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  • Spanish surplus figures improve Spanish surplus figures improve

    Spain has reported a trade surplus, the first since 1971. With imports slumping due to austerity measures, the first monthly trade surplus for more than 40 years is being seen as a positive development. However, the country is still suffering from an economic downturn with unemployment in Spain now running at 26.7%. The surplus of 634.9 million euros in March reflects a 15% plunge in ...

  • Famous New York artists bring huge prices Famous New York artists bring huge prices

    Paintings by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat smashed all previous auction records at Christie's in New York during the week. In fact, several works by popular artists brought extraordinary prices. The items made $495 million for their owners at the valuable sale of postwar and contemporary art at Christie's. However, a single Andy Warhol Painting of Marilyn ...

  • Proposal for second US LNG export terminal gets nod Proposal for second US LNG export terminal gets nod

    WASHINGTON - The Energy Department Friday gave a conditional nod authorizing Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to set up a second facility for export of domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The approval means that gas-hungry markets like Japan and India could start ...

  • Nippon Airways reports minor incident on modified Dreamliner Nippon Airways reports minor incident on modified Dreamliner

    TOKYO - Japan's All Nippon Airways said Friday a modified Dreamliner had suffered a "minor" setback while conducting a test flight of an aircraft this month, but assured it was not due to overheating of lithium batteries. All Nippon Airways, the Japanese airline that is the largest operator of Boeing's beleaguered Dreamliner, said an electric distribution panel overheated and blackened during ...

  • Bangladesh garment factories reopen within days of shutdown Bangladesh garment factories reopen within days of shutdown

    DHAKA - Bangladesh has re-opened hundreds of garment factories after just three days of closure following protests over pay and poor work conditions. The Bangladesh Garment Manufacturers and Exporters Association had called for the re-opening on Friday. The shutdown of factories this week was prompted by worker protests over low pay and poor working conditions sparked by the country's ...


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Movie Review

In the Mood for Love (Hua yang nian hua) [DVD]

In the Mood for Love (Hua yang nian hua) [DVD]

Wong Kar-Wai's In the Mood for Love (Hua yang nian hua) is an elegant, poetic exploration of romantic yearning, repressed emotions, and the age-old conflict between tradition-bound behavior and emotional longings. ...

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  • Share of developing nations in investments set to triple by 2030

    WASHINGTON - The share of developing countries led by China and India in global investment is expected to triple by 2030 to three-fifths, from one-fifth in 2000, says the latest edition of the World Bank's Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades. Seventeen years from now, ...

  • Ocado enters sale and lease back deal with Morrisons for Dordon facility

    LONDON - Morrisons Supermarkets, one of the major British retail chains, has entered into a 170 million pounds and 25-year agreement with Ocado Group plc ("Ocado"), to acquire its recently opened Dordon Customer Fulfilment Centre (CFC) in the Midlands, and lease it back with commitment to use its logistics and distribution facilities to start grocery deliveries to customers by January ...

  • Microsoft warns about rise in computer viruses worldwide

    A Microsoft security expert said that computer viruses are on a rise worldwide once again after years of being less popular amongst computer attackers. In a report by Fox news, the security expert Tim Rains said that although viruses were less chosen to attack systems by hackers nowadays as they used other forms of threats, but recently Microsoft security has observed that viruses are on a rise ...

  • Photos Parks and Rec Star Buys Home

    Anna Faris and Chris Pratt have left Washington State for Hollywood. The actors just spent $3.3 million on a Hollywood Hills home, previously owned by Live Nation CEO Michael Rapino. Records show that the couple paid $3.3 million for the 4,710 square foot home- $325,000 over the last asking price of $2.975 million. The 4 beds, 3.5 baths home sits on over half an acre above Nichols ...

  • Gran Turismo Wants To Build Real-Life Racer

    Video game Gran Turismo could be set to give big brand car makers a run for their money. At a special event to celebrate the title's 15th anniversary, its creator said he hopes the brand will eventually build its own car. "We have big dreams and I think one of those dreams is maybe one day making an actual car," Kazunori Yamauchi told Sky News. Speaking at the Silverstone ...

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