Gold prices slipped back towards $1,650 an ounce on Friday as investors cashed in gains after a three-session rally, with confidence in the metal still soft as consumers in major Asian bullion-buying centres held off making fresh purchases.
The alarming data comes only a day after credit ratings agency Standard & Poor's downgraded the country's debt rating from A to BBB+, citing a worsening budget deficit, worries over the banking system and poor economic prospects.
It is to be seen if Chelsea agrees to let the player go as many of the club?s big names are set to depart at the end of the season.
Chelsea are said to have prepared a massive bid of $56.64 million (£35 million) for the player in order to bring him over to London.
Despite global credit rating agency S&P's negative outlook of India's long-term credit rating, deputy chairman of the Planning Commission Montek Singh Ahluwalia has said that the country has a long-term growth potential of 8 to 9 percent.
Although the player has a contract with the club until 2013 and no specific price has been mentioned, it is believed that the club could cash in on him right now as later his price will fall at the end of his contract.
Mars is full of glass dunes that bode well for the existence of water and even microbial life on the red plant, according to a recent study.
The final line-up for the London 2012 festival was announced on Thursday, with around 12,000 events happening across Britain in a major cultural celebration organized to coincide with the summer Olympic Games.
Here are Washington's biggest needs heading into the draft, as well as some players they might target.
Barrick Gold Corp. (NYSE: ABX), the largest gold miner, said Thursday it sold its 20.4 percent stake in Russian company Highland Gold Mining Ltd. (London: HGM) for $130 million as it seeks to unload non-core business.
Two former Olympic gold medalists hope to overcome some recent disappointment in the London Games.
The couple will celebrate their first year wedding anniversary on Sunday.
According the latest reports, North London-based Premiership side Arsenal are planning to make an offer for Italian Serie B side Varese's young defender Acharaf Laazar who has been dubbed the new Gareth Bale by the club's Sporting Director Mauro Milanese.
Royal couple Prince William and Kate Middleton, whose wedding was viewed by more than two billion people, are about to celebrate their first wedding anniversary.After being in the spotlight for a year, the couple wishes to celebrate their wedding anniversary, which is on April 29, away from the public eye.
If rumors are to be believed, North London-based Premiership heavyweights Arsenal and fellow league rivals Newcastle United are preparing a hefty summer bid to lure away Dutch Eredivisie side Ajax's Belgian defender and skipper Jan Vertonghen when the transfer window opens.
Forget rumors, this has come straight from the horse's mouth. Samsung's upcoming Galaxy smartphone, aka Galaxy S3, is all set to get Exynos 4 Quad boost up, the South Korean tech giant revealed Wednesday.
Britain's economy contracted in the first quarter, its second such consecutive decline, sending Europe's third-largest economy into a double-dip recession and giving ammunition to critics of Prime Minister David Cameron's austerity measures.
At a time when many airlines are going bankrupt, tacking on high baggage fees and having massive layoffs and merging, Virgin Atlantic is not following the trends and is offering luxury suites ranging in price from $4,000 to $10,000.
Prince William and Kate Middleton stunned onlookers when they walked the red carpet Wednesday for the film premiere of Disney's 'African Cats.'
Here are some quick facts about German high jumper Ariane Friedrich, who has stirred national debate about privacy leading up to the Olympics after posting public information on Facebook about an alleged Facebook stalker.
German high-jumper Ariane Friedrich has publicly revealed the identity of the man she says harassed her and e-mailed her pictures of his genitals. The 28-year old athlete, who is the midst of training for London's Summer 2012 Olympics, posted the alleged stalker's name, e-mail address, his hometown, and excerpts from the e-mails she received, reported MSN news. She has also filed a criminal complaint with authorities, who are now investigating the matter.
The United Kingdom, Europe's third-largest economy, fell into recession in the first quarter when its gross domestic product fell 0.2 percent, a contraction that followed the fourth-quarter's 0.3 percent decline.
