Hong Kong - Hong Kong shares regained some lost ground Friday as an unexpected cut in local interest rates saw them end the week with a climb of more than 3 per cent.
The blue-chip Hang Seng Index gained 453.39 points or 3.29 per cent to end the week on 14,243.43 points, despite falling more than 5 per cent in morning trading. Turnover was 48.8 billion Hong Kong dollars (6.29 billion US dollars).
Washington, Nov 7 : A new study has suggested that dust pollution in the atmosphere may push supercell thunderstorms into spawning tornadoes.
According to a report in Discovery News, the study was done by David Lerach of Colorado State University and a team of researchers, who compared two computer models of supercell storms.
While one model had a clean atmosphere, the other was riddled with microscopic dust particles.
In the clean model, the telltale rotating cloud formed, but no twister ever materialized. In the polluted version, which had 10 times more dust, it did.
Lerach believes that the abundance of microscopic particles prevents water from condensing into raindrops big enough to fall to Earth.
Rahm Emanuel – Democratic Congressman from Illinois, and a veteran of the Clinton administration - has accepted the President-elect Barack Obama’s offer to become the new White House chief of staff. Informing Obama of his decision on Thursday, Emanuel said he would step down as the fourth-ranking Democrat in the House of Representatives to help guide the Obama administration.
Washington, Nov 7 : Now, with Barack Obama and his running mate Joe Biden being elected in the just concluded elections, speculations are rife as to who would fill their seats in the Senate, which would soon fall vacant.
Obama and Biden have until Inauguration Day (on Jan. 20) to resign their Senate seats, but it is likely they will step down sooner to prevent their replacements from losing seniority to fellow senators who are sworn in on Jan. 6.
Sydney - Australia's failed ABC Learning Centres Ltd on Friday got a big cash injection from the government to keep its 1,100 child care outlets open until they can be sold to rival operators.
ABC, with a quarter of the market, provides 120,000 places and employs 16,000 people.
London, Nov 7 : Russian Prime Minister Vladimir Putin could reclaim presidency by making incumbent Dmitry Medvedev to step down next year, senior government sources have said.
The Kremlin dropped clear hints that Putin plans a swift return and Medvedev is first expected to usher through constitutional changes that would allow Putin to return to his old job for 12 more years, Russian paper Vedomosti quoted senior government sources, as saying.
Hong Kong - Hong Kong shares regained some lost ground Friday as an unexpected cut in local interest rates saw them end the week with a climb of more than 3 per cent.
Rahm Emanuel – Democratic Congressman from Illinois, and a veteran of the Clinton administration - has accepted the President-elect Barack Obama’s offer to become the new White House chief of staff. Informing Obama of his decision on Thursday, Emanuel said he would step down as the fourth-ranking Democrat in the House of Representatives to help guide the Obama administration. 
Washington, Nov 7 : Now, with Barack Obama and his running mate Joe Biden being elected in the just concluded elections, speculations are rife as to who would fill their seats in the Senate, which would soon fall vacant.
Sydney - Australia's failed ABC Learning Centres Ltd on Friday got a big cash injection from the government to keep its 1,100 child care outlets open until they can be sold to rival operators.
London, Nov 7 : Russian Prime Minister Vladimir Putin could reclaim presidency by making incumbent Dmitry Medvedev to step down next year, senior government sources have said.
