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©Reuters/Daniel Munoz
Ford to open plants in China, Brazil; add 5,000 US jobs

US automaker Ford said Thursday it will open two new plants in China and a third in Brazil next year while adding more than 5,000 jobs in the United States.

Ford to open plants in China, Brazil; add 5,000 US jobs
Brazil's President Dilma Rousseff, India's Prime Minister Manmohan Singh, Russia's President Vladimir Putin, China's President Xi Jinping and South African President Jacob Zuma (L-R). ©Reuters/Sergei
Hit like ton of BRICS: 2013 tough year for emerging markets

Only recently hailed as the saviours of the world economy, emerging markets had a tough year in 2013, hit by slow growth, market instability and social unrest that have worried investors -- though some analysts say the fear is overblown.

Hit like ton of BRICS: 2013 tough year for emerging markets
A fire at the flea market in Almaty on November 17. ©Vladimir Prokopenko
Almaty's flea market on fire again

The largest flea market of Almaty city has been burning again.

Almaty's flea market on fire again
©Reuters/Barry Huang
Apple wins court battle against Samsung

South Korea's Samsung on Thursday lost its latest claim in a long-running global copyright battle against bitter rival Apple, a surprise blow to the electronics giant in its home market.

Apple wins court battle against Samsung
Chinese investors look to mine Bitcoin volatility
Chinese investors look to mine Bitcoin volatility

Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.

Chinese investors look to mine Bitcoin volatility
Israel, Jordan, Palestinians to sign Red Sea-Dead Sea deal
Israel, Jordan, Palestinians to sign Red Sea-Dead Sea deal

Representatives of Israel, Jordan and the Palestinians will on Monday sign a "historic" agreement to link the Red Sea with the shrinking Dead Sea, an Israeli minister said.

Israel, Jordan, Palestinians to sign Red Sea-Dead Sea deal
Job seekers. ©Reuters/Mike Segar
US jobless rate drops to five-year low

The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program.

US jobless rate drops to five-year low
WTO pact in doubt after Latin America objections
WTO pact in doubt after Latin America objections

Negotiations on a global trade deal teetered on the brink of collapse Saturday as Latin American countries objected to the removal of a reference to the US embargo on Cuba, the WTO said.

WTO pact in doubt after Latin America objections
Make-or-break WTO meeting goes down to the wire
Make-or-break WTO meeting goes down to the wire

Commerce ministers engaged in an eleventh-hour flurry of diplomacy on Friday, hoping to save a WTO package amid stark warnings that failure could permanently cripple the global trade body.

Make-or-break WTO meeting goes down to the wire
Ford's Mustang muscle car gets 50th birthday makeover
Ford's Mustang muscle car gets 50th birthday makeover

The Mustang, the iconic American muscle car, got a makeover for its 50th anniversary Thursday, with Ford aiming to repeat is huge US success in global markets such as China.

Ford's Mustang muscle car gets 50th birthday makeover
China may mean gold for Apple
China may mean gold for Apple

It could be a huge breakthrough for Apple to win a place in the line-up of China's largest telecom provider and a big shakeup for the smartphone market.

China may mean gold for Apple
Almaty Toyota spare parts traders asking to permit parallel imports
Almaty Toyota spare parts traders asking to permit parallel imports

Owners of dozens of Toyota spare parts shops that were closed down in the end of November have applied to the Kazakhstan Government asking to permit parallel imports of the original spare parts.

Almaty Toyota spare parts traders asking to permit parallel imports
Qantas to cut 1,000 jobs, says challenges "immense"
Qantas to cut 1,000 jobs, says challenges "immense"

Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).

Qantas to cut 1,000 jobs, says challenges "immense"
©Reuters/Toru Hanai
Japan Tobacco and Philip Morris buy 40% of Russian distributor

Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.

Japan Tobacco and Philip Morris buy 40% of Russian distributor
Photo courtesy of freefoto.com
Pay-what-you-like restaurant in China loses thousands

A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model.

Pay-what-you-like restaurant in China loses thousands
Apple iPad Air tablet. ©Reuters/Mike Segar
Tablet computer sales losing steam: survey

Tablet computers have been one of the hottest items in tech in recent years, but sizzling growth is likely to slow in the coming years, a market tracker said Tuesday.

Tablet computer sales losing steam: survey
OPEC to sit tight over oil output on supply strains
OPEC to sit tight over oil output on supply strains

OPEC is set to stick to its oil output limit at a meeting here on Wednesday, even as Iraq and Iran eye higher crude exports amid slashed Libyan production.

OPEC to sit tight over oil output on supply strains
Maduro says gov't in Venezuela will set car prices
Maduro says gov't in Venezuela will set car prices

President Nicolas Maduro said Monday his leftist government will set car prices in a bid to lower their cost.

Maduro says gov't in Venezuela will set car prices
Tengrinews.kz file photo
Production of Kazakh national Talkan dish launched

Production of Talkan - a Kazakh national dish made from sprouted wheat - has been launched in Kazakhstan for the first time ever.

Production of Kazakh national Talkan dish launched
The prices of gasoline, ethanol and diesel fuel are shown at a gas station at Copacabana Beach in Rio de Janeiro November 29, 2013.©Reuters/Ricardo Moraes
Despite rising demand, Brazil ethanol sector struggles

Hobbled by rising production costs and low prices, Brazil's ethanol sector is in crisis, with many sugar mills closing despite rising demand.

Despite rising demand, Brazil ethanol sector struggles