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  • PARIS— Moroccan authorities have given furniture giant Ikea the green light to open its first store in the North African kingdom after months of uncertainty. The store was due to open near Casablanca in September, but received a last-minute notice saying the company lacked the proper certificate of conformity. The Moroccan government then announced a...

  • NYAHURURU, Kenya— This Valentine's Day, there's a good chance your flowers came from Kenya. "I know the flowers are for giving on Valentine's Day," said Phanice Cherop, a worker at a flower farm in Kenya. Such conditions have helped make Kenya become the world's fourth-biggest supplier after the Netherlands, Ecuador and Colombia.

  • *Russia, a poltical favorite, ability to fund plants, a bonus. JOHANNESBURG, Feb 12- South Africa will finalise requirements for its 9,600 megawatt nuclear power plant by April, with Russia and China the front-runners to win the bid, a government official involved in the negotiations told Reuters. Political alliances, Pretoria and Moscow's membership of the BRICS...

  • Congress bans import of forced labor products Friday, 12 Feb 2016 | 1:29 AM ET

    A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85- year-old tariff law that has failed to keep products of forced and child labor out of America.

  • The virus often produces either no symptoms or mild ones like fever in adults, but an outbreak in Brazil has been linked to a rare birth defect that causes a newborn's heads to be smaller and brain development issues. Outbreaks also have been reported in parts of Africa, Southeast Asia, the Pacific Islands, and the Americas. Pest control companies in Texas are...

  • Feb 11- Avon Products Inc reported a bigger-than-expected drop in quarterly sales as it failed to revive demand for its cosmetics in Latin America, casting doubts over the company's ability to turn around without changing its business model. Avon is selling most of its North America business to Cerberus Capital, its biggest investor, after four years of...

  • UPDATE 1-Italy opens tax probe on Google managers-sources Thursday, 11 Feb 2016 | 10:58 AM ET

    MILAN, Feb 11- Prosecutors are investigating five managers at Alphabet Inc's Google as part of a probe into allegations the firm evaded taxes worth 227 million euros in Italy, investigative sources said on Thursday. Meanwhile, tax authorities in some countries, including Italy, are also trying to use existing tax rules to force companies to pay more tax on the...

  • UK lawmakers tell Google to come clean on tax Thursday, 11 Feb 2016 | 10:48 AM ET

    LONDON, Feb 11- UK lawmakers accused Google on Thursday of trying to fool Britons into believing it was a proponent of tax reform while remaining a prime beneficiary of loopholes in existing rules, and said if it was sincere the company would be more transparent over its tax affairs. Google's president for Europe, Middle East and Africa, Matt Brittin, told the...

  • NEW YORK, Feb 11- A U.S. government weather forecaster on Thursday said the El Nino weather phenomenon under way was likely to dissipate by the Northern Hemisphere's late spring or early summer and possibly transition to La Nina conditions later this year. The National Weather Service's Climate Prediction Center said in its monthly forecast that most models...

  • LAGOS, Feb 11- Nigeria's stock exchange, Africa's second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. "We would like to give exposure to asset classes that we are not necessarily trading," chief executive Oscar Onyema, a former Wall Street executive who returned home like...

  • CAPE TOWN, Feb 11- From Ebola to Islamist insurgents to social unrest triggered by the global commodity downturn, mining firms operating in West Africa face mounting security challenges, analysts and executives say. "As mining companies lay off employees to protect their balance sheets as a response to the global commodity downturn, there is an increased risk...

  • *Rubbish rots, water contaminated as budgets cut. LUANDA, Feb 11- When a plunge in oil prices prompted Angola's government to slash public spending last year, street trader Antonio Simao Baptista had no idea it would leave his rundown suburb overwhelmed by filth and disease. The budget of Africa's second largest oil exporter has been cut again this year and is 40...

  • Italy opens tax probe on Google managers-sources Thursday, 11 Feb 2016 | 7:36 AM ET

    MILAN, Feb 11- Italian prosecutors are investigating at least three managers at Alphabet Inc's Google as part of a probe into the company's suspected evasion of taxes worth 227 million euros, investigative sources said on Thursday. Meanwhile, tax authorities in some countries, including Italy, are also trying to use existing tax rules to force companies to pay...

  • JOHANNESBURG, Feb 11- South African retailer Woolworths Holdings Ltd will aim to conserve cash as growth slows in its home market, Chief Executive Ian Moir said on Thursday. Woolworths, which sells upmarket food and clothing, warned rising interest rates in South Africa would further pressure consumers in Africa's most advanced economy, where it makes nearly...

  • UPDATE 2-Nokia leaves investors in dark over outlook Thursday, 11 Feb 2016 | 4:41 AM ET

    *Nokia warns over China slowdown. HELSINKI, Feb 11- Finnish telecom gear maker Nokia warned that demand for new mobile networks would slow this year in China and said it would not give a financial outlook until April following its acquisition of Alcatel-Lucent. Nokia CEO Rajeev Suri said the company expected market growth this year in North America, India, the...

  • TORONTO, Feb 10- Kinross Gold Corp, squeezed by slumping prices and production declines, expects to shake off a money-losing 2015 with record output and lower costs this year, the world's fifth-largest producer by output said on Wednesday. Chief Executive Paul Rollinson said the Toronto- based miner is "running a tight ship" that reflects a disciplined approach...

  • *Nigeria suffering its worst economic crisis for decades. LAGOS/ ABUJA, Feb 10- Nigerian Finance Minister Kemi Adeosun plans to travel to China next week, aiming to negotiate a loan of up to $2 billion to help fund record budget spending, financial and government sources said on Wednesday. They also said Nigeria- which is suffering its worst economic crisis for...

  • *China markets closed for Lunar New Year, to reopen Monday. LONDON, Feb 10- Copper slid to a two-week low on Wednesday, pressured by a stronger dollar as Federal Reserve Chair Janet Yellen pointed to the prospect for further gradual adjustments to monetary policy. She cited global risks such as falling stock prices and uncertainty over China, but said there was good...

  • Asahi offers to buy Peroni, Grolsch beers from AB Inbev Wednesday, 10 Feb 2016 | 9:54 AM ET

    LONDON— Budweiser-maker AB InBev has received a binding offer of 2.55 billion euros for the European beer brands Grolsch, Peroni and Meantime— a sale that is meant to address regulatory concerns about its mega merger with SABMiller. "SABMiller has grown Peroni and Grolsch into world-renowned premium brands, and we are confident that, along with fast-growing...

  • *China markets closed for New Year break; to reopen Monday. LONDON, Feb 10- Copper hit a two-week low on Wednesday on persistent worries over global growth, and as traders awaited testimony from Federal Reserve Chair Janet Yellen for clues on the outlook for the dollar. "I expect Yellen to sound a bit more dovish but to keep the door open for rate hikes, which means are...