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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.

13 September 2012

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.

06 September 2012

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.

06 September 2012

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.

06 September 2012

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.

06 September 2012

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.

05 September 2012

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.

04 September 2012

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.

01 September 2012

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.

29 August 2012

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.

28 August 2012

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.

27 August 2012

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.

27 August 2012

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.

25 August 2012

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.

23 August 2012

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.

22 August 2012

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.

22 August 2012

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.

16 August 2012

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.

16 August 2012

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.

14 August 2012

Buying used cars more feasible for Kazakhstan residents Used cars are a better option by price-quality ratio than new ones: Eduard Edokov.

08 August 2012

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