Industry
Wal-Mart spearheads loan funding for Bangladeshi factory safety
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Another Asian financial crisis to hit in the next 12-18 months
A second financial crisis was predicted to hit Asia in the next 12 to 18 months that originated from the US after its Federal Reserve announced stimulus reduction.
Britain has growing competition between 4G network providers
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
US bank legal bills total USD103 billion
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
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The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
The National Dog Day was founded to encourage the adoption of shelter strays as pets. August 26 is National Dog Day. This celebration started back in 2004 in recognition of the high number of shelter pets that seek a good home.
Venus and Serena Williams led wins in the first day of the US Open, reminiscent of their success in previous years.
Mongolia would be replacing its 2012 law that puts limits on foreign ownership with a new measure that is more investor-friendly.
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.