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UN, UNICEF report hidden epidemic of HIV among young gay dating app users in Asia-Pacific

The United Nations and UNICEF have collaborated on a report that exposes the increase in HIV among young gay men that use mobile dating apps for casual sex.

Dec 02, 2015 8:32 AM EST


Government Development Bank's $72 billion in debt is making Puerto Rico possibly America's Greece

Puerto Rico's Government Development Bank is struggling to manage $72 billion in debt, the majority of which is from its own making. The first payment of $355 million of the general obligation debt is due December 1, but the country seems that it will have to default on that payment and subsequent payments. The debt was created from excessive lending and now the governor has asked the help of the US government to allow the country to file Chapter Nine bankruptcy.

Dec 02, 2015 8:29 AM EST


Coca-Cola ad in Mexico attacked for insensitivity to indigenous rights and health

A new Coca-Cola ad in Mexico has been taken down due to massive criticism that its depicts local indigenous groups poorly while also encouraging poor health.

Dec 02, 2015 5:32 AM EST


7-Eleven in Asia: the HQ of Snacks and Unique Services

7-Eleven stores in the Asian market provide unique products and services to their customers unlike the originals in the US.

Dec 02, 2015 5:20 AM EST


Egyptian Oil declines, imports increase

Egypt’s oil exports is in a steady decline amid growing domestic demand and increasing local production, while imports are steadily increasing.

Dec 02, 2015 5:07 AM EST


Faulty component, inadequate crew response major factors for AirAsia A320 plane crash December last year

Indonesian officials said Tuesday that faulty rudder and inadequate response from the crew are the major reasons for the crash of the Indonesian AirAsia A320 on December 28 last year, killing 162 people on board.

Dec 02, 2015 5:02 AM EST


APEC summit expected to bring economic development to Philippines' Mindanao

The Apec Summit 2015 held in the Philippines is expected to boost economic activities in the country’s southern region of Mindanao.

Dec 02, 2015 4:58 AM EST


Alibaba's stock decline despite acquisition spree is due to its traditional business strategy, says Forbes

China’s Alibaba has been acquiring companies for the past two years, but it is a wonder why its stock prices are continuously declining. Experts blame its strategy and China’s economic slowdown.

Dec 02, 2015 4:55 AM EST


AT&T to increase grandfathered unlimited plans price to $35 from $30 on February 2016

AT&T increased the price for its unlimited data plans to $35 from $30 a month, the first hike since seven years.

Dec 02, 2015 4:53 AM EST


BlackBerry exits Pakistan to prevent government from accessing servers

BlackBerry Ltd. will exit Pakistan to avoid the country’s government demands of unfettered access to its secure enterprise service servers.

Dec 02, 2015 4:47 AM EST


Honda lifts retirement age to address Japan's aging demographics

Honda Motor Co. will lift its employees’ retirement age to 65, making it one of the biggest companies in Japan to address the nation’s aging demographics.

Dec 02, 2015 4:44 AM EST


Indian billionaire takes on India's top wireless carrier to enhance voice and data service

India’s Bharti Airtel Ltd will invest 600 billion rupees, or $8.98 billion, to protect market share as the country’s richest man, Mukesh Ambani, plans to invest $15 billion on cheaper 4G broadband network services.

Dec 02, 2015 4:40 AM EST