10 Jan, 2010, China
After a 13-month slump, China’s flagging exports have rebounded back to life, recording unexpectedly strong growth in December and likely propelling the country past Germany to become the world’s biggest exporter. China’s exports were up 17.7 per cent in December from a year ago, exceeding most expectations after a year and [...]
Archives for Business
China is now the largest exporter
World’s tallest building opens-Dubai
5 Jan, 2010, Dubai
The world’s tallest building has been opened with the dramatic fireworks ceremony in the Gulf emirate of Dubai. The Burj Khalifa was revealed to be 828m high, far taller than the previous record holder, Taipei 101. Known as the Burj Dubai during construction, the tower has been renamed after the [...]
Panel fell on Selfridges shoppers in Manchester
27 Dec, 2009, England, UK
A large piece of the plastic ceiling panel fell on the shoppers seeking Boxing Day bargains at the Selfridges store in the Manchester. The incident injured four people. The 3ft square piece from ceiling light fixture fell in the store in the Manchester Exchange Square at about [...]
Failed airline ‘let down badly’
18 Dec, 2009, Scotland, UK
The Finance Secretary, John Swinney said that the collapsed Scottish airline Flyglobespan is badly let down by the company that was handling its credit bookings. The Edinburgh-based airline went in the administration on Wednesday, leaving around 550 staff without any job and thousands of passengers were stranded abroad.
Mr. Swinney has said [...]
Bangladesh on final stage of tests for new rice strains
16 Dec 2009, Dhaka, Bangladesh
The Researchers in Bangladesh are now in the final stage of testing the three new rice varieties that they say will surely be able to survive the country’s annual floods. In most years more than about 20% of Bangladesh goes under water and millions of tones’ of rice get lost. [...]
Apple hits back against nokia in patent row
12 December 2009, Finland
Apple, the maker of iconic iphone , hit back in a legal row with nokia countersued the Finnish telecom giant alleging it breached the 13 apple patents.
Apple accused the nokia , the world’s largest phone maker of infringing the patents held by the Cupertino , California Company. “Other company must compete with [...]
7.9 reasons to smile GDP bounces back
1st December 2009, India.
The Indian economy grew 7.9 per cent during the month july-september period- its strongest in six quarter. On the back of highest consumer spending and private investment according to government data released on Monday.
It beats more forecast and prompted experts to revise their full year growth projections. “ I hope it will [...]
EU currency call-Rejected by china
1. Dec, 2009, China
Wen Jiabao, the Chinese Prime Minister has rejected the European pressure of letting its currency to rise against the Euro. While talking a summit with the EU leaders in the Nanjing, he said that demanding the exchange rate changes along with maintaining the trade protectionism was unfair of Europe. He also [...]
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