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<item>
    <title><![CDATA[BSE Sensex, NSE Nifty Hover Between Red And Green; Oil, Auto and IT Shares Worst Hit]]></title>
    <description><![CDATA[India&#039;s Bombay Stock Exchange Sensex started on a negative note, on Friday and was hovering between Red and green in the afternoon session.]]></description>
    <guid>http://uk.ibtimes.com/articles/345316/20120525/bse-sensex-nse-nifty-hovering-between-red.htm</guid>
    <link>http://uk.ibtimes.com/articles/345316/20120525/bse-sensex-nse-nifty-hovering-between-red.htm</link>
    <pubDate>Fri, 25 May 2012 04:12:43 +0100</pubDate>
</item>
<item>
    <title><![CDATA[India Warns of Potential Ban on EU Airlines over Carbon Emissions Tax Dispute]]></title>
    <description><![CDATA[European airlines may risk an embargo from India&#039;s airspace, should Brussels impose sanctions on Indian carriers over carbon emissions. Brussels is facing the heat from several nations, including China, Russia, over an EU carbon emissions trading scheme that called for charging airlines over pollution.]]></description>
    <guid>http://uk.ibtimes.com/articles/345308/20120525/india-warns-ban-european-airlines-carbon-tax.htm</guid>
    <link>http://uk.ibtimes.com/articles/345308/20120525/india-warns-ban-european-airlines-carbon-tax.htm</link>
    <pubDate>Fri, 25 May 2012 03:55:34 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Goldman Sachs Shareholders Approve Executive Pay Plans, Turns to Twitter to Improve Image]]></title>
    <description><![CDATA[Bank&#039;s chief executive Lloyd Blankfein would be taking a pay cut and receive lower pay compared to his counterparts in JPMorgan and Citigroup, shareholders told.]]></description>
    <guid>http://uk.ibtimes.com/articles/345275/20120525/goldman-sachs-annual-meeting-executive-pay-plans.htm</guid>
    <link>http://uk.ibtimes.com/articles/345275/20120525/goldman-sachs-annual-meeting-executive-pay-plans.htm</link>
    <pubDate>Fri, 25 May 2012 02:59:03 +0100</pubDate>
</item>
<item>
    <title><![CDATA[European Crisis Live: Markets Wobble as Anti-Bailout Left Grabs Greek Poll Lead]]></title>
    <description><![CDATA[Asia shares erase yearly gains and Japan hits a 20-year weekly losing streak as investors flee risky bets across global markets]]></description>
    <guid>http://uk.ibtimes.com/articles/345274/20120525/europe-crisis-greece-bailout-grexit-debt-default.htm</guid>
    <link>http://uk.ibtimes.com/articles/345274/20120525/europe-crisis-greece-bailout-grexit-debt-default.htm</link>
    <pubDate>Fri, 25 May 2012 02:51:47 +0100</pubDate>
</item>
<item>
    <title><![CDATA[More Steel Production for China as Beijing Approves $11B New Guangdong Steel Mill]]></title>
    <description><![CDATA[This could mean another round of iron ore shipment surge for Australia as China announced on Friday its approval of the $US11-billon steel project proposal submitted by Shanghai-based Baosteel Group.]]></description>
    <guid>http://uk.ibtimes.com/articles/345267/20120525/more-steel-production-china-beijing-approves-11b.htm</guid>
    <link>http://uk.ibtimes.com/articles/345267/20120525/more-steel-production-china-beijing-approves-11b.htm</link>
    <pubDate>Fri, 25 May 2012 02:37:20 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Alibaba.com Shareholders Clear BuyBack Plan, CIC to Take $2bn Stake in Alibaba]]></title>
    <description><![CDATA[Alibaba raising funds for the buyback through a stake sale to China Investment Corp.]]></description>
    <guid>http://uk.ibtimes.com/articles/345228/20120525/alibaba-com-group-ecommerce-share-buy-back.htm</guid>
    <link>http://uk.ibtimes.com/articles/345228/20120525/alibaba-com-group-ecommerce-share-buy-back.htm</link>
