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BRICS Bank details coming soon- Gordhan

BRICS Bank details coming soon- Gordhan

The World Bank said in March that a BRICS Bank would be an “invaluable partner”.

Massive explosion tears through Texas fertilizer plant

Massive explosion tears through Texas fertilizer plant

The cause of the explosion and the earlier fire in the plant is under investigation.

Putin-Morsi meet amid Egypt economic crisis

Putin-Morsi meet amid Egypt economic crisis

Earlier this year Egypt officially expressed intention to join the BRICS club of emerging markets.

UCP buys 48% of ‘Russian Facebook’ VKontakte

UCP buys 48% of ‘Russian Facebook’ VKontakte

VKontakte is the largest social network in Russia and has over 42 million users.

Usmanov is Russia’s richest man

Usmanov is Russia’s richest man

Alisher Usmanov has a fortune estimated at $17.6 billion.

Will return to 8% growth in 2 years- India FM

Will return to 8% growth in 2 years- India FM

India's finance minister is to meet with the new US Treasury secretary Jacob Lew.

BCB raises interest rates to fight inflation

BCB raises interest rates to fight inflation

Brazil is ready to take necessary steps to control inflation, the country's finance minister asserted last week.

Confrontation will hurt both: China vice premier

Confrontation will hurt both: China vice premier

Disputes between the nations has made Japanese products less popular in China.

North Korea sets conditions for talks

Pyongyang also urged Washington and Seoul to withdraw nuclear weapons stationed in and around South Korea.

March income grows by 8.3% in Russia

March income grows by 8.3% in Russia

The average monthly wage totalled 28,400 rubles ($900).