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Mercedes Formula One

Mercedes Formula One driver Lewis Hamilton (L) of Britain sprays champagne on third place winner Red Bull Formula One driver Sebastian Vettel (R) of Germany as second-placed Lotus F1 Formula One driver Kimi Raikkonen (C) of Finland looks on, on the podium at the Hungarian F1 Grand Prix at the Hungaroring circuit in Mogyorod, near Budapest July 28, 2013. Hamilton seized his first win for Mercedes in a sweltering Hungarian Grand Prix on Sunday while Red Bull's Vettel moved 38 points clear in the Formula One championship despite finishing third. REUTERS/Bernadett Szabo (HUNGARY - Tags: SPORT MOTORSPORT F1)

End of the road for

 london has the red double-decker bus, new york yellow taxi, and philippines jeepney. country's most popular means of public transport zipping by adds a flash vibrancy in often frustrating, gridlocked streets metropolitan manila. with names like delilah rosa emblazoned across front, each one is individually adorned religious nationalistic artwork - no two are identical. for ed sarao, head sarao motors first makers jeepneys vehicle represents multi-cultural history philippines. "there bit spanish, mexican traits there; how they incorporate vivid colours, fiesta-like feelings. there little americans because it evolved from jeep. japan japanese engine. but was built filipino hands," he says.

China's slowdown and

In case you hadn't noticed, China's economy is going through an enormous gear change. And, given the monster that China has grown into, its planned "rebalancing" is not something the rest of us can afford to ignore. In fact, the next few years promise to be quite rocky. First the back story: China has been following the Asian development strategy pioneered by Japan from the 50s to the 80s, and then pursued by the "Tiger" economies of Korea, Taiwan, Hong Kong and Singapore.

After Khalidiya, Syr

Government and opposition sources are not quite yet in agreement on what is happening in Khalidiya. Syrian state TV began reporting on Sunday night that this opposition enclave of Homs, held by the rebels since the summer of 2011, had fallen.

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