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Business : Page 1388

U.S. retail sales rise modestly
U.S. retailJuly 16, 2014 ET
U.S. retail sales increased less than expected in June as receipts at automobiles dealerships surprisingly fell.
China's power consumption rises 5.3%
China power consumptionJuly 16, 2014 ET
China's power consumption rose 5.3 percent year on year in the first half of 2014, picking up slightly from the 5.2 percent growth in the January-May period, official data showed.
Sri Lanka's tourism industry grows 35.8%
Sri Lanka tourismJuly 16, 2014 ET
Earnings from Sri Lanka's lucrative tourism industry in the first five months of 2014 amounted to $901.8 million, a 35.8 percent rise over the same period last year, the central bank said.
Water-wasters in California to pay $500
California waterJuly 16, 2014 ET
California water regulators approved fines of $500 for washing cars, watering lawns or hosing down sidewalks after finding out that residents have increased consumption despite calls for cutbacks.
India's CPI eases to 7.31% in June
India street marketJuly 16, 2014 ET
India's retail inflation based on Consumer Price Index (CPI) declined to 7.31 percent in June from 8. 28 percent in May, helped by moderation in food prices, government data showed.
Drop in Brazil farm machinery sales accelerates
Brazil tractorJuly 16, 2014 ET
Sales of agricultural machinery in Brazil came in at 5,398 units in June, down 21% year on year, according to Fenabrave, the country's vehicle distributors' association.
FSIS hopes to prevent 5,200 foodborne illnesses
U.S. chickenJuly 16, 2014 ET
The U.S. Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) has sent its proposed rule to modernise the US poultry inspection system to the Office of Management and Budget's (OMB) Office of Information and Regulatory Affairs (OIRA) for review.
UK seniors lurking online, shopping offline
UK seniorsJuly 16, 2014 ET
Shoppers in the UK still see the physical store as their primary shopping channel. Even among internet users, in-store shopping is popular, and that's particularly true for seniors.
Power supply market to grow by $3.5 billion
Power supplyJuly 16, 2014 ET
The global market outlook for AC-DC and DC-DC power supplies is set for healthy expansion starting this year until at least 2018, with revenue during these four years projected to grow by $3.5 billion, according to IHS Technology.
African, European, and Asian cities most expensive for expatriates
LuandaJuly 15, 2014 ET
Two African cities top the list of most expensive cities for expatriates according to Mercer's 2014 Cost of Living Survey.
Global crises cause humanitarian spending to spike
Humanitarian aidJuly 15, 2014 ET
The amount of money spent on humanitarian aid reached a record high last year. Disasters like the typhoon in the Philippines, the crisis in the Central African Republic and the ongoing civil war in Syria all contributed.
Norwegian farmers get record cash for climate damage
Norwegian farmerJuly 15, 2014 ET
Norwegian farmers got record compensation from the government as a result of extreme weather wrecking their crops.

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