<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Webdunia News</title><link>http://www.24dunia.com</link><description>News</description><language>EN</language><copyright>Webdunia.com[India] Pvt. Ltd.</copyright><item><title>Hong Kong stocks open higher</title><link>http://www.24dunia.com/english-news/shownews/4/Hong-Kong-stocks-open-higher/7232656.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Hong-Kong-stocks-open-higher/7232656.html</guid><description>Hong Kong shares rose 0.49% in early trade today, with the benchmark Hang Seng index up 102.78 points at 21,191.64.©2010 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:14:05 GMT</pubDate></item><item><title>BP report blames itself, others for oil spill</title><link>http://www.24dunia.com/english-news/shownews/4/BP-report-blames-itself-others-for-oil-spill/7232582.html</link><guid>http://www.24dunia.com/english-news/shownews/4/BP-report-blames-itself-others-for-oil-spill/7232582.html</guid><description>DINA CAPPIELLO, Associated Press Writers, HARRY R. WEBER, Associated Press Writers, MICHAEL KUNZELMAN, Associated Press WritersFILE - In this April 21, 2010 file aerial photo taken in the Gulf of Mexico more than 50 miles southeast of Venice, La., the Deepwater Horizon oil rig is seen burning. Before the key piece of evidence has even been analyzed, oil giant BP PLC on Wednesday, Sept. 8, 2010, planned</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Indian court upholds big tax bill against Vodafone</title><link>http://www.24dunia.com/english-news/shownews/4/Indian-court-upholds-big-tax-bill-against-Vodafone/7232572.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Indian-court-upholds-big-tax-bill-against-Vodafone/7232572.html</guid><description>MUMBAI, India (AP) — In a landmark ruling Wednesday, an Indian court said Vodafone Group Plc is liable for an estimated $2.6 billion in taxes for its 2007 acquisition of one of India&amp;apos;s largest mobile phone companies.The decision sets a precedent that could impact hundreds of foreign transactions and have a chilling effect on foreign investment, tax experts say."We will very seriously consider an appeal,"</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Services &amp; Info</title><link>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232567.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232567.html</guid><description>Mel&amp;apos;s Cleaners on Great Plain Road in Danbury, photographed September 8, 2010.Photo: Chris Ware/ The News-Times</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>European stocks up on US gains, Portugal bond sale</title><link>http://www.24dunia.com/english-news/shownews/4/European-stocks-up-on-US-gains-Portugal-bond-sale/7232577.html</link><guid>http://www.24dunia.com/english-news/shownews/4/European-stocks-up-on-US-gains-Portugal-bond-sale/7232577.html</guid><description>money trader works at a dealing room at a foreign exchange firm where the U.S. dollar was being traded at 83.64 yen, in Tokyo, on Wednesday, Sept. 8, 2010. Japan&amp;apos;s benchmark Nikkei 225 stock index dropped 181.61 points, or 2.0 percent, to 9,044.39 to close the morning session.Photo: Itsuo Inouye/ APLONDON (AP) — A solid showing on Wall Street and a relatively successful Portuguese government debt sale</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>AP Exclusive: Back to work after salmonella case</title><link>http://www.24dunia.com/english-news/shownews/4/AP-Exclusive-Back-to-work-after-salmonella-case/7232595.html</link><guid>http://www.24dunia.com/english-news/shownews/4/AP-Exclusive-Back-to-work-after-salmonella-case/7232595.html</guid><description>2009 file photo, Peanut Corporation of America&amp;apos;s president Stewart Parnell, arrives a federal court in Lynchburg, Va. The peanut industry executive whose filthy processing plants were implicated in a salmonella outbreak that killed nine people and sickened hundreds more is back in the business, as the federal government&amp;apos;s criminal.Photo: Don Petersen/ APFILE - In this March 12, 2009 file photo, Peanut</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>ACCC blocks NAB's AXA takeover</title><link>http://www.24dunia.com/english-news/shownews/4/ACCC-blocks-NAB-s-AXA-takeover/7232401.html</link><guid>http://www.24dunia.com/english-news/shownews/4/ACCC-blocks-NAB-s-AXA-takeover/7232401.html</guid><description>THE competition watchdog remains opposed to the National Australia Bank&amp;apos;s (NAB) proposed acquisition of AXA Asia Pacific Holdings Ltd.The Australian Competition and Consumer Commission (ACCC) said today that it had rejected undertakings proposed by NAB and AXA APH.``The proposed undertakings offered by the parties do not provide sufficient certainty that the ACCC&amp;apos;s competition concerns will be add</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:24:05 GMT</pubDate></item><item><title>Ireland to split Anglo Irish into good, bad banks</title><link>http://www.24dunia.com/english-news/shownews/4/Ireland-to-split-Anglo-Irish-into-good-bad-banks/7232597.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Ireland-to-split-Anglo-Irish-into-good-bad-banks/7232597.html</guid><description>, in two as part of wider efforts to reassure international lenders that the Irish are taking control of their debt crisis.said Wednesday that dividing Anglo — nationalized in early 2009 when it teetered on the edge of insolvency — into "good" and "bad" banks would represent the least costly outcome to Irish taxpayers. But opposition leaders and economic experts questioned whether the plan would change</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Move to free savings rate</title><link>http://www.24dunia.com/english-news/shownews/4/Move-to-free-savings-rate/7231909.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Move-to-free-savings-rate/7231909.html</guid><description>deputy governor Usha Thorat and Duncan Martin, partner and director of Boston Consulting Group, London, in Mumbai on Wednesday. (PTI)The interest rate on savings bank accounts — currently capped at 3.5 per cent — is likely to be freed.This is the only category among bank interest rates that is still regulated by the Reserve Bank of India.The RBI is now weighing the option of giving banks the freedom</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>China sale to fetch £4.3bn</title><link>http://www.24dunia.com/english-news/shownews/4/China-sale-to-fetch-£4-3bn/7231913.html</link><guid>http://www.24dunia.com/english-news/shownews/4/China-sale-to-fetch-£4-3bn/7231913.html</guid><description>(Agencies): Vodafone today said it would offload its entire 3.2 per cent shareholding in China Mobile Ltd, a divestment that will fetch the British telecom major about £4.3 billion.In a statement, Vodafone said a major chunk of the proceeds from the stake sale would be returned to the companys shareholders by way of a share buyback.There have been reports of the British entity looking to sell its</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>Sun claims Taro win</title><link>http://www.24dunia.com/english-news/shownews/4/Sun-claims-Taro-win/7231950.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Sun-claims-Taro-win/7231950.html</guid><description>Indias Sun Pharmaceutical today said it had won the legal battle with Taro, paving the way for the takeover of the Israeli firm.The Supreme Court of Israel has dismissed the appeal of Taro Pharma and withdrawn its temporary order that prohibited the closing of Suns open offer before its ruling, the Indian drug maker said in a filing to the BSE.Sun Pharma, which is the single largest shareholder in</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>Local tech companies fret over Ohio curb</title><link>http://www.24dunia.com/english-news/shownews/4/Local-tech-companies-fret-over-Ohio-curb/7231946.