer from San Francisco is planning to tap the Indian market and cash in on the purchasing power of the country's 1.2 billion people with an introduction of forty franchised stores which are scheduled to open in the coming year.
Gap said that it is working closely with Arvind Lifestyle Brand Ltd. for opening of its store to open stores in the world's second most populated country.
There are more signs which show that the economy is rolling and on the path of a rebound as fresh reports says that last week lesser number of people filed for unemployment. This is a positive mark that reveals signs of a steadily improving labour market.
Although Amazon is a big name as far as U. S. is concerned but the online retail giant has not been able to penetrate the market that well in China. In the first quarter on the current year the company had only a 2.9 percent share of the online retail market of the country that deals with business to consumer.
Meg Whitman, the CEO of Hewlett-Packard Co. is gaining from an increase that is seen in the sales of personal computers. Now it is her chance to show that the company can also make advancement in other businesses like software as well as services.
Woodside Petroleum Ltd. has kept aside $4.3 billion to spend on its growth prospects and is waiting for chances of an acquisition which is appearing to improve as rivals are looking at asset sales and the number of competitors bidding is declining.
On Monday US wheat futures dropped and gave up the brawny gains it had made in the last two sessions which were initiated by fears of possible disruptions in supply from the Black Sea.
For Elizabeth Arden star singer Justin Bieber and Taylor Swift are no more a crowd puller.
The amount of sales for fragrances backed by the stars was quite disappointing this year. The plummeting sales have pulled down earnings for Elizabeth Arden the giant in the business of beauty products.
The homebuilders are looking at a prospective market and are feeling more positive about the sales prospects as far as homes are concerned as they head towards the next year. It is an indication which signals at better sales of new homes and home constructions the approaching months following a flat period this summer.
In the month of July the seasonally adjusted rate of unemployment in New Mexico was 6.6 percent which is an increase from the 6.5 percent seen in June. However it is a drop from the 7.0 percent that stood one year back.
Meanwhile the national unemployment rate remained at 6.2 percent which is an increase from 6.1 percent in June but a slide from last year's 7.3 percent in July.
A recent report from a respected international research group says that in Syria armed groups have an approximate count of several hundred of portable anti-aircraft missiles which could without much difficulty get into the hands of extremists who could then use them to destroy any low-flying commercial aircrafts.
It all started four years back with a simple ride of Tesla Motors Chairman Elon Musk's Roadster sports car when his guest Akio Toyoda, the president of the largest auto manufacturer took it out for a drive.
There was a record rise in the shares of Chugai Pharmaceutical of Japan which was a result of reports that said Roche the Swiss drug maker is looking for an acquisition of the company.
On Monday stocks of Chugai increased by 20% or more in Tokyo trading.
The Braintree unit of EBay Inc. is one of its businesses that handle electronic-payments. It is apparently exploring options to support payments through the virtual currency bitcoin a source with the knowledge about the matter said.
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