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Business Africa

  • DUBAI, March 21- New restrictions on passengers carrying electronics on U.S. flights will be in place for nearly seven months, an Emirates spokeswoman said on Tuesday. The Department of Homeland Security will require passengers travelling from 10 Middle East airports, including Emirates' Dubai hub, to stow electronic devices larger than a mobile phone with...

  • WASHINGTON, March 21- The Trump administration confirmed Tuesday it is imposing new restrictions on electronic devices carried by travelers coming to the United States from 10 airports mainly in the Middle East and North Africa in response to unspecified terror threats. The Department of Homeland Security will require passengers coming to the United...

  • CAIRO— The Latest developments related to the U.S. government move to bar passengers in eight Muslim-majority countries from bringing laptops and other electronics onboard direct flights to the United States:. Royal Jordanian flies from the Jordanian capital of Amman to New York, Chicago and Detroit. The official says Middle East Airlines, Lebanon's...

  • WASHINGTON— U.S. and British officials said Tuesday the decision to bar laptops and tablets from the cabins of some international flights wasn't based on any specific threat but on longstanding concerns about terrorists targeting jetliners. The U.S. ban affects flights from Amman, Jordan; Kuwait City, Kuwait; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia;...

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • The ban was revealed Monday in statements from Royal Jordanian Airlines and the official news agency of Saudi Arabia. A U.S. official told The Associated Press the ban will apply to nonstop flights to the U.S. from 10 international airports serving the cities of Cairo in Egypt; Amman in Jordan; Kuwait City in Kuwait; Casablanca in Morocco; Doha in Qatar; Riyadh and...

  • *Newest focus is on southeast and south Asia. LONDON, March 20- Arcelik, the home appliances arm of Turkey's biggest industrial conglomerate Koc Holding, is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on Monday. He forecast "significant demand growth" in southeast Asia and the Indian...

  • LONDON— Sotheby's is displaying the startling "pink star" diamond in London before it's being auctioned in Hong Kong next month. It said Monday that the 59.60- carat gem is the largest flawless fancy pink diamond ever graded by the Gemological Institute of America. Sotheby's jewelry division chief David Bennett said the gem's size and color "surpassed any known...

  • GIBRALTAR— All Antonio Molina has to do to cross the border into Gibraltar for work is wave an identity card, barely slowing his motorbike's pace. The Spanish delivery man's job depends on the border being open, a fact that's under threat as Britain leaves the European Union, dragging the overseas territory with it. Gibraltar, which is barely twice the size of...

  • DUBAI, March 20- DP World, an operator of ports from Algeria to Peru, is optimistic about growth in emerging markets, undeterred by U.S. The Dubai- controlled company's chairman said he expects growth in Latin America, Asia and Africa. DP World, one of the world's largest port operators, will spend $1.2 billion this year, adding capacity at its flagship Jebel Ali port in...

  • DAKAR, March 19- When Senegalese money transfer firm Wari agreed to buy the local mobile arm of Luxembourg- based Millicom International Cellular last month, it set the stage to challenge Orange's hold on mobile phones in French-speaking West Africa. Wari plans to list on the West Africa stock exchange in Ivory Coast this year, after the $129 million deal to buy...

  • DAKAR, March 19- When Senegalese money transfer firm Wari agreed to buy the local mobile arm of Luxembourg- based Millicom International Cellular last month, it set the stage to challenge Orange's hold on mobile phones in French-speaking West Africa. Wari plans to list on the West Africa stock exchange in Ivory Coast this year, after the $129 million deal to buy...

  • DAKAR, March 19- When Senegalese money transfer firm Wari agreed to buy the local mobile arm of Luxembourg- based Millicom International Cellular last month, it set the stage to challenge Orange's hold on mobile phones in French-speaking West Africa. Wari plans to list on the West Africa stock exchange in Ivory Coast this year, after the $129 million deal to buy...

  • DAKAR, March 19- When Senegalese money transfer firm Wari agreed to buy the local mobile arm of Luxembourg- based Millicom International Cellular last month, it set the stage to challenge Orange's hold on mobile phones in French-speaking West Africa. Wari plans to list on the West Africa stock exchange in Ivory Coast this year, after the $129 million deal to buy...

  • A man who attacked soldiers at Paris Orly airport shouted he would "die for Allah," Paris prosecutor Francois Molins said.

  • Oil workers conduct a drill in a petroleum well in Lagunillas at the east coast of Lake Maracaibo near Maracaibo City in Venezuela.

    Months after a deal to curb production, oil looks flat and cash-hungry crude producers are struggling to manage the fallout.

  • PARIS, March 18- French Finance Minister Michel Sapin said he regretted that a meeting of world financial leaders on Saturday had failed to reach satisfactory conclusions on climate change and trade. Sapin highlighted successes of the G20 meeting in Germany such as a determination to fight tax avoidance, clamp down on terrorist financing and strengthen...

  • MOSCOW- Central Bank of Russia Deputy Governor Vasily Pozdyshev will hold a presentation of new banking legislation- 0800 GMT. CANBERRA- Reserve Bank of Australia Assistant Governor Luci Ellis to speak at the ACT Launch of the Women in Economics Network. WARSAW- National Bank of Poland monetary policy council meeting.

  • YENAGOA, Nigeria March 17- Nigeria's amnesty program which provides vocational training and stipends to former militants who attacked oil facilities in its Niger Delta energy hub is struggling with a shortfall of funds, a special adviser to the president said. The government has been in talks with militants to end the attacks which cut Nigeria's output by...