• Mercedes Benz becomes global Masters sponsor

    Mercedes-Benz has upgraded its corporate involvement at the Masters by becoming one of three global sponsors, allowing the German-based automaker to air television ads during the limited commercial space in domestic telecasts.

    Augusta National chairman Billy Payne said Tuesday that …

  • ADB flags danger of Asia ‘asset bubbles’

    NEW DELHI — Emerging Asia needs to be on guard against “asset bubbles” as central banks globally loosen monetary policy, the Asia Development Bank’s managing director warned on Friday.

    Last month, Japan’s central bank announced it would pump $1.4 trillion …

  • Dubai’s skyscrapers could become towering infernos


     

    DUBAI — New skycrapers popping up in Dubai are feared to pose dangers to their occupants as they are covered with aluminum facades, which are highly inflamable, Fox News said on Friday.

    “Shiny, new skyscrapers are popping up along …

  • Global oil reserves


    Dr. Sami Alnuaim

    As a result to the comments/discussion I had received in relation to the article that I wrote and was published in this column two weeks ago under the title: ‘The Falsehood of Peak Oil Theory’, I would …

  • Bharti Airtel to sell 5% stake to Qatar Foundation for $1.26b

    NEW DELHI/DUBAI — Gulf state Qatar has bought a 5 percent stake in telecoms firm Bharti Airtel Ltd. for $1.26 billion, the firm said on Friday, extending an overseas buying spree from mainly developed countries to Asia’s third-largest economy.

    The …

  • Agricultural Brazil suffers from spiraling food prices


    A worker packs tomatoes in a farm in Salto, 100 km west of Sao Paulo. As Brazilian policymakers try to contain the fastest inflation rate the South American country has seen in years without disrupting a fragile economic recovery, increasingly …

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