    <pubDate>Fri, 25 May 2012 00:36:32 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Prada Embarks on Ambitious Expansion Plan]]></title>
    <description><![CDATA[Italian fashion brand label Prada SpA is about to embark on an ambitious expansion rollout in the next three years mainly to pursue the promising income from the BRICs (Brazil, Russia, India and China) as well as from countries in the Persian Gulf.]]></description>
    <guid>http://uk.ibtimes.com/articles/345225/20120525/prada-leather-china-india-brazil-morocco-istanbul.htm</guid>
    <link>http://uk.ibtimes.com/articles/345225/20120525/prada-leather-china-india-brazil-morocco-istanbul.htm</link>
    <pubDate>Thu, 24 May 2012 23:53:58 +0100</pubDate>
</item>
<item>
    <title><![CDATA[China’s First Commercial Plane Hampered with Approval Delays]]></title>
    <description><![CDATA[The flight of China&#039;s first commercial plane has been delayed owing to the rescheduling done by Chinese authorities of its final airworthiness test certification.]]></description>
    <guid>http://uk.ibtimes.com/articles/345224/20120525/china-boeing-airbus.htm</guid>
    <link>http://uk.ibtimes.com/articles/345224/20120525/china-boeing-airbus.htm</link>
    <pubDate>Thu, 24 May 2012 23:52:42 +0100</pubDate>
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<item>
    <title><![CDATA[$8.5B Budget Approved For Origin and Conoco Australia's LNG Project]]></title>
    <description><![CDATA[A group of domestic and international banks has granted in principle the $8.5 billion in project financing needed to finally drumroll the $20 billion Australia Pacific liquefied natural gas (LNG) project of Origin Energy Ltd. and ConocoPhillips.]]></description>
    <guid>http://uk.ibtimes.com/articles/345223/20120525/lng-united-states-china-sinopec-conocophillips.htm</guid>
    <link>http://uk.ibtimes.com/articles/345223/20120525/lng-united-states-china-sinopec-conocophillips.htm</link>
    <pubDate>Thu, 24 May 2012 23:51:44 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Australia Targets Criminal Operations at Main Waterfront Areas]]></title>
    <description><![CDATA[Prime Minister Julia Gillard has ordered for a sweeping overhaul of security measures on Australia&#039;s key waterfront areas following reports from police authorities that confirmed the operations of criminal groups in Brisbane and Melbourne.]]></description>
    <guid>http://uk.ibtimes.com/articles/345222/20120525/govt-targets-criminal-operations-australia-s-main.htm</guid>
    <link>http://uk.ibtimes.com/articles/345222/20120525/govt-targets-criminal-operations-australia-s-main.htm</link>
    <pubDate>Thu, 24 May 2012 23:49:45 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Rio Tinto Insists on Iron Ore Growth Plans]]></title>
    <description><![CDATA[Rio Tinto remains on track to expand its iron ore operations despite earlier indications from the mining giant&#039;s CEO, Tom Albanese, that at a certain period the company will temporarily slow down on its output plans.]]></description>
    <guid>http://uk.ibtimes.com/articles/345218/20120525/rio-tinto-insists-iron-ore-growth-plans.htm</guid>
    <link>http://uk.ibtimes.com/articles/345218/20120525/rio-tinto-insists-iron-ore-growth-plans.htm</link>
    <pubDate>Thu, 24 May 2012 23:39:24 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Angola: The Bloody 'Democracy' Of An Oil Republic]]></title>
    <description><![CDATA[As soon as the door opened, 15 men -- armed with pistols, machetes and iron rods -- burst into the house and began beating the young Angolan musicians and activists who were known for protesting against government corruption and the use of violent tactics to suppress political dissent.]]></description>
