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

The Huawei booth at the 2013 International CES at the Las Vegas Convention Center on January 10, 2013 in Las Vegas, Nevada. (AFP)

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…

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Internet ‘economy’ to hit $4.2 trillion by 2016: study

A computer and mouse in Italy in 2009. Ten people have been arrested in France, Italy, Portugal and the United States in an Italian-led inquiry into a child porn Internet network operating in 28 countries, investigators said Thursday. (AFP Photo/Andreas Solaro)

SAN FRANCISCO — Online business is playing an increasingly powerful role in national economies and is projected to account for $4.2 trillion of the Group of 20 nations’ total gross domestic product by the year 2016. The “Internet economy” will grow at a rate of eight percent annually in developed…

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