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Study: Companies from emerging markets will shape global economy in next decade

Top companies from emerging markets are riding the rapid growth of their regions and will shape the global economy over the next decade, a study said on Tuesday. The top 100 fast-globalising companies from rapidly developing economies are outpacing their rivals from developed economies in terms of expansion, job creation…

Kenyan officials impound 600 pieces of ivory

Officials in the Kenyan port city of Mombasa have impounded more than 600 pieces of ivory, weighing two tonnes, officials told AFP Tuesday. “They were labelled as decorating stones and were headed to Indonesia from Tanzania,” a police source based at the port told AFP on condition of anonymity.…

Solar-powered robots coming to greener French wine future

An Earth-friendly future for French wine could include disease-resistant grapes, solar-powered robots, and lighter packaging, as vintners innovate to slash their environmental footprint. “We can’t keep functioning like this, polluting the Earth,” Alexis Raoux, sustainability manager for the Bordeaux-based drinks group Castel, told AFP. “What feeds us is the soil.…

NASA: Chinese smog can be seen from space

China’s air pollution problem is so bad that on especially cold days in the country’s largest cities, the smog trapped below the dense, cold air collects to such a degree that NASA said this week it could be seen from space. The morning of January 10 was one such day…

‘Merry Christmas Mr. Lawrence’ director Nagisa Oshima dies at 80

The Japanese director of the acclaimed World War II prison camp drama “Merry Christmas Mr Lawrence”, Nagisa Oshima, died Tuesday, his son said. He was 80. Oshima, who had a critical hit with the controversial erotic work “In the Realm of the Senses” which famously contained unsimulated sex scenes, had…

Monaco Prince Albert accepts damages for a story claiming wife was reluctant to marry him

Prince Albert of Monaco and his wife Princess Charlene have accepted an offer of damages from Britain’s Sunday Times over a 2011 story which had suggested she was reluctant to marry him. The royal couple were represented at London’s High Court by their lawyer, Mark Thomson, who said the July…

Fashion magazine employee’s dog killed in revolving door in London

One of the best connected canines in London met a grisly end this week after being killed in the revolving door of the office block where his owner worked at high society fashion magazine Tatler. Alan, a long-haired miniature dachshund, died on Monday afternoon in the doors at Vogue House,…

Egyptian high court to rule on Islamist-dominated senate and constitution

Egypt’s top court was on Tuesday to rule whether Egypt’s Islamist-dominated Senate should be dissolved as well as on the validity of a panel that wrote the country’s controversial constitution. In advance of the landmark rulings, dozens staged a sit-in overnight outside the Supreme Constitutional Court (SCC) on the banks…

China may cut U.S. debt holdings

China’s sovereign wealth fund, which has more than $480 billion in assets, could cut holdings of US Treasury Bonds as they are becoming a less attractive investment, state media said Tuesday. The Shanghai Securities News quoted Lou Jiwei, chairman of sovereign wealth fund manager China Investment Corp (CIC), as telling…

Documents reveal U.S. sells arms to Bahrain’s anti-democracy government crackdown

By Justin Elliott, ProPublica Despite Bahrain’s bloody crackdown on pro-democracy protesters, the U.S. has continued to provide weapons and maintenance to the small Mideast nation. Defense Department documents released to ProPublica give the fullest picture yet of the arms sales: The list includes ammunition, combat vehicle parts, communications equipment, Blackhawk…

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