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Uzbekistan bans foreign currency trading

Tashkent, Feb 5 (IANS/RIA Novosti) Uzbekistan has made trading with foreign currency a criminal offence, the latest in a string of measures aimed at preventing the global market slump from eating into the Central Asian republic's reserves.

No fuel in Russia for French-built warship

Moscow, Feb 5 (IANS/RIA Novosti) Russia does not produce the type of fuel necessary for the French-made Mistral-class amphibious assault vessels it has ordered, Deputy Prime Minister Dmitry Rogozin said Tuesday. The Mistral class are powered by electric motors supplied by diesel-powered turbogenerators, according to naval-technology.com. Diesel fuel can suffer from a condition known as waxing or gelling in cold conditions, causing it to clog up fuel injection systems, naval systems engineers say.

Wipro unveils aerospace facility in Bangalore SEZ

Bangalore, Feb 5 (IANS) IT major Wipro Ltd's global hydraulics business Tuesday unveiled its aerospace facility in the special economic zone (SEZ) at Devanahalli near the airport on the city's outskirts. Set up with an upfront investment of Rs.650 million in a 7.2 acre campus, the country's first of its kind plant has an installed capacity to manufacture about 2,000 actuators annually for various aerospace applications. An actuator is a device used to control hydraulic fluid or pneumatic pressure in a mechanical or electronic system and convert this energy into motion.

Smriti leads in second leg of Hero Women’s Golf

Kolkata, Feb 5 (IANS) Smriti Mehra was leading in the second leg of the Hero Women's Professional Golf Tour event at the Tollygunge Golf Club here Tuesday Smriti moved two points clear of Vani Kapoor after the first round. Smriti, who topped the Hero Order of Merit in 2012, had four birdies and just one bogey in her score of three under 67.

I find US fascinating: Emma Watson

Los Angeles, Feb 5 (IANS) It "surprises" her, it's also "scary" -- but actress Emma Watson loves living in the US, a country that "fascinates" her as well. She returned to Brown University in January to resume her English literature studies at the Ivy League institution. "I live in the

Sensex closes half percent down, consumer durables, bank stocks plummet

Mumbai, Feb 5 (IANS) A benchmark index for Indian equities markets Tuesday fell nearly half a percent -- its lowest level since Jan 1 -- as consumer durables, bank and metal stocks saw heavy selling.

Religion goes digital: Saudi Arabia connects with instant Quran

New Delhi, Feb 5 (IANS) The digital revolution is spurring a slow transformation in the spiritual classrooms of one of most conservative bastions of faith. More and more Muslims in India, South Asia and around the world are logging on to the internet to read the Holy Quran, which is moving to the digital domain keeping in tune with the proliferation of e-books. The node of all Quranic translation activity in Saudi Arabia, the "King Fahd Complex for the Printing of the Holy Qura'n" - a Quran printing and translation factory in Medina - is reaching out to new readers in India and South Asia with digital and voice translations of the holy book in Urdu and English for greater people-to-people cultural understanding.

Moura keen to cement Brazil spot

Rio de Janeiro, Feb 5 (IANS) Paris Saint-Germain winger Lucas Moura says he is ready to cement his place in Luiz Felipe Scolari's Brazilian team. Moura, who was used sparingly by Scolari's predecessor Mano Menezes, is expected to start in Wednesday's international friendly between Brazil and England at Wembley Stadium, reports Xinhua. The 20-year-old says his game has already evolved since his 45 million euro move to PSG from Brazilian club Sao Paulo last month

Mars Express has mapped most of Martian surface

Paris, Feb 5 (IANS/EFE) The Mars Express space probe, which this year celebrates the 10th anniversary of its launch, has mapped almost 90 percent of the surface of the Red Planet, the European Space Agency announced Monday. The photographs of the planet's surface have been taken from orbit around Mars with the probe's High Resolution Stereo Camera, which is capturing the images in colour, in three dimensions and with a resolution of about 10 meters per pixel

Week Ahead Market Report: 2/4/2013

Investors are kicking off the new trading week assessing stronger US and Chinese economic data, while the euro slips further and Spanish bond yields rise as growing political uncertainty in southern Europe irks investors. Good morning this is Kristin Bianco with the Week Ahead Market Report for February 4,