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Local-tech-companies-fret-over-Ohio-curb/7231946.html</guid><description>Domestic IT companies and industry associations have expressed concern over American state Ohios move to ban outsourcing to offshore locations such as India, raising fears of similar restrictions by other US states facing high unemployment.Indian IT firms get a bulk of their business from private US companies, but some are betting big on orders from state governments.Infosys CEO and managing director</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>outsourcing ban is trade barrier: India Inc</title><link>http://www.24dunia.com/english-news/shownews/4/outsourcing-ban-is-trade-barrier-India-Inc/7230725.html</link><guid>http://www.24dunia.com/english-news/shownews/4/outsourcing-ban-is-trade-barrier-India-Inc/7230725.html</guid><description>Indian IT sector, which gets 60 per cent of its export revenue from the US, on Wednesday said the move by the state of Ohio to ban outsourcing by govt depts to offshore locations like India is discriminatory and amounts to a trade barrier.Through an executive order last month, Ohio Governor Ted Strickland prohibited the expenditure of public funds for services provided offshore.The move comes ahead</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:52:17 GMT</pubDate></item><item><title>No more relaxation in lending to infra</title><link>http://www.24dunia.com/english-news/shownews/4/No-more-relaxation-in-lending-to-infra/7230489.html</link><guid>http://www.24dunia.com/english-news/shownews/4/No-more-relaxation-in-lending-to-infra/7230489.html</guid><description>MUMBAI: The Reserve Bank of India on Wednesday said it was not in favour of any more relaxations for banks&amp;apos; lending to the infrastructure sector. “Taking into account the concentration risk and asset-liability mismatches, any further relaxation (in lending to the infrastructure sector) would be imprudent,” Deputy Governor Usha Thorat said at a banking conference organised by FICCI and the Indian Banks&amp;apos;</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>High Court dismisses Vodafone tax case</title><link>http://www.24dunia.com/english-news/shownews/4/High-Court-dismisses-Vodafone-tax-case/7230660.html</link><guid>http://www.24dunia.com/english-news/shownews/4/High-Court-dismisses-Vodafone-tax-case/7230660.html</guid><description>Bombay High Court on Wednesday dismissed Vodafone International&amp;apos;s plea challenging the Income-tax Department&amp;apos;s Rs.12,000-crore demand in tax and penalty on $11 billion (about Rs.50,000 crore) takeover of Hutchison Telecom, a judgment that could impact foreign companies buying assets involving India firms.The court, however, gave liberty to Vodafone to argue before the tax department that no penalty</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>Bristol-Myers agrees to buy ZymoGenetics for $885M</title><link>http://www.24dunia.com/english-news/shownews/4/Bristol-Myers-agrees-to-buy-ZymoGenetics-for-885M/7230243.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Bristol-Myers-agrees-to-buy-ZymoGenetics-for-885M/7230243.html</guid><description>Bristol-Myers Squibb Co. said Tuesday it will acquire biotechnology partnerfor $885 million in another move by a major drugmaker to boost its pipeline by snapping up a smaller developer.The New York drugmaker&amp;apos;s $9.75-per-share bid represents a 77 percent premium to Zymogenetics&amp;apos; closing price of $5.51. Bristol-Myers&amp;apos; said the deal is worth $735 million excluding ZymoGenetics&amp;apos; cash on hand. Both companies</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>WA mines minister urges mining firms to press fight against MRRT</title><link>http://www.24dunia.com/english-news/shownews/4/WA-mines-minister-urges-mining-firms-to-press-fight-against-MRRT/7232564.html</link><guid>http://www.24dunia.com/english-news/shownews/4/WA-mines-minister-urges-mining-firms-to-press-fight-against-MRRT/7232564.html</guid><description>mining minister has enjoined the state&amp;apos;s resource industry to sustain its campaign against the proposed minerals resource rent tax proposed by the federal government.Subscribe to The Economic Monitor to get the day&amp;apos;s most relevant news, data and anlaysis .Mines Minister Norman Moore said on Thursday that in light of the Labor Party&amp;apos;s win in the national election, major players of the industry should</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:02:03 GMT</pubDate></item><item><title>World's Best Universities: Engineering and IT</title><link>http://www.24dunia.com/english-news/shownews/4/World-s-Best-Universities-Engineering-and-IT/7233004.html</link><guid>http://www.24dunia.com/english-news/shownews/4/World-s-Best-Universities-Engineering-and-IT/7233004.html</guid><description>am a student of first year in one of the Engineering colleges of afghanistan.There is no any fesalities for those who want to be a good Enginers in future to devolp his poor country.I am one of them and this my dream to be a good Engineer for my country beacuse my country need Engineer,Doctors etc.I wana some one to help and guide me amd searching scholarships to go to other countris to be good angineer</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:48:51 GMT</pubDate></item><item><title>World's Best Universities: Top 400</title><link>http://www.24dunia.com/english-news/shownews/4/World-s-Best-Universities-Top-400/7233005.html</link><guid>http://www.24dunia.com/english-news/shownews/4/World-s-Best-Universities-Top-400/7233005.html</guid><description>University of Cape ranked above Wits University and Stellenbosh in South Africa, ridiculas.it is a big shame that there is no nigerian university in the first 100 university in the rankingwhere is the iran in rancking?Im ashamed about my country.most be insist sharif university and more and more of university of iran.why not iran?scienceresearchs university in iran!!!!!!Your</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:48:51 GMT</pubDate></item><item><title>Bank of China gets nod for $8.8 billion share sale</title><link>http://www.24dunia.com/english-news/shownews/4/Bank-of-China-gets-nod-for-8-8-billion-share-sale/7232659.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Bank-of-China-gets-nod-for-8-8-billion-share-sale/7232659.html</guid><description>Bank of China has obtained approval from the China Banking Regulatory Commission for a 60 billion yuan ($8.83 billion) share placement in Shanghai and Hong Kong, the bank said in a stock exchange filing on Thursday.China&amp;apos;s fourth-largest bank joined larger rivals including top lender Industrial and Commercial Bank of China to tap investors for billions of dollars of recapitalisation after a 2009 lending</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:14:05 GMT</pubDate></item><item><title>Japanese shares open 1.06% higher</title><link>http://www.24dunia.com/english-news/shownews/4/Japanese-shares-open-1-06-higher/7232654.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Japanese-shares-open-1-06-higher/7232654.html</guid><description>Japanese shares opened higher today, with the Tokyo Stock Exchange&amp;apos;s Nikkei index gaining 95.94 points or 1.06% to 9,120.54 points in the first minutes of trading.©2010</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:13:05 GMT</pubDate></item><item><title>India in BNY Mellon's top 5 A-Pac list</title><link>http://www.24dunia.com/english-news/shownews/4/India-in-BNY-Mellon-s-top-5-A-Pac-list/7232662.html</link><guid>http://www.24dunia.com/english-news/shownews/4/India-in-BNY-Mellon-s-top-5-A-Pac-list/7232662.html</guid><description>MUMBAI:India has taken centrestage in the Asia plans of Bank of New York Mellon (BNYM),the world’s largest custodian and the sixth-largest US bank in terms ofmarket cap. BNYM has identified India as one of the top five markets inAsia-Pacific and has decided to increase the headcount here to make itsecond-largest in terms of employees.With over $21.8 trillion ofassets under custody, BNYM is the largest</description><category>Business</category><pubDate>Thu, 09 Sep 2010 08:08:02 GMT</pubDate></item><item><title>Centerplate to create a Stir</title><link>http://www.24dunia.com/english-news/shownews/4/Centerplate-to-create-a-Stir/7232573.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Centerplate-to-create-a-Stir/7232573.html</guid><description>sports stadiums and convention centers recently launched Centerplate Stir, a new division focused on offering food choices embracing a venue&amp;apos;s regional identity to create higher revenue for the location."It&amp;apos;s about what is the unique positioning of the building and how do we translate that into food services," said, Centerplate&amp;apos;s senior vice president of marketing. "This is an opportunity for hospitality</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Obama firm, won't yield on tax hike for wealthiest</title><link>http://www.24dunia.com/english-news/shownews/4/Obama-firm-won-t-yield-on-tax-hike-for-wealthiest/7232581.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Obama-firm-won-t-yield-on-tax-hike-for-wealthiest/7232581.html</guid><description>President Barack Obama meets with NATO Secretary General Anders Fogh Rasmussen, in the Oval Office of the White House in Washington, Tuesday, Sept. 7, 2010.Photo: Pablo Martinez Monsivais/ APPresident Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010.Photo: Pablo Martinez Monsivais/ APFILE - In this April 14, 2010 file photo, President Barack Obama meets</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>China blacks out towns to meet energy goal</title><link>http://www.24dunia.com/english-news/shownews/4/China-blacks-out-towns-to-meet-energy-goal/7232594.html</link><guid>http://www.24dunia.com/english-news/shownews/4/China-blacks-out-towns-to-meet-energy-goal/7232594.html</guid><description>BEIJING (AP) — Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targets set by Beijing.Rolling blackouts and enforced power cuts are affecting key industrial areas. The prosperous eastern city of Taizhou turned off street lights and ordered hotels and shopping malls</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Boehner calls GOP takeover of Congress 'possible'</title><link>http://www.24dunia.com/english-news/shownews/4/Boehner-calls-GOP-takeover-of-Congress-possible/7232593.