Annual growth in Chinese factory output will slow to 10% in the second half of this year, a government has said. Beijing's drive against property speculation will reduce demand for everything from steel and cement to furniture.
AP - NASA says two small asteroids discovered just days ago will zip harmlessly past Earth on Wednesday, a double flyby that should be visible through a telescope.
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
Reuters - A U.S. judge on Tuesday refused to lift a ban on federal funding of human embryonic stem cell research despite warnings from the Obama administration that it would set back key research and cost more than a thousand jobs.
Reuters - Stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.
Reuters - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."
LiveScience.com - After spending almost a week in Chile, a team of NASA
personnel sent to provide nutritional advice and psychological support to 33
trapped miners reported Tuesday that the efforts of the Chilean government have
been outstanding so far, and the focus needs to be on long-term strategies that
will allow the men to live sustainably underground as a community.
McClatchy Newspapers - FREDERICA, Del. — Conservative Republicans around the country are using cap and trade — a way to limit global-warming pollution — as a political weapon to attack GOP moderates as well as Democrats.
The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.
AP - Federal scientists are reporting the best possible scenario for BP's leaked oil: Microbes are munching the underwater oil, but not robbing the Gulf of Mexico of much needed oxygen or creating so-called "dead zones."
AP - Toyota Motor Corp., hoping to solidify its standing as the top brand for Hispanic buyers in the U.S., is offering drivers a series of stickers that celebrates their Hispanic heritage.
Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
Industrial activity for areas north and south of Boston remained steady in the second quarter, with very few large deals transacting, according to a recent report from Jones Lang LaSalle.
INDUSTRY ASSOCIATIONS: Mining cos say no to sharing profits, offer more to royalty fund Mining outfits opposing the Government's proposal to share profits with land losers are now willing to increase their contribution from 10 to 26 per cent to a royalty-linked development fund for the welfare of such ...
Reuters - Tropical Storm Hermine barely maintained its tropical storm status on Tuesday as 40 mile per hour winds kept lashing south Texas and the storm moved further inland about 15 miles south-southeast of San Antonio, Texas, the National Hurricane Center said.
Drug trials funded by industry are more likely to report positive outcomes than are trials funded by other sources. They also are less likely to be published within two years of completion of the study. Those findings come from a study published in the Aug. 3 issue of Annals of Internal Medicine.
AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
Reuters - The U.S. National Institutes of Health said on Tuesday it would use $10 million from BP to start a multiyear study to look at the potential health effects from the oil spill in the Gulf of Mexico.
AP - Iraqi officials displayed hundreds of recovered artifacts Tuesday that were among the country's looted heritage and span the ages from a 4,400-year-old statue of a Sumerian king to a chrome-plated AK-47 bearing the image of Saddam Hussein.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.
LiveScience.com - A voyage to the outer edges of Australia's Great Barrier Reef has
brought back pieces of an ancient, fossilized ancestor to the vast,
living ecosystem.
AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.
A 36-year-old factory worker who spent much of his adult life in prison was charged Tuesday with sexually assaulting and murdering a 14-year-old girl whose badly burned body was found behind gra...
Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
STAMFORD, Conn.—Industry veteran Robert Clements, a former Marsh & McLennan Cos. Inc. executive who played a key role in the development of the Bermuda insurance market, died Saturday. The cause was cancer. He was 77.
AFP - Republicans in the US Congress may be able to handle the country's struggling economy better than President Barack Obama's fellow Democrats, according to a new national poll released Tuesday.
SAN FRANCISCO--(BUSINESS WIRE)--ServiceSource®, the service revenue performance company, and the Service Executive Industry Board (SEIB), an independent industry body created to share best practices, address industry issues, and shape the future direction of service and subscription revenue for high tech, healthcare and life sciences vendors, today announced Polly Sumner, global services and ...
Three industrial warehouse/office buildings will be sold on-site at auction on September 28, 29, and 30. These properties are located in Greensboro, NC, Fort Wayne, IN, and Cantonment, FL. Â The Greensboro and Fort Wayne properties will be sold regardless of the price!
SAN FRANCISCO----ServiceSource®, the service revenue performance company, and the Service Executive Industry Board , an independent industry body created to share best practices, address industry issues, and shape the future direction of service and subscription revenue for high tech, healthcare and life sciences vendors, today announced Polly Sumner, global services and chief adoption officer ...
Wanamassa, NJ - August 30, 2010 - Industrial Controls Distributors LLC, the leading distributor of HVAC, process instrumentation, and valves, is pleased to announce the release of their first sourcebook. The 1,200 page full color catalog is the most comprehensive ever combining the controls, instrumentation and valves used by commercial and industrial facilities throughout the country. The 19 ...
Industrial Alliance Insurance and Financial Services Inc., Canada’s fourth-biggest insurer, said Friday it has acquired the life insurance policies of California-based Golden State Mutual for US$11 million.
Britain's leading oil industry association argued Tuesday that it is unnecessary to impose a moratorium on new drilling in the North Sea until the Gulf of Mexico spill is fully investigated because British regulation is better, making a similar disaster there unlikely.
AP - Today, it's a sprawl of luxury vacation homes where Egypt's wealthy play on the white beaches of the Mediterranean coast. But 2,000 years ago, this was a thriving Greco-Roman port city, boasting villas of merchants grown rich on the wheat and olive trade.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
The euro has come back under pressure, and has broken below both the 10 and 20-day SMA’s. Meanwhile, German factory orders unexpectedly declined in July.
Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.
(RTTNews) - Germany's factory orders declined 2.2% in July from the prior month, the Federal Ministry of Economics and Technology said on Tuesday. Economists were expecting factory orders to rise 0.5% after increasing 3.6% in June.
German factory orders unexpectedly fell in July as demand in the euro region weakened, indicating the recovery in Europe’s largest economy is losing momentum.
FXstreet.com (Barcelona) - The Factory Orders indicator in Germany published by the Federal Ministry of Economics and Technology plunged 2.2% in the monthly comparison and 14.0% in the year over year indicator for July, slowing down considerably from prior months.
Berlin- German factory orders fell sharply in July, data released Thursday showed, raising fresh concerns about the outlook for Europe's biggest economy.
German factory orders in July fell by 2.2% missing expectations of a 0.5% expansion according to the Economy Ministry in Berlin. The drop was most unexpected and comes amid weakening demand from the euro-region for German produced goods, suggesting that the recovery in Germany may slow in the third quarter, after its blistering pace in Q2. Axel Weber, Germanys central bank president said ...
(RTTNews) - Romania's industrial turnover and new orders decreased in July from the previous month. The total industrial turnover decreased 7.3% on a monthly basis in July, a report by the National Institute of Statistics showed on Tuesday.