Monthly Archives: July 2013

Pakistan elects businessman Mamnoon Hussain president

Posted on July 31, 2013 by thomasdinnocenzi

Pakistan on Tuesday elected businessman Mamnoon Hussain as its 12th president, replacing the unpopular Asif Ali Zardari, whose five-year term expires in September. Lawmakers from both houses of the national parliament and four provincial assemblies voted Hussain into the ceremonial … Continue reading →

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China manufacturing falls to 11-month low

Posted on July 26, 2013 by thomasdinnocenzi

China’s manufacturing activity contracted to a 11-month low in July, an HSBC survey showed Wednesday, the first evidence of the Asian economic giant losing further momentum in third quarter. The British banking giant said its preliminary purchasing managers’ index (PMI) … Continue reading →

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China seen overtaking US as global superpower

Posted on July 19, 2013 by thomasdinnocenzi

A majority of people across the globe believes China will eventually eclipse the United States as the world’s leading economy, a new survey released on Thursday showed, although America is still widely seen as holding on to the top spot … Continue reading →

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Goldman Sachs makes $20 Million investment in Indian medical device company

Posted on July 18, 2013 by thomasdinnocenzi

An Indian business publication is reporting that U.S. investment bank Goldman Sachs is making a $20 million equity investment in an Indian medical device company. BPL Medical Technologies makes electrocardiographs, defibrillators, patient monitors, oxygenators and ultrasound scanners among other medical equipment and is … Continue reading →

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