Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
People
Biden appeals for US-China trust
US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.
LA Lakers amnesty Metta World Peace
Metta World Peace was released by the Los Angeles Lakers via the amnesty clause. "I don't really want to play for anybody," said Metta World Peace in an interview with ESPN Los Angeles.
Bernanke speech fuels stock market
After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.
China to hand over audit documents - Treasury Secretary
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
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ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
Utah Senator Orrin Hatch introduced a bill said to alleviate the underfunding problem of US pension funds.
Highbridge Capital Management has new CEO after its co-founder handed over the management reins to Scott Kapnick.
California-based Versant Ventures welcomes James V. Mazzo to its team. Versant Ventures, a Califonia-based venture capital firm, today welcomes the former CEO of Advanced Medical Optics to its team.
