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China carmaker’s $400mn Brazil plant launches in 2013

China carmaker’s $400mn Brazil plant launches in 2013

In 2012, the Brazilian government announced tax breaks for carmakers to increase investment in the country.

Brazil adopts Basel III rules

Brazil adopts Basel III rules

The accord is designed to strengthen the ability of banks to withstand financial shocks.

US trade panel bans some Samsung phones

US trade panel bans some Samsung phones

The International Trade Commission ruled that some of Samsung's products infringe on portions of two Apple patents.

France, Spain bust people-smuggling ring

Investigators arrested 75 people in several Spanish cities including Barcelona, considered the base of operations.

India readies first indigenous nuclear submarine

India readies first indigenous nuclear submarine

This is a critical step in completing its nuclear triad.

UN president backs China, emerging economies

UN president backs China, emerging economies

China’s growth has slowed to to 7.5 per cent in the second quarter of 2013.

Tesco signs MOU with Chinese firm to merge 131 stores

Tesco signs MOU with Chinese firm to merge 131 stores

The Chinese company would hold a majority stake of 80 per cent in the new venture.

Russia, US officials meet for 2+2 in Washington

Russia, US officials meet for 2+2 in Washington

The two sides stand divided on approaches to resolving the Syrian crisis.

SA-China capital market forum launched

SA-China capital market forum launched

China's trade with the African nation last year reached $60 billion.

China retail sales grow 13.2%, inflation steady

China retail sales grow 13.2%, inflation steady

The Asian nation's government has set an inflation target of 3.5 per cent for 2013.