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Sina Weibo: Profits at ‘China’s twitter’ Surge

Sina Weibo: Profits at ‘China’s twitter’ Surge

China’s largest Twitter-like site, Weibo, has raked in profits worth millions for the owner Sina Corp. It reported a net profit of $44.5m in the October-to-December period, from $2.4m a year ago. The figures come amidst reports that Sina is planning to list Weibo in the US and to raise nearly $500m by selling Weibo […]

February 22, 2011
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Over 1,000 Held for Baby Trafficking In China

Over 1,000 Held for Baby Trafficking In China

Chinese police detained 1094 people and rescued 382 babies in major crackdown on child traffickers, the Ministry of Public Security said. The detainees are accused of trading babies by establishing illegal online platforms and shops under the name of adoption for child-less parents or re-homing centres. Child trafficking has emerged as threat in recent years […]

February 22, 2011
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UAE Moots Star Rating in Service Sectors

UAE Moots Star Rating in Service Sectors

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has unveiled star rating system for all service centers and federal institutions. He asserted that the new system would generate true leaders. The classification of these centers would vary from two to seven stars, according […]

February 22, 2011
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Putin not for an Immediate War

Putin not for an Immediate War

Russian President Vladimir Putin on Tuesday assured that it doesn’t have plans to seize eastern Ukraine, for the time being. The decision was welcomed with immense relief by the global markets and the White House. For the US and its European allies, the next matter in question would be Russia’s occupation of the Crimean Peninsula. […]

February 21, 2011
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Fast Track UK Citizenship Available For £2.5 Million

Fast Track UK Citizenship Available For £2.5 Million

Britain’s Migration Advisory Committee (MAC) has proposed the auctioning of hundred “premium” UK visas to wealthy foreigners helping them gain fast track citizenship and right to settle in Britain. According to the proposal, foreign millionaired should be allowed to submit sealed bids to win residence visas for Britain. They would have to pay a minimum […]

February 21, 2011
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Iran Nuclear Deal: Talks Prove Elusive

Iran Nuclear Deal: Talks Prove Elusive

Iran’s significant nuclear deal with the P5+1 world powers, the United States, Britain, France, China, Russia and Germany, reached nowhere after hours of intense discussions and negotiations late into Saturday night. The talks, between Iranian Foreign Minister Mohammad Javad Zarif and P5+1 chief negotiator Catherine Ashton, are aimed at curbing Iran’s nuclear program in return […]

February 20, 2011
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Scrap Workers Cut Into Live WW II Bomb, Explosion Kills Seven

Scrap Workers Cut Into Live WW II Bomb, Explosion Kills Seven

A suspected world war II-era aerial bomb accidently exploded in a scrapyard in Bangkok’s Lad Prao district on Wednesday, killing seven people and injuring nineteen when the workers tried to cut into it with a blowtorch. The bomb with the origin unknown and weighing 225 kg and 3 ft (1 m) long was discovered at […]

February 20, 2011
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Middle-East Peace Talks: Israel Refuses to Release Palestinian Prisoners

Middle-East Peace Talks: Israel Refuses to Release Palestinian Prisoners

Israel has called off the release of Palestinian prisoners worsening the crisis in the US –led peace talks. The latest announcement in response to Palestine’s resumption of a campaign for the UN recognition of the state has further delayed US Secretary of State, John Kerry’s goal of extending the negotiations past a late April deadline. […]

February 20, 2011
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Buy-One-Get-One-Free Offers ‘Should Be Scrapped To Cut Food Waste’

Buy-One-Get-One-Free Offers ‘Should Be Scrapped To Cut Food Waste’

House of Lords committee has asked the supermarkets to stop offers like “buy one get one free” to help end the “morally repugnant” waste of millions of tons of food. The Lords European Union committee said big retailers should stop cancelling orders of food from farmers after the produce had been grown, a practice that […]

February 20, 2011
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Writer-Environmentalist Peter Matthiessen Dies

Writer-Environmentalist Peter Matthiessen Dies

American novelist-environmentalist Peter Matthiessen died at a New York hospital following leukemia. He was eighty six. Matthiessen’s publisher said the author had been diagnosed with leukemia and had been ill “for some months”. Born in New York in 1927 into a wealthy family, Matthiessen co-founded the literary journal The Paris Review along the fellow writer-adventurer […]

February 20, 2011
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