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Africa/International
Russia hit by rising food prices due to drought
Prices of basic foodstuffs like buckwheat and flour have soared in Russia over the past month as the effects of its worst ever drought hit supplies, statistics showed Wednesday.
Inflation in Russia was 0.2 percent for the week 17-23…
Tobacco companies now advertise online
Tobacco companies could be using interactive websites such as YouTube to market their products to young people, according to a study.
Tobacco brands have always vehemently denied advertising on the internet, and several signed a voluntary…
Weak US housing, business data fuel ‘double-dip’ worries
New US homes sales fell to their lowest level in about half a century and manufacturing orders came in far worse than expected, the government said Wednesday, fueling concerns the world's largest economy could slip back into recession.…
Oil industry officials frustrate federal panel looking into spill
Federal investigators are showing increasing frustration at murky or nonresponsive answers from oil industry officials as they parse the causes of the worst offshore oil spill in U.S. history.
Since the hearings began in May, three BP…
Google to include phone calls on Gmail
Google Inc said users of Gmail will now be able to call telephones directly from their email, putting it in direct competition with Web calling service Skype and more traditional operators such as AT&T Inc and Verizon Communications.…
How one letter on plane tickets reveals so much about you
There are a few bits of information to pay close attention to on an airline ticket: the flight number, gate number and boarding time. Fare basis code? Not a common concern.
But the single-letter code can make a big difference in some parts…
Dell releases first smartphone at $100
Dell Inc on Tuesday released its first U.S. smartphone, entering the increasingly crowded market with a 3.5-inch Android device called the Aero that costs about $100 on AT&T network.
The long-anticipated move by the computer…
Chinese bestseller slams Goldman Sachs for financial crisis
Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world's No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China.
The "Goldman…
New oil-eating microbe found in Gulf of Mexico
A newly discovered type of oil-eating microbe is suddenly flourishing in the Gulf of Mexico.
Scientists discovered the new microbe while studying the underwater dispersion of millions of gallons of oil spilled into the Gulf following the…
UK’s emergency budget ‘hits the poor hardest’
George Osborne's emergency Budget hit the poorest hardest, a leading economic think-tank has said.
The Institute for Fiscal Studies (IFS) concluded that the biggest losers from the measures announced by the Chancellor in June were low…