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Chinese bank profits surge in Middle East

Chinese bank profits surge in Middle East

Analysts predict that bilateral trade between China and the Middle East will reach between $350 and $500 billion by 2020.

Russian GDP boasts highest growth among G8 peers

Russian GDP boasts highest growth among G8 peers

The country also has the highest inflation rate in the Group of Eight nations.

Russia discovers new deposit with over 200 tons of gold

Russia discovers new deposit with over 200 tons of gold

The deposit has been registered with the Federal Agency for Subsoil Usage.

Brazil drops criminal charge against Chevron

Brazil drops criminal charge against Chevron

Chevron cleared of criminal charges in oil spill disaster, but civil case will continue.

Indian digital data stack as high as Everest

Indian digital data stack as high as Everest

The world's tallest peak, Mount Everest stands at 8,848 metres.

H&M retail entry a boost for India FDI

H&M retail entry a boost for India FDI

Analysts say that such initiatives could bolster Delhi's efforts to speed up economic recovery.

Online retail in Russia triples in the past four years

Online retail in Russia triples in the past four years

The number of internet users in Russia approached 60 million by the end of last year.

Russian Vodka production drops by a third

Russian Vodka production drops by a third

All of the major Russian vodka producers have experienced a decline.

Mahindra Satyam buys 51% stake in Brazil firm

Mahindra Satyam buys 51% stake in Brazil firm

The acquisition will help Mahindra Satyam make their way into the enterprise solutions market in Brazil.

Russia relaxes foreign ownership rules

Russia relaxes foreign ownership rules

Foreigners can currently hold only 25 per cent in capital in Russian businesses.