(MENAFN - AFP) India's investigation into whether Walmart may have bribed Indian officials to gain wider access to the country's vast market has been "closed" due to lack of evidence, a report said on Saturday.
The one-man committee of retired justice Mukul Mudgal probing the matter is likely to submit a report to the government next week saying there was no "adequate" ...
(MENAFN - AFP) Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014.
The kingdom, which has no hydrocarbon reserves of its own, hopes to cover 42 percent of its energy needs with renewable sources by 2020, and has launched a plan to produce 4,000 ...
(MENAFN - AFP) Facebook chief operating officer Sheryl Sandberg said in an interview published Saturday says it's ok for women to cry at work, share emotions and be honest about their femininity.
Sandberg shot to global fame after her the publication of her best-selling book "Lean In: Women, Work and the Will to Lead" which talks about women's career struggles and advises ...
(MENAFN - AFP) India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, amid new threats to economic growth and reforms.
The announcement surprised the finance ministry which had been pitching for a ratings upgrade, saying the government has taken strong steps to improve India's public ...
(MENAFN - AFP) Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution.
The 45 bright red cars were launched by Chinese electric vehicle producer BYD, which is partly backed by US investment titan Warren Buffett.
Called the BYD e6, the five-door crossover sedans are powered by iron ...
(MENAFN - AFP) A new case of the deadly coronavirus has been detected in Saudi Arabia where 15 people have already died after contracting it, the health ministry announced on Saturday on its Internet website.
"One new case of novel coronavirus recorded in the Eastern Region" where most of the kingdom's cases have been registered, said the ministry, which this week created ...
(MENAFN - AFP) The arrest of three Indian cricketers for spot-fixing has prompted new fears over the growing influence of betting mafias on the game in the subcontinent and despair about the "cancer" of corruption.
Police behind the arrests say the trio were acting under orders from crime syndicates whose bosses are based in the Gulf but are well aware of the rewards if ...
(MENAFN - AFP) Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.
"We don't know if the file (of 22 million user IDs) was leaked or not, but we can't deny the possibility given the volume of traffic between our server and external" terminals, ...
(MENAFN - AFP) China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.
The world's second largest economy "will not accept any unilateral and compulsory market measures", Yan Mingchi, deputy director-general of the legal ...