Algeria bought 600,000 tonnes of wheat, traders said on Monday, snapping up grain at a time of high prices and tight supply even as neighbouring countries take measures to head off Tunisia-style unrest over food inflation.
Apple won't be including some of its most popular downloads on its MacBook App Store, set to debut in January.
Visitors will be able to tour the sealed zone around the Chernobyl nuclear power plant, where Chernobyl reactor No. 4 exploded on April 26, 1986, contaminating a large part of Northern Europe including Belarus and Russia, with harmful radiations. The tragedy left many dead and the city was evacuated within a radius of 48 kilometers.
China attacked the U.S. congressional resolution on convicted Chinese dissident Liu Xiaobo, and urged U.S. policymakers to change arrogant and rude attitude. The country's foreign ministry maintained that Liu, who won this year's Nobel Peace Prize, was not arrested over his calls for democracy, but for the reason that he tried to destabilize the state. Meanwhile, the Nobel committee announced that as many as 18 countries have joined China in the boycott of the Oslo event.
PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.
Government policies all over the world are distorting the market for agricultural products and discouraging their production at a time when there is a global shortage of them.
Russia´s ban on grain exports caused a buying frenzy on global grain markets, driving prices up sharply under record high volumes.