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| In Hiroshima's Shadow |
| AUGUST 6, the anniversary of Hiroshima, should be a day of somber reflection, not only on the terrible events of that day in 1945, but also on what they revealed: that humans, in their dedicated quest to extend their capacities for destruction
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| US-CHINA TRADE-OFF |
| WHEN you talk to Chinese officials lately, it doesn't take long before they express concern about America's "rebalancing" of forces – the prospect that we'll shift more troops from the Middle East, where they are containing instability, to Asia, where they would contain China...
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 | US economy adds 163,000 jobs in July AP NEW YORK THE US labour market staged a rebound last month, adding more jobs than expected, an indication that the economy isn't as sickly as feared. The unemployment rate, though, edged up. Payrolls expanded by 163,000 new workers in July...
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| | Gold recovers after upbeat US jobs data | | REUTERS LONDON GOLD climbed back above $1,600 an ounce on Friday after data showing that the US economy added more jobs than expected last month boosted appetite for risk,pushing the dollar sharply lower against the euro and boosting stock markets 2 percent. The metal initially dropped after the data, which indicated that US employers hired 163,000 workers in July, the most in five months, curbing expectations that the Federal Reserve will launch further monetary stimulus measures to boost growth. However, it quickly reversed those losses as the dollar failed to maintain a brief recovery from lows. Spot gold was up 0.8 percent at $1,602.30 an ounce at 1402 GMT, while US gold futures for December delivery were up $14.80 at $1,605.50. Spot prices earlier rose as high as $1,599.61. Gold is still down 1.6 percent this week, however, on track for its biggest weekly loss in six weeks. ... | | | Jetliner feud deepens as Boeing grabs SilkAir order | | PARIS/SINGAPORE PLANEMAKER Airbus was left reeling on Friday as a highprofile customer defected to Boeing, prompting European accusations of aggressive tactics amid renewed evidence of a jet price war.
Silkair, the regional arm of Singapore Airlines , said it had placed the biggest order in its history with a tentative deal to buy over 50 Boeing 737 jets worth $5 billion.
The move came as figures showed Boeing outselling Airbus by more than two to one in the first seven months of the year, reversing a deficit seen last year when Airbus broke industry records with a fuel-saving version of its competing A320 jet.
The world's dominant planemakers have been locked in a tense contest for market share since late 2011, slashing prices to take maximum advantage of the chance to lock in customers for the A320neo and Boeing's response, the 737 MAX.
... | | | Toyota raises sales target as quarterly profit zooms | | TOKYO TOYOTA raised its sales target for this year to a record 9.76 million vehicles and reported a strong recovery in quarterly profit on Friday, underlining its bounce back from a disaster plagued 2011.
Toyota Motor Corp. said April-June profit zoomed to 290.3 billion yen ($3.7 billion) from 1.1 billion yen the year before. Its new sales target would represent a 23 percent increase from the 7.95 million vehicles sold in 2011, and is 180,000 vehicles more than Toyota's last forecast in February.
The car maker's quarterly sales soared nearly 60 percent to 5.5 trillion yen ($70.5 billion), rebounding from a sales crash that all Japanese automakers suffered after the earthquake and tsunami in northeastern Japan in March last year.
Toyota said quarterly vehicle sales nearly doubled from the year before to 2.3 million vehicles as sales rose in regions including North America, Europe, Japan and the rest of Asia. ... | |
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