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  • Location determined for DreamWorks project in Shanghai

    SHANGHAI, June 14 (Xinhua) -- A joint venture of U.S.-based DreamWorks Animation (DWA) and a consortium of Chinese companies will be located in Shanghai's West Bank Media Port (WBMP), government authorities said Thursday. The joint venture, Oriental...

  • India Holds Interest Rates Steady Amid Slow Growth

    India's central bank kept interest rates unchanged Monday in a bid to curb inflation, despite pressure to cut rates to spur lagging economic growth. The Reserve Bank kept the rate at 8 percent, and the cash reserve rate for banks at 4.75 percent. The...

  • Obama: Tensions With Russia Can be Worked Out

    U.S. President Barack Obama says tensions with Russia can be worked out following talks with the Russian president spanning a range of topics, including Syria, Iran and trade. During a meeting on the sidelines of the G20 summit in Mexico Monday, Mr....

  • Obama, G20 Press Europe On Economic Plan

    LOS CABOS, Mexico - Europe's financial crisis took center stage on Monday as the Group of 20 economic summit began in Mexico. President Barack Obama and other G20 leaders continued to urge European nations to move forward with a growth plan. Amid the...

  • Federer takes on Haas in Halle final

    BERLIN, June 16 (Xinhua) -- Roger Federer will vie for his sixth ATP Halle grasscourt title when he faces German Tommy Haas in Sunday's final. Second seed Federer barely sweated in his 6-1, 6-4 semifinal win over unseeded Russian Mikhail Youzhny on S...

  • Sino-Russia ties enter new chapter with booming trade

    HARBIN, June 15 (Xinhua) -- The volume of trade between China and Russia in 2012 will hit 90 billion U.S. dollars, close to the 100-billion target for 2015 set during Russian President Vladimir Putin's visit to China earlier this month, a Russian tra...

  • China open to Africa cooperation with U.S

    BEIJING, June 15 (Xinhua) -- China on Friday said it held an open attitude towards discussion with the United States on cooperation with Africa. China and the United States are important cooperative partners, and have their respective characteristics...

  • China sends its first female to space

    JIUQUAN, June 16 (Xinhua) -- She is a wife. She belongs to China's one-child generation. On Saturday, 33-year-old Liu Yang becomes the country's first woman entering space. The home-grown Shenzhou-9 spacecraft, atop an upgraded Long March-2F carrier...

  • Chinese space station to benefit world

    BEIJING, June 16 (Xinhua) -- The successful launch of China's fourth manned spaceship paves the way for a future space station, which might subsequently benefits the world in space exploration. Shenzhou-9 spacecraft, carrying two males and one female...

  • Eurozone Braces for Greek Election

    PARIS - Eurozone countries will be anxiously watching the outcome of second-round of legislative elections Sunday in Greece, which may determine the country's future role in the eurozone. Greek voters will be choosing between parties that call for tw...

  • US Financier Found Guilty of Stock Fraud

    NEW YORK -- A former director of the Goldman Sachs investment bank, Rajat Gupta, was found guilty Friday of insider trading by a jury in New York. After deliberating for two days, the federal jury of eight women and four men found Gupta guilty on thr...

  • Greece battles wildfires on eve of general polls

    ATHENS, June 16 (Xinhua) -- Greek authorities battled several wildfires burning near Athens and southern Greece on Saturday, on the eve of critical general elections. Two fire-fighters were slightly injured while trying to extinguish blazes at the se...

  • European Protesters Decry Austerity Plan

    Huge anti-austerity protests took place Saturday in Spain, Portugal and Italy while Greek voters prepare to have their say about the cost-cutting measures in a key vote Sunday. The largest confederation of Portuguese workers (the CGTP) organized a ra...

  • Greece to Vote in Another Parliamentary Election

    Greek voters will cast ballots Sunday in the second parliamentary election in the past six weeks. Observers worldwide will be watching the poll which is seen as a referendum on the euro currency. Greek soup kitchens reflect the growing poverty in the...

  • AC Milan confirms talks for sale of Brazil star Silva

    PARIS, June 13 (Xinhua) -- AC Milan has confirmed the club is in negotiations for the sale of star Brazilian defender Thiago Silva. The Rossoneri's vice-president Adriano Galliani met with Paris Saint-Germain officials in the French capital on Tuesda...

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