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U.S. markets recover from steep losses
BEIJING, Oct. 10 (UPI) -- China has a new heir to the title of nation's richest person, an industrialist worth more than $2 billion.
Whereas in the each of the last two years Larry Rong Zhijian, head of CITIC Pacific Group, led the Forbes' 400 Richest Chinese List with a net worth estimated last year at around $1.6 billion, two others have eclipsed him.
Shi Zhengrong, chief executive officer of Suntech Power Co with a net worth of $2.2 billion and Huang Guangyu, president of Gome Appliances with a net worth of $2.1 billion now top the list, Xinhua said Tuesday.
The world's richest person, Bill Gates, is worth about $53 billion.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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