International

• Thursday, February 17th 2011 - 22:50 UTC

  London beats New York, Tokyo and Paris as the leading shopping city

  

  London has beaten New York, Tokyo and Paris to become the world's highest grossing shopping city.
  The UK capital, which boasts more big-name stores than any other, had the highest retail sales last year, with shoppers spending £62.4billion.

• Thursday, February 17th 2011 - 01:18 UTC

  Argentina’s boost-industry import restrictions estimated in one billion US dollars

  

  Imports restrictions imposed this week by the Argentine government with the purpose of “preserving the re-industrialization process” cover approximately 200 products totalling annual imports of a billion US dollars, according to preliminary reports.

• Wednesday, February 16th 2011 - 22:34 UTC

  Trichet blames Euro-zone inflation spike on emerging economies rapid recovery

  

  The European Central Bank is not surrendering its price stability objective for crisis management policy, the bank's President Jean-Claude Trichet said. He also argued that the recent spike in Euro zone inflation is due to the current rapid economic recovery in emerging markets and not due to the currency bloc's sovereign debt crisis.

• Wednesday, February 16th 2011 - 22:30 UTC

  World’s largest mining company fearful of espionage from China and competitors

  

  Anglo Australian mining giant BHP Billiton chief executive Marius Kloppers confirmed reports that he is fearful of espionage from China, competitors like Rio Tinto and the Australian government, saying it is one reason why he lobbied furiously for short-term pricing of key commodities.

• Wednesday, February 16th 2011 - 19:25 UTC

  US Justice Department looking into Google’ plan to become hub of online travel

  

  Google wants to become the hub of online travel, promising better bargains and more convenience by melding the internet search leader's capability with the web's top airline-fare tracker, ITA Software.

• Wednesday, February 16th 2011 - 19:12 UTC

  The mobile phone is the new PC anticipates Google CEO Schmidt

  

  The mobile phone is the new PC, Google Chief Executive Eric Schmidt said this week at the Mobile World Congress in Barcelona, Spain.

• Wednesday, February 16th 2011 - 13:23 UTC

  Japan cuts short whaling season; Greenpeace says whale-meat market overstocked

  

  The Japanese whaling fleet has called an early end to its whaling season in Antarctica a move which conservationists tentatively say could spell an end to whaling in the Southern Ocean. But Greenpeace Japan said there were other reasons to halt “scientific whaling”.

• Wednesday, February 16th 2011 - 01:12 UTC

  Deutsche Bourse and NYSE Euronext become world’s largest exchange operator

  

  Deutsche Boerse and NYSE Euronext announced Tuesday the creation of the world's largest exchange operator. A key compromise is an agreement to headquarter the combined group in both New York and Frankfurt.

• Wednesday, February 16th 2011 - 00:39 UTC

  What about tasting some ‘Charlem’, Charleston engineered meat?

  

  Vladimir Mironov, a US biologist and tissue engineer at the Medical University of South Carolina, has been working to grow “cultured” meat for a decade, and is closer than ever to achieving his goal.

• Wednesday, February 16th 2011 - 00:37 UTC

  French conservatives attack IMF Strauss-Khan who is eyeing Sarkozy’s post

  

  France's economy minister Tuesday urged IMF chief Dominique Strauss-Kahn to stay at the global lender, as French conservatives sought to impede his potential bid for the French presidency next year.