site.news_by_theme Market

 Zuckerberg eyes mobile after Facebook IPO flop
Zuckerberg eyes mobile after Facebook IPO flop

Facebook founder Mark Zuckerberg said Tuesday the social network giant is focused on mobile devices and should be seen as a smart bet despite a "disappointing" stock market debut.

Zuckerberg eyes mobile after Facebook IPO flop
Brazil is world's largest crack market: study
Brazil is world's largest crack market: study

Brazil is the world's largest market for crack and the second for overall cocaine use, researchers from the Federal University of Sao Paulo (UNIFESP) said Wednesday.

Brazil is world's largest crack market: study
©REUTERS
Oxfam warns food prices to soar due to climate change

Staple food prices may double within the next two decades due to climate change and an increase in extreme weather including droughts and hurricanes.

Oxfam warns food prices to soar due to climate change
Photo courtesy of absinthejailbreak.org
Google-Microsoft field smartphones to take on iPhone 5

Google and Microsoft have introduced new champions in the fiercely competitive smartphone arena a week ahead of what is likely to be the hotly-anticipated debut of a next-generation iPhone by Apple.

Google-Microsoft field smartphones to take on iPhone 5
©REUTERS
China slowdown biggest risk to Asian growth: survey

A slowdown in China's economy is perceived as the biggest risk to Asia's economic growth, a survey of regional powerbrokers released Wednesday said.

China slowdown biggest risk to Asian growth: survey
©REUTERS/Yuriko Nakao
Coffee giant Starbucks taps into tea-loving India

Starbucks is betting on big returns as it seeks to lure an expanding legion of coffee lovers in India -- primarily a tea-drinking nation where lifestyle changes have spawned a booming market for cafes.

Coffee giant Starbucks taps into tea-loving India
©REUTERS/Alex Domanski
Moody's downgrades EU rating outlook to 'negative'

Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

Moody's downgrades EU rating outlook to 'negative'
©REUTERS/Mike Blake
Coca-Cola available but expensive in N. Korea: defectors

Coca-Cola has been available at private markets in North Korea for more than a decade even if the US soft drink maker has not opened business in the communist state.

Coca-Cola available but expensive in N. Korea: defectors
Photo courtesy of gcapitain.com
Brazil to deploy world's first floating oil terminal

Brazil's state-owned energy giant Petrobras said Tuesday it will deploy the world's first floating oil terminal capable of refueling tankers on the high seas.

Brazil to deploy world's first floating oil terminal
Apple hits new record after big US court victory
Apple hits new record after big US court victory

Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.

Apple hits new record after big US court victory
 Samsung shares plunge after US Apple patents verdict
Samsung shares plunge after US Apple patents verdict

Shares in Samsung Electronics opened 6.75 percent lower Monday after a US court fined the South Korean firm $1.05 billion for breaching Apple's patents.

Samsung shares plunge after US Apple patents verdict
BHP offloads Australian uranium project to Cameco
BHP offloads Australian uranium project to Cameco

BHP Billiton on Monday said it was selling one of Australia's largest underdeveloped uranium mines to Cameco for US$430 million, just days after delaying its Olympic Dam copper and uranium project.

BHP offloads Australian uranium project to Cameco
©REUTERS/Jianan Yu
Faded US stimulus hopes weigh on oil prices

Oil prices were mixed Thursday amid fresh doubts about hoped-for US Federal Reserve stimulus and a bleaker energy demand outlook in China and Europe.

Faded US stimulus hopes weigh on oil prices
Facebook at half-price: which way now?
Facebook at half-price: which way now?

If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.

Facebook at half-price: which way now?
Chevron Corp's refinery. ©REUTERS/Robert Galbraith
Australia sees China chance in Chevron gas exit

Australian officials on Tuesday welcomed Chevron's decision to bow out of Woodside Petroleum's massive Browse liquefied natural gas project as a chance for Chinese investors to buy in.

Australia sees China chance in Chevron gas exit
©REUTERS/Brendan McDermid
Apple is most valuable company ever at $622 bn

Apple on Monday dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.

Apple is most valuable company ever at $622 bn
©REUTERS
Average Kazakhstan citizen ready to spend $16 thousand on car

Kazakhstan Car Business Association made a list of cars that Kazakhstan residents can buy for $16 thousand.

Average Kazakhstan citizen ready to spend $16 thousand on car
Asia eyes Brazil's growing consumer market
Asia eyes Brazil's growing consumer market

With Europe and the US in the economic doldrums, Asian manufacturers are setting their sights on Brazil's lucrative consumer market ahead of the 2014 World Cup and the 2016 Olympics.

Asia eyes Brazil's growing consumer market
Brent crude oil price hits three-month high
Brent crude oil price hits three-month high

Crude prices finished mixed Monday after early jumps, with Brent topping $115 a barrel before settling back for a modest gain.

Brent crude oil price hits three-month high
Photo courtesy of allday.ru
Buying used cars more feasible for Kazakhstan residents

Used cars are a better option by price-quality ratio than new ones: Eduard Edokov.

Buying used cars more feasible for Kazakhstan residents