UNITED STATES

US Productivity Growth To Slow in 2011

The United States productivity growth will slow substantially in 2011 and could even fall below the rate in the euro area, The Conference Board reported on Monday.

Focus on US as China's Hu rejects demand for yuan's rise

Chinese President Hu Jintao, who will arrive in the U.S. on Tuesday for a state visit, rejected Washington’s demand for an appreciation of the Chinese currency, and debunked what he called was a “zero-sum Cold War mentality” while calling for broader cooperation with the U.S. on a range of issues. The focus during the three-day state visit, and beyond that, for that matter, will be on if Washington is prepared to act more sternly to make the Chinese let their currency appreciate.

Airbus beats Boeing after late order surge

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Airbus sprinted past Boeing to win the annual orders race in 2010 after a last-minute airline buying spree highlighted a recovery in emerging markets and the low-fare sector, the planemaker said on Monday.
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Chinese president upbeat on eve of U.S. summit

Chinese President Hu Jintao will meet U.S. President Barack Obama in Washington this week for a summit. The two leaders are expected to discuss a wide range of issues including global trade and currency valuations.

Gold rebounds from sharp fall after China move

Gold rebounded slightly on Monday from a one-percent fall in the previous session, after China further tightened its monetary policy to curb inflation, and holdings in the gold-backed exchange-traded fund continued falling.

China's Hu upbeat, but resists US yuan concerns

Chinese President Hu Jintao urged an end to a zero sum Cold War relationship with the United States and proposed new cooperation, but resisted U.S. arguments about why China should let its currency strengthen.
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Dampening the U.S.-China fireworks

Chinese President Hu Jintao's visit to Washington this week may be the calm after the storm when it comes to economic relations between the world's two biggest economies.
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Time Warner Cable in tentative deal with Sinclair

Time Warner Cable has reached a tentative agreement to end its dispute with SinclairBroadcast Group to continue carrying Sinclair local stations in Time Warner Cable markets, and said late on Saturday it hoped to reach a final deal within a week.
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China's Hu upbeat in interview on eve of U.S. summit

Chinese President Hu Jintao called on Sunday for an end to zero sum Cold War behavior and suggested new cooperation with the United States in areas like energy, infrastructure development, aviation and space.
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Oil prices rising too high, too fast: Total CEO

Global oil prices have risen too high, too quickly but increased OPEC output will not stem the rise as the climb is driven by demand, the chief executive of French oil major Total said on Sunday.
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Swiss tax whistleblower to give WikiLeaks new data: report

A former Swiss private banker who was one of the first whistleblowers to use WikiLeaks by publishing internal bank documents on the site has pledged to hand over new data on offshore bank account holders on Monday, a newspaper said.

Swiss whistleblower to handover offshore banking secrets to Wikileaks

The offshore bank account details of 2,000 high net worth individuals and corporations - detailing massive potential tax evasion - will be handed over to the WikiLeaks organisation in London on Monday by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.

NASA reveals passenger plane designs for 2025

On the heels of MIT's design for the plane of the future, National Aeronautics and Space Administration (NASA) has given a sneak peek into some of the new ideas they have slated for the not-so-distant future.

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