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  • LONDON, April 28- An Indian-flagged oil tanker is returning to Libya, the North African country's rival oil corporation said on Thursday, after its failed first attempt to export crude oil led to the ship being blacklisted by the United Nations Security Council. The Distya Ameya tanker is heading to the western Libyan port of Zawiya, said Nagi al-Maghrabi,...

  • NEW DELHI, April 28- India has instructed an Indian-flagged oil tanker that has been blacklisted by the U.N. not to discharge its cargo of crude oil from Libya's rival eastern government and to await instructions from the United Nations, a senior Indian government official said on Thursday. The tanker, the Distya Ameya, is carrying 650,000 barrels of crude on...

  • NAIROBI, April 28- Kenya Airways pilots called off a strike on Thursday after the carrier met some of their demands, the Kenya Airline Pilots Association said, adding they would fully resume work on Friday. KALPA's members took the industrial action earlier on Thursday to push for the removal of the airline's chief executive, prompting Kenya Airways to cancel...

  • NAIROBI, April 28- Online activists who claim ties to Anonymous said on Thursday they had begun to leak documents from Kenya's foreign ministry as part of a campaign to expose government and corporate corruption across Africa. A link to a sample of 95 documents was published to a widely known Anonymous Twitter account, part of what it claimed was a one-terabyte...

  • NAIROBI, April 28- Kenya Airways said on Thursday it had cancelled all but two evening flights due to a walkout by some of its pilots, despite an agreement reached a day earlier to defer the strike until June. Instead of turning up for work on Thursday, scores of pilots attended a meeting of the Kenya Airline Pilots Association. The airline said the strike had...

  • JOHANNESBURG, April 28- Thousands of shoppers queued on Thursday at the opening of one of the largest malls in South Africa, set in middle-class suburbia between Johannesburg and Pretoria. The Mall of Africa will house over 300 shops, including global brands such as Inditex's Zara, Hennes& Mauritz, Cotton On and Starbucks. They want to attract the rising number of...

  • *Shareholders approve Africa unit selldown. LONDON, April 28- Barclays Chairman John McFarlane has pledged to deliver a "clean and prosperous" 2018 to investors, putting a deadline on a vast program of restructuring and asset sales that will cause staffing numbers to fall by 50,000.. Investors grilled Staley and McFarlane in a generally good-natured...

  • BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the value of its portfolio and after a downgrade by the bank that worked on the company's 2014 stock market debut. Rocket and co-investor Kinnevik said on Wednesday a new fundraising at online emerging markets player Global...

  • LONDON/ TRIPOLI, April 28- Libya's National Oil Corporation has ambitious plans to restore output to pre-2011 levels after years of violence and disruption, officials said. Oil output is now less than a quarter of the 1.6 million barrels per day Libya pumped before Muammar Gaddafi fell in 2011, and the National Oil Corporation in Tripoli hopes to ramp it up...

  • NAIROBI, April 28- Kenya Airways said some flights were cancelled on Thursday due to a walkout by some of its pilots, despite an agreement reached a day earlier to defer the strike until June. Instead of turning up for work on Thursday, scores of pilots attended a meeting of the Kenya Airline Pilots Association. "We have had some disruptions this morning as a result of...

  • *Global Fashion Group sees valuation cut to 1 bln euros. BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the worth of its portfolio after a cut in the valuation of its online clothing sites operating in emerging markets. Rocket and co-investor Kinnevik said on Wednesday a new...

  • Pretax profits more than doubled in North America and Asia. Europe recorded its best quarter since 2008.. Demand for SUVs, trucks and commercial vans was insatiable in North America, China and Europe, offsetting a 29- percent decline in sales in Brazil and weaker sales in the Middle East and Africa.

  • HONG KONG— A unit of Chinese conglomerate HNA Group has agreed to buy Carlson Hotels, which owns brands including Radisson and Country Inns and Suites, the latest in a flurry of overseas investments by Chinese companies. Other deals this year include Haier Group's acquisition of General Electric's home appliance business, conglomerate Wanda Group's...

  • THURSDAY, APRIL 28 MAKATI CITY, Philippines- Central Bank of Philippines Governor Amando Tetangco to attend a financial inclusion summit- 0100 GMT. PARIS- Czech National Bank board member Kamil Janacek to attend a Economic and Development Review committee meeting. PRAGUE- Czech Banking Association holds a press conference to update macroeconomic forecast-...

  • Goldcorp's two newest mines, Eleonore in Canada and Cerro Negro in Argentina, continued to ramp up in the quarter and underground mine development is "advancing well," Chief Executive David Garofalo said in a statement. Goldcorp said it will decide around mid-year whether to go ahead with two proposed projects, the Penasquito pyrite leach plant in Mexico and the...

  • BENGHAZI, Libya, April 27- A trading company involved in loading 650,000 barrels of oil for a parallel national oil corporation set up by one of Libya's rival governments said on Wednesday it believed the shipment was legitimate and had not been notified otherwise. The Tripoli NOC and its international backers say that if the eastern government succeeds in its...

  • TOKYO, April 27- Japan's biggest brokerage Nomura Holdings posted its first quarterly loss since 2011 on Wednesday and detailed deep cost cuts designed to get its global business back into the black. Nomura said it would target $700 million in cuts to its wholesale division within two years in a bid to return its overseas business to profit by March 2017.

  • *Plan is to eventually list on London Stock Exchange. LONDON, April 27- Nestle has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in more than 20 countries, its latest attempt to adapt to a changing and more competitive market. The 50/ 50 joint venture, to be called Froneri, will combine the Nestle and R&R ice...

  • PARIS, April 27- French retailer Fnac is set to clinch a takeover deal for electronics chain Darty after rival bidder Steinhoff effectively dropped out of the race on Wednesday. South African furniture retailer Steinhoff said it would not raise its latest 160 pence a share offer for Darty because that would "no longer create sufficient value for its...

  • LONDON, April 27- Nestle has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in over 20 countries, its latest attempt to adapt to a changing and more competitive packaged food market. The 50/ 50 joint venture, to be called Froneri, will combine the Nestle and R&R ice cream businesses in Europe, the Middle East,...