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(MENAFN - AFP) Russia looks increasingly likely to sink into recession in 2014 as the knock-on effects of its standoff with the West over Ukraine hurt an economy already beset by structural problems.

Data released over the last week showed that Russian is beginning to suffer the effects of the worst East-West political crisis since the Cold War.

The threat of economic ...

 

(MENAFN - AFP) For years Pakistanis have sweated and cursed through summer power cuts, but now the government plans to harness the sun's ferocious heat to help tackle the country's chronic energy crisis.

In a corner of the Cholistan desert in Punjab province, power transmission lines, water pipes and a pristine new road cross 10,000 acres (4,000 hectares) of parched, sandy ...

 

(MENAFN - AFP) Europe's mergers and acquisitions market is rebounding after years in the doldrums, as improving market sentiment is prompting companies to spend cash built up during the financial crisis.

A flurry of new deals have been announced in the past month alone, including Numericable's purchase of Vivendi's SFR mobile phone unit in France, the merger of Swiss cement ...

 

(MENAFN - AFP) On a small rock wall a short drive from the Philippine capital, enigmatic carvings that are believed to date back 5,000 years are in danger of disappearing before their mysteries can be solved.

The 127 engravings of people, animals and geometric shapes are the Southeast Asian nation's oldest known artworks, but encroaching urbanisation, vandals and the ravages ...

 

(MENAFN - AFP) A Danish website is turning private homes into take-away restaurants by letting users advertise what they are cooking, when and for what price.

"Sometimes I only put one serving up for sale, sometimes up to 20. It depends on what I'm making and how much time I have," said Ana Teresa Salas, a 32-year-old consultant from Copenhagen.

The website, Dinnersurfer.dk, ...

 

(MENAFN - AFP) Carlyle this week became one of the first major private equity players to launch a dedicated sub-Saharan Africa fund, underscoring the growing investor interest in the continent's growing middle class.

The US-listed alternative investment manager has raised $698 million (505 million euros) -- almost $200 million above its initial target -- from both African ...

 

(MENAFN - AFP) Nintendo's trailblazing Game Boy marks its 25th anniversary on Monday with the portable device's legacy living on in cutting-edge smartphone games and among legions of nostalgic fans.

The Japanese firm released its 8-bit Game Boy on April 21, 1989 -- the same year Soviet troops pulled out of Afghanistan, the Chinese army violently cracked down on protesters ...

 

(MENAFN - AFP) Leading automakers are gathering in Beijing on Sunday for the kickoff of China's biggest car show, but lackluster growth and environmental restrictions in the world's largest car market have thrown uncertainty into the mix.

More than 1,100 vehicles will be showcased at the Beijing International Automotive Exhibition, which opens to the public on Monday.

General ...

 

(MENAFN - AFP) Hidden in the Twittersphere are nuggets of information that could prove useful to crime fighters -- even before a crime has been committed.

Researchers at the University of Virginia demonstrated tweets could predict certain kinds of crimes if the correct analysis is applied.

A research paper published in the scientific journal Decision Support Systems ...

 

(MENAFN - AFP) With a nighttime procession lit by the glimmer of devotional candles and the flash of smartphone cameras, a church in Turkish-held northern Cyprus hosted its first Easter mass in nearly 60 years.

Hundreds of Greek Cypriots crossed the Green Line to attend the ceremony at Famagusta's church of St George Exorinos, in the part of the Mediterranean island occupied ...

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