Pak wants to host tennis Fed Cup

The Pakistan Tennis Federation (PTF) has requested the International Tennis Federation (ITF) to allow them to host next year's Fed Cup.Pakistan, which is placed in the Fed Cup Asia/Oceania group II, participated in the event after a decade this year.PTF's acting president Irshad Bhatti said that hosting the event would help Pakistan progress to the next round."We are taking inspiration from the Pakistan...

Fed says U.S. economy weaker but leaves policy on hold

Federal Reserve stopped short of offering new monetary stimulus on Wednesday even as it signaled further bond buying could be in store to help a U.S. economic recovery that it said had lost momentum this year.Fed officials described the economy as having "decelerated somewhat," a change of tone from its previous assessment in June when it said the economy had been "expanding moderately."The Fed's ...

Fed says economy weaker but leaves policy on hold

further bond buying could be in store to help a U.S. economic recovery that it said had lost momentum this year.Fed officials described the economy as having "decelerated somewhat," a change of tone from its previous assessment in June when it said the economy had been "expanding moderately."The Fed's policymakers also reiterated their disappointment with the slow pace of progress in bringing down...

Yellen Has the Right of First Refusal at Fed, Meyer Says

Federal Reserve Vice Chairman Janet Yellen has the “right of first refusal” to become the nextleader of the central bank when Ben S. Bernanke’s term ends inJanuary, said former Fed governor Laurence Meyer.Meyer, speaking at a Bloomberg Link panel in Washington,said it’s “a bit surprising” that Bernanke couldn’t manage hiscalendar to allow him to take part in this year’s Fed conferencein Jackson Hole,“It’s...

Fed says economy may need help, keeps policy on hold

more strongly that further bond buying could be in store to help a economic recovery that it said had lost momentum this year.Fed officials described the economy as having "decelerated somewhat," a change of tone from its previous assessment in June when it said the economy had been "expanding moderately."The Fed's policymakers also reiterated their disappointment with the slow pace of progress in...

Tech Weekly special: women in games – breaking the boys' club

Inspired by the recent GDC in San Francisco, we discuss the depiction of gender in video games with three industry insidersThe representation of women in video games has become a hot topic over the last year, fed by controversies over Lara Croft, the Tropes vs Women Kickstarter and many other flashpoints. While current industry statistics show that female players now make up half the audience for games,...

Germany’s First Offshore Wind Farm Exceeds Expected Power Output

first offshore wind farmgenerated more power than expected because of steady winds lastyear, operators of the Alpha Ventus park including EON SE said.Alpha Ventus’s 12 turbines last year fed 267.8 gigawatt-hours of electricity into the German grid at a yield of 15.3percent, more than anticipated, EON, Vattenfall Europe AG andEWE AG said today in an e-mailed statement.unit REpower Systems SE, achieved...

Babies fed on demand do better at school... but it's not so good for exhausted and grumpy mothers

Babies fed on demand do better at school but it's not so good for exhausted and grumpy mothersStudy suggests eight-year-olds who were demand-fed had IQs four or five points higherBabies who are fed on demand are more likely to have a higher IQ and perform better at school, according to new research.The study suggests that eight-year-olds who were demand-fed as infants had IQs that were four or five...

Bernanke to miss conference, hinting at departure

intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo.Jackson Hole has long been a high-profile platform for speeches by Fed chairmen. Since taking over the Fed in 2006, Bernanke has been the marquee speaker each year. In 2010, he used his speech to signal that the Fed could launch another bo...

Fed officials at odds on jobs outlook

should consider raising interest rates as soon as this year, one top Fed official said on Wednesday, even as another warned it will take years at current growth rates before the economy regains full employment.The differing views, from Minneapolis Fed President Narayana Kocherlakota and Cleveland Fed President Sandra Pianalto, show how the jobs outlook lies at the heart of disagreement at the Fed over...