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Boehner-calls-GOP-takeover-of-Congress-possible/7232593.html</guid><description>Boehner tells ABC&amp;apos;s "Good Morning America," that winning majorities in both the House and Senate, as the GOP did in 1994, would be "a steep climb."Boehner said he believes people are very uneasy with the continuing economic slump, and that would favor Republicans, who lost ground in the two chambers in the 2008 presidential election. He acknowledged, though, that the GOP would have to "earn back our</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Clements, reinsurance industry 'pioneer,' dies</title><link>http://www.24dunia.com/english-news/shownews/4/Clements-reinsurance-industry-pioneer-dies/7232576.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Clements-reinsurance-industry-pioneer-dies/7232576.html</guid><description>of esophageal cancer. He was 77.Clements is survived by his wife of 55 years, Marilyn, four children and 12 grandchildren., and was president of Marsh  McLennan and chairman of its private-equity subsidiary. Clements often launched his companies as small operations in Greenwich or Stamford, raised capital and took them worldwide, creating hundreds of local jobs in the process.XL, which he founded in</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Smithfield posts 1Q profit on higher pork prices</title><link>http://www.24dunia.com/english-news/shownews/4/Smithfield-posts-1Q-profit-on-higher-pork-prices/7232585.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Smithfield-posts-1Q-profit-on-higher-pork-prices/7232585.html</guid><description>file photo made Dec. 7, 2009, Butterball frozen turkeys are seen on display at Heinen&amp;apos;s grocery store in Bainbridge Twp., Ohio. Smithfield Foods Inc. said Wednesday, Sept. 8, 2010, higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.Photo: Amy Sancetta/ APsaid Wednesday higher selling prices for pork and improvement in hog market</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Norwalk developer expands Stamford holdings</title><link>http://www.24dunia.com/english-news/shownews/4/Norwalk-developer-expands-Stamford-holdings/7232579.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Norwalk-developer-expands-Stamford-holdings/7232579.html</guid><description>has expanded its presence in the Stamford office market with its purchases of 600 Summer St. and Stamford Landing, a four-building complex on Southfield Avenue, from Five Mile Capital Partners.Building and Land has been managing the properties for the Stamford investment firm since spring 2009.In the city&amp;apos;s central business district, 600 Summer St. is a 99,424-square-foot building that has an occupancy</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Services &amp; Info</title><link>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232565.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232565.html</guid><description>Eleuterio Rivera outside his new business, Taqueria Xochimilco at 243 Madison Avenue in Bridgeport.Photo: Brian A. Pounds/</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Business Briefs: Furniture maker to hold annual meeting</title><link>http://www.24dunia.com/english-news/shownews/4/Business-Briefs-Furniture-maker-to-hold-annual-meeting/7232601.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Business-Briefs-Furniture-maker-to-hold-annual-meeting/7232601.html</guid><description>will host the company&amp;apos;s annual investor conference at its headquarters in Danbury on Monday. Investors may register to attend the conference or listen live to the presentation at ethanallen.com/investors. A replay of the conference also will be made available on the company&amp;apos;s website.launched their fourth annual Holiday Mail for Heroes program this week. Holiday Mail for Heroes gives Americans an </description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Services &amp; Info</title><link>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232570.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232570.html</guid><description>Reinsurance industry legend Robert Clements, founder of XL Group and Arch Capital, died Saturday, Sept. 4, 2010, at his home in Stamford.Photo:</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Services &amp; Info</title><link>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232569.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Services-Info/7232569.html</guid><description>Chefs for Centerplate&amp;apos;s Stir initiative working at its Vancouver Convention Center operations in Vancouver, Canada. Stir will seek to localize venue cuisine to enhance concession revenues.Photo:</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Bank of Korea keeps interest rate near record low</title><link>http://www.24dunia.com/english-news/shownews/4/Bank-of-Korea-keeps-interest-rate-near-record-low/7232580.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Bank-of-Korea-keeps-interest-rate-near-record-low/7232580.html</guid><description>SEOUL, South Korea (AP) — South Korea&amp;apos;s central bank left its key interest rate near a record low Thursday for a second straight month amid a weakening outlook for the global economy.announced that it kept the benchmark seven-day repurchase rate at 2.25 percent. It had left the rate at a record low 2 percent for 18 months before raising it in July amid a healthy domestic economic growth outlook and</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Local stocks: GE Cap issues sporting goods credit card</title><link>http://www.24dunia.com/english-news/shownews/4/Local-stocks-GE-Cap-issues-sporting-goods-credit-card/7232600.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Local-stocks-GE-Cap-issues-sporting-goods-credit-card/7232600.html</guid><description>one of the gainers, reported improved results for the third quarter of fiscal 2010.The Hearst/Bloomberg Southwest Connecticut Index was up 1.59 to 114.83, as 49 stocks gained, 15 gained and 15 were unchanged.The index is a price-weighted list of the stocks of 79 companies in southwestern Connecticut.Urstadt Biddle Properties, a Greenwich-based real estate investment trust, climbed 21 cents to close</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Park City has no shortages of tacos</title><link>http://www.24dunia.com/english-news/shownews/4/Park-City-has-no-shortages-of-tacos/7232598.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Park-City-has-no-shortages-of-tacos/7232598.html</guid><description>the family closes the restaurant for the night, Lucia Rivera obliges a late afternoon customer and sizzles up some beef on the grill for someShe flips the tortillas next to the beef then puts it all together with fresh cilantro and onions on a clean white plate. Raul Rivera, her son, asks whether the customer wants some salsa. It&amp;apos;s made fresh and it provides a different kind of sizzle when you take</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:56:54 GMT</pubDate></item><item><title>Cairn, Adani Power, NMDC, Sun Pharma and Tata Power: India Stocks Preview</title><link>http://www.24dunia.com/english-news/shownews/4/Cairn-Adani-Power-NMDC-Sun-Pharma-and-Tata-Power-India-Stocks-Preview/7232094.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Cairn-Adani-Power-NMDC-Sun-Pharma-and-Tata-Power-India-Stocks-Preview/7232094.html</guid><description>(ADANI IN): The electricity unit ofIndia’s biggest coal importer was raised to “neutral” from“underperform” at Credit Suisse Group AG by equity analyst. The target price is 135 rupees per share. Adani rose2.2 percent to 140.45 rupees.(CAIR IN): Cairn Energy Plc (CNE LN) maypay as much as $1.1 billion in taxes after the sale of amajority stake in its Indian unit to, thePress Trust of India reported,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:24:54 GMT</pubDate></item><item><title>Koran burning could amount to another Abu Ghraib: Petraeus</title><link>http://www.24dunia.com/english-news/shownews/4/Koran-burning-could-amount-to-another-Abu-Ghraib-Petraeus/7232087.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Koran-burning-could-amount-to-another-Abu-Ghraib-Petraeus/7232087.html</guid><description>Washington, Sep 9 (DPA) The top US commander in Afghanistan warned Wednesday that a Florida pastor’s plan to burn copies of the Koran could be as harmful to the US as the Abu Ghraib prison scandal in Iraq.General David Petraeus told NBC television that images of the Koran burning would be used by Islamic extremists to fuel anti-Americanism and harm the US mission in Afghanistan and other areas in the</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:24:04 GMT</pubDate></item><item><title>Mexican judge frees women jailed for miscarriages</title><link>http://www.24dunia.com/english-news/shownews/4/Mexican-judge-frees-women-jailed-for-miscarriages/7232086.