Tweet New York: US stocks climbed to new highs for 2009 as retail sales gained by the most in three years and Federal Reserve Chairman Bernanke said the country’s recession was “very likely” at an end. Bernanke said there was general agreement among economists that the US would return to growth in the third quarter [...]
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Tweet Wellington : Activists from the international environmental organization Greenpeace boarded a ship carrying palm kernel animal feed from Indonesia on Wednesday off the New Zealand coast and called on the government to ban the cargo. They locked themselves to the ship, East Ambition, its anchor chain and four cargo cranes, and vowed to prevent [...]
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Tweet San Francisco : Adobe Systems is to buy internet services firm Omniture for $1.8 billion, the company said Tuesday. The deal will mark the biggest acquisition by Adobe since its $4.3-billion purchase of Macromedia in 2005. Omniture, based in Utah, makes software that allows firms to analyze the use of their internet sites and [...]
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Tweet Washington : A Republican lawmaker was censured Tuesday in the US House of Representatives for shouting “you lie” during President Barack Obama’s speech on health care last week before a joint session of Congress. The formal rebuke against Congressman Joe Wilson was approved 240-179, largely along party lines. Democrats argued the move was [...]
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Tweet Washington : President Barack Obama Monday said the need for hundreds of billions of dollars in financial industry bailouts was easing as the global economy recovers, but continued to push for a drastic overhaul of financial regulation in the US. One year after the collapse of investment banking giant Lehman Brothers Holdings, a bankruptcy [...]
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Tweet Washington : US President Barack Obama Monday extended for another year the trade embargo against Cuba that has been in place for nearly five decades. Obama, in a note to the State Department and Treasury, said the embargo remained “in the national interest of the US.” The annual extension is considered routine and has [...]
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Tweet San Francisco : Intel announced a major reorganization Monday that will combine the divisions that design and market chips for PC’s and mobile devices. The move was seen as a powerful illustration of the growing importance of mobile chips, where Intel has not enjoyed the same dominance it has held for 20 years in [...]
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Tweet New York : US stocks edged higher Monday, while President Barack Obama said the need for hundreds of billions of dollars in Wall Street bail-outs was easing as the economy recovers from recession. In a speech at the historic Federal Hall on Wall Street in New York, Obama said there were signs the US [...]
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Tweet Tehran : Turkey has declared readiness to host nuclear talks between Iran and the world powers, a media report said Sunday. The Press TV network quoted Turkish Foreign Minister Ahmet Davutoglu as saying that his country was ready to host talks between Iran and the five permanent member states of the United Nations Security [...]
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Tweet For the first time ever, Disney Cruise Line will offer Alaskan cruises during a four-month season of seven-night sailings aboard the Disney Wonder in summer 2011. Combining the natural wonder and adventurous spirit of Alaska with the unparalleled, family-friendly experience provided by Disney Cruise Line, the Disney Wonder will depart out of Vancouver, B.C., [...]
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