GO
Loading...

Enter multiple symbols separated by commas

Business Africa

More

  • Malaysian premier: plane debris to be sent to France Thursday, 30 Jul 2015 | 12:32 AM ET

    SAINT-ANDRE, Reunion— A barnacle-encrusted wing part that washed up on a remote Indian Ocean island could help solve one of aviation's greatest mysteries, as investigators work to connect it to the Malaysia Airlines flight that vanished more than a year ago. The surprise discovery of the debris on a rocky beach stirred hopes and emotion among families of the...

  • US official: Debris in Indian Ocean belongs to Boeing 777 Wednesday, 29 Jul 2015 | 5:44 PM ET

    WASHINGTON— Air safety investigators have a "high degree of confidence" that aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, a U.S. official said Wednesday. A French official close to an investigation of the debris confirmed Wednesday that French...

  • US agency says it is 'deeply concerned' about lion kill Wednesday, 29 Jul 2015 | 3:21 PM ET

    WASHINGTON— The U.S. Fish and Wildlife Service says it is ready to assist Zimbabwe in its investigation of an American dentist's killing of a protected African lion and will conduct its own probe. Laury Parramore of the Fish and Wildlife Service on Wednesday declined to say what the agency might do once it has more information. Police have not said whether Palmer...

  • July 29- Thomson Reuters Corp on Wednesday reported higher-than-expected quarterly profit as the company's biggest division that serves banks and financial institutions showed underlying revenue growth for the first time since 2011.. Thomson Reuters shares, which had been down more than 6 percent in 2015 through Tuesday, rose 4.5 percent after the...

  • UPDATE 3-Barclays to speed up cost-cuts and asset sales Wednesday, 29 Jul 2015 | 11:31 AM ET

    LONDON, July 29- Barclays' new chairman sought to stamp his mark on the bank on Wednesday by accelerating the sale of assets and cost cutting after the group produced a 12 percent increase in second-quarter profits. Chairman John McFarlane, who arrived at Barclays in April with a reputation for taking bold action, laid out his plans for the bank after ousting Chief...

  • *To restructure and downsize India operations. *To stop production at one of two plants in India. NEW DELHI, July 29- General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity in the country due to sluggish demand.

  • UPDATE 1-Kuwait's Zain Q2 net profit falls 33 pct Wednesday, 29 Jul 2015 | 8:44 AM ET

    DUBAI, July 29- Zain, Kuwait's biggest telecom operator by subscribers, reported a 33 percent fall in second-quarter profit on Wednesday, extending a sustained earnings slump as difficulties in Iraq and a strong dollar hurt earnings. The former monopoly, which operates in eight countries in the Middle East and Africa, made a net profit of 39.2 million dinars in...

  • LONDON/ PARIS, July 29- A Sudanese man died on Wednesday as migrants desperate to enter Britain from France stormed the channel tunnel entrance and British ministers and security chiefs held an emergency meeting to try to tackle the growing crisis. Freight and passenger traffic through the rail tunnel has been severely disrupted as migrants camped out in...

  • US strength helps Goodyear top expectations Wednesday, 29 Jul 2015 | 8:24 AM ET

    AKRON, Ohio— The Goodyear Tire& Rubber Co. on Wednesday reported a drop in second-quarter profit as a strong U.S. dollar cut into international sales, but the results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The Akron, Ohio- based company saw revenue fall 10.4...

  • Cecil the lion killer has bear-related felony Wednesday, 29 Jul 2015 | 8:20 AM ET
    In this frame grab taken from a November 2012 video made available by Paula French, a well-known, protected lion known as Cecil strolls around in Hwange National Park, in Hwange, Zimbabwe.

    The American dentist who killed Zimbabwe's beloved Cecil the lion has a felony record over the hunting of black bear in in Wisconsin, NBC News reports

  • MUMBAI, July 29- Global rice prices are likely to surge by 10 percent to 20 percent in the next few months as an El Nino weather pattern grips top producers in Asia, baking the region's croplands and whittling down stocks of the grain to multi-year lows. While higher prices of a key staple would be bad news for impoverished countries in Asia and Africa, lower output...

  • France deploys riot police to bolster Calais security Wednesday, 29 Jul 2015 | 5:02 AM ET

    CALAIS, France— The young Afghan has tried every single day for three months to get into the railway tunnel in Calais leading to England and what he hopes will be a better life. Men and women, some hiding their faces beneath bandannas, walked single file to sneak over a bent fence along the train tracks leading to the tunnel and ultimately to England.

  • WARSAW, Poland— Jan Kulczyk, Poland's richest man and the founder and president of investment empire Kulczyk Holding, who made his fortune during Poland's economic transformations, has died from complications following surgery, the company said Wednesday. Poland's edition of the Forbes Magazine estimated his wealth at some 15 billion zlotys.

  • Dubai airport traffic rises 16.7 pct y/y in June Wednesday, 29 Jul 2015 | 4:39 AM ET

    DUBAI, July 29- Dubai International Airport recorded a 16.7 percent year-on-year jump in passenger traffic in June, reflecting runway maintenance during the summer of 2014, the operator of the world's busiest airport by international traffic said on Wednesday. Growth was powered by traditional markets in the Indian subcontinent and Gulf countries, as well...

  • With the House of Representatives and Senate rushing toward a five-week summer recess, Republican leaders in both chambers embraced the newest version of a bill to temporarily fund road and mass transit construction projects. Late on Monday, the Senate demonstrated strong support for renewing the Ex-Im Bank, whose charter expired on June 30, by attaching a...

  • July 28- Freeport-McMoRan Inc may cut output at its small North American copper and molybdenum mines to help it reduce costs, analysts said on Tuesday after the miner and oil producer announced a cost and spending review amid weak commodity prices. Shares in Arizona- based Freeport leapt on the announcement, and were last up 9.4 percent at $12.44 on the New York...

  • The new plan leaves the Senate few options but to pass the short-term extension or face a disruption in federally funded road and mass transit projects starting on Aug. 1. The Senate late on Monday voted to attach a revival of the government trade bank, idled since July 1, to a six-year transportation spending plan that identifies funding for about three years'...

  • UPDATE 1-Etisalat's net profit falls 40 pct Tuesday, 28 Jul 2015 | 10:55 AM ET

    *Q2 net profit 1.5 bln dirhams vs 2.51 bln dirhams a yr ago. DUBAI, July 28- Abu Dhabi- listed telecoms firm Etisalat missed analyst estimates by reporting a 40 percent fall in second-quarter net profit on Tuesday that it blamed on its troubled Saudi Arabia affiliate Mobily and foreign exchange losses. Etisalat, which operates in about 19 countries across the...

  • FRANKFURT, July 28- Business planning software start-up Anaplan is nipping at the heels of industry leaders SAP, Oracle and IBM, with sales of its cloud-based service tripling in each of the past three years as it seeks to shake up the market. While major players like SAP, Oracle's Hyperion business and IBM's Cognos and Applix units have been forced to offer...

  • Mozambique coal: boom to bust to wait it out Tuesday, 28 Jul 2015 | 10:20 AM ET

    Just a few years ago, billions of dollars poured into Mozambique, one of the world's poorest nations, in a twin scramble for inland coal and offshore gas. "At this stage Mozambique is not a coal story any more. "It's really a liquefied natural gas story now and I think the government is shifting its focus from coal to LNG," she told Reuters on the sidelines of a Mozambique...