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Global Competitiveness Index

U.S. Tumbles to 5th in Global Competitiveness Ranking

The Global Competitiveness Index (GCI) published by the World Economic Forum, which ranks the world's most competitive economies, has pushed the U.S. down the list to a No. 5 spot. Escalating government debts and declining faith of the public in its administration were cited as the critical factors that contributed to the plunge of the country which was No. 1 in 2008 and No. 4 last year.
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2001 Atlantic Hurricane Season

Hurricane Katia Path 2011: East Cost Could Feel Impact

Hurricane Katia 2011 is growing stronger, and while the storm's path still leaves unaswered questions some along the U.S. East Coast from Florida to the Carolinas could feel its impact before it's all over with late next week.
International Business Times Logo

Kofax Dual-List Prospect Emerges: Analyst

Kofax Plc confirmed its board's decision to prepare the business for an initial public offering (IPO) in the United States, Jefferies said in a note to clients.
Foreign visitors look around at a showroom displaying Samsung Electronics' products at the company's headquarters in Seoul

Apple iPhone 5 Nemesis Galaxy S2 Hits U.S.

Widely touted as the iPhone 5 killer, Samsung's Galaxy S2 smartphone has made it to the United States, quelling anticipation, and pre-empting its U.S. rival by at least two months.
International Business Times Logo

China reinterprets untying the knot

After Jia Lin divorced twenty years ago, his wife got both house and son, leaving the Beijing cook with little more than a fresh start.
China is confident more foreign investments will flow into the country

China's yuan could challenge dollar role in a decade

Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.
Diamond Planet

Planet Made of Diamonds Likely to Have Oxygen, Carbon

In what can be called a gem of a discovery, astronomers have found a rare planet made of diamonds, which would likely have oxygen apart from carbon. The carbon-based planet lies 4,000 light years away in the constellation of Serpens in our Milky Way galaxy.
Diamond Planet

Diamond Planet Found Orbiting Pulsar [VIDEOS]

There's a planet made entirely of diamond out there in our Milky Way galaxy that an international team of scientist discovered orbiting a pulsar about 4,000 light-years away. This small diamond planet, which obits the pulsar PSR J1719-1438, is believed to be denser than platinum, but made entirely of oxygen and carbon.
Cario’s Tahrir Square on fire , frenzy on Police services ( Photos)

Flash Mobs: 5 Biggest Flash Mobs of All Time

Flash mobs are becoming an increasingly terrifying phenomenon in many American cities. But they have been used as a tool of political protest for a decade, and text messaging and social media have helped people communicate in many significant instances.

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