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  dry field duri

The decisive victory by Yingluck Shinawatra and her Pheu Thai party was "a very strong punch in the gut" to Thailand's ruling elite and will in fact lend the country some stability for now, said one political observer of Thailand. The new reality for Thailand is that Yingluck's brother Thaksin, the former prime minister who was ousted in a 2006 coup, remains extremely popular, and that fighting the electoral will would be dangerous, said Roberto Herrera-Lim, a director at Eurasia Group, a political risk research and consulting firm. In a strong message to those who would consider being a turncoat to Yingluck's party, former Thaksin supporters who had defected in 2007 and enabled Prime Minister Abhisit Vejjajiva's rise to prime minister, lost in Sunday elections, Herrera-Lim pointed out. The ensuing months will also be a time for the military to reassess strategy, to assess whether the pro-Yingluck sentiment is a temporary development or not, he added. Yin

UK oil giant BP and Indian company Reliance Industries have announced a "transformational" strategic oil and gas partnership in India.The deal is expected to result in a total combined investment in India of $20bn, according to the companies' joint statement. The companies will form a 50:50 joint venture for sourcing and marketing energy in India. The deal gives BP a 30% stake in 23 oil and gas blocks owned by its new partner including 19 off India's east coast. In return, the UK firm will pay $7.2bn (£4.4bn), plus up to a further $1.8bn in future performance-related payments. "This is a clear reflection of the way in which believe that the energy industry is developing," said BP's chairman, Carl-Henrik Svanberg. He said that the company predicted global energy consumption would rise by 40% between now and 2030 , with most of the growth coming from emerging markets such as India. "This has huge significance for India's economic devel

Two executives at Alibaba, China's largest e-commerce group, have resigned after a rise in fraudulent sales. The firm said an internal investigation had discovered more than 1,000 fraud cases in both 2009 and 2010. The pair, chief executive David Wei Zhe and chief operating officer Elvis Lee Shi-Huei, were not involved in the frauds but were taking responsibility for a "systemic breakdown". The company has paid out $1.7m (£1.1m) as a result of the claims. Most trades involved offering popular consumer electronics at bargain prices with a low minimum order value to entice buyers, Alibaba said in a statement. The average value of the fraudulent claims was less than $1,200. Alibaba's chairman and founder, Jack Ma, said the company had picked up a spike in the number of fraudulent transactions conducted on its site by so-called China Gold Suppliers members. These members undergo more rigorous checks on their reliability and are supposed to be the most trustworthy

Brent crude had jumped 2.6% by late afternoon to $105.2 a barrel, its highest level since before the 2008 financial crisis. European energy companies are evacuating some staff from the country, which is a major oil and gas producer for the European market. Sources said, the price of oil has risen in response to the ongoing turmoil in Libya for last five days. Meanwhile shares in Italian oil firm ENI - which is active in Libya - ended Monday trading 5.1% lower. The Italian company said on Monday that its operations were unaffected by the violence. Italy buys about one-third of Libya's oil and gas exports, making it the country's biggest customer by far. ENI has been buying gas from Libya for decades, and is at the centre of a close political relationship between the two countries, according to one analyst. In 2008-09, the Libyan government had considered buying an up-to- 10% stake in ENI , although the investment did not go ahead. Some 13% of the company's reven

Human Rights Watch says at least 233 people have been killed in Libya since last Thursday, 17 February 2011 in the the ongoing protest against Colonel Muammar Gaddafi's rule in the country. The US, UK and French governments are among those condemning the harsh treatment of protesters. But Italy, the former colonial power in Libya, has close business links to Tripoli and voiced alarm at the prospect of the Gaddafi government collapsing. "Would you imagine to have an Islamic Arab Emirate at the borders of Europe? This would be a very serious threat," said Foreign Minister Franco Frattini. The head of the Arab League, Amr Moussa, described the protesters' demands as legitimate, calling it a "decisive moment in history" for Arab nations.

Culture and Heritage in Bangladesh: Bangladesh a very enriched country in culture and life style. Bangladesh has an history of more than 1700 years. Peoples from different corners of the world like Persian, England, Dutch, Arab, Saudi Arabia, Iran came here for the eras and they started also to live here with local people. However, with the combination of all it has got a mixed human culture and practice. They have many establishments bearing the sign of aristocracy of the country since early of Christian era.

