Latest World News Update ENGLISH http://www.currentglobalnews.com admin@currentglobalnews.com Oil has risen to a new all-time record high during trading in Asia, passing US$91.10 at 10:23 p.m. on October 25 (eastern time). At 7:08 a.m. today, NYMEX Crude Futures in the United States were even higher, at US$91.58, according to Bloomberg, setting another record all-time high. Brent Crude oil...2007-10-26http://www.currentglobalnews.com/NewsDetails.php?id=2484 After the success of Taiwan Photovoltaic Forum 2006, the organizer Taiwan External Trade Development Council (TAITRA) held PV Taiwan 2007 Forum and Exhibition at Taipei International Convention Center on October 11 and 12. This forum and exhibitions attracted 74 companies participating with 110 exhibition...2007-10-11http://www.currentglobalnews.com/NewsDetails.php?id=2441 Nokia, the mobile phone manufacturer based in Nokia, Finland, has negotiated the takeover of Chicago, United States Geographic Information Systems software development company Navteq for US$8.1 billion. Nokia are paying $78 per share in Navteq, who employs 3,000 people and operates 168 offices spread...2007-10-01http://www.currentglobalnews.com/NewsDetails.php?id=2411 The ability of Australian opposition leader, Kevin Rudd to run the countrys economy has been questioned by the Government after he made a minor error responding to a question on Australias current tax system today. Speaking in Queanbeyan, New South Wales earlier today, Mr Rudd was asked if he could...2007-09-19http://www.currentglobalnews.com/NewsDetails.php?id=2377 In a free trade zone in Antalya, Turkey, 80 women workers of FMC Novamed are in strike for almost a year now, since September 26th, 2006. They allege not only low wages but also severe abuses on FMCs part. Novamed, founded in 2001, is a factory managed by Turkish capitalists and located in the free...2007-09-17http://www.currentglobalnews.com/NewsDetails.php?id=2372 British bank Northern Rock recieved emergency loans from the Bank of England yesterday, as it felt the effects of the financial crisis originating in the U.S. subprime mortgage market. Queues formed outside branches as many customers sought to withdraw their savings, and shares fell heavily. Northern...2007-09-14http://www.currentglobalnews.com/NewsDetails.php?id=2362 Before the 12th Semicon Taiwan at Taipei World Trade Center (TWTC) starts, SEMI Taiwan held a press conference and announced semiconductor industry statistics about global market forecast and 300mm fab capacity. At the conference, Stanley Myers remarked that Taiwan will have a great improvement and...2007-09-11http://www.currentglobalnews.com/NewsDetails.php?id=2354 Ford Motor Company, the U.S. car maker, will reportedly pay €57 million (US$78 million) for a 72.4 percent stake in the Romanian assembly plant Automobile Craiova, a Romanian official said Friday. The offer of Ford Motor Company for a 72.4 percent stake is €4.1556 per share or €57 million overall,...2007-09-08http://www.currentglobalnews.com/NewsDetails.php?id=2342 Apple have released several re-designs of their popular iPod range. In addition to the iPod Classic, Nano and Shuffle, they have announced the brand new iPod touch, a media player which mimics the iPhones touch-screen capabilities. The new iPod Classic design features a larger memory space of up...2007-09-05http://www.currentglobalnews.com/NewsDetails.php?id=2330 Mega Millions officials have stated that there is at least four winners in Fridays US$330,000,000 lottery drawing in the United States. The tickets matched the drawn number balls of 8, 18, 22, 40, 44 with the Mega Ball of 11. The lucky winners bought their winning tickets in four different states....2007-09-01http://www.currentglobalnews.com/NewsDetails.php?id=2314 In just over 24 hours, the Mega Millions lottery jackpot in the United States has risen to US$330,000,000 to make it the third largest lottery jackpot in the world. On Thursday, the jackpot was at $325 million and it still could rise before the drawing takes place tonight at 8:00 p.m. (pacific time),...2007-08-31http://www.currentglobalnews.com/NewsDetails.php?id=2310 Nokia, the international mobile phone manufacturer headquartered in Finland, has launched their own online music and game downloading service to the public. They are hoping to challenge other phone manufacturers who offer similar downloading services and also other online stores such as the Apple...2007-08-29http://www.currentglobalnews.com/NewsDetails.php?id=2305 According to the state of Wisconsin, Wal-Mart has avoided paying millions of dollars in state taxes by paying rent on 87 Wisconsin properties. The Wisconsin State Department of Revenue call this behavior abusive and distortion of income. Wal-Mart is doing this by setting up one subsidiary to run...2007-08-29http://www.currentglobalnews.com/NewsDetails.php?id=2301 The United States Federal Aviation Administration has issued an emergency worldwide directive to all owners and operators of certain Next Generation Boeing 737s to inspect their aircraft in light of recent developments in the investigation of the recent China Airlines explosion. The measures have...2007-08-28http://www.currentglobalnews.com/NewsDetails.php?id=2297 Stocks continued a volatile trading day today as lingering fears over fallout from the troubled U.S. sub-prime mortgage market continued to weigh on investor sentiment. After opening at 13,078.51 points and then ping below the 13000 mark, the Dow Jones Industrial Average bounced back in late trading...2007-08-20http://www.currentglobalnews.com/NewsDetails.php?id=2267