IMF policy-setting body resolves to restore int’l financial stability »

The policy-setting physique of IMF pronounced upon Saturday which it will work "collaboratively" to revive general monetary stability.( full content retrieval unsuccessful) [...]
 

Economic woes sharply reduce mobility of Americans »

    WASHINGTON, April 23 (Xinhua) -- Due to economic woes like housing and jobs, Americans who changed residence in 2008 were reduced to 35.2 million, the lowest number since 1962, the U.S. Census Bureau has said.     Only 11.9 percent of Americans [...]
 

World Bank to invest $45 bln in infrastructure to speed crisis recovery »

    WASHINGTON, April 23 (Xinhua) -- The World Bank said on Thursday that it will increase infrastructure investments to 45 billion dollars over the next three years to provide the foundation for rapid recovery from the global economic crisis.     "Investments in [...]
 

Marriott Courtyard has its 800th hotel in Xujiahui, Shanghai »

The Grand Opening of Marriott’s 800th skill, a 364-room Courtyard by Marriott Road house in Xujiahui, Shanghai( seen here) has been distinguished in normal style. A downtown road house in Shanghai is a seventh Courtyard road house in China with [...]
 

IHG to add 100 properties in China within 4 years »

InterContinental Hotels Group PLC( IHG), a world’s largest road house association by series of bedrooms, skeleton to enhance a China portfolio with an additional 100 properties in a subsequent dual or 3 years, a Shanghai Daily reported.Gary Rosen, comparison clamp [...]
 

Britain warned of deeper economic downturn »

 Global Financial Crisis    by Rob Welham, Dongying Wang    LONDON, April 26 (Xinhua) -- Britain has been urged to take more forceful measures to salvage its ailing economy which is projected to fall much deeper than predicted.     A leading economic forecaster in London [...]
 

Former Facebook executive named MySpace CEO »

    SAN FRANCISCO, April 24 (Xinhua) -- News Corp. on Friday named Owen Van Natta, a former Facebook executive, as the new chief executive officer (CEO) of social networking website MySpace.     The appointment was effective immediately, News Corp., which owns MySpace, [...]
 

Wall Street trades higher despite weak economic data »

    NEW YORK, April 23 (Xinhua) -- Wall Street closed higher on Thursday as investors digested downbeat economic data and mixed earnings reports.     The U.S. Labor Department said on Thursday that initial claims for unemployment compensation rose to a seasonally adjusted [...]
 

British economy suffers deepest recession in 30 years »

    LONDON, April 24 (Xinhua) -- The British economy shrank 1.9 percent in the first quarter of 2009, which was much worse than expected and was the biggest quarterly decline in GDP since the third quarter of 1979.     The economy was [...]
 

Baidu under attack over “monopoly” »

    BEIJING, April 24 -- Baidu has been accused of abusing its dominant position online to "punish" a company that cut back spending on advertising with the Internet search engine.    Tangshan Renren Information Service Company (TRISC) Wednesday said Baidu had "monopolized the Chinese search [...]