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Mexican-judge-frees-women-jailed-for-miscarriages/7232086.html</guid><description>Mexico City, Sep 9 (IANS/EFE) A Mexican judge has ordered the release of seven women serving long prison terms after being convicted of homicide in cases of miscarriage in the country’s central Guanajuato state.A judicial decree was published in Guanajuato last Friday reducing the punishment of women convicted of homicide in cases of miscarriage.“With the new juridical concept, these seven women will</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:24:04 GMT</pubDate></item><item><title>Steady Djokovic tames flamboyant game of Monfils</title><link>http://www.24dunia.com/english-news/shownews/4/Steady-Djokovic-tames-flamboyant-game-of-Monfils/7232085.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Steady-Djokovic-tames-flamboyant-game-of-Monfils/7232085.html</guid><description>New York, Sep 9 (DPA) Rock-steady Serb Novak Djokovic tamed the big-hitting flamboyant game of Gael Monfils as he defeated the Frenchman 7-6 (7-2), 6-1, 6-2 Wednesday to reach a fourth straight semi-final at the US Open.Third-seeded Djokovic was awaiting an opponent as Roger Federer and Robin Soderling met in a high-voltage quarter-final, with the Swiss holding a 12-1 edge. His only defeat in the series</description><category>Business</category><pubDate>Thu, 09 Sep 2010 07:24:04 GMT</pubDate></item><item><title>Policy soon to boost manufacturing</title><link>http://www.24dunia.com/english-news/shownews/4/Policy-soon-to-boost-manufacturing/7230582.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Policy-soon-to-boost-manufacturing/7230582.html</guid><description>In a move aimed at giving manufacturing a big boost, the Commerce and Industry Ministry will come out with a final policy framework for units to be set up in the proposed special manufacturing and investment zones by the end of this year.The government is of the view that these special areas — National Manufacturing and Investment Zones (NMIZs) — will help in increasing the share of manufacturing from</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>Govt to prod banks to lend more for low-cost housing</title><link>http://www.24dunia.com/english-news/shownews/4/Govt-to-prod-banks-to-lend-more-for-low-cost-housing/7230700.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Govt-to-prod-banks-to-lend-more-for-low-cost-housing/7230700.html</guid><description>NEW DELHI: Concerned</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:24:01 GMT</pubDate></item><item><title>Consumers cut back on credit card use once again</title><link>http://www.24dunia.com/english-news/shownews/4/Consumers-cut-back-on-credit-card-use-once-again/7230238.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Consumers-cut-back-on-credit-card-use-once-again/7230238.html</guid><description>Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.Borrowing dropped at an annual rate of $3.6 billion in July, the Federal Reserve reported Wednesday. That marked the 17th drop in credit in the past 18 months.Americans did boost borrowing for auto loans in July but</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>Empty shops highlighting 'divide'</title><link>http://www.24dunia.com/english-news/shownews/4/Empty-shops-highlighting-divide/7233202.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Empty-shops-highlighting-divide/7233202.html</guid><description>Big town centres in London and South East England were generally faring better than others further northThe number of shops closing in Britain is slowing but a north-south divide has emerged, a study has found.Retail analysts the Local Data Company found one in seven outlets are currently empty.Town centre vacancy rates rose from just over 12% at the end of 2009, to 13% at the end of June 2010.It said</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:39:04 GMT</pubDate></item><item><title>Delhi is also PhD capital of the country</title><link>http://www.24dunia.com/english-news/shownews/4/Delhi-is-also-PhD-capital-of-the-country/7232668.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Delhi-is-also-PhD-capital-of-the-country/7232668.html</guid><description>MUMBAI:Delhi</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:14:05 GMT</pubDate></item><item><title>NMDC eyes Riversdale stake</title><link>http://www.24dunia.com/english-news/shownews/4/NMDC-eyes-Riversdale-stake/7231929.html</link><guid>http://www.24dunia.com/english-news/shownews/4/NMDC-eyes-Riversdale-stake/7231929.html</guid><description>Rana Som (right) and Hemant Nerurkar in Calcutta on Wednesday. Picture by Kishor Roy ChowdhuryNMDC plans to join hands with Tata Steel to wrest majority control of Australian firm Riversdale Mining, which is being wooed by Brazilian and Chinese firms as well.Tata Steel holds a 24.21 per cent stake in the Sydney-based firm, which has large coking coal mines in Mozambique, Africa.We are looking to invest</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>Business Briefs</title><link>http://www.24dunia.com/english-news/shownews/4/Business-Briefs/7231949.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Business-Briefs/7231949.html</guid><description>Tata Industries has hiked its stake in two group firms — Tata Motors and Tata Power — through open market transactions worth Rs 700 crore. The Tata group firm has increased its holding in Tata Motors by an additional 0.92 per cent and in Tata Power by a further 0.71 per cent, data available with the Bombay Stock Exchange showed. Tata Industries bought these shares from another group firm Tata Steel.The</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>Dhamra Port ready for action</title><link>http://www.24dunia.com/english-news/shownews/4/Dhamra-Port-ready-for-action/7231925.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Dhamra-Port-ready-for-action/7231925.html</guid><description>Santosh Mahapatra, chairman of Dhamra Port, said they would commence operations in two berths, though railway connectivity had not been established.We hope the 62-kilometre line up to Bhadrak will be ready by the end of this year. The berths can handle up to 27 million tonnes cargo on an annualised basis when fully operational, he said.Speaking on the sidelines of a CII seminar, Mahapatra said he</description><category>Business</category><pubDate>Thu, 09 Sep 2010 06:11:20 GMT</pubDate></item><item><title>Rig firms hit back at BP report</title><link>http://www.24dunia.com/english-news/shownews/4/Rig-firms-hit-back-at-BP-report/7233203.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Rig-firms-hit-back-at-BP-report/7233203.html</guid><description>Contractors who worked for BP on the ill-fated Deepwater Horizon oil rig have criticised the company&amp;apos;s report into the Gulf of Mexico oil spill.Drilling firm Transocean branded the report "self serving" while cement contractor Halliburton said it contained "omissions and inaccuracies".BP blamed a "sequence of failures involving a number of different parties" for the spill.Transocean dismissed BP&amp;apos;s</description><category>Business</category><pubDate>Thu, 09 Sep 2010 05:25:03 GMT</pubDate></item><item><title>Coffee price hits 13-year high</title><link>http://www.24dunia.com/english-news/shownews/4/Coffee-price-hits-13-year-high/7232405.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Coffee-price-hits-13-year-high/7232405.html</guid><description>COFFEE prices hit a 13-year high overnight, extending a rally that has sent prices up about 43 per cent in the past three months.Coffee for December delivery settled up US2.25 cents at $US1.9455 ($2.12) a pound yesterday after hitting $US1.9865 per pound earlier in the day.The impact of the months-long climb is leading to higher retail coffee prices on several major brands, including Folgers, Dunkin&amp;apos;</description><category>Business</category><pubDate>Thu, 09 Sep 2010 05:20:05 GMT</pubDate></item><item><title>Slump likely in iron ore demand</title><link>http://www.24dunia.com/english-news/shownews/4/Slump-likely-in-iron-ore-demand/7232496.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Slump-likely-in-iron-ore-demand/7232496.html</guid><description>CHINESE demand for iron ore seems set to slump after Beijing&amp;apos;s extraordinary move to turn off the power supply to its industrial heartlands.All 56 steel mills and coke producers in Tangshan - a municipality east of Beijing that holds the world&amp;apos;s greatest concentration of steel production - received government notices this week to slash steel production by between one and two-thirds for the remainder</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:58:05 GMT</pubDate></item><item><title>Network rollout to cost billions</title><link>http://www.24dunia.com/english-news/shownews/4/Network-rollout-to-cost-billions/7232417.