    <guid>http://uk.ibtimes.com/articles/345185/20120525/angola-oil-exports-trade-china-imports-opec.htm</guid>
    <link>http://uk.ibtimes.com/articles/345185/20120525/angola-oil-exports-trade-china-imports-opec.htm</link>
    <pubDate>Thu, 24 May 2012 19:56:15 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Australian Dollar Outlook - 05/25/2012]]></title>
    <description><![CDATA[Bell FX Currency Outlook: With worries a Greek exit would deepen the euro zone debt crisis and risk aversion continuing to mount this week, the Australian Dollar has continued track new lows.]]></description>
    <guid>http://uk.ibtimes.com/articles/345181/20120525/australia-dollar-usd-aud-eur-commodities-europe.htm</guid>
    <link>http://uk.ibtimes.com/articles/345181/20120525/australia-dollar-usd-aud-eur-commodities-europe.htm</link>
    <pubDate>Thu, 24 May 2012 19:48:08 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Global Markets Overview - 05/25/2012]]></title>
    <description><![CDATA[U.S. stocks finished mostly higher after late afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone. The Dow Jones Industrial Average finished up 34 points, or 0.3%, at 12530, after bouncing back from a 0.6% slide.]]></description>
    <guid>http://uk.ibtimes.com/articles/345177/20120525/jp-morgan-goldman-sachs-ftse-hang-seng.htm</guid>
    <link>http://uk.ibtimes.com/articles/345177/20120525/jp-morgan-goldman-sachs-ftse-hang-seng.htm</link>
    <pubDate>Thu, 24 May 2012 19:24:47 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Is Germany Next? Investors Flee Madrid's CDS For Berlin]]></title>
    <description><![CDATA[Investors are increasingly making a &quot;flight to quality&quot; as they pull out of credit-default swaps hedges on Europe&#039;s primary index as well as the markets for periphery nations like Spain, a trend which indicates higher expectations that periphery nations are unable to repay their debts and a lack of confidence in the political will of the economic union.]]></description>
    <guid>http://uk.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm</guid>
    <link>http://uk.ibtimes.com/articles/345144/20120524/spain-cds-spread-debt-eurozone-crisis-spanish.htm</link>
    <pubDate>Thu, 24 May 2012 16:37:06 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Tokyo, Madrid, Istanbul Vie For Olympic (Pot Of) Gold]]></title>
    <description><![CDATA[Do host cities make money?]]></description>
    <guid>http://uk.ibtimes.com/articles/345105/20120524/olympic-bid-2020-games-tokyo-istanbul-madrid.htm</guid>
    <link>http://uk.ibtimes.com/articles/345105/20120524/olympic-bid-2020-games-tokyo-istanbul-madrid.htm</link>
    <pubDate>Thu, 24 May 2012 14:13:03 +0100</pubDate>
</item>
<item>
    <title><![CDATA[State Fracking Laws Expand As Ohio Is Set To Approve Its Own Bill]]></title>
    <description><![CDATA[The Ohio House on Thursday is expected to vote on a bill that would bolster the state&#039;s rules on hydraulic fracturing]]></description>
    <guid>http://uk.ibtimes.com/articles/345100/20120524/fracking-ohio-vote-house-chemicals-disclosure.htm</guid>
    <link>http://uk.ibtimes.com/articles/345100/20120524/fracking-ohio-vote-house-chemicals-disclosure.htm</link>
    <pubDate>Thu, 24 May 2012 14:02:07 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Manufacturing In Central Western States Rebound In May]]></title>
    <description><![CDATA[The Federal Reserve Bank of Kansas City said Thursday that manufacturing growth in the Midwest and part of the Rocky Mountain region rebounded in May and that firms were more optimistic than in previous months.]]></description>
    <guid>http://uk.ibtimes.com/articles/345074/20120524/kansas-city-fed-manufacturing-report-tenth-disctrict.htm</guid>
