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•	Unsold houses create ghost towns
	The U.S. housing downturn has spawned ghost towns of newly constructed California subdivisions sitting vacant for lack of buyers, an analysis found.

•	Fishermen protest Sri Lankan Navys atrocities
	This fishing town on the east coast of Tamil Nadu wore a deserted look Saturday as hundreds of fishermen went on an indefinite strike to protest atrocities and attacks by Sri Lankas navy.

•	One in 8 British homes in negative equity
	One in eight British mortgage holders who have purchased homes since early 2007 already owe more than their houses are worth, an analysis indicates.

•	Dalit meet in US demands private sector quota
	Seeking affirmative action for marginalised Dalits and minorities in India, an international meet in the US has made a strong demand for reservation in the private sector besides a quota in the sphere of judiciary.

•	After 48 years, government widens ambit for PF beneficiaries
	After 48 years, the government Saturday widened the ambit for provident fund (PF) beneficiaries by reducing the threshold limit to 20 employees in case of co-operative bodies and 10 in respect of others.

•	Kindle seen as transitional technology
	The Amazon Kindle electronic book device is slowly gaining traction among book readers but still may be too expensive for a mainstream audience, analysts say.

•	Part-time workers rising in Japan
	The Japanese government says part-time, temporary and contract workers now make up a record 35.5 percent of Japans workforce.

•	Inflation in Pakistan 31 percent in a week
	Latest figures issued by Pakistans Federal Bureau of Statistics indicate that inflation has jumped over 31 per cent during the last one week.

•	CII, Delhi University retail sector program to commence from Monday(Embargoed for publication till July 6, 2008)
	In order to maintain Indias competitive edge, the Confederation of Indian Industry (CII) has joined hands with Delhi University (DU) to empower students to benefit from the growing opportunities in the industrial sector and address the skill shortages faced by Indian industry. The effort underlies CIIs efforts to make India a knowledge economy based on human skills and equitable opportunity.

•	Power tariffs soar in Punjab
	The Punjab State Electricity Regulatory Commission (PSERC) announced an increase of 8 to 11 paise per unit in the power tariffs for both domestic and industrial consumers in the state.

•	Kingfisher likely to buy into SpiceJet
	UB Group chairman Vijay Mallya is in talks with two major share holders of New Delhi-based low cost carrier SpiceJet to buy the airline.

•	Report: NBC near Weather Channel deal
	Sources say General Electric Co. subsidiary NBC Universal is preparing to pay $3.5 billion to buy the Weather Channel, a U.S. cable television mainstay.

•	Fight climate change to secure economies: Brown
	British Prime Minister Gordon Brown Saturday called on the Group of Eight (G-8) industrialised countries to boost their efforts to fight climate change issues for the sake of their economies.

•	Distillery by-product helps increase milk production
	Liquor may be bad for health but its by-product from a newly established distillery in Punjabs border district of Gurdaspur is proving a boon for farmers in the area.

•	British consumers favoring green fish
	Food industry officials say fish species once considered good only for cats are making surges in the British market because theyre thought to be greener.

•	Indian tourists now outspend Americans in Britain
	The number of Indian tourists to Britain has grown by 170 percent since 1993, and they are outspending American visitors, a report said Saturday.

•	Amar Singh mounts attack on Chidambaram, Deora
	The Samajwadi Party, which is expected to extend outside support to Prime Minister Manmohan Singhs government, Saturday stepped up its attack on Finance Minister P. Chidambaram and Petroleum Minister Murli Deora.

•	Land conversions made simpler in Gujarat
	The state government has come out with a new policy that will make it easy to convert agricultural land to commercial non-agricultural land.

•	Percept Picture to release Hancock in India
	After successfully releasing Spiderman 3 in India last year, Percept Picture Co (PPC) has acquired distribution rights of yet another Hollywood movie Hancock to be screened July 11 in the country.

•	Indian for top slot in global food body
	Agricultural and Processed Food Products Export Development Authority (Apeda) director Sanjay Dave has become the first Indian to be elected the vice-chair of Codex Alimentarius Commission (CAC), an international body with 170 member countries.

•	Indian equity markets fall for seventh consecutive week (Weekly roundup)
	Indian equity markets recorded their seventh consecutive week on the decline, due to rising crude oil prices, inflation worries and looming political uncertainty. Out of the five trading sessions in the week, three ended in the negative.

•	Ancient Indian farming technique picks up in mango belt
	Four years ago, when a Lucknow-based horticulture institute floated the idea of homa-farming, cultivators in the mango belt of Kakori and Malihabad adopted it in droves.

•	Chhattisgarh crippled by shutdown
	Road and rail traffic in several parts of Chhattisgarh were hit Saturday by a daylong statewide shutdown called by a community that wants the government to hand over a private, disputed plot of land to them.

•	Harley Museum to open in Milwaukee
	A museum celebrating Harley Davidson motorcycles is preparing to open in Milwaukee.

•	Confidence and optimism return to Baghdad and Basra
	Six months ago, anyone driving a truck at night on the highway linking Baghdad and Iraqs most southerly city of Basra would have needed nerves of steel or had to be suicidal. Now, since the offensive that got going last March against Shia militias and criminal gangs in Basra, the night highway is relatively safe.

•	Japan is spending and primping before big G8 event
	Japans northern town of Toyako is known for its beautiful green surroundings, blue lake and majestic mountains, but despite its natural beauty the area is still getting some touch ups ahead of the G8 summit meeting July 7-9.

•	Judge rules Pringles chips are food
	A British judge has ruled that Pringles potato chips are food, a determination that could save Proctor andamp; Gamble millions in tax.

•	De Beers, Ontario reach diamond deal
	De Beers Canada, operator of the first diamond mine in Ontario, said Saturday 10 percent of its production will be available for processing in the province.

•	Airline axing 250 jobs for fuel costs
	Spirit Airlines of Miramar, Fla., has announced about 250 jobs will be eliminated and capacity will be cut by 6 percent to help offset fuel prices.

•	Canadians reticent to give personal data
	Nearly half of all Canadians have refused to give personal information to a retailer, fearing loss of privacy, a survey indicates.

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