MercoPress. South Atlantic News Agency
Stories for March 3rd 2010
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Wednesday, March 3rd 2010 - 06:39 UTC
Russian billionaire looses 53 million USD deposit on villa purchase
Russian billionaire Mikhail Prokhorov lost 53 million US dollars deposit on a 530 million USD villa in southern France after a court ruled Tuesday that he failed to complete the purchase.
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Wednesday, March 3rd 2010 - 06:37 UTC
China dependent Australia raised interest rate 25 points to 4%
Australia's central bank raised interest rates on Tuesday for the fourth time since October, as it seeks to cool its growing economy. The increase, to 4% from 3.75%, was widely expected by economists.
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Wednesday, March 3rd 2010 - 06:31 UTC
Canada leaves rates unchanged at 0.25% in spite of robust 5% growth
The Bank of Canada took its first steps Tuesday toward returning the country to more normal interest-rate levels by signalling a more hawkish tone on inflation and acknowledging the economy is performing better than expected on “vigorous” consumer demand.
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Wednesday, March 3rd 2010 - 06:23 UTC
Ford Motor becomes tops US sales ahead of GM and Toyota
Ford Motor overtook rival General Motors in US sales on Tuesday as Toyota faltered amid a series of mass recalls and a congressional investigation into its safety standards. Toyota reported an 8.7% drop in February US sales to 100,027 vehicles, while the overall industry was expected to perform significantly better than depressed year-ago levels.
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Wednesday, March 3rd 2010 - 06:16 UTC
Moon’s North Pole packed with ice revives hopes of human colonization
New analysis of scientific data from a NASA instrument aboard the 2008 Indian moon mission Chandrayaan-1 has detected more than 40 ice-filled craters in the lunar North Pole, reviving hopes for colonization of the moon by humans in future.
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Wednesday, March 3rd 2010 - 06:12 UTC
Chile appeals for calm, deploys 14.000 troops in destroyed city
Chile's president appealed on Tuesday for calm in the earthquake-ravaged city of Concepcion, vowing a stern response to any renewal of looting and violence. Michelle Bachelet said 14,000 troops are now in the region, after dozens of looters were arrested.
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Wednesday, March 3rd 2010 - 06:04 UTC
Real Madrid and Barcelona the world’s richest soccer teams
According to this year’s “Football Money League” report from Deloitte, some soccer clubs — such as British teams Arsenal and Chelsea, specifically — are falling down on the job when it comes to pricing their exposure with sponsors. The annual report ranks and analyzes international teams by their revenues, and breaks out sponsorship and advertising income.
