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  • DUBAI, April 20- Saudi Basic Industries Corp reported a dip in its quarterly earnings on Sunday as its chief executive said a shortage of natural gas was limiting its domestic growth, making expansion abroad vital.

  • *Large retailers increasingly target black townships. SOWETO, South Africa, April 20- In this corner of South Africa's black township of Soweto, the biggest building used to be the Catholic church. Grace has been running the shop with her husband since 1993, the year before South Africa's first all-race elections.

  • APNewsBreak: Africa land grabs endanger elephants Sunday, 20 Apr 2014 | 4:33 AM ET

    WASHINGTON— Political and military elites are seizing protected areas in one of Africa's last bastions for elephants, putting broad swaths of Zimbabwe at risk of becoming fronts for ivory poaching, according to a nonprofit research group's report that examines government collusion in wildlife trafficking.

  • Guinea to cancel BSG Resources-Vale mining rights Saturday, 19 Apr 2014 | 12:32 PM ET

    CONAKRY, Guinea— The government of Guinea is planning to revoke the mining rights to one of the largest untapped iron ore deposits in the world, following a watchdog's recommendation. Government spokesman Damantang Camara announced late Friday that Guinea would follow the committee's recommendation.

  • New Americans turn to goats to address food demand Friday, 18 Apr 2014 | 10:52 AM ET

    COLCHESTER, Vt.— A bunch of kids in a minivan are solving twin challenges in northern Vermont: refugees struggling to find the food of their homelands and farmers looking to offload unwanted livestock.

  • CONAKRY, April 17- Guinea's government has accepted a report recommending the cancellation of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian miner Vale, a spokesman said on state television on Thursday.

  • 5 newspapers suspended in Ivory Coast Thursday, 17 Apr 2014 | 10:26 AM ET

    ABIDJAN, Ivory Coast— Five Ivory Coast newspapers whose publications have been temporarily suspended are denouncing the measure. Most of the newspapers were suspended for mocking President Alassane Ouattara or referring to him as a dictator. The National Press Council, acting on a government complaint, banned the papers for several issues.

  • LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division that contributes about half of group profit. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • JOHANNESBURG, April 17- Africa's demand for bandwidth is doubling every year, outpacing the laying of terrestrial telecom fibre links and encouraging commercial satellite operators to launch more units into orbit.

  • Barclays reorganises management of investment bank Thursday, 17 Apr 2014 | 9:32 AM ET

    LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday, while it continues with a review of the division that contributes about half of the group's total profits. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • News Summary: Philip Morris Int'l 1Q profit falls Thursday, 17 Apr 2014 | 9:21 AM ET

    THE RESULTS: Philip Morris International Inc.' s first-quarter profit dropped nearly 12 percent to $1.88 billion as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

  • Philip Morris Int'l 1Q profit falls nearly 12 pct Thursday, 17 Apr 2014 | 7:40 AM ET

    RICHMOND, Virginia— Philip Morris International's first-quarter profit dropped nearly 12 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

  • PepsiCo's profit rises on snack sales, price hikes Thursday, 17 Apr 2014 | 7:05 AM ET

    NEW YORK— PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks.

  • JOHANNESBURG, April 17- Africa's demand for bandwidth is doubling every year, outpacing the laying of terrestrial telecom fibre links and encouraging commercial satellite operators to launch more units into orbit.

  • NEW DELHI, April 17- India's oil imports from Iran more than doubled in March from a year ago to about 387,000 barrels per day. Iranian shipments in the first quarter of this year rose about 43 percent from the same period in 2013, according to tanker arrival data obtained from trade sources and compiled by Thomson Reuters Oil Analytics. For a full story, see:.

  • Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.

  • LONDON, April 16- Trading house Gunvor reported core earnings rose by a quarter in 2013 and said it expected to improve results again in 2014 despite the brief turmoil it faced last month due to its close links to Russia.

  • *The UK is a great place to do business, says Starbucks EMEA boss. LONDON, April 16- Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said on Wednesday.

  • ALGIERS, April 16- Cramped with his young wife and three infants in a shack in Algiers' Citi Hofra slum, Amin Kerchach could be forgiven for being angry at missing out on Algeria's gas wealth.

  • AP names Nigeria chief of bureau Wednesday, 16 Apr 2014 | 10:18 AM ET

    JOHANNESBURG— The Associated Press has named Michelle Faul, who has covered the major stories of Africa over the past three decades, as its bureau chief in Nigeria. Faul has been AP's chief Africa correspondent based in Johannesburg since 2005, traveling widely in sub-Saharan Africa.

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