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©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.
05 September 2012
©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.
04 September 2012
©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.
01 September 2012
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.
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
©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.
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
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.
22 August 2012
©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.
22 August 2012
©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.
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
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.
08 August 2012
Photo courtesy of trak.in Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.
04 August 2012
Production of LADA cars. ©RIA Novosti Low-powered cars becoming popular in Kazakhstan 2,661 low-powered cars were sold this May: expert.
03 August 2012
A man buys fish on the first day of Ramadan in downtown Tunisia. ©REUTERS/Zoubeir Souissi Tunisians face costly Ramadan under first Islamist govt "These prices are unheard of! They are worse than the Ramadan heat wave," says Aisha, cradle in hand, sheltering from the blazing sun in Tunis' central market during the Muslim fasting month.
03 August 2012
Asian markets rise again on stimulus hopes Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012
Toyota world's top carmaker in first half: reports Toyota Motor has returned to the top of the global carmakers' league, Japanese media reported on Thursday, after the firm said it had sold almost five million vehicles in the first half of the year.
27 July 2012
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