Archive for May 21st, 2008
Wednesday, May 21st, 2008
Billionaire investor George Soros said the "acute phase" of the global credit crisis is over, and the fallout will lead to recessions in the United Kingdom and the United States.
"Financial institutions have been severely damaged and we ...
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Wednesday, May 21st, 2008
The 12th Seoul International Cartoon and Animation Festival (SICAF) opened here on Wednesday for a five-day run.
According to the organizer, 387 animated films from 36 countries are to be presented during the event, while a library ...
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Wednesday, May 21st, 2008
U.S. wholesale prices rose by 0.2 percent in April, down from a 1.1-percent jump in March and an increase of 0.3 percent in February, the Labor Department reported Tuesday.
The 0.2-percent rise in the department's producer-price ind ...
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Wednesday, May 21st, 2008
Napster Inc, the digital music service, yesterday opened the world's biggest MP3 download store with more than 6 million songs in a direct challenge to Apple Inc's iTunes store.
The new Web-based music store will have digital songs from ...
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Wednesday, May 21st, 2008
Regulators for the European Union on Tuesday said they would investigate whether the French government unfairly subsidized France Telecom when it assumed financing some of the company pensions.
The European Commission said one of Fra ...
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Wednesday, May 21st, 2008
Oil prices topped 129 U.S. dollars a barrel for the first time after billionaire hedge-fund manager Boone Pickens said that oil will reach 150 dollars a barrel this year.
Light, sweet crude for June delivery rose 2.11 dollars to rea ...
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Wednesday, May 21st, 2008
Billionaire investor George Soros said the "acute phase" of the global credit crisis is over, and the fallout will lead to recessions in the United Kingdom and the United States.
"Financial institutions have been severely damaged and we ...
Posted in People | No Comments »
Wednesday, May 21st, 2008
The European Defense and Space Co. (EADS) has withdrawn from a protracted race to buy DRS Technologies, an American-based defense electronics group, the European group's chief executive officer Louis Gallois has said.
"After making ...
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