latest world business news

Google earned a record $7.5 billion in the third quarter, and announced that its three-month-old Google+ social network now has 40 million users. That's a big increase from the 10 million users Google+ had at the end of Google's last quarter, when it remained in a "limited" trial phase. The network opened to the public in late September.  In an earnings release late Thursday, Google said it earned $9.72 per share. Analysts polled by Thomson Reuters had forecast earnings of $8.74 per share.  Investors are looking to Google's advertising figures as a barometer of the overall economy, and the numbers were good -- though the cost-per-click increase was not as high as it was last quarter. Profit rose as both the number of clicks on Google's ads and the amount that advertising partners pay per click increased.  Paid clicks rose 28% and cost per click ticked up 5% compared to last year. Sales for the Mountain View, Calif., company rose 33% over the yea...

Prices in China continued to rise at a steady pace in September, a sign that the world's largest nation still faces significant inflation pressures even amid signs of a slowing global economy.  Overall prices were up 6.1% from a year ago, little improved from the 6.2% rise in August. The reading matched the consensus forecast, according to Jay Bryson, international economist at Wells Fargo Securities. Food prices continued to lead the way, increasing 13.4%, the same as the previous month, and adding 4.1 percentage points to the overall increase. "Food price increases seems to be, at a minimum, stabilizing, maybe even beginning to recede for some products," Bryson said.  Food prices were increasing at a 14.8% annual rate as recently as July. The Chinese government has been taking steps to try to curb inflation. The People's Bank of China has raised it key interest rates five times since October. And it has also allowed the Chinese currency, the yuan, to ...

AT&T sold more than 2.00 lac of latest iPhone made by Apple Inc's in the first 12 hours its first unveiling and said it had seen "extraordinary demand" for a gadget unveiled a day before the death of Apple co-founder Steve Jobs. The iPhone 4S was unveiled on Tuesday (October 4, 2011) and immediately underwhelmed fans who had hoped for a revolutionary design after a wait of more than 15 months. But Wall Street analysts are betting that hardware updates and software enhancements, including a well-reviewed voice-recognition software system, will pull in buyers.  AT&T, Verizon Wireless and Sprint began taking U.S. online orders for the device on Friday(October 07, 2011). Comparisons are difficult because the iPhone is now carried by three wireless operators, versus just one.  Last year AT&T was the only carrier to sell the phone. But the previous generation of the smartphone, the iPhone 4, was the fastest-selling mobile in Apple's history, with...

London Heathrow Airport has topped the world’s busiest airport list (by international passengers) for the past 11 years, but the rank will certainly change when Beijing’s Daxing airport opens. Currently under construction, the new airport will be Beijing’s third airport -- after Beijing Capital International Airport and the semi-military Nanyuan Airport -- and will occupy a total of 54 square kilometers with nine runways. Due to be completed in 2015, Daxing airport is expected to handle 120 to 200 million passengers a year. That’s twice, or even three times, the capacity of Heathrow’s current annual passenger flow. The airport is planned only three years after the third terminal of Beijing Capital International Airport was put into operation. Designed to manage air traffic during the 2008 Olympic Games in Beijing, the terminal was then the world's largest airport building, with more floor space than all five Heathrow terminals combined. Even that is not enough to handle China’...

As "All My Children" fans get ready to say goodbye to the soap on September 23, they're also bidding farewell to "AMC" actress Mary Fickett, who has passed away. According to the New York Times, Fickett died Thursday at her home in Callao, Va., at the age of 83. Her daughter tells the Times the cause was complications from Alzheimer's. Fickett was one of the original cast members, and portrayed the outspoken nurse Ruth Martin from 1970-1995 and again from 1998-2000. In 1973, the character earned Fickett the first Emmy given to an actor for a daytime drama on the strength of a speech delivered against the Vietnam War. The network says in a statement that they're "very saddened to learn about the passing" of Fickett. "As we honor 'All My Children’s' 41 years on ABC, we cannot help but recognize and remember Mary’s wonderful depiction of Pine Valley’s revered Ruth," the statement continues. "Ruth’s marriage to chief ...

A passenger train rammed into a waiting train in southern India, killing nine people and leaving dozens injured, officials said Wednesday. The accident happened Tuesday at a stop sign in Tamil Nadu state. At least 60 passengers onboard the stationary train were injured, railway spokesman Anil Kumar Saxena said. Emergency crews have rescued all the survivors trapped in the wrecked carriages, he said. India's massive rail network, used by hundreds of thousands of passengers daily, has a poor safety record. Official figures show 100 train accidents occurred in India in the 2009-10 fiscal year and 115 in 2008-09.

Khairul Anam borne in a village of Bangladesh in the late of 1980s. Mr. Anam passed his early life in the village Khojarhut under the Sadar Upazila of Jessore, a south-west District of the country. He used to go to school every morning taking bath from a pond situated beside their house. He saw that farmers were cultivating paddy without any under-ground water at least two seasons of the total three seasons every year. People used to catch fish from the tiny river flowed beside their village. Meanwhile, Mr. Khairul passed his Primary and Secondary education during mid of the last decade of the last century. He looked change of environment of his society very consciously. The water flow of the river had been flowed for about unknown number of years came to totally plain field in the dry season during the first five years of the first decade of the new century.  Besides, the only pond where Mr. Anam used to take bath and catch fish with his father also has turned into a ...