Tourism in Bangladesh: Natural beauty in Bangladesh like the scenery of Cox's Bazar for longest sea beach of the world, beauty of Bandarban for safe Hill Tracts, forests, species, water fall etc., Beauty of Rangamati like Captai lake, hills, indigenous people etc. and the beauty of Sundarban, the largest mangrove forest of the world. Royal Bengal Tiger, the lone species of tiger available here famous in the world and also part of world heritage.

Beautiful bangladesh You can take a glimpse here on Bangladesh. The natural beauty and peoples achievent have made the country very delighted one. You may make your life enjoyable just moving on here from Dhaka to Chittagong and then extending your journey to Cox's Bazar. Another very attractive site is the Sundarban. Courtesy: Tourism Department, Bangladesh

Members of Border Security Force (BSF), Indian border guards, have killed a Bangladeshi Businessman through electric shock at Putkhali Border of Benapole under Sharsha Upazila of Jessore District of Bangladesh in the night on 16 February 2011. The deceased was identified as Mr. Israfil is aged 30, son of Mr. Abdul Momin of Shyamalgachhi Village under Sharsha Upazila of Jessore. In Charge of Putkhali Camp of Border Guard Bangladesh (BGB) Mr. Emdad Hosain has confirmed the incident of killing of a Bangladeshi by BSF. Sources said, BSF threw the body of the ill fated Bangladeshi into Isamati River after torturing mercilessly and his fellow men rushed him to Bagachhra Clinic where doctors declare Israfil as dead.

Have you ever seen the amazing and aesthetic beauty of Bangladesh !  It is the high time. You can just book a modern suit here just on the sea shore and get the touch the live sea in your heart . It is true you can make a game even with sea . Really unbelievable but you may happen it here in Cox's Bazar. What a beautiful Bangladesh is! What a charming is its rivers embraces with eye sweetening sights in the the agricultural fields over the 1,47,570 Square Kilometer of land. W orld's longest sea beach is here in Cox's Bazar , the southernmost district of the country. It seems that the Almighty Creator has bestowed all of His blessings to this nation comprises 16 million people. The Cox's Bazar Sea seashore is 120 KM in length also known as 155 KM long sometimes. Starting from Cox's Bazar District Town it is expanded its way to Badar Mokam, name of a local place. Hundreds of Thousands of travelers and tourists from 200 countries of the world throng into the

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Nokia has joined forces with Microsoft in an attempt to regain ground lost to the iPhone and Android-based devices. The deal will see Nokia use the Windows phone operating system for its smartphones, the company said. It means that Nokia's existing operating systems will be sidelined. Speaking at the launch of the partnership, Nokia's chief executive Stephen Elop revealed that there would be "substantial" job losses as a result of the tie-up. Nokia will remain "first and foremost...a Finnish company. Finland is our home and will remain our home," he said. But job losses around the world, including in Finland, will be inevitable, he added. Speaking about the new partnership with Microsoft, Mr Elop said that "the game has changed from a battle of devices to a war of ecosystems". "An ecosystem with Microsoft and Nokia has unrivalled scale around the globe," he said. Microsoft's chief executive Steve Ballmer was also present at t

Peoples celebrating after Mubarak resigned on 11th February 2011, the 18th day of protest by the millions of people in the country.  Peoples are celebrating in the Tahrir Square (Independence Ground) at the heart of Capital city Cairo in Egypt today after stepping down of President Hosni Mubarak. The 18 days bloody and sacrificial fight was against autocracy on behalf of democracy. How precious democracy is! The celebration marking the fact at the highest level.

President Hosni Mubarak has step down at this evening today on 18th day of non-stop protests against him. Protesters from all walk of life in the country headed to the street in the capital city and other cities of the country to press home their one point demand of removing the 30 years power holding President Mr. Mubarak. Meanwhile, Mr. Hosni Mubarak declared yesterday that he will cling to the power till September this year and will not compete in the next general election. This declaration from Mubarak led to the more protests in the country today. Finally, Vice President Mr. Omar Suleiman announced today in this evening that Mr. Mohammad Hosni Mubarak has decided to leave power and handed over the State Affairs Administration to the Supreme Armed Forces of the country.    

Fight for Democracy in Egypt has been advancing ahead! Will Egyptians will get their long awaited democracy or another general is going to capture power here? The answer is very easy as the power is already handed over to Military Forces of the country. The outrage came out when the declaration in a televised statement by President Hosni Mubarak told that he would not step down before September this year.

