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Output and earnings weak in Britain

BEIJING, May 25 (UPI) -- Representatives of China and Japan failed to resolve problems over East China Sea gas exploration rights Friday, a report said.
Japan said China made no formal proposal but, Kenichiro Sasae, head of the Japanese Foreign Ministry's Asian and Oceanian Affairs Bureau, said there was a "better understanding" between the two countries on the matter after their Beijing talks.
Negotiators said they would meet more often to work out a solution.
Both China and Japan want to resolve their row over energy resources in the East China Sea by jointly developing gas fields, the Kyodo news service said. But, neither has been able to agree of where to put the projects.
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HAVANA, May 25 (UPI) --
Cuba is reportedly sitting on vast underwater oil and gas reserves, but none came up in the latest exploration, a joint Chinese-Spanish undertaking.
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LONDON, May 25 (UPI) --
Military pilot training and training aircraft were in the news this week, with European companies reaping more than $3 billion in contracts.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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The photos are familiar, but the captions are not, as economic tension skips across the continent of Europe.
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