Economy & Business
China unveils fresh double-digit defense spending boost
China has announced another double-digit increase in defense spending, amid regional worries about its growing military assertiveness.World Bank holds up Uganda loan over anti-gay law
The World Bank on Thursday said it postponed a $90 million loan to Uganda\'s health system over a law that toughened punishment ...US penalizes Asiana Airlines over crash
U.S. regulators are fining South Korea\'s Asiana Airlines $500,000 for failing to adequately help the families of passengers involved in a fatal ...Facebook to buy WhatsApp for $19 billion
Facebook Inc. (FB), the world\'s largest social network, agreed to acquire mobile-messaging startup WhatsApp Inc. for as much as $19 billion in ...Two biggest US cable companies to merge
The two biggest U.S. cable communications operators are merging.Police, protesters clash in Rio over fare hike
Hundreds of protesters in Brazil have clashed with police in the main transport station of Rio de Janiero, protesting a sizable hike ...US employers add 113,000 jobs as unemployment drops
Unemployment in the United States dropped slightly in January, falling one-tenth of a percent to 6.6 percent.Israel approves 550 new settlement homes in East Jerusalem
Israel has approved plans for more than 550 new homes in three settlement neighbourhoods of occupied East Jerusalem.Corruption costs EU $162bn each year, report says
Corruption affects all 28 member countries of the European Union and costs their economies about $162.19bn (120bn Euros) a year, according to ...Asia stocks struggle following US Fed decision
Asian stocks were down Thursday following the United States central bank\'s decision to further trim its stimulus of the world\'s biggest economy.
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