NC-based Cree plans to add 575 more jobs by 2013 as demand for efficient lighting expandsOctober 8th, 2009 NC LED-maker Cree to add 575 jobs in next 3 yearsDURHAM, N.C. — A North Carolina-based maker of energy-efficient lighting elements is expanding and plans to add 575 jobs in the next three years.
Oh, the horror: University of Florida zombie response exercise stripped from Web siteOctober 2nd, 2009 No joke: UF officials remove zombie plan from siteGAINESVILLE, Fla. — The University of Florida's response plans for a zombie apocalypse are no longer available for public consumption.
NY feds: Investment banker faked documents to get $74 million Citibank loanAugust 25th, 2009 NY prosecutors accuse investment banker of fraudNEW YORK — Federal authorities in New York have arrested an investment banker on charges he lied to Citibank to get a $74 million loan. Prosecutors accused Hassan Nemazee on Tuesday of giving Citibank documents showing he owned millions of dollars in collateral.
More than 3 years in prison for ex-Swiss banker who became key US tax evasion witnessAugust 21st, 2009 Ex-UBS banker gets more than 3 years in prisonFORT LAUDERDALE, Fla. — A former banker with Switzerland's UBS AG is sentenced to more than three years in prison after becoming a key government informant in an international tax evasion probe.
Chavez: Venezuela to strengthen ties with Russia, China as US makes inroads in Latin AmericaAugust 16th, 2009 Chavez: Venezuela to strengthen ties with alliesCARACAS, Venezuela — President Hugo Chavez says Venezuela's ties with nations like Russia and China have gained importance as the U.S. moves to expand its military presence in Latin America.
India, China in talks to monitor Himalayan glaciersAugust 3rd, 2009 NEW DELHI - Setting aside speculation about strains in bilateral ties, India has said it is engaged in talks with China to monitor the glaciers in the Himalayas, a strategic border region, and plans to collaborate in climate change negotiations. "We are talking to the Chinese about monitoring the Himalayan glaciers," Minister for State for Environment and Forests Jairam Ramesh told Britain's Financial Times.
US has no plans to meet with North Korea at ASEAN meeting next weekJuly 15th, 2009 US: No plans to meet with NKorea at ASEAN meetingWASHINGTON — The United States says it has no plans to meet with North Korean officials at a summit in Thailand next week. Deputy Assistant Secretary of State Scot Marciel told reporters Wednesday there will probably not be a meeting of the five nations pushing North Korea to abandon its nuclear weapons programs.
Dollar up against euro, yen after China central banker says exchange policy 'stable'June 29th, 2009 Dollar up after China says reserve policy 'stable'BEIJING — The dollar gained against the yen and euro on global markets Monday after China's chief central banker said there will be no sudden changes in its policy on foreign exchange reserves. "Our foreign exchange reserve policy is always quite stable.
Air India employees to get salary July 3 without cutsJune 29th, 2009 NEW DELHI - Yielding to pressure from its employees, cash-strapped national carrier Air India Monday decided to give them their June salary July 3, instead of July 15 it decided earlier. "The management has told us that we would get our salaries on July 3.
Air India staff plans nationwide stir to protest salary delayJune 17th, 2009 NEW DELHI - Air India employees will stage demonstrations at airports across the country June 19 and sport black badges for three days to protest the company's decision to delay their salaries, a labour union official said Wednesday. We will organise a daylong meeting across airports on June 19 and will wear black badges for three days starting June 22," said Air Corporation Employees' Union (ACEU) general secretary J.B.
Reports: GM recovery plan calls for exporting China-built cars to US by 2011May 13th, 2009 Reports: GM to export China-built cars to USSHANGHAI — General Motors Corp. plans to begin exports of vehicles made in China to the United States within two years, ramping up sales to more than 50,000 by 2014, reports said Wednesday.
Sotheby's announces reduction in global work force, salary cuts due to economic downturnApril 29th, 2009 Sotheby's plans 5 pct cut in work forceNEW YORK — Sotheby's Inc. says the economic slowdown is forcing the auction house to slash its global work force by another 5 percent.
China plans to build 20 dams along Yangtze to harness river's hydropowerApril 21st, 2009 China to build 20 hydro dams on Yangtze RiverBEIJING — China plans to build more than 20 dams along the country's longest river by 2020 as part of a plan to further develop the Yangtze River's hydropower, an official said Tuesday. The river already has the world's largest hydroelectric project, the Three Gorges Dam.
China to launch 15 to 16 satellites in 2009: OfficialMarch 9th, 2009 BEIJING - China plans to launch 15 to 16 satellites this year, an official said here Monday. 'Though the global financial crisis is taking a toll on the world economy, it has no impact on China's space programmes,' said Zhang Jianqi, deputy chief commander of the manned space project.
China sacks top banker for briberyFebruary 3rd, 2009 BEIJING - China has sacked a top official of the state-run China Development Bank on corruption charges, officials said Wednesday. Wang Yi, vice president of the bank and a member of the Communist Party of China (CPC), was sacked for 'severe violation of disciplines and the law', the disciplinary commission of the CPC, said.
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