Kazakhstan announces grain exports figure
Kazakhstan’s 2013 grain harvest (net weight) made up 18.9 million tons. According to the Kazakh Agriculture Ministry, grain exports in the 2013-2014 marketing year were estimated at about 7 million tons.
FedEx indicted for shipping illegal online pharmacy meds
The US Justice Department announced that package-delivery giant FedEx has been indicted for allegedly facilitating the distribution of controlled substances and prescription drugs sold by illegal online pharmacies.
China's growth speeds up to 7.5%, beats expectations
Chinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world's second-largest economy.
Government slaps $579 million penalty on India's Reliance
The Indian government has announced a new penalty of $579 million on the country's largest private company, Reliance Industries, for failing to meet commitments to supply gas for the fourth year in a row.
Gold shines as investors seek shelter; oil drops again
Gold prices zoomed this week to a four-month peak as investors sought shelter from weak eurozone data and fears of contagion from a bank's problems in Portugal, dealers said.
12 July 2014 16:25
Softbank in deal to merge Sprint, T-Mobile: report
Japan's SoftBank and Deutsche Telekom of Germany have reached a basic agreement for a merger between their US affiliates Sprint and T-Mobile US, the business daily Nikkei reported.