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Jaho Jalal: Beep Beep!! China unveils new super-speed train that can hit 300mph
[ via Mail Online ] Travelers are always short of time and money when travelling abroad. And whatever they have, they want to see more and more
Festive cheer - ECB offers a nice present to banks
Banks jumped at the chance of ?Free Money' yesterday as the European Central Bank flooded the markets with low interest 3 year loans. A total of 523 banks borrowed ?489.2bn in the ECB's biggest ever funding exercise. The total surged over ?100bn above the expectations as regulators encouraged lenders to take advantage of the cheap money on offer. The upswing in demand for funding comes as Europe descends into another credit crunch where banks have been refusing to lend to each other for fear...
Apple's iTunes App Store Rewind 2011: PayPal and WHERE apps chosen in their categories
Apple recently posted its iTunes App Store Rewind 2011 page highlighting the best and most popular content in the App Store this year. We're thrilled to say that two apps from eBay, Inc. properties, have made the list. The PayPal mobile app was included as one of the most popular apps in the Finance category, and the WHERE app was highlighted in the Navigation category. The PayPal app has become wildly popular on mobile devices everywhere for its ease of use in doing things like sending...
European leaders continue to disappoint the markets
European finance minsters are struggling to finalise a plan to give extra money to the IMF, with the plan then to lend the money European governments. The hope was for ?200bn to be pledged by Euro Area governments plus money from those outside of the Euro including Britain and Sweden, but the amount committed so far is only ?150bn. Britain, quite rightly, feels since the IMF is a global institution any increase in funding should be global in nature and not confined just to European countries....
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