Posts Tagged ‘US’

US economy shows faster growth at 2.5% in Q3

US economy shows faster growth at 2.5% in Q3

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The US economy expanded at the faster-than-expected pace of 2.5 per cent in the three months ended September, boosted by higher consumer spending and exports. The latest economic growth figure for the third quarter is substantially higher than the previous estimate of 2 per cent made last month. “Real gross domestic product... 

Wikileaks says next leak 7 times bigger

Wikileaks says next leak 7 times bigger

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London: WikiLeaks’ next release will be seven times the size of the Iraq war logs, already the biggest leak in US intelligence history, the website said on Monday. The organization made the announcement in a brief message posted to its followers on Twitter, giving no information about the content of the coming release... 

US dance troupe turns Golconda fort into a dance floor

US dance troupe turns Golconda fort into a dance floor

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Hyderabad: This afternoon, the Golconda Fort in Hyderabad will come alive with 15 dancers who will perform on the ramparts of the fort. This American dance form will use the occasion to focus attention on the rock formations in and around Hyderabad, which are fast getting cut. The Bandaloop dance company from the US, that... 

Sharp to take 3D phones into US, India and China

Sharp to take 3D phones into US, India and China

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Sharp has announced that its autostereoscopic 3D screen will be used in phones that will be arriving not only in Japan, but also the US, China and India. Although there is no mention of the UK, as yet, the decision to push a 3D phone outside of its home territory would appear to raise the chances of the technology making it... 

US continues to hunt for Osama

US continues to hunt for Osama

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WASHINGTON: The United States continues to hunt for Osama bin Laden, the most wanted terrorist of the world, a top Obama administration official has said. “We continue our hunt for and (have) interest in capturing Mr (Osama) bin Laden,” state department spokesman P J Crowley told reporters at his daily news conference. Crowley... 

China’s Tianhe-1A crowned supercomputer king

China’s Tianhe-1A crowned supercomputer king

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China’s Tianhe-1A supercomputer has been confirmed as the most powerful in the world. Confirmation came with the publication of the latest list of the Top 500 supercomputers on the planet. Tianhe-1A has a peak speed of 2.57 petaflops, far higher than the US XT5 Jaguar that can manage 1.76 petaflops. The list also reveals... 

Wal-Mart profits rise despite weak US sales

Wal-Mart profits rise despite weak US sales

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The world’s biggest retailer, Wal-Mart, has reported a 9% rise in profits thanks to strong sales overseas. Profit in the third quarter rose to $3.44bn (£2.15bn) compared with $3.15bn for the same period last year. Sales in the US fell for the sixth month in a row as American shoppers continued to feel under pressure. However,... 

Bout extradition: Russia criticises US pressure

Bout extradition: Russia criticises US pressure

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Russia has described as a “blatant injustice” Thailand’s decision to extradite alleged Russian arms dealer Viktor Bout to the US to face charges of conspiring to sell weapons. Russian Foreign Minister Sergei Lavrov said it was the result of unprecedented American pressure on Thailand. Mr Bout was flown out... 

Sanjay Jha among top-paid CEOs of US

Sanjay Jha among top-paid CEOs of US

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WASHINGTON: PepsiCo’s Indra Nooyi, Motorola’s Sanjay Kumar Jha and Citigroup’s Vikram Pandit are the three Indian-Americans among US’ highest paid CEOs listed by Wall Street Journal. Nooyi is ranked 67th with a total pay package of $13.97 million, Jha bagged the 377th spot with a total compensation of... 

US retail sales show the strongest gain in 7 months

US retail sales show the strongest gain in 7 months

15
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Sales at US retailers have risen by a better-than-expected 1.2% in October, government figures show. Retail sales rose at their fastest rate since March, the Commerce Department said, with a 5% surge in vehicle sales leading the increase. Sales of building equipment and garden equipment were also strongly higher, up by 1.9%... 

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