Connect to share and comment

Can cloud computing take off in Africa?

JOHANNESBURG, South Africa — When it comes to information technology in Africa, analysts will tell you, this continent has an amazing ability to leapfrog. Forget old-school landlines and desktop computers. Many in sub-Saharan Africa have skipped directly to mobile devices. And while Africa, like other emerging markets, has been slow to embrace cloud computing, it is starting to take off here, with tech experts touting the cloud’s big and perhaps unseen potential.

China to impose restrictions on growing car market

China, struggling to cope with worsening smog problems as roads in Shanghai and Beijing become choked with traffic, plans new restrictions on vehicle sales in some key cities. Such limits are already in place in four major cities, and eight others will be added to the list, according to reports published Thursday by China's state media.

The Central Bank of Egypt is now accepting donations

Donors eager to see Egypt turn an economic corner after the ouster of Mohammed Morsi can now directly forward money into the country's national bank.

End of election season spells stability and growth for Mongolia

First copper exports from Rio Tinto's $6.6 billion Oyu Tolgoi mine in Mongolia - believed to have been delayed due to populist pressures arising in the run-up to presidential elections this week - may start early next month after incumbent Tsakhia Elbegdorj secured a second four-year term, analysts said this week.

Kevin Rudd: Australia's Chinese-driven commodity boom is over

Just a few hours before Kevin Rudd became Australia's new Labor party leader this morning, he said the Chinese commodity boom had ended. The remarks came during his announcement that he would stand for Australia's parliamentary spill — basically, that he was challenging now-outgoing PM Julia Gillard's leadership.

After the Fed, China Bears return with vengeance

Less than a week after the US Federal Reserve rattled global markets with talk about possibly easing its monetary stimulus this year, growing worries about a credit crunch in China suggest the risk appetite that was so strong just two months ago could take some time to return.  In fact, fears that tight liquidity conditions could harm the world's second largest economy kept stock markets firmly in negative territory on Tuesday. 

Stock market tumble could be bad omen for Russia

Russian equities fell on Friday after U.S. 10-year government bond yields rose above 2.5 percent for the first time since August 2011 on the back of nerves over when the Federal Reserve will begin tapering its bond-buying program.

China PMI slump will test authorities' resolve

Further weakness in China's vast manufacturing sector, which has exacerbated concerns over the health of the world's second biggest economy, will make it harder for the government to resist calls to ease its policy stance, economists tell CNBC.

Business Leaders Send Strong Message to Putin

Bernard Sucher, former country head of Bank of America Merrill Lynch in Russia who is now at the Russian investment firm Aton, told CNBC that Russia had to urgently address structural reforms.
Syndicate content