SOUTH AFRICA

A general view of Machu Picchu ruins April 1, 2010.

Tourism hotspots of 2010

While UN World Tourism Organisation recently announced that France will be the most sought-after place in 2010, places such as Scotland, Israel, Bethlehem and the like remained horded for some unusual charms. Here’s a list of world’s 10 tourist hotspots that saw an incredibly rise in tourism interests in 2010.
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Ivory Coast Polls

Leaders unwilling to concede defeat hinder Africa's path to democracy

Burning tyres, rebel checkpoints, an angry mob and a placard that reads, Gbagbo thief... The West African state of Ivory Coast seems to be rapidly descending into a state of crisis. Acknowledged as the most expensive polls in Africa, the recent run-off was aimed at unifying the country which suffered bitter divisions and wrath of an armed uprising in 2002. But instead, they bared the discrepancy within the nation's population.
South Africa's Mbeki to mediate over Ivory Coast poll result

South Africa's Mbeki to mediate over Ivory Coast poll result

A day after both candidates claimed Presidency in Ivory Coast, African Union said it would dispatch former South African premier Thabo Mbeki for mediations. Local media has reported of at least a dozen people killed in post-election violence in the former capital of Abijdan.
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Protectionism, stimulus and bailouts cripple global trade growth

World trade growth slowed in the third quarter of the year, according to the latest World Trade Organization (WTO) figures. An 18 percent rise in global merchandise trade annually in value terms was remarkably lower than the 26 percent increase registered in the second quarter.
China says climate talks must tackle rich CO2 cuts

EU to ban industrial gas credits

The European Commission announced plans on Thursday to ban trading credits related to certain industrial gases from its Emissions Trading System (ETS) starting from 2013.
Zuma heads to Harare as Zimbabwe coalition appears to be on the verge of collapse

Zuma heads to Harare to save Zimbabwe coalition from collapse

South African president Jacob Zuma set off to Harare on Friday expecting to even out the disputes of Zimbabwe's power-sharing government which is almost on the verge of collapse. The Zimbabwe standoff worsened as Prime Minister Morgan Tsvangirai filed a lawsuit against ruling president Robert Mugabe accusing him of violating the global political agreement (GPA) signed between them.
Silver up 5 pct, gold down 1.1 pct in week to Nov 19

PRECIOUS ROUNDUP - Silver, palladium post weekly gains; gold, platinum down

In an eventful week, that passed through uncertainty about Ireland's response to a bailout offer, an unexpectedly higher Chinese inflation number and its policy response and largely mixed US data, investors remained cautious about the changing 'risk-friendliness' of commodities. In a mixed precious metals segment, silver rose 5 percent in the week and palladium was up by 4.4 pct while gold fell 1.1 percent and platinum dropped by 0.9 percent from previous Friday.
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Investec posts "strong" H1 operating results, AUM rises

Investec Plc, the specialist bank and wealth manager, posted a "strong" operational performance in the first half, with five of its six core businesses recording a substantial increase in earnings. Third party assets under management grew 4.9 percent to 77.8 billion pounds.
Facebook CEO Mark Zuckerberg unveils a new messaging system during a news conference in San Francisco

Why Facebook can't kill e-mail?

Here are three of the several reasons why Facebook can't kill e-mail with its newly launched message service, which was floated to be the 'Gmail Killer'.
Singapore

World tourism returns to pre-crisis levels

Global tourism has returned to pre-crisis levels thanks to faster recovery in the Asia-Pacific, Middle East and Africa regions, the UN World Tourism Organization (UNWTO) said in a report.
The Northern Lights

Astronomy tourism: world’s best places for star gazing

From the clear skies of Canary Islands in Atlantic Ocean to the Northern lights that marvel in the skies on North Pole, here is a list of best places for enjoying astronomy tourism in the world. Read on and the next time you are planning a vacation, these places are sure to top your list of destinations.
An undated handout photograph of Ranbaxy Laboratories' plant in Paonta Sahib, Himachal Pradesh.

India's Ranbaxy Q3 net profit jumps

Ranbaxy Laboratories Limited (RLL), India's largest pharmaceutical company, said on Thursday its consolidated net profit stood at 3.13 billion rupees ($67 million) for the third quarter ended September 30, 2010, as compared to 1.16 billion rupees ($24 million) in the same period a year earlier.

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