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NEW YORK (AP) — This year's list of nominees for Webby awards celebrating Internet achievement range from celebrities such as Beyonce and Ellen DeGeneres to Google and GoPro, the maker of popular mountable video cameras.... Read more... Read more...
China's central bank will focus on liberalizing bank deposit rates over the next two years, while loosening its grip on the yuan currency to give greater influence to market forces, a vice governor of the People's Bank of China said on Saturday. "Our priority this year and next year is pushing forward reform of bank deposit rates," Yi Gang told an economic forum in Beijing. The central bank will relax control of interest... Read more... Read more...
Zambia's decision to increase electricity prices by almost 29 percent for mining companies is likely to hit operations in Africa's second largest copper producer, the Chamber of Mines of Zambia said. The bulk power supply agreement tariffs between state power company Zesco and Copperbelt Energy Corporation were increased this week to 6.84 cents per KWh from 5.31 cents per KWh. Copper exports account for more than 70 percent of... Read more... Read more...