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China will become the world’s largest online retail market by 2020

China’s online sales are forecast to exceed $420 billion annually by 2020, which will likely make the country the world’s largest online retail market, a study showed Thursday. Global management consulting firm McKinsey & Co said sales are expected to reach between $420 billion and $650 billion, driven by a…

KKK to protest Memphis stripping white supremacist’s name from public park

Memphis city council voted to re-label park named for Nathan Bedford Forrest Park, Confederate general and former Klansman Members of a branch of the Ku Klux Klan planning a protest in Memphis, Tennessee, this month, after the city’s council voted to strip the name of a former Klan member from…

Princess Leia hologram could become reality

Scientists have created a 3D display that could mimic the Princess Leia hologram in Star Wars – even on mobile phones Scientists have created a glasses-free, 3D display that could mimic the famous hologram projection of Princess Leia in the original 1977 Star Wars film. The display is small and…

Hong Kong tops world cities for light pollution

Hong Kong is one of the world’s worst cities for light pollution with night skies around 1,000 times brighter than globally accepted levels, researchers said Wednesday ahead of this year’s Earth Hour event. A study by Hong Kong University found that brightness levels in the southern Chinese city’s popular shopping…

Yahoo buys personal recommendation app Jybe

Yahoo! on Wednesday announced that it has bought Jybe, the startup behind a smartphone application that makes local entertainment or dining recommendations based on what people like. The Jybe team of five employees, all former Yahoo! workers, will return to the fold at the Sunnyvale, California-based firm, according to cloud…

Freddie Mac sues big banks over Libor-rigging scandal

US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world’s biggest banks over losses from the alleged rigging of the Libor interest rate. Freddie Mac, in a March 14 court filing made public Tuesday, took legal action against Bank of America, JPMorgan Chase and Citigroup,…

London museum showcases singer Bowie’s career

Outrageous costumes and hand-scrawled lyrics are among hundreds of items going on show in a major London retrospective tracing David Bowie’s relentless self-reinventions over five decades. Charting the British singer’s rise to fame and his reincarnations as Ziggy Stardust and other outlandish alter egos, the “David Bowie Is” exhibition has…

French police raid IMF chief Lagarde’s home

French police on Wednesday carried out a raid on the Paris home of IMF chief Christine Lagarde in connection with a probe into her handling of a high-profile scandal when she was a government minister. The investigation concerns Lagarde’s 2007 decision to order a panel of judges to arbitrate in…

Original of ‘world’s most popular’ art print sold in London

A picture dubbed the most reproduced fine art print in the world sold at auction in London on Wednesday for almost £1 million, a record for South African artist Vladimir Tretchikoff. “Chinese Girl” was bought by the chairman of Graff Diamonds International, Laurence Graff, for £982,050, Bonhams auctioneers said. “It’s…

Pope calls for ‘friendship and respect’ of all faiths

Pope Francis on Wednesday called for “friendship and respect” among all faiths at a meeting with representatives of major world religions in the Vatican. The Roman Catholic Church would “promote friendship and respect between men and women of different religions,” the pope said, a day after his formal inauguration in…

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