In an announcement on state TV, Vice-President Omar Suleiman said Mr Hosi Mubarak had handed power to the military. It came as thousands massed in Cairo and other Egyptian cities for an 18th day of protest to demand Mr Mubarak's resignation. Protesters responded by cheering, waving flags, embracing and sounding car horns. "The people have brought down the regime," they chanted. Mr Suleiman said Mr Mubarak had handed power to the high command of the armed forces. "In the name of God the merciful, the compassionate, citizens, during these very difficult circumstances Egypt is going through, President Hosni Mubarak has decided to step down from the office of president of the republic and has charged the high council of the armed forces to administer the affairs of the country," he said. "May God help everybody." Mr Mubarak has already left Cairo and is in the Red Sea resort of Sharm el-Sheikh where he has a residence, officials say. In Cairo, thou

Local administration has declared all the 117 schools of Hatibandha upazila under Lalmonirhat District of Bangladesh closed for six days from Saturday to control the spread of unknown disease, sources said. Meanwhile 24 people died where most of them are children beginning from 31st January 2011 in the two districts of the country-Lalmonirhat and Rangpur.   Locals said the sign of the disease is very high fever which is going out of control and the patients embrace death. 

Is it Nipah encephalitis? It is not sure till now as the death toll is out of control from the disease which has been continuing for the last six days beginning on 31 January 2011 in Bangladesh, local sources said. The first case of death was happened at Hatibandha upazila of Lalmonirhat district on Monday last (31st  January 2011 ). The deceased were identified as Sabina, 3, daughter of Mokbul Hossain of Saniazan Char village, Sajjad Hossain, 3, son of Belal Hossain of Tongvanga village, Rajjak Miah, 32, son of Abbas Ali of Genduguri village under Hatibandha upazila, and Aronno Ghos, 8, son of Ashok Ghos of 'bus stand' area of Hatibandha town. As the symbol of the disease locals said, with high fever, they were taken to Hatibandha upazila health complex where Sabina died on Monday night. The patient gets high fever ranging from 103 to 104 degrees Fahrenheit and it has no treatment except symptom management, IEDCR sources said. More eight people died on 2nd February 2011. O

Employment probably shifted into a higher rate in January to post a fourth straight month of gains , offering more evidence of a broadening economic recovery in United States of America (USA), though the jobless rate likely rose. The government is expected to report on Friday that nonfarm payrolls grew 145,000 , according to a Reuters survey, after adding 103,000 in December. But severe snow storms that slammed large parts of the nation could result in a much lower figure. All of the anticipated job gains are expected to have been generated by the private sector and would add to other data suggesting that the manufacturing-driven recovery is now spreading to other sectors of the economy. The Labor Department will release its closely watched employment report at 8:30 a.m. ET. " All the signals are pointing to a much improved labor market compared with last year and a strong payrolls report would be a nice confirmation that things are certainly headed in the right directi

The whistle blowing and anti-secrecy website WikiLeaks has been nominated for the 2011 Nobel Peace Prize, the Norwegian politician behind the proposal said on Wednesday, a day after the deadline for nominations expired. The Norwegian Nobel Committee accepts nominations for what many consider as the world's top accolade until February 1, although the five panel members have until the end of the month to make their own proposals. Norwegian parliamentarian Snorre Valen said WikiLeaks was "one of the most important contributors to freedom of speech and transparency" in the 21st century. "By disclosing information about corruption, human rights abuses and war crimes, WikiLeaks is a natural contender for the Nobel Peace Prize," Valen said. Members of all national parliaments, professors of law or political science and previous winners are among those allowed to make nominations. The committee declined to comment on the WikiLeaks proposal or any other nominations.

Yemeni President Ali Abdullah Saleh has said he will not seek to extend his presidency when his current term expires in 2013. Mr Saleh, who has been in power for three decades, also pledged that he would not pass on power to his son. He spoke to parliament ahead of a rally in the capital on Thursday which, echoing protests in Tunisia and Egypt, has been dubbed a "day of rage". Mr Saleh came to power as president of North Yemen in 1978. When the country was united with South Yemen in 1990 he became president of the new republic. Speaking during an emergency session of the country's parliament and the consultative council on Wednesday, Mr Saleh laid out his plans to move aside. "No extension, no inheritance, no resetting the clock," he said. "I present these concessions in the interests of the country. The interests of the country come before our personal interests." He also called on the opposition to "freeze all planned protests, rallies

Clashes have erupted in the Egyptian capital between supporters of President Hosni Mubarak and demonstrators calling on him to step down immediately. Rival groups of protesters are fighting pitched battles in and around Cairo's Tahrir Square. Many people have been wounded and shots have been heard. Earlier, the army urged people to return home after nine days of anti-government demonstrations. Mr Mubarak has pledged he will not stand for re-election in September. On Tuesday, hundreds of thousands had protested across the country against Mr Mubarak, the culmination of more than a week of demonstrations that have left about 300 people dead according to UN estimates.

