World RoundUp November 5

• Source: Global Times
• [01:22 November 05 2009]
• Comments

Gold surges to new high

The price of gold leapt to a record peak of $1,095.40 an ounce in trading in London Wednesday in the wake of the International Monetary Fund's massive sale of the precious metal to India, refreshing the previous high of $1,087.80 on Tuesday.

500m mobile users

India's telephone customer base has crossed the 500 million mark, quite ahead of the schedule originally set for the end of 2010, official figures released Wednesday showed.

Eurozone grows fastest

Private sector business activity in the 16-nation eurozone grew in October at its fastest rate since 2007, with France leading the way, a survey showed Wednesday.

Panasonic eyes Sanyo

Japan's Panasonic said Wednesday that it would launch a delayed takeover bid worth at least $4.5 billion for its struggling smaller rival Sanyo Electric this week.

War threat over plant

Indigenous tribes in northern Brazil Wednesday threatened 'warlike" action over plans to build a hydroelectric plant that would flood their region in the Amazon.

Agencies