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Network-rollout-to-cost-billions/7232417.html</guid><description>JULIA Gillard&amp;apos;s promise to deliver the National Broadband Network will cost taxpayers billions of dollars, the opposition has warned.The Prime Minister promised to roll out the $43 billion NBN to regional areas first as part of a deal to secure the support of two independents needed to form a minority government.But opposition finance spokesman Andrew Robb warned yesterday that rolling out the NBN</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:55:02 GMT</pubDate></item><item><title>PM to review progress of infra projs today</title><link>http://www.24dunia.com/english-news/shownews/4/PM-to-review-progress-of-infra-projs-today/7230724.html</link><guid>http://www.24dunia.com/english-news/shownews/4/PM-to-review-progress-of-infra-projs-today/7230724.html</guid><description>Prime Minister Manmohan Singh will conduct a first quarter (April-June) review on the progress of five infrastructure sectors, including roads, railways and power, vis-a-vis the targets fixed by the Plan panel in a Cabinet meeting on Thursday."The Prime Minister would review the first quarterly report of the five infrastructure targets prepared by the Planning Commission in a Cabinet meeting scheduled</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:52:17 GMT</pubDate></item><item><title>ET in a classroom: What is a GDP deflator?</title><link>http://www.24dunia.com/english-news/shownews/4/ET-in-a-classroom-What-is-a-GDP-deflator/7230689.html</link><guid>http://www.24dunia.com/english-news/shownews/4/ET-in-a-classroom-What-is-a-GDP-deflator/7230689.html</guid><description>A deflator is used to convert datacompiled over a period into prices prevailing at an earlier point in time. forexample, the current price of a television can be deflated to what it would costsay three years ago. Essentially, a deflator removes the effect of inflationfrom data, making it comparable acrossperiods.Prices are always in a state offlux, but generally move upwards over time. Therefore, a</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:36:01 GMT</pubDate></item><item><title>Online registration for cotton export contracts from September 15</title><link>http://www.24dunia.com/english-news/shownews/4/Online-registration-for-cotton-export-contracts-from-September-15/7230657.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Online-registration-for-cotton-export-contracts-from-September-15/7230657.html</guid><description>After announcing that it was allowing export of 55 lakh cotton bales from October 1, the Central Government on Wednesday moved a step forward and announced that traders would be able to access online registration for export contracts from September 15.The registration for cotton export contracts will be done by the Mumbai-based Textiles Commissioner (TC). The online system will be in operation with</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>Infosys expresses concern</title><link>http://www.24dunia.com/english-news/shownews/4/Infosys-expresses-concern/7230500.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Infosys-expresses-concern/7230500.html</guid><description>BANGALORE:The CEO and Managing Director of Infosys Technologies S. Gopalakrishnan expressed “concern” over the moves by Ohio to ban offshoring of IT services outside the U.S.However, Mr. Gopalakrishnan, in a statement, said Infosys “should not be affected,” because its public services initiative in the U.S. “is focussed on creating a domestic delivery centre in the U.S. hence this should not be affected.”</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>Nasscom terms U.S. move discriminatory</title><link>http://www.24dunia.com/english-news/shownews/4/Nasscom-terms-U-S-move-discriminatory/7230539.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Nasscom-terms-U-S-move-discriminatory/7230539.html</guid><description>Terming the outsourcing ban threat by the State of Ohio in the U.S. as “discriminatory&amp;apos;, the Indian information technology industry on Wednesday said any such move was against the policy of open markets and hampers promotion of free trade. The IT industry has decided to register its opposition with the U.S. administration besides seeking help from the Indian government to take the matter with the American</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:09 GMT</pubDate></item><item><title>Cos bill may close doors on subsidiary maze</title><link>http://www.24dunia.com/english-news/shownews/4/Cos-bill-may-close-doors-on-subsidiary-maze/7230683.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Cos-bill-may-close-doors-on-subsidiary-maze/7230683.html</guid><description>NEW DELHI: The new</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:34:00 GMT</pubDate></item><item><title>Shoppers turning to card payments</title><link>http://www.24dunia.com/english-news/shownews/4/Shoppers-turning-to-card-payments/7231755.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Shoppers-turning-to-card-payments/7231755.html</guid><description>number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show.As retail stores closed, the number of ATMs fell by 440 between April and June compared with the previous three months, the Payments Council said.Withdrawals from cash machines fell by £1.6bn compared with a year ago, a dip of 3.2%.The Payments Council has set a target date of October 2018</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:31:00 GMT</pubDate></item><item><title>Google revamps search system</title><link>http://www.24dunia.com/english-news/shownews/4/Google-revamps-search-system/7231764.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Google-revamps-search-system/7231764.html</guid><description>Google has launched a system which enables web links to appear and refresh as soon as characters are typed into the search box on its home page.BBC Technology Correspondent Rory Cellan-Jones says the new method represents a significant change.This</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:25:00 GMT</pubDate></item><item><title>Govt to prod banks to lend more for low-cost housing</title><link>http://www.24dunia.com/english-news/shownews/4/Govt-to-prod-banks-to-lend-more-for-low-cost-housing/7230701.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Govt-to-prod-banks-to-lend-more-for-low-cost-housing/7230701.html</guid><description>Concerned over inadequatefunding of low-cost housing projects, the finance ministry may nudge state-runbanks and housing finance companies to set aside more funds.Theministry of housing and urban poverty alleviation has pointed to the low subsidyclaims from banks as evidence of abysmal lending to low-cost housing.The finance ministry will seek data from all banks on their exposuretowards low-cost housing</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:24:01 GMT</pubDate></item><item><title>AP sources: Fire may have erupted on UPS plane</title><link>http://www.24dunia.com/english-news/shownews/4/AP-sources-Fire-may-have-erupted-on-UPS-plane/7230250.html</link><guid>http://www.24dunia.com/english-news/shownews/4/AP-sources-Fire-may-have-erupted-on-UPS-plane/7230250.html</guid><description>People familiar with the investigation of a UPS plane that crashed in Dubai last week say there appears to have been an in-flight fire in the plane&amp;apos;s cargo compartment.that investigators are now trying to verify which cargo aboard the Boeing 747-400 was located just forward of the starboard wing, where the fire erupted. They also want to know if there were any lithium-ion batteries in that location.</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>Former cop charged again in bogus foreclosures</title><link>http://www.24dunia.com/english-news/shownews/4/Former-cop-charged-again-in-bogus-foreclosures/7230248.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Former-cop-charged-again-in-bogus-foreclosures/7230248.html</guid><description>WEST PALM BEACH, Fla. (AP) — A year in jail wasn&amp;apos;t enough to deter a 52-year-old West Palm Beach man bent on renting out homes he doesn&amp;apos;t own.Claiming he is backed by an obscure Florida law pertaining to abandoned and vacant property,again has attempted to take homes via adverse possession and rent them to unwitting tenants, according to Palm Beach County Sheriff&amp;apos;s investigators.Following a July release</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>Boeing slims down military aircraft business</title><link>http://www.24dunia.com/english-news/shownews/4/Boeing-slims-down-military-aircraft-business/7230242.