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Russian economy edges near end of recession as contraction eases

  Bloomberg Russia’s economy contracted the least since it slipped into recession at the start of last year as industry and farming added to oil’s biggest quarterly gain since 2009 to steady the world’s biggest energy exporter. Gross domestic product shrank 0.6 percent in the second quarter from a year earlier after a decline of 1.2 percent in the previous ...

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Gulf soft on oil, Q2 results

  DUBAI / Reuters Stock markets in the Gulf were soft in early trade on Sunday, weighed down by weak oil prices and a lacklustre set of second-quarter corporate results. Riyadh’s stock index lost 0.2 percent after 40 minutes of trade as the petrochemical sector dropped 0.4 percent. The September Brent oil contract settled at $42.46 a barrel on Friday, ...

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Zombies take over Umbrella Revolution

  AFP Hong Kong’s 2014 pro-democracy “Umbrella Revolution” was re-imagined as a zombie apocalypse by gamemakers who transformed politicians and protesters into the walking dead using virtual reality technology at a comic and games expo recently. Teenagers and video game enthusiasts packed the Ani-Com show at the city’s harbourfront convention centre and queued for “Hong Kong Infected”, where they shot ...

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