Glencore and Qatar takes $11 billion stake in state-run oil producer Rosneft. Russian President Vladimir Putin personally announced the deal which is expected to close mid-December.

A chunk of ice said to be the size of India has disappeared from the polar regions due to the exceptional warmth recorded this year. The report further calls for the growing concern on the worsening case of climate change.

Suzi Loxton gives a vivid picture of her stay in Mauritius and how she embraced the Mauritian lifestyle. Her adventures included a catamaran trip, and visits to colonial house, museum, and botanic gardens.

Starbucks sees the potential of its fast-growing China business to one day overtake the U.S. market. The company plans to open more stores in the next five years, half of which will be in the U.S. and in China as the brand remains attractive for the retailers.

Two giant providers, AT&T and Time Warner proposed an $85 billion deal to merge the companies in order to provide more innovation in the industry. The merger, however, faced tough questions in the Senate as the regulators are skeptic about the possible effects of such large-scale deal to pricing and competition.

Amnesty system was created for those with black money, there should be an amnesty scheme for micro, small and medium enterprises.

Reports say that they need to advocate a greater funding for transportation infrastructure which is now covered by the Highway Trust Fund.

The financial system shouold be developing a balance way through banks and non-banks. There are four key dimensions of financial developent.

The UK economy is now in course to finish the service sector. Markit forecast say that the course wil frow by 0.5% in the final three months.

Alaska Air Got U.S. Antitrust Approval For Virgin Deal But With Conditions. Alaska Air Group Inc (ALK. N) has won the U. S. antitrust approval for its $2.