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Russia to sell $6 billion stake in Sberbank

Russia's biggest lender Sberbank plans to start a roadshow for the sale of a $6 billion government stake on April 16, in a move that underscores its arrival as a major player in a European industry decimated by the global financial crisis.
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George Clooney Testifies To Congress: War Crimes In Sudan [GRAPHIC VIDEO]

Oscar-nominated actor George Clooney testified before Congress on Wednesday about a humanitarian crisis taking place along the border of Sudan and South Sudan, where residents have been forced to seek refuge in the Nuba Mountains for fear of being killed by constant aerial bombing. Clooney returned from an eight-day trip in the area on Tuesday.
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China Mobile growth hopes pinned on iPhone tie-up, network upgrade

China Mobile <0941.HK>, the world's biggest carrier by number of subscribers, is set to post its slowest quarterly growth in almost two years on Thursday due to weak user rates, though the pace might pick up later this year if it attracts higher-end users with a network upgrade and lands an iPhone contract.
A worker inspects a Land Rover Discovery on the production line at their Production Facility in Solihull

India to Surpass Japan as No. 2 Asian Car Market by 2016

India will surpass Japan as the No. 2 vehicle market in Asia by 2016, according to a report in the Wall Street Journal based on data and research from IHS Automotive. The report also says that auto sales in China, Asia and the world's largest market, will continue to grow steadily through the rest of the decade.
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China's Tencent targets growth in online ads

Tencent Holdings Ltd, China's biggest internet company by revenue, plans to step up its expansion in social networking, search and e-commerce to attract more online advertisers as it looks to diversify from its competitive core gaming market.
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China's Wen bets final year on reform push

China must embrace slower growth and bolder political reform to keep its economy from faltering and to spread wealth more evenly, Premier Wen Jiabao said on Wednesday, vowing to use his last year in power to attack mounting discontent that he warned could end in chaos.
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U.S., EU, Japan take on China at WTO over rare earths

The United States, Europe and Japan have joined forces to challenge China's restrictions on exports of rare-earth metals, escalating a trade row over access to some of the most important raw materials used in advanced technologies.
Kabul, Afghanistan

Afghanistan: Does War-Battered Country Have Energy Wealth?

The Central Asian nation's natural gas production has plummeted during decades of conflict, to about 1 billion cubic feet per year as of 2009. But underground there could be vast stockpiles of gas as well as oil, potentially satisfying Afghanistan's energy needs for years.
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China to speed FX reform, allow freer yuan trade: Wen

China will intensify reforms of its currency regime and allow the yuan to float more freely, Premier Wen Jiabao said on Wednesday at the end of an annual parliament session punctuated by signs of a slowing economy.
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Solar power growth jumps to new record

The national solar industry installed a record number of panels in 2011, more than double 2010, and is likely to see strong growth again this year, according to a new report.

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