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Boeing-slims-down-military-aircraft-business/7230242.html</guid><description>LOUIS (AP) — Boeing Co. is slimming down its military aircraft business and cutting workers as the U.S. tightens defense spending and profit margins shrink.Boeing&amp;apos;s military division makes the well-known Chinook transport helicopters, as well as the C-17 transport and the F/A-18 fighter-bomber.The job cuts will start with 10 percent of the group&amp;apos;s executives. Boeing didn&amp;apos;t say how many more workers</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>Flight attendant in passenger tiff to be evaluated</title><link>http://www.24dunia.com/english-news/shownews/4/Flight-attendant-in-passenger-tiff-to-be-evaluated/7230254.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Flight-attendant-in-passenger-tiff-to-be-evaluated/7230254.html</guid><description>In this Aug. 10, 2010 file photo, JetBlue flight attendant Steven Slater leaves a correctional facility in the Bronx after posting bail in New York. JetBlue Airways says that there will be no second exits for Slater, who captured the nation&amp;apos;s imagination with his profanity-laced loudspeaker tirade and jump down a plane&amp;apos;s emergency chute, beer in hand. Spokeswoman Jenny Dervin said Saturday, Sept. 4,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>Summary Box: Portugal bond sale reflects debt fear</title><link>http://www.24dunia.com/english-news/shownews/4/Summary-Box-Portugal-bond-sale-reflects-debt-fear/7230253.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Summary-Box-Portugal-bond-sale-reflects-debt-fear/7230253.html</guid><description>HIGH COSTS: Portugal raised $1.3 billion in a debt auction Wednesday, but at sharply higher borrowing costs compared with recent auctions.REVIVED CONCERNS: Portugal is seen as one of the most financially vulnerable countries in the 16-nation eurozone, and the higher borrowing costs reflected market concerns that Europe&amp;apos;s debt crisis may be flaring up again. Along with Spain and Ireland, Portugal is</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:13:19 GMT</pubDate></item><item><title>More on BUSINESS &amp; ECONOMY</title><link>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230117.html</link><guid>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230117.html</guid><description>cost.Mandatory annuity will differentiate these plans from other investment options, says LIC MDD K Mehrotra, managing director of Life Insurance Corporation of India (LIC) of India, said the revised Insurance Regulatory and Development Authority of India (Irda) guidelines that come into effect from September 1, 2010 will ensure that pension products remain true to their name."People will now have</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:05:17 GMT</pubDate></item><item><title>More on BUSINESS &amp; ECONOMY</title><link>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230118.html</link><guid>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230118.html</guid><description>competition seen increasing, especially at the lower end,as Jyothy Laboratories and Ghari Industries get aggressiveAll that bloodletting later, it&amp;apos;s time for a concerted play, to assuage the hurt if not undo the damage altogether.Fast moving consumer goods (FMCG) biggies, which were locked in an intense price war over the past months, have started hiking product prices. Biscuits, toilet soaps and hair</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:05:17 GMT</pubDate></item><item><title>More on BUSINESS &amp; ECONOMY</title><link>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230116.html</link><guid>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230116.html</guid><description>Vodafone Plc may have to shell out almost as much as it recently paid for buying 3G spectrum in India, following the Bombay High Court judgement.Although India is among the promising telecom markets for the world&amp;apos;s largest telecom service provider, the company has already spent `11,617 crore to acquire 3G spectrum across 9 circles in the country earlier this year.Due to competition, Vodafone, like</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:05:17 GMT</pubDate></item><item><title>More on BUSINESS &amp; ECONOMY</title><link>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230096.html</link><guid>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230096.html</guid><description>part of efforts to find an anchor client for its aero special economic zone (SEZ) at the international airport in Hyderabad, infrastructure major GMR is said to be in advanced talks with helicopter maker AgustaWestland.GMR Infra, through its subsidiary GMR Hyderabad International Airport Ltd (GHIAL), has been working on a plan to develop an aerospace SEZ in about 250 acres on the sprawling 5,500-acre</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:05:17 GMT</pubDate></item><item><title>More on BUSINESS &amp; ECONOMY</title><link>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230097.html</link><guid>http://www.24dunia.com/english-news/shownews/4/More-on-BUSINESS-ECONOMY/7230097.html</guid><description>cost.Banks&amp;apos; base rate woes are spilling over. As if losing short-term borrowers to the commercial paper (CP) market wasn&amp;apos;t bad enough, they now have to worry about losing customers to other banks too.For example, Vijaya Bank, which had set its base rate at 8.25%, may be losing customers to say the State Bank of India (SBI), which has a base rate of 7.5%.By that logic, Karur Vysya Bank and Karnataka</description><category>Business</category><pubDate>Thu, 09 Sep 2010 04:05:17 GMT</pubDate></item><item><title>MP Birla Group co-led consortium set to bag Rs 7,582-cr BSNL contract</title><link>http://www.24dunia.com/english-news/shownews/4/MP-Birla-Group-co-led-consortium-set-to-bag-Rs-7-582-cr-BSNL-contract/7230722.html</link><guid>http://www.24dunia.com/english-news/shownews/4/MP-Birla-Group-co-led-consortium-set-to-bag-Rs-7-582-cr-BSNL-contract/7230722.html</guid><description>MP Birla Groupcompany Vindhya Telelinks, which manufactures telephone cables in collaborationwith Sweden’s Ericsson Cables is set to bag a Rs 7,582-crore contract fromBSNL to build an optic fibre cable network for India’s armedforces.Vindhya Telelinks, along with its consortium partners —Telecommunications Consultants India (TCIL) and Aster — has emerged as thelowest bidder for this defence project,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:59:02 GMT</pubDate></item><item><title>MP Birla Group co-led consortium set to bag Rs 7,582-cr BSNL contract</title><link>http://www.24dunia.com/english-news/shownews/4/MP-Birla-Group-co-led-consortium-set-to-bag-Rs-7-582-cr-BSNL-contract/7230721.html</link><guid>http://www.24dunia.com/english-news/shownews/4/MP-Birla-Group-co-led-consortium-set-to-bag-Rs-7-582-cr-BSNL-contract/7230721.html</guid><description>MUMBAI/NEW DELHI: MP</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:59:02 GMT</pubDate></item><item><title>Goldman Sachs faces large fine in UK</title><link>http://www.24dunia.com/english-news/shownews/4/Goldman-Sachs-faces-large-fine-in-UK/7233438.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Goldman-Sachs-faces-large-fine-in-UK/7233438.html</guid><description>Goldman Sachs is facing a fine thought to be near £20m from the UK&amp;apos;s financial regulator-- Goldman Sachs is facing a fine thought to be near £20m from the UK&amp;apos;s financial regulator following a five-month investigation into the investment bank&amp;apos;s international business initiated in the wake of fraud charges against the company in the US.The fine, which could be announced by the Financial Services Authority</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:58:00 GMT</pubDate></item><item><title>NMDC sets sights on African coal assets</title><link>http://www.24dunia.com/english-news/shownews/4/NMDC-sets-sights-on-African-coal-assets/7230718.html</link><guid>http://www.24dunia.com/english-news/shownews/4/NMDC-sets-sights-on-African-coal-assets/7230718.html</guid><description>KOLKATA: National</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:49:04 GMT</pubDate></item><item><title>NMDC sets sights on African coal assets</title><link>http://www.24dunia.com/english-news/shownews/4/NMDC-sets-sights-on-African-coal-assets/7230719.html</link><guid>http://www.24dunia.com/english-news/shownews/4/NMDC-sets-sights-on-African-coal-assets/7230719.html</guid><description>National Mineral DevelopmentCorp, or NMDC, India’s largest iron ore miner, is in talks to buy aminority stake in Riversdale Mining, the Australian company that owns largecoking coal assets in Mozambique.The state-owned NMDC that supplieskey raw materials such as iron ore to most steel companies, is also doing a duediligence for the Kolmar coal mines in Russia, chairman Rana Som said onWednesday.“We</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:49:04 GMT</pubDate></item><item><title>Tata Power in talks to buy majority stake in InterGen</title><link>http://www.24dunia.com/english-news/shownews/4/Tata-Power-in-talks-to-buy-majority-stake-in-InterGen/7230708.