The euro held firm against the dollar and yen in Asian trade on Thursday after dropping overnight amid concerns about political upheaval in debt-hit Greece and strains on Spain's banking sector. The euro bought $1.2948 and 103.28 yen in Tokyo morning trade, stronger than $1.2944 and 102.98 yen in New York late Wednesday. The dollar strengthened against the Japanese currency, changing hands at 79.74 yen against 79.69 yen. Despite a breather …

The euro sagged against other major currencies in Asian trade Monday, as risk-averse investors flocked to the safe-haven yen following weaker-than-expected US jobs data. The European single currency was changing hands at $1.3050 and 106.38 yen Monday, slipping from $1.3070 and 107.53 yen in Tokyo trade on Friday. The dollar was at 81.52 yen, down from 82.27 yen. The Japanese currency rose after official data said February's current account, …

The euro was steady in early Asian trade Friday at the start of the Easter holiday weekend ahead of a US jobs report, after it lost ground on debt concerns over the past week. The eurozone unit bought $1.3064 and 107.58 yen in Tokyo morning trade, compared with $1.3057 and 107.52 yen in New York late Thursday. The dollar was changing hands at 82.36 yen, from 81.84 yen. "The pair of euro/dollar won't move much, but a clear break of technical …

European researchers said Thursday they have created a device invisible to a static magnetic field that could have practical military and medical applications. Fedor Gomory and colleagues in Slovakia and Spain designed a cloak for a direct current, or dc, magnetic field that is static and produced by a permanent magnet or coil carrying a direct current. DC magnetic fields are used in MRI imaging devices, in hospitals and in security systems, …

A unique thermosolar power station in southern Spain can shrug off cloudy days: energy stored when the sun shines lets it produce electricity even during the night. The Gemasolar station, up and running since last May, stands out in the plains of Andalusia. From the road between Seville and Cordoba, one can see its central tower lit up like a beacon by 2,600 solar mirrors, each 120 square metres (1,290 square feet), that surround it in an …

The world's oceans are turning acidic at what could be the fastest pace of any time in the past 300 million years, even more rapidly than during a monster emission of planet-warming carbon 56 million years ago, scientists said on Thursday. Looking back at that bygone warm period in Earth's history could offer help in forecasting the impact of human-spurred climate change, researchers said of a review of hundreds of studies of ancient climate records …

High levels of pollution may be turning the planet's oceans acidic at a faster rate than at any time in the past 300 million years, with unknown consequences for future sea life, researchers said Thursday. The acidification may be worse than during four major mass extinctions in history when natural pulses of carbon from asteroid impacts and volcanic eruptions caused global temperatures to soar, said the study in the journal Science. An international …

Crude was lower in Asian trade on Monday with traders withdrawing from the market as concerns linger about the depth of the European debt crisis, analysts said. New York's main contract, light sweet crude for delivery in January, fell 32 cents to $97.35 a barrel. Brent North Sea crude for January delivery shed 28 cents to $107.28. "Oil is continuing the trend from last Friday in the US, it's heading down," said Victor Shum, senior principal of …

Mahesh Businessman Teaser: Prince Mahesh Babu’s ‘The Businessman’ dialogue teaser will be released on November 11. According to sources, it’s been reported that Businessman trailer will be unveiled along with the much awaited first look stills of Mahesh Babu. Music director SS Thaman is currently working on the Businessman trailer and is expected to final cut it by next week. The talented music director already expressed his thrill on the Businessman …

Superstar Mahesh Babu’s upcoming Telugu movie ‘The Businessman’ is currently being shot in Mumbai. The Businessman shooting continues in Goa from Oct 27 and unit would be filming climax fight scenes on Mahesh Babu and rest of the casting. The film makers are planning to complete the entire shooting of the film by November and in December the film unit will go to Spain to can a couple of songs on lead pair. Kajal Agarwal is playing the female lead …