The UAE railway network's first phase has been completed. The first phase of the multi-billion dollar rail network for UAE is acheduled for inauguration for the end of 2013.
Investors
Greek PM says economic pain will ease next year
Greek Prime Minister announced on Saturday that the country would return to growth next year as its would exit recession.
European leaders meet in G20 summit
European leaders had found a place to breathe their economic struggles in the G20 summit where the region's debt crisis had been on the top agenda.
Detroit lawyers filed bankruptcy protection
Detroit attorneys filed their case in the US Bankruptcy Court in Detroit last Friday for the city's request for bankruptcy protection.
Hutchison fears Courtney Stodden’s independence inside Celebrity Big Brother
The 53 year old American Actor Dough Hutchison was reported to be "freaking out" after his teenage wife became too independent from him while inside the Celebrity Big Brother house.
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Reuters columnist James Saft wrote in his latest column that a reform change, and not a new central bank governor, could help the falling rupee and the Indian economy.
Two top US Federal Reserve officials said last Wednesday that they were open-minded in implementing the proposed stimulus reduction this month.
Reserve Bank of Australia's (RBA) statement on its national currency prompted an opposite reaction to the Aussie dollar and borrowing rates.
The sale of speculative-grade bonds surged in the US this year. The sales of junk bonds in the US surged this year. Investors bought the bonds as it had been giving better returns than investment-grade securities for seven straight months.
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.
US jobs and service sector data indicated Thursday that the US Federal Reserve would be slowing its bond buying program down soon.
Fans of wearable devices said there is a huge market potential for the smartwatch. According to Reuters, a smartwatch is a device that could be revolutionary like the smartphone.
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