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Tata-Power-in-talks-to-buy-majority-stake-in-InterGen/7230708.html</guid><description>MUMBAI: Tata</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:46:04 GMT</pubDate></item><item><title>Tata Power in talks to buy majority stake in InterGen</title><link>http://www.24dunia.com/english-news/shownews/4/Tata-Power-in-talks-to-buy-majority-stake-in-InterGen/7230709.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Tata-Power-in-talks-to-buy-majority-stake-in-InterGen/7230709.html</guid><description>Tata Power Company,India’s largest private power utility, is in talks to acquire a majoritystake in the UK-based power generator InterGen NV from GMR Infrastructure toscale up its global presence.“We are talking to severalcompanies including InterGen for a possible acquisition,” chairman RatanTata told shareholders at the company’s 91st annual general meeting onWednesday. InterGen, with generation</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:46:04 GMT</pubDate></item><item><title>China bank regulator warns on risk</title><link>http://www.24dunia.com/english-news/shownews/4/China-bank-regulator-warns-on-risk/7233445.html</link><guid>http://www.24dunia.com/english-news/shownews/4/China-bank-regulator-warns-on-risk/7233445.html</guid><description>Chief regulator Liu Mingkang warned of serious risks building in China finance sector.&amp;apos;The risk management system in the Chinese banking sector still has many weaknesses&amp;apos;-- China&amp;apos;s main bank regulator has warned that serious risks are building up in the financial sector and specifically linked improving financial risk management to the "important task" of maintaining social stability in the country.The</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:43:00 GMT</pubDate></item><item><title>Asia Day Ahead: KKR, Perella Said to Be in Talks With Goldman Prop Traders</title><link>http://www.24dunia.com/english-news/shownews/4/Asia-Day-Ahead-KKR-Perella-Said-to-Be-in-Talks-With-Goldman-Prop-Traders/7229690.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Asia-Day-Ahead-KKR-Perella-Said-to-Be-in-Talks-With-Goldman-Prop-Traders/7229690.html</guid><description>KKR  Co. and Perella Weinberg Partners LP are in talks tohire members of Goldman Sachs Group Inc.’s U.S. principal-strategies group, according to two people briefed on thenegotiations.The Federal Reserve said the U.S. economy maintained itsexpansion while showing “widespread signs of a deceleration”in mid-July through the end of August, according to a survey by12 regional Fed banks.John Paulson, who</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:40:53 GMT</pubDate></item><item><title>Akshay Kumar’s birthday to be a family affair</title><link>http://www.24dunia.com/english-news/shownews/4/Akshay-Kumar-s-birthday-to-be-a-family-affair/7229672.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Akshay-Kumar-s-birthday-to-be-a-family-affair/7229672.html</guid><description>will be family time for Bollywood actor Akshay Kumar when he ushers into a new year of his life Thursday.The actor, who turns 43, Thursday is planning to spend time with his family on his birthday.“I’ll be celebrating my birthday with my family. We’ll be going out to a nice place to eat. I work to live life to the fullest. So hoping to spend some nice time with my family,” Akshay told reporters he</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:40:02 GMT</pubDate></item><item><title>Robert Pattinson not appearing on ‘Entourage’</title><link>http://www.24dunia.com/english-news/shownews/4/Robert-Pattinson-not-appearing-on-Entourage/7229676.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Robert-Pattinson-not-appearing-on-Entourage/7229676.html</guid><description>heartthrob Robert Pattinson is not doing a cameo appearance in the season finale of the TV show “Entourage”.A source close to Pattinson insists that the report is “not true”. A production source has also confirmed “he’s not” on the show, and had “no clue” as to how the rumor started,” reports aceshowbiz.com.However, singers Christina Aguilera and Eminem have been confirmed by HBO to appear on the </description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:40:02 GMT</pubDate></item><item><title>Pitt, Jolie to buy $40 mn Italian home?</title><link>http://www.24dunia.com/english-news/shownews/4/Pitt-Jolie-to-buy-40-mn-Italian-home/7229679.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Pitt-Jolie-to-buy-40-mn-Italian-home/7229679.html</guid><description>Angelina Jolie and partner Brad Pitt are planning to buy a house in Northern Italy.The $40 million house in the Italian hills of Valpolicella boasts of 15 bedrooms, seven bathrooms, a theatre and two swimming pools. This will be the Hollywood star couple’s third property, adding to a Los Angeles mansion and New Orleans home, reports femalefirst.co.uk.Jolie reportedly fell in love with Italy while filming</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:40:02 GMT</pubDate></item><item><title>K'taka farmers want more from land sales to Arcelor</title><link>http://www.24dunia.com/english-news/shownews/4/K-taka-farmers-want-more-from-land-sales-to-Arcelor/7230705.html</link><guid>http://www.24dunia.com/english-news/shownews/4/K-taka-farmers-want-more-from-land-sales-to-Arcelor/7230705.html</guid><description>Amid protests by farmers inBellary for increased compensation, the Karnataka government on Wednesdayoffered jobs along with Rs 8-16 lakh per acre to be used for the Rs 30,000-croreArcelorMittal steel project.Agitating farmers are demanding acompensation of Rs 50-60 lakh per acre, besides the offer of one job per familyin the project, senior state officials said over the phone.At Rs8-16 lakh per acre,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:25:00 GMT</pubDate></item><item><title>Russian govt to buy  20% in Sistema Shyam for $600 mn</title><link>http://www.24dunia.com/english-news/shownews/4/Russian-govt-to-buy-20-in-Sistema-Shyam-for-600-mn/7229551.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Russian-govt-to-buy-20-in-Sistema-Shyam-for-600-mn/7229551.html</guid><description>Published on Wed, Sep 08, 2010 at 22:37 | Updated at Thu, Sep 09, 2010 at 01:39 | Source : Moneycontrol.comThe Russian Government has approved equity investment in Sistema Shyam TeleServices Ltd. (SSTL). The Russian government will buy 20% stake for USD 600 million.SSTL, a joint venture between Sistema and India&amp;apos;s Shyam Group which provides telecommunications services under the MTS brand. Post-acq</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:22:05 GMT</pubDate></item><item><title>THE CITY INTERVIEW:</title><link>http://www.24dunia.com/english-news/shownews/4/THE-CITY-INTERVIEW/7230186.html</link><guid>http://www.24dunia.com/english-news/shownews/4/THE-CITY-INTERVIEW/7230186.html</guid><description>After a celebratory curry on a busy business trip to Mumbai last weekend, Willie Walsh admits with a laugh: &amp;apos; Yes I have kissed the Blarney Stone.&amp;apos;The Blarney Stone is, of course, the stone built into the battlements of Blarney Castle near Cork, which when kissed is said to confer upon the smoocher the gift of the gab.It certainly seems to have worked on the Irish-born British Airways chief executive,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:05:05 GMT</pubDate></item><item><title>Piramal Healthcare completes $3.7-bn deal with Abbott</title><link>http://www.24dunia.com/english-news/shownews/4/Piramal-Healthcare-completes-3-7-bn-deal-with-Abbott/7230715.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Piramal-Healthcare-completes-3-7-bn-deal-with-Abbott/7230715.html</guid><description>NEW DELHI: Piramal</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:03:01 GMT</pubDate></item><item><title>TIL invests $4 mn in start-up Instamedia</title><link>http://www.24dunia.com/english-news/shownews/4/TIL-invests-4-mn-in-start-up-Instamedia/7230687.html</link><guid>http://www.24dunia.com/english-news/shownews/4/TIL-invests-4-mn-in-start-up-Instamedia/7230687.html</guid><description>BANGALORE: Instamedia,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 03:00:05 GMT</pubDate></item><item><title>Leighton: Succession announcement on hold</title><link>http://www.24dunia.com/english-news/shownews/4/Leighton-Succession-announcement-on-hold/7230171.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Leighton-Succession-announcement-on-hold/7230171.html</guid><description>longstanding sideshow over the successor to Leighton Holdings chief executive Wal King has yet to run its course.Despite widespread media reports that chief operating officer and former John Holland managing director David Stewart was chosen by the board on Monday to replace Mr King, Leighton has refused to comment on the matter.No announcement is expected until Mr King returns to Australia from a</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:49:00 GMT</pubDate></item><item><title>Digemans quits City to take finance role at drugs group</title><link>http://www.24dunia.com/english-news/shownews/4/Digemans-quits-City-to-take-finance-role-at-drugs-group/7230195.