    <link>http://uk.ibtimes.com/articles/345074/20120524/kansas-city-fed-manufacturing-report-tenth-disctrict.htm</link>
    <pubDate>Thu, 24 May 2012 12:42:02 +0100</pubDate>
</item>
<item>
    <title><![CDATA[UK Falls Into Double-Dip Recession: Report]]></title>
    <description><![CDATA[The U.K. economy fell into a double-dip recession in the first quarter when GDP shrank 0.3 percent and contracted for the first time since 2009 on an annual basis, according to by the government&#039;s Office for National Statistics.]]></description>
    <guid>http://uk.ibtimes.com/articles/345064/20120524/uk-economy-double-dip-recession-gdp-britain.htm</guid>
    <link>http://uk.ibtimes.com/articles/345064/20120524/uk-economy-double-dip-recession-gdp-britain.htm</link>
    <pubDate>Thu, 24 May 2012 12:24:53 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Quebec: 700 People Arrested As Tuition Hike Protest Escalates]]></title>
    <description><![CDATA[It was the largest number of single-day detentions since demonstrations commenced in February.]]></description>
    <guid>http://uk.ibtimes.com/articles/345061/20120524/montreal-quebec-protest-arrests-student-tuition.htm</guid>
    <link>http://uk.ibtimes.com/articles/345061/20120524/montreal-quebec-protest-arrests-student-tuition.htm</link>
    <pubDate>Thu, 24 May 2012 12:19:21 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Chinese Manufacturing Decreased in May]]></title>
    <description><![CDATA[Chinese manufacturing weakened in May, the seventh consecutive month the figure has been in the red, according to a preliminary reading of the HSBC manufacturing purchasing managers index.]]></description>
    <guid>http://uk.ibtimes.com/articles/345060/20120524/china-manufacturing-hsbc-pmi.htm</guid>
    <link>http://uk.ibtimes.com/articles/345060/20120524/china-manufacturing-hsbc-pmi.htm</link>
    <pubDate>Thu, 24 May 2012 12:19:17 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Polio Remains Endemic in Nigeria, Pakistan And Afghanistan: Health Officials]]></title>
    <description><![CDATA[GPEI warned that failure to eradicate polio could lead to as many as 200,000 paralyzed children a year across the globe.]]></description>
    <guid>http://uk.ibtimes.com/articles/345053/20120524/polio-pakistan-afghanistan.htm</guid>
    <link>http://uk.ibtimes.com/articles/345053/20120524/polio-pakistan-afghanistan.htm</link>
    <pubDate>Thu, 24 May 2012 12:04:01 +0100</pubDate>
</item>
<item>
    <title><![CDATA[US 30-Year Mortgage Rate Hit New Record Low: 3.78%]]></title>
    <description><![CDATA[U.S. 30-year fixed mortgage rates dropped to 3.78 percent in the week ending May 24, down slightly from 3.79 percent in the previous week, mortgage financier Freddie Mac said Thursday.]]></description>
    <guid>http://uk.ibtimes.com/articles/344997/20120524/mortgage-rates-dip-record-low-fourth-week.htm</guid>
    <link>http://uk.ibtimes.com/articles/344997/20120524/mortgage-rates-dip-record-low-fourth-week.htm</link>
    <pubDate>Thu, 24 May 2012 10:29:02 +0100</pubDate>
</item>
<item>
    <title><![CDATA[India And Other Asian Countries Better Placed To Deal With Greece Exit Crisis: Analysts]]></title>
    <description><![CDATA[Even as a possible Greece exit from the euro zone is creating ripples of fear in the global economy, it seems that the Asian countries, especially India, is better placed to face the euro zone breakup storm than other regions.]]></description>
    <guid>http://uk.ibtimes.com/articles/344994/20120524/euro-zone-india-asian-countries-better-placed.htm</guid>
    <link>http://uk.ibtimes.com/articles/344994/20120524/euro-zone-india-asian-countries-better-placed.htm</link>
    <pubDate>Thu, 24 May 2012 10:28:04 +0100</pubDate>
</item>
<item>
    <title><![CDATA[HP’s CEO Chops 27,000 Jobs, Investors Cheer]]></title>