A thick stench fills the air, there is no proper sewage system in the South African township of Themba Khoza - heavy floods have destroyed all the make-shift drains and bacteria infected water is flowing through the tiny pathways between the shacks. Eight of the country's nine provinces have been declared disaster areas after floods killed more than 120 people. Residents of the informal settlement north of Johannesburg are bracing themselves for more floods. The settlement is home to more than 2,000 people - many of the houses here are built near a river, the Kaalfontein. The river burst its banks last week, flooding many shacks in the process. Tharafosa Molapo, 92, is hard at work, trying to build a sand barrier around his home. The old man is frail but he says he needs to do this to prevent further damage to the home he shares with his wife. "We cannot sleep when it is rains, because we need to remove the water from our houses," he says. "I have been up f

Most of its residents left, the school closed, the city government was disbanded and starting this week nearly every commercial building in Picher, Oklahoma, will be demolished. But the owner of the last-remaining open business in Picher, which has been vacated over the years because of lead contamination, is not ready to go. "It's not time for me to leave yet," said Gary Linderman, owner of Old Miner's Pharmacy in what is left of central Picher, located in the northeast corner of the state. "I have an obligation to people. We are all creatures of habit and closing might throw them off." In addition to providing prescriptions, the pharmacy is the only place left in town to buy snack food, beverages, over-the-counter medicine and other necessities. Linderman declined a buyout from the federal government, which declared Picher a hazardous waste site in 1981 and has bought out about 900 homeowners and businesses. Crews demolished a funeral home, restaurant

Egypt riot hits the world's political and social thinking specially. Whether the controlled democracy will continue in the Middle East and Africa in the future. The riot began on January 25, 2011 which is the massive blow against the regime of President Hosni Mubarak in his 30 years of ruling of the country Egypt.

Egypt President Hosni Mubarak addressed for the nation on Friday night (January 28, 2011) to calm down the volatility continues in the coumtry demanding his resignation. The massive protest programme against Mubarak began on January 25, 2011 demanding resignation of Egypt President Mubarak and change in the political system of the country.

Video of Protest against misrule of Egyptian Leader Hosni Mubarak:   Hosni Mubarak faces the toughest time in 30 years of leading the Egypt. Overall situation is giving a message that a change is coming forward in the ruling system of total Africa continent. We assume the change will effort positively to the development of the continent in education, good governance and democracy finally.

Egypt President Hosni Mubarak   dismissed his government on Friday and said a new cabinet would be announced on Saturday. Mr. Mubarak also defended the role of Egypt's security forces in suppressing anti-government protests which have rocked the country. It was his first statement since the protests - in which at least 26 have died with hundreds injured - began. Tens of thousands took part in protests in Cairo, Suez, Alexandria and other cities. Protesters set fire to the headquarters of the governing NDP party and besieged state TV and the foreign ministry . At least 13 people were killed in Suez on Friday, while in Cairo, five people died, according to medical sources. That brings the death toll to at least 26 since the protests began on Tuesday. "I have asked the government to present its resignation today (Friday)," Mr Mubarak said, adding that he would appoint a new government on Saturday. He also said he understood the protesters' grievances but that

Sudan's President Omar Hassan al-Bashir on Tuesday pledged support for a new southern state in his first public address since the south of the country voted overwhelmingly to split from the north. Early results from this month's referendum indicate almost 99 percent of southerners voted to secede after decades of civil war which claimed 2 million lives and destabilized much of east Africa. Bashir had campaigned for unity and many feared the north would not let the oil-producing south go without a fight. "Secession has become a reality -- 99 percent of southerners chose separation but we will not be sad ... we will go to the south and celebrate with them," Bashir told supporters during a visit to the northern River Nile state. "We will support the new southern state and will hold onto its stability because we are neighbors and will remain friends," he added. While oil was a factor behind the north-south war which ended with a wealth and power-sharing agr