Carlos Slim retained the top spot on the Forbes rich list for the second year in a row. The Mexican telecoms tycoon represents a growing trend of billionaires bubbling up from emerging markets worldwide. Over the past year, China doubled its number of billionaires, according to Forbes, and Moscow now has more billionaires than any other city. Of the 11 richest men in the world, the following five come from emerging economies in Latin America and Asia:
Pirates' seizure of two oil tankers in the past two days threatens oil supply to the West and ramps up pressure on navies to take more aggressive action.
One dairy farmer in India is turning much of his farm's buffalo milk into mozzarella cheese, betting that growing Indian palates will begin demanding domestic cheese products.
India is making room – both physically and mentally – for art like that from Anish Kapoor, which is large and untraditional.
The massive Pakistan earthquake caused minimal damage, welcome news to a government trying to keep inquisitive reporters away from the Afghan Taliban stronghold of Balochistan.
Mumbai police are on the lookout for four men, allegedly Lashkar-e-Taiba militants, who have entered the city and are suspected of plotting a terror attack.