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A worker prepares the logo of the World Economic Forum in the congress...

Retreat of globalisation stokes fears for poor nations

If a mix of accelerating automation and trade protectionism is the defining economic climate of the moment, globalization may well be in decline, and developing nations that failed to capitalize on the past two decades of economic integration - notably those in Africa - may have missed the boat altogether.

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Maharashtra's sugar output drops as mills close early

MUMBAI India's top sugar producing state of Maharashtra has so far produced 27 percent less sugar than a year ago as nearly a third of the total mills have stopped crushing due to cane shortage, government and industry officials told Reuters.

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