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Digemans-quits-City-to-take-finance-role-at-drugs-group/7230195.html</guid><description>of the City&amp;apos;s most prolific, and best-paid, deal-makers is to join drugs group GlaxoSmithKline as finance director.Simon Dingemans, head of Goldman Sachs&amp;apos;s European mergers and acquisitions business, will move to the pharmaceuticals group in March next year. By shifting from the City to industry, Dingemans, 47, will take a huge cut in income.His earnings at Goldman are reckoned to have hit £10m a year</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:45:04 GMT</pubDate></item><item><title>Consumer electronics brands gearing up with products, offers</title><link>http://www.24dunia.com/english-news/shownews/4/Consumer-electronics-brands-gearing-up-with-products-offers/7230697.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Consumer-electronics-brands-gearing-up-with-products-offers/7230697.html</guid><description>KOLKATA/NEW DELHI: Festive 2010 isalready on a roll. As the country gears up for the festive season a month away,leading brands and retailers are geared up to unleash their salvos withexpectations of cracking the best-ever sale numbers, backed by strong marketinginitiatives and product launches, as compared with the slowdown-stricken lasttwo years.Companies expect sales to grow by at least 20-25% </description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:45:03 GMT</pubDate></item><item><title>Denizen takes Indian trial</title><link>http://www.24dunia.com/english-news/shownews/4/Denizen-takes-Indian-trial/7230690.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Denizen-takes-Indian-trial/7230690.html</guid><description>jeanswear company LeviStrauss  Co has zeroed in on Karnataka to test-market its mid-market brand,Denizen.The Indian arm of the global denim major has converted 20stores of its entry-level brand, Levi Strauss Signature, into Denizen, and hasroped in Bollywood star Imran Khan as its brand ambassador, said a seniorcompany official.If the pilot proves successful, Signature could bewithdrawn to pave way</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:42:03 GMT</pubDate></item><item><title>MARKET REPORT by GEOFF FOSTER:</title><link>http://www.24dunia.com/english-news/shownews/4/MARKET-REPORT-by-GEOFF-FOSTER/7230187.html</link><guid>http://www.24dunia.com/english-news/shownews/4/MARKET-REPORT-by-GEOFF-FOSTER/7230187.html</guid><description>102.9p on talk of a £2.1bn, or 150p, a share cash offer from Swiss-based Adecco.The world&amp;apos;s largest recruitment group has retained its ambition for UK expansion after failing with a 400p a share offer for rival(6.2p cheaper at 419.7p) in 2008, and Hays is now believed to be at the top of its shopping list.White-collar recruiter Hays is deemed vulnerable after recently reporting underwhelming annual</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:40:03 GMT</pubDate></item><item><title>Zenith plans to double India outlets</title><link>http://www.24dunia.com/english-news/shownews/4/Zenith-plans-to-double-India-outlets/7230710.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Zenith-plans-to-double-India-outlets/7230710.html</guid><description>Swiss luxury watch brandZenith is planning to double its presence in India through shop-in-shop model.The brand, now owned by Moet Hennessy - Louis Vuitton (LVMH) group,was launched in 2009 in India and now eying brand conscious and global traveleryoung Indians as its growth strategy.“Zenith is more thanjust Swiss brand, its unique experience. Our offerings are also very suitable tobrand conscious</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:40:03 GMT</pubDate></item><item><title>Google unveils 'instant' searches</title><link>http://www.24dunia.com/english-news/shownews/4/Google-unveils-instant-searches/7231751.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Google-unveils-instant-searches/7231751.html</guid><description>BBC Technology Correspondent Rory Cellan-Jones says the new system represents a significant changeGoogle has sped up its internet search engine by launching a new product, Google Instant, that displays results as soon as users type in queries."This is search at the speed of thought. It represents a quantum leap in search," the company said.Previously Google&amp;apos;s suggested search terms and did not reveal</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:39:04 GMT</pubDate></item><item><title>Unite ends its housing deal with struggling Connaught</title><link>http://www.24dunia.com/english-news/shownews/4/Unite-ends-its-housing-deal-with-struggling-Connaught/7230192.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Unite-ends-its-housing-deal-with-struggling-Connaught/7230192.html</guid><description>Failed social housing contractor Connaught is to get just £40 for its share of a £25m joint venture to maintain accommodation for 39,000 students, as it officially entered administration.Unite, Britain&amp;apos;s biggest student housing provider, said it was ending its partnership with Connaught, forcing the firm to sell its 40pc share for the paltry sum.There is also a risk that students in Unite&amp;apos;s 128 properties</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:36:04 GMT</pubDate></item><item><title>Economy set for further slowdown and interest rates predicted to remain on hold</title><link>http://www.24dunia.com/english-news/shownews/4/Economy-set-for-further-slowdown-and-interest-rates-predicted-to-remain-on-hold/7230185.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Economy-set-for-further-slowdown-and-interest-rates-predicted-to-remain-on-hold/7230185.html</guid><description>The pace of economic growth nearly halved over the summer, a leading think tank said, as it predicted interest rates would remain on hold until next summer.Output increased by 0.7pc in the three months to the end of August, having surged by a stunning 1.3pc between May and July, according to the National Institute of Economic and Social Research.It also forecast a further slowdown in the coming months,</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:36:02 GMT</pubDate></item><item><title>BP tries to deflect blame for Deepwater Horizon disaster in Gulf of Mexico</title><link>http://www.24dunia.com/english-news/shownews/4/BP-tries-to-deflect-blame-for-Deepwater-Horizon-disaster-in-Gulf-of-Mexico/7230188.html</link><guid>http://www.24dunia.com/english-news/shownews/4/BP-tries-to-deflect-blame-for-Deepwater-Horizon-disaster-in-Gulf-of-Mexico/7230188.html</guid><description>is hoping to avoid a fresh £10bn financial blow, after releasing a report into its Deepwater Horizon oil spill that seeks to spread the blame around.Bad decisions, lax oversight and faulty equipment triggered the deadly explosion, according to the report, released as BP faces a barrage of government investigations and civil law suits over the disaster.The four-month probe led by Mark Bly, BP&amp;apos;s head</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:36:01 GMT</pubDate></item><item><title>US economic growth 'decelerating'</title><link>http://www.24dunia.com/english-news/shownews/4/US-economic-growth-decelerating/7231754.html</link><guid>http://www.24dunia.com/english-news/shownews/4/US-economic-growth-decelerating/7231754.html</guid><description>construction sector was hit by a slowdown in the housing market, the Fed saidUS economic growth "showed widespread signs of deceleration" in the six weeks to the end of August, according to the Federal Reserve&amp;apos;s Beige Book.The book supports recent economic data showing that the recovery is losing momentum.The influential Beige Book, compiled eight times a year and used to help set interest rates, is</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:27:01 GMT</pubDate></item><item><title>Dublin to break up Anglo Irish</title><link>http://www.24dunia.com/english-news/shownews/4/Dublin-to-break-up-Anglo-Irish/7231763.html</link><guid>http://www.24dunia.com/english-news/shownews/4/Dublin-to-break-up-Anglo-Irish/7231763.html</guid><description>Irish government has said it will break up the nationalised Anglo Irish Bank.The failed lender will be split in two - a funding bank and an asset recovery bank, the finance ministry said.The asset recovery bank would retain a banking licence, but would focus on managing the existing loans inherited by Dublin when it took over the bank.The funding bank, meanwhile, will hold all of Anglo&amp;apos;s deposits and</description><category>Business</category><pubDate>Thu, 09 Sep 2010 02:09:03 GMT</pubDate></item></channel></rss>