Russian Prime Minister Vladimir Putin has instructed VTB Bank, which the government has a 75.5 percent stake in, to pay out more than $500 million to “Mom and Pop” investors who saw their investments in the bank cut by nearly half since a disastrous 2007 initial public offering by the bank.
The Internet has been one of the greatest drivers of globalization, keeping people all over the world connected. But do we know how many have been excluded and falling through the cracks of the digital divide?
Remember the recent outcry over SOPA, and how millions were affected by Wikipedia’s 24 hour protest blackout? What about last year’s Occupy Movement, which was successfully organised with information disseminated efficiently via the Internet?
iPhone fans have created a petition calling on Apple’s upcoming iPhone 5 to be one that is ethically assembled. But the bigger issue is can there ever be an ethical iPhone?
The online campaign that has so far gathered 155,000 signatures calls on Apple to treat its Foxconn workers better, to “release a worker protection strategy for new product releases”, arguing that assembly workers are more prone to work-related injuries when stress levels are high.
Consuming too much sugar is just as harmful and addictive to you as smoking a cigarette or drinking alcohol, claimed researchers from the University of California-San Francisco (USCF) in an editorial published in Nature on Wednesday.
The Deutsche Bundesbank, Germany’s central bank, is now 228 billion euros ($300.5 billion) in debt, reported The Telegraph on Wednesday, after using up its entire stock of private assets to prop up the eurozone’s financial system.
Can having more money make you happier? A report from Britain thinks otherwise: Britons have become richer in the last 60 years but they are also more stressed.
According to a recent report by the Chartered Institute of Personnel and Development (CIPD), Britons are a lot more stressed from work, citing longer working hours and a rise in unemployment as the key causes.
Furthermore, the report claims that the number of households without a single source of income has increased from 4 percent in 1952 to the current 18.8 percent.
South Sudan has rejected a proposal by the African Union to pay its neighbours Sudan $6.5 billion for oil transit fees, reported the Financial Times on Tuesday, with the two nations still locked in a stalemate over shared oil revenues since separating on 9 July 2011.
“We could not sign; they (Sudan) were stealing the oil and obstructing the flow of our oil, and this robbery continues up to today,” said South Sudan’s chief negotiator Pagan Amum, while questioning the African Union’s (AU) motives in participating with the cross-border talks.
President Barack Obama’s old car is on sale. In mint condition, his Chrysler clocked just slightly above 20,000 miles in its three years of service and is commanding an asking price of 5,000 percent above its resale value. Just how much is it selling for?
If you’re interested in cars with a history, you might just be interested in the President’s old ride. No, we’re not talking about vintage cars. It’s a regular 2005 Chrysler 300C, maintained in pristine condition.
Is this a hoax? It seems not.
The number of illegal marijuana plantations in Northern Mexico has “declined considerably” over the last few months, told a Mexican army commander to the Associated Press on Tuesday, as a devastating drought continues to wreck havoc on the country’s water supply to both its population and cropland.
Starbucks has finally broken through India’s high barriers to entry and partnered with India’s flagship conglomerate Tata in a 50-50 joint venture, to start serving coffee and lattes across the country, starting with her two largest cities Delhi and Mumbai.
Until now India has remained one of the last untapped markets for the world’s largest coffee retailer, which has operations in 57 countries.
