New start-ups want to become the 'African Netflix'

A crop of new tech entrepreneurs from Africa and its diaspora are hoping to bridge the continent's growing middle class and booming film industry in a quest to become the "African Netflix".

Can the emerging middle class make Coca-Cola lose its fizz?

The emergence of a "new middle class" is an important economic phenomenon in many emerging markets, with prominent examples being Brazil, China, India, Indonesia and Turkey. In this process, a substantial mass of low-income ...

South America's first Apple store opens in Rio

Some 1,700 impatient shoppers lined up for hours Saturday for the grand opening of Apple's store in Rio de Janeiro—the first official outpost in South America.

UK: Survey charts emergence of new class system

The traditional view of a Britain made up working, middle and upper class people is no longer accurate, according to one of the largest studies of its kind.

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