Following the explosion onboard Russian aircraft Tu-154B in Serbia on Saturday, the country’s Federal Transport Overseeing Service, Rostransnadzor, has asked airlines to ban services of the passenger jet until the causes of the explosion are known.
India’s third biggest software services company Wipro Ltd is building the nation’s fastest supercomputer for space agency Indian Space Research Organization (ISRO) to help the agency crunch large volumes of data that is critical for designing complex launch vehicles.
Australia's relief over the years of drought being finally broken by rain in December was short-lived as its states now brace for flooding which the government has described as biblical.
The devastating floods in Queensland Australia has driven up the prices of certain commodities, including coal, wheat and sugar. With warnings that the flood may not recede for weeks, the longer-term impact on commodity prices becomes a great concern.
South Africa is about to join the Brazil, Russia, India and China (BRIC) grouping and will attend the first summit of the leading emerging economies in April this year, but doubts remain over the suitability of the African nation to be in the exclusive club of the fast-growing economies.
Russia is not ready for the growth of domestic and inbound tourism as the country still has bad roads and undeveloped infrastructure.
At least one woman has reportedly died and another thirty-four people received severe injuries after an explosion on a Russian passenger jet on Saturday. Flames broke out in Tu-154M passenger jet and it was forced to make an emergency landing in the Siberian city of Surgut, Officials maintained that the engine exploded after takeoff.
These predictions come from Richard Kang, Chief Investment Officer and Director of Research at Emerging Global Shares, an ETF company focused on the emerging markets.
The recent snowstorms in the northeastern U.S. and a similar blizzard last year might make some doubt the climate is changing. The short answer is: no, and in fact some of the people who study climate predicted wetter winters - and more snow, at least for a while.
The disco King was found dead in his hotel room while on tour in Russia
In the legal sector, many lawyers are leaving their law firms in search of greener pastures during the Holiday Season.
The year 2010 has seen the emergence and growth of one of the strongest markets for luxury industry in the world - China.
The stars of motoring show 'Top Gear', one of the BBC's biggest selling programme brands around the world, have landed in a religious row for dressing up in burkas on the Boxing Day special.
In a 'reciprocal' act to Hugo Chavez's rejection of President Barack Obama's choice of ambassador to Caracas, US revoked the visa for Venezuela's ambassador in Washington.
South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.
The news about jobs, deficits, and poverty seem to get worse in the western nations and Japan day by day, while the economic and financial developments in the emerging markets appear to get rosier.
South Korean President Lee Myung-bak was forceful, even bellicose, in speaking about North Korea on Monday. But on Wednesday, Lee struck a conciliatory note, expressing a desire for dialogue with his country's difficult neighbor to the north
Top U.S. officials raised broad and specific concerns about Russia's legal environment after the conviction on Monday of one-time oil magnate Mikhail Khodorkovsky and his associate Platon Lebedev.
Russia is poised to reclaim control of computing by ditching free software but faces obstacles in implementation, says software freedom stalwart Richard Mattew Stallman.
9/11, George W Bush, Afghanistan, Iraq, Hurricane Katrina, Recession, Facebook, Unemployment, Barak Obama and You Tube - this almost sums up the whole of the first decade this millennium for the United States. We have put together a series of events that changed your and in fact our lives. Take a short walk... Deep down the memory lane...Try to remember where you were when hell broke loose, joy came knocking on your doorstep. Where were you when politicians lied, slapped taxes, or kept their pro...
China-based Perfect World, an online game developer, has announced the launch of unlimited closed beta testing for Empire of the Immortals, a new MMORPG for the Company's Immortals franchise.
In a blow to Microsoft, Russia has taken another step towards transition into complete usage of free software. Prime Minister Vladimir Putin on Monday signed an order for the transition of federal bodies and agencies to use free software.