Analysts said Monday that the increase in oil prices will have no lasting impact on the global economy recovery, thus expecting the latter to be sustained. Light, sweet crude slightly dropped 42 cents to settle at $112.37 a barrel at late afternoon Singapore time in a global electronic trading session on the New York Mercantile [...]
Stan Kroenke, an American billionaire will acquire soccer team Arsenal from the English Premier League in an agreement that would amount to $1.2 billion or 731 million pounds. According to Kroenke, who by now owns about 30 percent of the North London team had offered the shareholders of Arsenal of 11, 750 pounds each share [...]
The wildfires burned over 230,000 acres through the town of West Texas and wrecked an approximated 80 buildings and houses. According to the Texas Forest Service, over 60,000 acres were burned and 40 houses were lost in one rage that chased through West Texas and into to the Fort Davis. Within 90 minutes, the fire [...]
Reports said Friday that Toyota is currently suffering from parts shortage, therefore will be suspending production at North American vehicle factories. Bill Visnic, an analyst of Edmunds.com, said that such event is inevitable that suppliers in Japan will trickle down to North American operations. According to reports, Toyota production will be suspended beginning on April [...]
Congressional Representatives and Top White House unsuccessful to achieve a deal on Tuesday with regard to the spending plan for the rest of the present fiscal year. The agreement also carries the federal government nearer to a layoff as the week end. Major Democrats abandoned the proposal of Republican to maintain the government operation for [...]
According to Deputy Prime Minister of Russia, the space agency head of the country will be resigning after seven years in the job because of takeoff delays that annoyed top officials. Sergei Ivanov, Russia’s Deputy Prime Minister, stated that Anatoly Perminov, the head of Roskosmos, will be resigning as he had reached the age limit [...]
Pro-Golfer Phil Mickelson has ended his year-long win drought after he prevailed on Sunday at the Houston Open. In his final shot at the Redstone Gold Club, he fired an amazing shot that resulted for him to have the advantage against contenders Chris Kirk and Scott Verplank. He was able to shot a seven-under-par 65, [...]
Country musician Taylor Swift won the entertainer of the year honor in this year’s Academy of Country Music Awards. The songstress outshined fellow nominees Miranda Lambert and band Lady Antebellum in an event that she never saw coming. Prior to the announcement of the winner for the said category, Miranda Lambert already bagged four awards [...]
The Detroit Red Wings settled their game over the Minnesota Wild after winning on Sunday evening, which sealed their ninth championship in 10 seasons. Moreover, Nicklas Lidstrom of the Red Wings helped his team to win their latest title against the Wild, 4-2, and it was their 14th title ever since the 1991-92 season. In [...]
The focus of the repair at the crippled Fukushima Daiichi nuclear complex turned to the removal of radioactive water from the inside and around the reactor buildings. The world is looking for signs of progress at the Fukushima Daiichi nuclear complex. However, instead of progress, they found a new problem in the plant. The radioactive [...]
