Same mountain, different values

  A mountain in Central China’s Henan province is witnessing how the local economy has changed the way it develops. Changshoushan, or Longevity Mountain, has been a tourist destination since 2009. Over 200,000 people have…

Yahoo! axes workers in latest turn-around bid

Struggling US Internet pioneer Yahoo! says it will slash some 2000 jobs in a purge aimed at transforming into a “smaller, nimbler, more profitable” company. Yahoo! chief executive Scott Thompson, who took the helm in…

Eurozone finances: Pouring oil on water

If eurozone countries do not make necessary steps to restructure their debts, the current period of calm, may quite be calm before the storm. A report by PriceWaterhouseCoopers claims policy action by the European Central…

Burger King to go public for second time

  BURGER KING is going public. Again. Just 18 months after being taken private in a leveraged buyout, Burger King Worldwide Holdings, one of the world’s largest fast-food chains, plans to list its shares on…

US manufacturing jumps as building slips

  The pace of growth in US manufacturing picked up last month, even as measures of new orders and exports eased, underscoring how the economy is recovering at a gradual clip. Separate data on Monday…

VIDEO: Friends of Syria Undermine Peace Process – Lavrov

[anyplayer:url=http://rt.com/files/news/friends-syria-peace-opposition-221/ic00fa35c8c30a9e3cc9599b5de74edf6_syria-lavrov-comments.flv] The actions of Friends of Syria group of states jeopardize realization of the UN peace plan for Syria, undermining international efforts to end violence in the country, Russian FM Sergey Lavrov said. ­“Everybody backed…

Eurozone unemployment hits all-time high

  Eurozone unemployment jumped to an all-time high in February, hitting southern nations the hardest as the social toll from the debt crisis grips the 17-nation bloc, official figures showed Monday. The jobless rate rose…

IMF chief calls on US for more cash

IMF managing director Christine Lagarde has implored the United States to help back-stop debt-ridden European countries, wading neck-deep into bubbling US political waters. Speaking in the US capital, Lagarde said the 187-nation International Monetary Fund…