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  • EU unveils bank restructuring ‘guidelines’

    23/07/2009 05:00

    The European Commission said on Thursday that it would take account of the financial crisis when assessing bank restructuring plans but warned that banks would have to make sacrifices. The approach was outlined by the commission, which polices...

  • Biden: U.S. supports Georgia in multiple ways

    Biden: U.S. supports Georgia in multiple ways

    23/07/2009 05:00

    The United States regards Georgia as an important strategic partner, and will continue to safeguard its security and support its economic development and diplomatic reform, said visiting U.S. Vice President Joe Biden here on Thursday. U.S. Vice...

  • China outlines plans on health care reform in 2009

    China outlines plans on health care reform in 2009

    23/07/2009 05:00

    China’s State Council Thursday issued a medical reform plan of 2009, as its first year’s move of the three-year health care reform. The plan called for acceleration in building basic medical insurance system and essential drug system, and promotion...

  • Whitney Houston previews her new CD

    Whitney Houston previews her new CD

    23/07/2009 05:00

    Whitney Houston says her daughter’s support helped fuel her as she geared up for her comeback record. Whitney Houston performs at the 2009 Grammy Salute to Industry Icons event, honoring Clive Davis in Beverly Hills, California February 7,...

  • Science publishers offer journals for free to poorest countries

    23/07/2009 05:00

    Science and technology journal publishers have agreed to offer free access to their journals to academics in the world’s poorest countries, the World Intellectual Property Organization said Thursday. Twelve publishers including the Oxford...

  • State construction raises $7.3 billion in China IPO

    State construction raises $7.3 billion in China IPO

    23/07/2009 05:00

    A worker fixes scaffolding on a Beijing construction site. China State Construction Engineering Corp., the nation’s largest housing contractor, raised 50.16 billion yuan (US$7.3 billion) in Shanghai in the...

  • De Beers sales fall most since 1974 on gem demand

    De Beers sales fall most since 1974 on gem demand

    23/07/2009 05:00

    Shoppers browse the window display of a De Beers store in London, UK, on May 19, 2009. De Beers, the world’s largest diamond company, posted the biggest drop in sales of unpolished and uncut gems since at...

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