    <description><![CDATA[Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, leaped as much as 7.4 percent Thursday after the company said Wednesday it would fire 27,000 people.]]></description>
    <guid>http://uk.ibtimes.com/articles/344962/20120524/hp-shares-whitman-fire-27-000.htm</guid>
    <link>http://uk.ibtimes.com/articles/344962/20120524/hp-shares-whitman-fire-27-000.htm</link>
    <pubDate>Thu, 24 May 2012 09:42:58 +0100</pubDate>
</item>
<item>
    <title><![CDATA[EU Leaders Warn Greece: Stick To Austerity Or Leave Euro]]></title>
    <description><![CDATA[Speaking at a summit in Brussels, the heads of Germany and several EU institutions all urged the debt-stricken country to stick to the deeply unpopular tax hikes, labor reforms and welfare cuts that have divided Greece and pushed it to the brink of exiting the currency union.]]></description>
    <guid>http://uk.ibtimes.com/articles/344958/20120524/greece-exit-euro-eu-brussels-merkel-germany.htm</guid>
    <link>http://uk.ibtimes.com/articles/344958/20120524/greece-exit-euro-eu-brussels-merkel-germany.htm</link>
    <pubDate>Thu, 24 May 2012 09:38:53 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Spanish Bond Yields Up, PM Rajoy Urges ECB To Buy]]></title>
    <description><![CDATA[Spanish bond yields hovered above the 6 percent mark Thursday, prompting Spain&#039;s prime minister to urge the European Central Bank to buy Spain&#039;s bonds as it did in August 2011, according to a report by Bloomberg News.]]></description>
    <guid>http://uk.ibtimes.com/articles/344957/20120524/spain-bond-yields-cds-spanish-pm-rajoy.htm</guid>
    <link>http://uk.ibtimes.com/articles/344957/20120524/spain-bond-yields-cds-spanish-pm-rajoy.htm</link>
    <pubDate>Thu, 24 May 2012 09:37:33 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Congress Against Petrol Price Hike; Govt Considers Partial Rollback: Sources]]></title>
    <description><![CDATA[The latest media reports suggested that the government is contemplating a partial rollback in the recent steep petrol price hike. According to the sources the government might slash about Rs 2 to 2.50 per litre, while the Congress party is demanding to scale down about Rs 3 to 5 in the latest hike.]]></description>
    <guid>http://uk.ibtimes.com/articles/344953/20120524/petrol-price-hike-congress-upa-protest-rollback.htm</guid>
    <link>http://uk.ibtimes.com/articles/344953/20120524/petrol-price-hike-congress-upa-protest-rollback.htm</link>
    <pubDate>Thu, 24 May 2012 09:27:05 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Petrol Price Hike: 5 things to Watch Out For]]></title>
    <description><![CDATA[The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike.]]></description>
    <guid>http://uk.ibtimes.com/articles/344945/20120524/petrol-price-hike-five-things-watch-out.htm</guid>
    <link>http://uk.ibtimes.com/articles/344945/20120524/petrol-price-hike-five-things-watch-out.htm</link>
    <pubDate>Thu, 24 May 2012 09:06:06 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Jobless Claims Data Offer No Solace For Recovery Concerns]]></title>
    <description><![CDATA[The number of Americans lining up for new jobless benefits fell slightly last week to 370,000, but remained above levels posted earlier this year, the Labor Department said Thursday. While matching economists&#039; forecasts, the figure suggests improvement in the labor market is stalling.]]></description>
    <guid>http://uk.ibtimes.com/articles/344934/20120524/initial-jobless-claims-24.htm</guid>
    <link>http://uk.ibtimes.com/articles/344934/20120524/initial-jobless-claims-24.htm</link>
    <pubDate>Thu, 24 May 2012 08:41:07 +0100</pubDate>
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