Abbottabad was named after a British army officer named Major James Abbott who founded the city (and the outlying district) in 1853 when British India annexed the vast Punjab region.
Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.
The rich keep getting richer, both here in the United States and especially in the world's emerging markets.
Standard Chartered Plc said it had cut 800 jobs this year to restrain rising costs after making record first quarter profits and revenue on the back of strong Asian markets like India and Hong Kong.
Standard Chartered said it has had an excellent start to the year as key Asian markets lifted income by over 10 percent, although costs rose at a faster rate after a hiring spree last year.
Oil prices dropped more than 2 percent on Tuesday as an interest rate increase by India added to concerns about demand and gains in the dollar helped spark a technical sell-off.
Oil prices dropped more than 2 percent on Tuesday as concerns about the impact of an interest rate increase on India's demand and gains in the dollar helped spark a technical sell off.
Gold prices hit new all-time Dollar highs at the AM London Fix on Tuesday, but silver traded near a two-week low as world stock markets slipped and commodity prices fell hard.
Brent crude oil dipped below $124 a barrel on Tuesday as the dollar rose from a three-year low and traders weighed the impact on the market of al Qaeda leader Osama bin Laden's death.
India's central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday and declared it would battle stubbornly high inflation even at the cost of some economic slowdown, casting doubt over the government's ambitious growth targets.
India's central bank raised interest rates by a sharper-than-expected 50 basis points on Tuesday and signaled it would battle stubbornly high inflation even at the expense of the government's economic growth ambitions.
Business at U.S. manufacturers grew a bit more slowly for a second straight month in April but their costs rose to the highest level in nearly three years, an industry report showed on Monday.
The hurried burial of Osama bin Laden's body at sea, which U.S. officials claim was done in accordance with Muslim rituals and practice, has angered some Islamic scholars even as others said the Americans did the right thing.O
U.S. President Barack Obama has issued a security alert in the country and travel alert worldwide for Americans, expecting retaliatory attacks from terrorist organizations worldwide, especially Al Qaeda, after news spread that dreaded terrorist leader Osama bin Laden was killed in a targeted U.S. operation in Abbottabad, Pakistan.
Amidst a growing chorus accusations by India that the Pakistani authorities had been harboring Al Qaeda leader Osama bin Laden in their country for years, the former chief of Pakistani intelligence vehemently has denied the allegations.
However, he also warned that Al Qaeda may take revenge in retaliation for the killing of Osama.
Al Qaeda ideologue and mastermind of Sept. 2011 Osama Bin Laden was killed by U.S. special forces on Sunday in a town two hours from Pakistan capital Islamabad raising questions about the U.S.-Pakistan ties.
The killing of Al-Qaeda chieftain Osama Bin Laden “deep inside” Pakistan has raised grave concerns in India about its neighbor’s harboring of terrorists and militants.
Warren Buffett believes his reputation is intact, the U.S. economy needs more jobs and that Donald Trump is not going to be the next president.
Al-Qaeda founder and leader Osama Bin Laden has been killed by US forces, President Barack Obama announced.
Who are these Romani people who have lived in Europe for centuries and seem to always exist on the fringes of society; and who have inspired much literature, music, legends and misconceptions?
Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday.
Savitri Devi is largely an unknown (or forgotten) figure from 20th century history; but she is well worth remembering because she lived one of the strangest, most incomprehensible lives that one could imagine.
