Al-Jazeera America to launch August 20
The US news channel of Qatar-based Al-Jazeera will be launched August 20, the group said Monday as it unveiled its top executive team.
Kazakhstan retains GDP growth at 5.1%
The economy growth is driven by the growing consumer spending: the country’s retail turnover has grown by 12.3% since the start of the year: Economic Affairs Minister.
G20 gets 'action plan' to fight tax avoidance
The OECD has presented the G20 nations with a bold strategy to crack down on tax avoidance by corporate giants and the super rich, and so boost overstretched national budgets.
Fukushima steam still baffling: TEPCO
The operator of Japan's crippled Fukushima nuclear plant said Friday it still did not know what caused steam seen inside a reactor building, nor why it was no longer there.
19 July 2013
Panasonic, Sanyo fined $56 mn for price-fixing: US
Japan's Panasonic and its subsidiary Sanyo have each pleaded guilty to price-fixing involving auto parts and battery cells, agreeing to pay $56.5 million in fines.
19 July 2013
Dreamliner fire probe urges Boeing disable beacons
British authorities have recommended that distress beacons onboard all Boeing Dreamliners be disabled, after identifying the devices as the likely cause of a fire on a 787 at London's Heathrow airport.
Detroit becomes largest US city to file for bankruptcy
Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.
Bernanke: Fed will not raise rates in forseeable future
Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
18 July 2013
Steam seen in Fukushima reactor building: TEPCO
Steam has been spotted in a reactor building at the crippled Fukushima nuclear plant in Japan, its operator said Thursday, but stressed there is no sign yet of increased radiation.