World Business News
China this week reached a milestone in its drive to master the military use of space with the launch of trials for its Beidou satellite global positioning network, a move that will bring it one step closer to matching U.S. space capabilities.
Turkey has given permission for the South Stream gas pipeline to be built across its territories, giving the project a clear run into the lucrative energy markets of Europe.
Dubai: The UAE's economic recovery is gaining strength, supported by a favourable global environment but "subject to increased regional uncertainty", the International Monetary Fund (IMF) said on Monday.
Dubai: Radioactive-tainted milk, tap water and spinach discovered in tsunami-crippled Japan may spawn fears that Japanese electronic products such as mobile phones, television sets and computers shipped abroad could also be contaminated.
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