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CHINA DAILY - Wednesday October 1,2008
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WASHINGTON: The $700 billion US bailout bill failed to clear the House on Monday, triggering a mad scramble for a fresh plan to rescue a beleaguered financial market and prevent a global stock meltdown yesterday.
Nation
China has vowed to tighten regulation over the dairy industry by bringing all milk procurement stations in the country under one supervision system, a senior official said yesterday.
Business
Renault SA Chief Executive Officer Carlos Ghosn needs a new blockbuster to pull Europe's worst-performing auto stock out of a nosedive and defend his reputation. He may not get it when he introduces the revamped Megane compact at the Paris Motor Show this week.
International
A European tour group kidnapped in the Sahara Desert was abruptly freed after a phone call to one of the captors, and all 19 hostages piled into a single car, some clinging to the roof as they drove 200 miles to safety.
Life
Wujiang Road is a hot topic these days. The 400m road famous for its night market and street food will soon be no more.
Sports
INDEPENDENCE, Ohio: LeBron James keeps his Olympic gold medal in his home office, and from time to time Cleveland's star takes a peek at it.
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