A new study on prostate cancer, which is the world's biggest randomised trial of the disease, is likely to indicate that the current standard surgical treatment used to fight the disease is ineffective.

The study says that surgical removal of the prostate gland is like watchful waiting", which means doing nothing. It also found that the surgery does not extend the lives of the patients. Health experts are unsure about how to respond to the study as any other alternative treatment is not yet available.

According to market analysts, the continuing fall in the rates of Euro will make it a favorable currency for funding in international investments.

A Morgan Stanley report has pointed out that euro rates are now on the decline. According to its estimates, the Euro will fall below the average G10 carry in 2010 and will become a favorite funding currency as US rates increase further.

Europe should boost the total firepower of its rescue fund and frontload its funding to send a positive signal to investors and international partners that it is determined to solve its debt crisis, Japanese officials said on Monday.

Japan has repeatedly expressed its willingness to help Europe contain its debt crisis, but has also stressed it wanted to see a convincing action plan before making any firm commitments. Lifting the combined size of the current bailout fund and the new permanent European Stability Mechanism beyond the current 500 billion euros would be a major step and an encouraging signal.

European Union officials might ask the Indian private sector carrier, Jet Airways to pay Rs 300 crore toward carbon emission tax for its operations on the continent.

Even as the European authorities have asked aviation firms to file their carbon emission data in order to calculate carbon taxes on them, the government in India has urged the airlines not to comply. India is opposing the move by the European authorities and have received support from more than two dozen countries including the US and China.

South Korean Electronics giant, Samsung has unveiled its new Galaxy Nexus smartphone, which will be the first model to be powered by the latest version of Google's Android operating system dubbed, Ice Cream Sandwich.

The handset will directly aim to compete with the recently launched Apple iPhone 4S, which has already sold more than more than 4 million units. The smartphone as released at an event in Hong Kong on Wednesday.

Technology giant, Apple might offer a MicroUSB charger for its newly released upgraded iPhone 4S in European countries.

The The £8 iPhone micro-USB adaptor will go on sale along with the new iPhone 4S. The move could address a general concern of Apple users who were not able to charge their deivce in common places unless they carried special Apple chargers.

The brooding worries over the unsettled European economy have led a steep fall in the Indian federal bonds. Besides, it also added woes to the US Treasury yields. To discuss the slower economy of the world, a meeting was held by the G7 but no solution could be procured from the meeting.

Sensex has overcome depression and registered growth after a period of month, and all credit goes to global trend.

Last Tuesday, Sensex picked up 149 points and today it closed by further gaining 202 points, not only this it has recovered its 17,000 with today’s points.

Today’s business was considered to be highest since August 11. Not only Asian market but European markets also showed growth. While Sensex gained 202 points, Nifty gained 60.35 amounting to 5,124.65, and later it touched 5,154.50 as banking sector, power and reality sector was running in profits.

Indian exports are reported to have risen by 46.45% in June 2011, though it’s an impressive increase, it may not continue into the second half of the fiscal year, due to the uncertainty in the US and Europe.

Also, owing to the rise, exports increased majorly by 45.7 % to USD 79 billion in the first quarter of the recent fiscal year.

Irrespective of most of the sectors experiencing huge increase, such as; petroleum products, readymade garments, engineering or pharmaceuticals, the Commerce Secretary, Rahul Khullar has warned that “news from the largest two markets , the US and Europe is far from cheerful and Summer is not over, it is still not going to be easy”.

Andhra Pradesh’s state government has once again failed to woo European auto-makers in its attempt to launch an automobile manufacturing industry within the state.

In its most recent attempt to kick-start the industry, the Government of Andhra Pradesh actively courted France-based PSA Peugeot Citroen in the hopes that the company would establish automobile manufacturing facilities in the state.

The government had hoped that PSE Peugeot Citroen would act as an anchor client, which would help the state government to develop an automotive cluster complete with assembly production line, ancillaries units, dye manufacturing, and body-building shops.

Etihad Airways, the national airline of the United Arab Emirates, has joined hands with world’s leading tour operator Arabian Smile Holidays in a bid to offer special deals to the visitors.

