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New York oil rises despite record US supplies Oil prices rallied in New York Thursday despite US stockpiles hitting a fresh all-time high, while Brent slipped.

01 June 2013

Google eyes emerging markets networks: report Google has become deeply involved in a series of projects to build and operate wireless networks in emerging markets including sub-Saharan Africa and Southeast Asia.

26 May 2013

Business aviation still waiting recovery to find its wings Manufacturers of business jets can look forward to climbing sales in the years to come thanks to emerging markets as they gather in Switzerland for an annual air show, having survived the turbulence of the global financial crisis.

21 May 2013

Chinese PM vows to open up markets to India Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries.

21 May 2013

Foreign buyers descend on Sicily for bargain property Foreign buyers are swooping on deserted villages in Sicily to snap up homes for as little as 10,000 euros ($13,000), propping up a property market in freefall as Italy suffers its longest-ever recession.

21 May 2013

Toyota becomes Asia's biggest firm by market value Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.

16 May 2013

Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.

04 May 2013

Oil takes breather in Asia after strong rally Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.

03 May 2013

Zuckerberg paid more than $2 bln at Facebook in 2012 Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world's leading social network.

27 April 2013

S. Korea economy grows at fastest pace for two years South Korea's economy grew at its fastest pace in two years in the first quarter of this year as exports bounced back despite competition from a weak yen.

25 April 2013

Swiss watchmakers keep wary eye on China The world's biggest watch fair is set to open this week in Basel amid growing uncertainty over whether the industry can keep up its momentum and rake in another year of record sales in China.

23 April 2013

Auto makers show off vehicles in key China market Global car makers Saturday showed off hundreds of gleaming models ahead of the opening of the Shanghai auto show, vying for attention with glitzy shows as they target the crucial Chinese market, the world's largest.

20 April 2013

Chrysler will take losses on electric cars: CEO Chrysler Group stands to lose $10,000 on every battery-powered Fiat 500 it sells in California..

19 April 2013

World car firms see China market as saviour Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes.

19 April 2013

Gold claws back losses after biggest fall in 30 years Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.

17 April 2013

Kazakhstan residents spent $1.5 billion online in 2012 Kazakhstan residents made online purchases worth almost $1.5 billion in 2012, but only $60 million fell on the local Internet market: Nazarbayev.

16 April 2013

Oil tumbles for second day on slower Chinese growth Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.

16 April 2013

Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.

15 April 2013

With back against wall, Portugal pushes on with austerity Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.

10 April 2013

Huawei looks to win back faith of United States Chinese tech giant Huawei said Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled it a security threat last year.

08 April 2013

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