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Virgin Galactic's SpaceShip Two makes record flight
The highest altitude and the greatest speed was achieved by Virgin Galactic's SpaceShip Two. SpaceShip Two of Virgin Galactic reached record speeds and altitude in tests just before it starts its plan of manned flight to space with passengers by next year.
Foreign firms in China strengthen compliance as investigations continue
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
Cancel Egypt aid or US loses billions - Pentagon official
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
Telecom Italia Director advises consolidation for European telecoms market
In an interview, Gabriele Galateri, Telecom Italia's director, sees the need for the consolidation of the European telecommunications industry.