Both firms introduced a joint travel program ‘Abu Dhabi and Beyond by Arabian Smile Holidays’ for offering a range of facilities and discounts at various European and domestic routes.

The agreement has been signed in lines with Universal Travel Link & Services program that has been devised for offering the visitors with wide range of tour packages across various routes of Etihad. The airline will promote the renewable energy initiatives by highlighting its logo on their aircraft fleet during the month of April.

The lovers of the Womad (World of Music, Arts and Dance) weekend get prepared to have it again.  

The full programme of the world’s biggest music festival has just been started.  This will continue for three-day on April 9. Well there is no doubt about the presence of the favorites like Baaba Maal, Afro Celt Sound System. This time Dhol Foundation will take centre stage mot only at the Abu Dhabi Corniche but also Al Ain’s Al Jahili Fort. This WOMAD weekend is full of surprises.

European watchdogs have given green signal for the Office of Fair Trading to appraise Thomas Cook's planned agreement to combine its travel retail trade with the Co-operative Group.

The travel operator had declared in October that the mutual group will consist of 1,200 retail shops, with Thomas Cook possessing 2/3 of the body, the Co- operative 30 % and the rest is going to Midlands Co-operative.

The contract between the 2nd and 3rd major high street operators along with the partners' overseas exchange and sail business, with synergies of £35m ($54m) per year probably, plus £10m in main Thomas Cook function.

Thousands of prospective MBA pupils from over 125 nations on six continents are gearing up for an global MBA fair featuring 56 of the world's top business schools -- and no one will even have to leave home to participate.

The GMATCH Virtual MBA Fair, shaped by the organization, which owns the GMAT exam, will make use of a graphically rich platform to let pupils to interact with school representatives and get used to management education through the web.

European nations approved on Friday that they will establish 6 confined marine areas in the northeast Atlantic in a proposal to step up the defense of the region's surroundings.

The conclusion was taken at a conference in the southwestern Norwegian city of Bergen of the OSPAR Commission, an organization done over with 15 regional countries, beside with the European Union, effort s to save the surroundings of the northeast Atlantic.

Having a dialogue in a live broadcast discussion at the Bloomberg TV channel, Babacan pointed out to the flexibility of the Turkish banking sector beside the fright of the global economic crisis and admired the solid position as amongst one of the main factors serving Turkey withstand the disaster without difficulty.

He further added that earlier, Turkey was extensively looked upon as a big trouble by the EU, but this observation is no further valid.

As the market leader in the passenger cars segment, Maruti Suzuki has been facing problems in the domestic circle with its market share falling below 50%, its export segment is also facing issues.

The MD & CEO of the company, Shinzo Nakanishi has recently said that it believes that the exports from the European market will be down by 20% in the current year. It is to be mentioned here that out of the total exports of 1.47 lakh the company made in the last year, close to 1.2 lakh units went to Europe.

European equity markets concluded stridently elevated Monday, ignited by upbeat economic data, sturdy earnings from the banking sector and a plunge up in the commodity prices that geared up the basic resources shares higher.

The financial institution HSBC, which is Europe's biggest bank by market capitalization, provided an optimistic joggle to sentiment when it recorded that net profit for the first half of 2010 two folded from the previous period as the bank piercingly curtailed impairment charges and booked a growth on the worth of its own debt.

Many of the European stocks climbed since the bulk of the territories banks cleared the stress tests, enhancing the poise in the financial system. The Asian equities benefitted and the U. S. index futures oscillated.

Moreover the BNP Paribas and Barclays augmented by more than 2 percent. BP plunged in by 2.2 percent as the oil group was believed to plan the reinstatement of chief executive officer. Connaught group jumped the ladders by 77 percent since the biggest U. K. public-housing Maintenance Company expressed that it needs urgent funding.

The European stress tests marked on 91 banks shall take into consideration that the bank fatalities only on government bonds they deal slightly than those they have to mellowness, as per the draft at European Central Bank document.

According to a classified manuscript dated July 22 and labeled as EU Stress Test Exercise: the Key Messages on Methodological Issues is about the restyling is utilized to the dealing book collections only, as no evasion supposition was deemed.