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Beef recall announced over E. coli fears

BEIJING, Oct. 1 (UPI) -- Manufacturing activity in China contracted for the second straight month in September, reflecting the country's slowing economy, official data showed Monday.
However, the rate of contraction, as measured by the purchasing managers' index, eased in September to 49.8 percent from 49.2 percent in August, the official Xinhua News Agency reported.
Any number below 50 percent on the index, released by the China Federation of Logistics and Purchasing, denotes contraction, and while over 50 percent signifies expansion.
Economic growth in China, the world's second-largest economy after the United States, has been hit by the global slowdown. New orders for Chinese exports have declined because of weak international demand.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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