News for week ended 31st October,2010

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News for week ended 31st October,2010

  1. 1.  Who are there to join are:- › Pepsico's India-born CEO Indra Nooyi › Honeywell CEO David M Cote › Terry McGraw, CEO of leading publishing house McGraw Hill › Louis Chênevert, CEO of aerospace major United Technologies Corp, › Ellen Kullman, chief executive of chemicals giant DuPont
  2. 2.  French President Nicolas Sarkozy sign a bill raising France's retirement age to 62 despite the massive protests and strikes it has sparked.  French parliament has passed the bill, which is now set to go before a council that will rule on whether it is constitutional  Unions have organized massive street protests and strikes that disrupted transport and shut down oil refineries.
  3. 3.  The US economy grew two percent in the third quarter, the Commerce Department.  Boosted by a rise in consumer spending.  The world's largest economy showed more signs of life in the July-September period,  After slowing to an annual rate of 1.7 percent in the second quarter from 3.7 percent in the first.
  4. 4.  Chinese Foreign Minister Yang Jiechi told US Secretary of State Hillary Clinton that China aims to be a "reliable supplier" of rare earth minerals.  "He made some very clear indications of how China is going to fulfil its contracts and to work with the international community and will be a reliable supplier," a senior State Department official said on condition of anonymity.
  5. 5.  White House has identified New Delhi as one of its best counterterrorism partners.  "The Indian government is one of our best CT (counter terrorism) partners," said John Brennan, Assistant to the President for Homeland Security and Counter-Terrorism.  "We share on a regular basis with the Indian government," Brennan said

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