By Agency reporter Thursday, 18 Nov 2010 Beijing: China‘s cabinet confirmed that the government might impose temporary price controls on ”important daily necessities” and production materials to counter the fastest inflation in two years, Bloomberg reported on Wednesday. The State Council also pledged on Wednesday to stabilise natural gas prices, crack […]

By Agency reporter Thursday, 18 Nov 2010 Brussels: Unilever won European Union approval to buy Sara Lee Corporation‘s shower-gel and European detergents business after it agreed to sell off the Sanex deodorant and body-wash brand in the region. According to Bloomberg, the sale of the Sara Lee unit allays competition concerns […]

By Agency reporter Thursday, 18 Nov 2010 New York: Home ownership may be falling out of reach for more Americans as lenders toughen their standards for Federal Housing Administration-insured loans beyond what the agency itself requires. Bloomberg reported on Wednesday that mortgage lenders including Wells Fargo & Company and Bank of […]