Other large recipients are China ($64 billion), the Philippines ($28 billion), Mexico ($24 billion), Nigeria ($21 billion), Egypt ($18 billion), Pakistan ($17 billion), Bangladesh ($15 billion), Vietnam ($11 billion) and Ukraine ($9 billion).
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Across the world rallies were held to draw attention to climate change ahead of a United Nations summit in New York.
The TomTom Traffic Index compares travel time during non-congested hours with travel times in peak hours experienced by passenger vehicles.
Aseem Chhabra picks his favourite movies from the Telluride Film Festival.
A superb 83rd minute free-kick from captain Neymar gave Brazil a winning start under new coach Dunga as they beat Colombia 1-0 in a fiercely contested friendly on Friday.
The annual list, released on Wednesday by Geneva-based World Economic Forum, comes at a time when the new Indian government has completed 100 days in power and has promised further steps to revive its economy and the ease of doing business in the country.
Manchester United dominated Europe's transfer activity as the transfer deadline window slammed shut on Monday, manager Louis van Gaal taking his summer spending spree to more than 150 million pounds.
A Mexican woman has reached a milestone by turning 127 years old on Sunday - the oldest human documented to have ever lived.
Late last month, India torpedoed a deal to simplify, standardise and streamline the rules for shipping goods across borders, know as 'trade facilitation', after it demanded concessions on agricultural stockpiling.
Formula One's 83-year-old commercial supremo Bernie Ecclestone said in May that an agreement had been signed for a street race in the Azeri capital, on the shores of the Caspian sea, next year.
Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.
Narendra Modi's engagement at the upcoming BRICS Summit in Brazil will be keenly watched as the prime minister will interact with some of the world's most powerful leaders. The summit to be held in Fortaleza will also see the launch of the significant BRICS bank whose idea was mooted by India. Rediff.com's Sheela Bhatt gives a lowdown on Modi's first major international rendezvous.
As much as I would love to witness a Brazil-Argentina final at the Copacabana beach, Colombia, Germany, Netherlands and Argentina look like the semi-finalists and, if Argentina peaks at the right time, Germany vs Argentina could be the title match, says Mauktik Kulkarni.
Not even the 'Hand of God' could open the doors to a packed Maracana stadium for Argentina's World Cup game against Bosnia.
World Cup sidelights: All the news from Brazil right here...
The fourth of a five-part history of the World Cup from Uruguay in 1930 up to the preparations for the 2014 finals in Brazil.
The third of a five part history of the World Cup from Uruguay in 1930 up to the preparations for the 2014 finals in Brazil.
Subway workers late on Monday suspended a strike that crippled traffic in Brazil's biggest city, but warned they could resume their walkout on Thursday, when Sao Paulo hosts the first game of the soccer World Cup.
The first of a five part history of the World Cup from Uruguay in 1930 up to the preparations for the 2014 finals in Brazil.
France's World Cup chances suffered a severe blow when influential winger Franck Ribery was ruled out with lower back problems on Friday.
The Portugal is in New Jersey in preparation for the FIFA World Cup starting in about a week, but the country is facing problems over Cristiano Ronaldo's fitness.
Mumbai and New Delhi may feature in the top 10 in the next 10 to 20 years.
'We are blessed, that in this age of crass, commercial filmmaking, there is a special corner reserved for Wes Anderson to inhabit this wonderful, magical life. And we thank him from the bottom of our hearts for letting us experience his dreams in full colour and grandeur,' says Aseem Chhabra after watching The Grand Budapest Hotel.
Obama said he wants to boost the use of natural gas in transportation
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Barcelona have become the first sports club to reach 50 million followers on social networking website Facebook, the Spanish soccer champions said on Thursday.
'Movie theatres, despite their diminished stature, will continue to play a role in our culture. Just like cinema. After all, we have at least another big centennial to commemorate in our lifetime,' says Murali Kamma.
Sources estimated the number of employees asked to leave because of downsizing stands at about 100.
At least two of the eight first-round groups of four produced tough obstacles for their participants to progress to the knockout rounds.
The draw for the eight groups for the final round of the 2014 FIFA World Cup, which will be played from June 12 to July 13 in Brazil, was just held in Costa do Saupe near Salvador de Bahia.
Races in New Jersey, Mexico and South Korea were dropped from Formula One's official 2014 calendar on Wednesday, with the season remaining at 19 races instead of a record 22.
FIFA will go ahead with its controversial decision to stage World Cup matches at midday in tropical venues, president Sepp Blatter said on Tuesday as soccer's governing body announced a bafflingly complex procedure for Friday's draw.
The last word in travel guides, Lonely Planet has released its list of the best in travel places from around the world. Where are you going in 2014?
ormula One races in Mexico and New Jersey are unlikely to happen next year, the sport's commercial supremo Bernie Ecclestone said on Sunday.
Mexico's national coach Victor Vucetich says he has been notified by the country's soccer federation that he is no longer in the job, according to an interview posted on Thursday night on ESPN.com.
Honduras qualified for the 2014 World Cup finals in Brazil on Tuesday by clinching the last of the automatic qualifying spots in North and Central America and the Caribbean, while Mexico stayed in contention by claiming the playoff spot after Panama suffered a heartbreaking loss to the United States.
Formula One's record 22 race calendar for 2014 is 'beyond the limit' for teams but looks likely to be trimmed before it becomes definitive, according to Red Bull team principal Christian Horner.
Ken Norton, the former heavyweight boxing champion who broke Muhammad Ali's jaw in a 1973 bout, died on Wednesday at an Arizona hospital at age 70, his manager said.
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