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Finance & Economics

EGYPT: Wheat subsidy system under strain

Milad Nadim, 49, from Helwan city near the southern outskirts of greater Cairo, needs to be on the street by 6am daily to stand in a long queue for subsidized bread, or his children will go hungry. He says he often waits 3-4 hours to get the bread,...

Afghanistan announces huge oil find

In a place where U.S. and other foreign forces are trying to put down a Taliban-led insurgency, a massive oilfield has been discovered.

Worried About Recovery, Fed To Buy U.S. Debt

The Federal Reserve is taking new steps aimed at keeping the U.S. economy from slowing any further.

Retailers Worry Over Depressed Wages, Job Losses

July's dismal unemployment report, released Friday by the Labor Department, confirmed what millions of Americans already knew: It's still tough to find a job.

Enterprise Mobility: Google Nexus One Redesign: 10 Features It Must Have to Compete with Apple`s iPhone

Google announced this month that the Nexus One, the company’s first smartphone, which it developed with HTC, is being discontinued.

Oracle Pedigree App Fights Counterfeit Drugs

On July 26 Oracle launched its Pedigree and Serialization Manager to limit counterfeit products in the pharmaceutical supply chain and to boost patient safety. It satisfies the requirements of a California drug pedigree law that takes effect in 2015...

Intel Wins Court Ruling in Antitrust Case

A special master appointed by a judge ruled that Intel's business practices, including giving OEMs discounts to limit their use of AMD products, did not harm consumers, and in some cases those discounts were passed onto consumers. He denied the...

Cadillac Escalade named as most stolen car in US

The Cadillac Escalade SUV, has been noted by insurance experts in the US as the car most likely to be stolen.

PAKISTAN: Floods send food prices higher

Women outside a store in the town of Mianwali, in the northwestern part of Punjab Province, stand in mud up to their shins - mud left behind by floodwater which has now begun to recede - waiting to buy wheat flour, but are annoyed by the small...

Chinese owners say Volvo will remain Swedish

Chinese car maker Geely Holdings has formally completed the deal to buy Sweden's Volvo Cars.