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(MENAFN - AFP) Russia's central bank said Monday it had placed the troubled Trust Bank under supervision and would bail it out with 30 billion rubles (430 million euros, $525 million) to avoid bankruptcy.

It did not say if the problems of the lender, whose products are advertised by Hollywood actor Bruce Willis, were linked to the fall of the ruble, which has weakened Russia's ...

 
(MENAFN - AFP) Airbus was due to deliver its first next-generation A350-900 plane to Qatar Airways Monday, more than a week after the airline suspended the high-profile handover for unknown reasons.

The Doha-based company, owned by the energy-rich Gulf state, has ordered 80 of the planes, making it not only the launch customer but also the largest single customer of the A350 ...

 
(MENAFN - AFP) The Russian government said it was bringing in customs barriers on Monday to limit the export of cereals in the hope of reducing domestic prices sent soaring by the collapse of the ruble.

Deputy Prime Minister Arkadi Dvokovitch said the measure is likely to be in place within 24 hours, according to Russian news agencies.

The fall of the ruble has made ...

 
(MENAFN - AFP) South Korea on Monday trimmed its economic growth forecast for 2015 to 3.8 percent from 4.0 percent as it vowed to continue expansionary policies aimed at spurring domestic consumption.

The revised projection comes after the country's central bank this month warned its own 3.9 percent growth forecast would be "difficult" to maintain as domestic demand alternated ...

 
(MENAFN - AFP) It was a visit to Jerusalem that inspired Frenchman Alexandre Sartene to start the world's third kosher vineyard outside Israel which, despite a rocky start, now exports as far as Brazil.

"I find the idea of kosher wine divine," says a proud Sartene, with a touch of the same humour that has seen him nickname his domain in southern France, his "kibbutz".

And ...

 
(MENAFN - AFP) International Monetary Fund (IMF) policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak, researchers said Monday.

Links between the IMF and the rapid spread of the disease were examined by researchers from Cambridge University's sociology department, ...

 
(MENAFN - AFP) Asian markets rose in thin trade Monday ahead of the festive season, tracking cues from Wall Street where stocks surged in a Federal Reserve-fuelled "Santa Claus rally" last week.

Sydney surged 1.49 percent, Hong Kong gained 1.18 percent, Shanghai climbed 1.26 percent and Seoul added 0.28 percent.

Tokyo was flat by the break after the Bank of Japan gave ...

 
(MENAFN - AFP) Scientists in Japan have developed a sticky sheet of tiny sensors that can be put directly on moving joints, beating hearts or other living tissues.

The invention opens up the possibility of implanting almost unnoticeable sensors inside the body, letting doctors keep a close eye on a dodgy heart, for example.

"Just by applying to the body like a compress, ...

 
(MENAFN - AFP) For health care workers on the front lines of the Ebola epidemic in West Africa, risking their lives in stifling protective suits, relief could soon be on the way.

Researchers at Johns Hopkins University have developed a new-style outfit that is not only more comfortable, but also less likely to accidentally infect its users.

Conceived during a weekend ...

 
(MENAFN - AFP) China's top smartphone seller Xiaomi Corp. is raising more than $1 billion in a fresh round of funding, a move which would raise its valuation above $45 billion, a report said Sunday.

Dow Jones Newswires, citing a person familiar with the issue, said the latest round of funding could close as soon as Monday.

It was being led by tech investment fund All-Stars ...

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