NEW DELHI Foreign investment in India has slowed down in recent months, but a recent United Nations survey says Asia's third largest economy continues to be an attractive investment destination for global companies. Official data show that in April a...
The largest U.S. bank, JPMorgan Chase, says it lost $5.8 billion in bad trades this year, nearly triple its original estimate. The Wall Street investment bank said two months ago it estimated that losses originating in its London trading office would...
WASHINGTON, July 13 (Xinhua) -- U.S. President Barack Obama on Friday embarked on a two-day bus tour into the battleground state of Virginia, hoping to repeat his 2008 win in the state. Obama's Virginia tour on Friday included three stops, including...
ROME, July 12 (Xinhua) -- AC Milan owner Silvio Berlusconi has confirmed that that Zlatan Ibrahimovic and Thiago Silva have been sold to Paris Saint-Germain. Yes, I've sold Zlatan Ibrahimovic and Thiago Silva to PSG, he told Sky Sport 24 on Thursday....
KAMPALA, July 12 (Xinhua) -- Uganda's Vice President Edward Ssekandi will lead the country's delegation to the 2012 London Olympics as a way of morale boosting the team to win medals. Dennis Galabuzi, the Uganda Olympic Committee (UOC) vice president...
MEXICO CITY, July 12 (Xinhua) -- Mexico will go to London 2012 Olympic Games with a 102-athlete delegation together with 109 people including officials, coaches and doctors, Mexican sports authorities said Thursday. Jaime Cadaval, chief of the Mexica...
BEIJING, July 12 (Xinhua) -- Badminton superstar Lin Dan is in quest for a record second Olympic title at the London Olympic Games starting from July 28 to August 5 when star-studded China will be looking forward to stamping its authority. Different...
SHENZHEN, July 12 (Xinhua) -- China's first national charity expo opened Thursday in the southern city of Shenzhen, displaying the country's charity projects and providing a platform for information-sharing and experience exchanges. More than 500 soc...
BEIJING, July 12 (Xinhua) -- The Beijing municipal government will tighten controls on officials' going abroad for training, as it aims to stop taxpayers money being wasted on overseas junkets. According to a circular posted on the website of the Bei...
BEIJING, July 12 (Xinhua) -- The Asian Development Bank (ADB) on Thursday lowered its prediction for China's economic growth to 8.2 percent in 2012 and 8.5 percent in 2013, although a bank official said a hard landing is unlikely. The ADB made the re...
BEIJING, July 12 (Xinhua) -- China's new yuan-denominated loans surged in June as the government moved to buoy the slowing economy, raising concerns that fast credit growth will push up inflation. June's new yuan-denominated loans rose by 285.9 billi...
Around 350,000 newly unemployed people signed up for financial assistance last week in the United States, which is one reason that the jobless rate remains stuck at a relatively high 8.2 percent. Some employers say they would hire more people if they...
PARIS In the latest sign of hard times for Europe, French carmaker PSA Peugeot-Citroen says it will slash about 8,000 jobs and close an assembly plant. French unions are furious at Peugeot's announcement, calling it a declaration of war and an earthq...
CAPITOL HILL American lawmakers are pressing for U.S. ratification of the United Nations Convention on the Rights of Persons with Disabilities. Many legislators see the pact as a global extension of a landmark federal law protecting disabled American...
BEIJING, July 11 (Xinhua) -- The State Council, or China's Cabinet, announced on Wednesday that it will boost the development of the nation's distribution industry with the goal of establishing a modern goods distribution system that is efficient, co...
