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Blood clotting drug could save 100000 accident victims

Tue, 15/06/2010 - 16:53 by Neka Sehgal

According to a major study, thousands of lives could be saved worldwide if a cheap drug that stems bleeding is given to victims of violent crimes and accidents.

China, as cheap goods producer, may change

Tue, 08/06/2010 - 12:36 by Pankaj Damin

Beijing -- China's role as the world's premier low-cost manufacturer is shifting as wages and other costs rise, experts said.

"For a long time, China has been the anchor of global disinflation. But this may be the beginning of the end of an era," said Credit Suisse economist Dong Tao, The New York Times reported Monday.

Faced with rising criticism over a spate of worker suicides, one company, Foxconn Technology, makers of American brand smartphones and computers, said it would double salaries for many workers to improve their standard of living.