INDIA

Civil war in Sudan could cost $100 bn

A reignited civil war in Sudan could cost $100 bn : Report

A reignited civil war after the Southern Sudan referendum on independence could cost the International community and the country at least $100 billion, a think-thank report said. The January 9 vote is likely to go in the favor of the oil-rich South Sudan's demand of secession from the North. Tensions have been escalating in the region with reports of a fresh wave of attacks led by the government troops on South Sudan regions.

OIL OUTLOOK: How long will it stay ranged? Will it rise above $100?

Nymex WTI futures performance versus USD index - OPEC data
Dollar, Korea, Ireland, Asian demand, inventories and technicals - a lot of things are weighing on oil now. But market participants find the question if the commodity has reached its bottom technically and on robust demand in some regions, or will a dollar rally or geopolitical developments force it break below the current range, tough to answer.
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Members of Indian cricket team pose with the trophy after winning their third test match and the series against New Zealand in Nagpur.

India win by an innings to clinch series

India was quick to dismantle the New Zealand batting line on the fourth day of the third test in Nagpur, winning by an innings and 198 runs to claim the three-match series 1-0.
Ford

Despite the hype surrounding GM, Ford is the better buy: Analyst

Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.
Daily wage workers wait for employment on a street side at an industrial area in Mumbai

Unemployment the greatest economic challenge: WTO chief

The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.
Toyota

Toyota to upgrade assembly line: report

Toyota motors will upgrade engine assembly lines worldwide to cut output cost and make even the smaller assembling units profitable, the Nikkei daily report said.
Turkmenistan's President Kurbanguly Berdymukhamedov in Moscow in this March 24, 2009 file photo.

Turkmenistan offers to supply gas to EU nations

The Central Asian nation of Turkmenistan has promised to supply natural gas for the proposed Nabucco pipeline -- a project that could allow European Union (EU) countries to rely less on Russian energy in the future.
Mine explosion in New Zealand : 30 workers trapped

Mine explosion in New Zealand, 30 workers trapped

At least 30 miners are unaccounted for, after an explosion ripped through a coal mine in New Zealand on Friday. Rescue teams including fire crews and helicopters have been pressed in and reports of casualties are emerging on the local media. Police are yet to confirm the reports but updated that two people have surfaced from the mine since the explosion.
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Will Russia emerge as the next hot spot for MBAs?

A recent study has put Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year, it has shown a steady 22 per cent growth in MBAs recruited, according to QS TopMBA Jobs Index.
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Ness Technologies eyes 2 buyouts in India

Israel-based IT services provider Ness Technologies is looking to buy two companies in India in the outsourced product development and financial services areas by the end of next year.
rubber

Rubber up 4.5 pct since Tuesday on low Thai output, weak US dollar

Rubber recovered most of the losses it suffered on China rate hike fears, partly helped by a broadly weak US dollar and speculative buying interest on the commodity. The benchmark April futures on Tokyo Commodity Exchange settled Thursday at 369.2 yen per kilogram, 7.1 yen up on the day and nearly 4.5 percent higher from Wednesday's close.

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