The 50,000 U.S. troops left behind in Iraq after the end of combat missions last week will be taking on an "advise and assist" role, primarily becoming the Iraqi military's training force before ultimately withdrawing by the scheduled deadline of December 2011.
22/08/2010 07:24 AM
As if the world did not already suspect it, China's currency is undervalued and responsible for its large trade surplus, according to a study published by William Cline of the Peterson Institute for International Economics.
22/08/2010 12:07 AM
President Barack Obama on Saturday urged Americans to challenge politicians to defend their votes in opposition to a bill that would require groups to disclose their backing of political ads.
21/08/2010 09:01 PM
XE Services LLC, the major U.S. contractor providing private security services formerly known as Blackwater International, has agreed to pay a multi-million dollar fine to settle alleged export law violations over a period of seven years and remain eligible for future contracts, Department of State spokesman said on Saturday.
21/08/2010 08:20 PM
Crude Oil futures ended a second week of declines the past week following through lower to close at 73.41 on Friday. This leaves the commodity vulnerable to the downside as we enter a new week and could target the 71.16 level, its July 06'10 low with a cut through there aiming at its Jun 07'10 low at 69.62 and then the 67.14 level, its May 25'10 low.
21/08/2010 05:40 PM
The production of the RFID chips, an integral element of the new generation of German identity cards, has started after the government gave a 10 year contract to the chipmaker NXP in the Netherlands. Citizens will receive the mandatory new ID cards from the first of November on.
21/08/2010 05:35 PM
South Korean consumer electronics major LG, which is struggling to make its presence felt in the smartphone industry, is now making an ambitious claim that it will launch an Android-powered tablet computer called Optimus that will make Apple's popular iPad look bad.
21/08/2010 05:14 PM
BP agreed in June to set aside $20 billion over the next four years to pay for damage related to the largest ever U.S. oil spill, but starting Monday, it is shifting control of how that money is paid out to an independent organization led by the man who formerly managed the federal government's 9/11 victims compensation fund.
21/08/2010 05:07 PM
iPhone maker Apple Inc. may be the richest technology company in the world but BlackBerry maker Research In Motion (RIM) could be making more profit by selling its latest smartphone Torch 9800 than Apple is making by selling iPhone 4, suggests industry research firm iSuppli.
21/08/2010 02:30 PM
Julian Assange, founder of whistleblower website Wikileaks.com who has chosen Sweden to base his website's servers was served a warrant on Friday night on suspicion of molestation and rape in two different cases but withdrawn later, said reports.
21/08/2010 02:14 PM
To be made based on Ken Auletta book "Googled: The End of the World As We Know It", the storyline of the film will recast the story of Google founders Larry Page and Sergey Brin, traceable to their Stanford University days as Ph.D. scholars in the 1990s.
21/08/2010 01:42 PM
The latest Google acquisition initially rumored by TechCrunch, was announced by Munjal on the website of Like.com on Friday without giving any details.
21/08/2010 01:22 PM
