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EU leaders have reached a deal on the 2014-2020 budgets at the EU summit in Brussels. The deal is designed to speed up spending on youth employment. A total of 26-million people on the continent are unemployed. Nearly a quarter of young people aged 1
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China's central bank is cutting interest rates by 25 basis points as of today. One-year deposit rates are being slashed to 2.25 percent. The one-year lending rate is being set at 5.1-percent. It is the third rate cut by the central bank since Novembe
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After a one-week delay, Alibaba is to start its IPO roadshow this week. The company is reportedly going to go public on the New York Stock Exchange next week. Last Friday, Alibaba disclosed its initial public offering price range for the first time,
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RIO DE JANEIRO, April 4 (Xinhua) -- Fellipe Bastos scored two goals as Vasco de Gama defeated Alianza Lima 2-1 in their Copa Libertadores match at Lima's Alejandro Villanueva Stadium on Tuesday. The result lifts Vasco to the top of their group with 1
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The Miracle Teabag Doctors have used a revolutionary stem cell treatment to restore the power of speech for a stroke victim. Walter Bast also regained the use of his right arm after the operation to place a 'teabag' of drug-producing stem cells in hi
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Chinese officials are suggesting the BRICS Development Bank could be operational before year's-end. Vice-Finance Minister Shi Yaobin also says membership in the bank will not be limited to the group's five member states. The first meeting of the bank
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