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  • DIARY- Top Economic Events to June 11 Thursday, 28 May 2015 | 8:01 PM ET

    SOFIA- European Central Bank board member Yves Mersch speaks at the Bulgarian Authorities 2015 IMF/World Bank Constituency Meetings- 1100 GMT. BARCELONA, Spain- European Central Bank board member Vitor Constancio speaks at the XXXI Reunion Circulo de Economia- 0730 GMT. HARTFORD, United States- Federal Reserve Bank of Boston President Eric Rosengren speaks...

  • Vodafone investors open to Liberty deal Thursday, 28 May 2015 | 1:58 PM ET

    LONDON, May 28- Some of the biggest investors in Vodafone say they are open to a European tie-up with Liberty Global, as the British company is now in a stronger position to negotiate a deal with John Malone's cable group. The positive reaction stands in contrast to previous occasions when talk of a deal sent shares in Vodafone tumbling on fears that it, as the suitor,...

  • ABIDJAN, May 28- Nigeria's Agriculture Minister Akinwumi Adesina won an election on Thursday to be the new president of the African Development Bank, the lender said. After six rounds of voting that saw seven rivals from across the continent defeated, Adesina secured around 60 percent of the vote in an election held in Ivory Coast, where the AfDB is based.

  • TORONTO, May 28- Ivanhoe Mines Ltd's chief executive said on Thursday that he will meet with officials from the Democratic Republic of Congo this weekend to address any "misunderstandings" around his company's deal to sell nearly half of its Komoa copper project. The government opposes the transaction, according to media reports, because it was not consulted on...

  • ABIDJAN, May 28- The African Development Bank's governors began voting on Thursday to elect a new president to guide the pan-African lender through the continent's increasingly complex financial environment. Eight candidates, including Nigeria's agriculture minister, Akinwumi Adesina, Cape Verde's finance minister, Cristina Duarte, and a former...

  • Bush earned millions in juggling act as corporate adviser Thursday, 28 May 2015 | 12:58 AM ET

    WASHINGTON— During his transition from Florida governor to likely presidential candidate, Jeb Bush served on the boards of or as an adviser to at least 15 companies and nonprofits, a dizzying array of corporate connections that earned him millions of dollars and occasional headaches. "Board of directors and advisory boards are in charge of high-level...

  • *Turkey believes robust military vital for regional role- analyst. *China weapons deal has raised concern among NATO members. ANKARA, May 27- For years Turkey has boasted NATO's largest army, bar only the United States, and now President Tayyip Erdogan wants a defence industry to match.

  • *Pilots, avoiding storm clouds, flew towards Mount Cameroun. PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short...

  • SAO PAULO, May 26- Brazil will likely experience a moderate El Nino by the end of the year, bringing steady rain to the country's main grain producing regions and sustained drought in the arid north, the national meteorological institute, Inmet, said. El Nino can lead to scorching weather across Asia and east Africa, but heavy rains and floods in parts of South...

  • LAGOS, Nigeria— Nigeria's outgoing government has agreed to pay a debt of $800 million to resolve a months-long fuel crisis crippling the economy days before the inauguration of a new president in the country, oil suppliers said Wednesday. Chaos reigned Tuesday at Nigerian airports where most flights were cancelled. Nigeria— Africa's biggest oil producer—...

  • PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short evening trip from Malabo, the capital of Equatorial Guinea,...

  • PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short trip from Malabo, the capital of Equatorial Guinea, to...

  • Ford expands presence in Morocco Tuesday, 26 May 2015 | 9:15 AM ET

    "Ford sees Morocco has a country that has skilled labor and extremely good infrastructure," said Ford Middle East and North Africa director Kalyana Sivaganam. In addition to car parts, Morocco makes more than 200,000 automobiles a year, mainly from a Renault plant in Tangiers built in 2013.. Most cars are exported and made up more than 20 percent of all exports in...

  • JOHANNESBURG, May 25- South African fast-food restaurant group Famous Brands plans to enter Ghana this year as part of its drive to grow beyond a domestic market held back by high unemployment and sharply rising electricity costs. However the company, which runs Steers, Debonairs Pizza and Wimpy restaurants, said on Monday it was pulling out of India less than...

  • Correction: Nigeria-Fuel Crisis story Monday, 25 May 2015 | 8:34 AM ET

    LAGOS, Nigeria— In a story May 25 about Nigeria's fuel crisis, The Associated Press erroneously reported that the country produces more than 2 billion barrels of oil a day. Nigeria's leading cellphone provider urgently needs diesel to prevent countrywide shut-down. Nigeria's leading cellphone provider said Sunday it urgently needs diesel to prevent...

  • JOHANNESBURG, May 25- Illovo Sugar Ltd and Tongaat Hullett, Africa's two biggest producers of the sweetener, reported weaker full-year profits on Monday, blaming softer global prices and lower output, sending their shares sliding. Lower export prices to key regions such as the European Union were worsened by the weakening of the euro and the Brazilian real as...

  • LAGOS, Nigeria— Nigeria's leading cellphone provider said Sunday it urgently needs diesel to prevent shutting down services countrywide— the latest business hit by a months-long fuel crisis in Africa's biggest oil producer. Nigeria's woefully erratic electricity supply keeps businesses dependent on diesel generators. Nigeria produces more than 2...

  • Ireland first country to vote yes on gay nuptials Saturday, 23 May 2015 | 1:34 PM ET
    People celebrate a landslide victory of a Yes vote after a referendum on same sex marriage was won by popular ballot vote by a margin of around two-to-one at Dublin Castle on May 23, 2015 in Dublin, Ireland.

    Ireland is now the first nation to approve same-sex marriage by a popular vote, The NY Times reports.

  • Nigerian airlines cancel flights amid fuel crisis Saturday, 23 May 2015 | 10:06 AM ET

    LAGOS, Nigeria— Nigerian airlines grounded flights Saturday and radio stations were silenced as a months-long fuel shortage aggravated by striking oil tanker drivers worsened in Africa's biggest oil producer. Normally bustling roads in Lagos, a metropolis of 20 million, were half-empty and gas stations closed Saturday. Aero Contractors, one of Nigeria's...

  • *Enel plans to build 5 GW of renewable energy in Africa. PARIS, May 22- Italian utility Enel plans huge investments in renewable energy and grids in Africa, where it expects to find the kind of growth it has enjoyed in Latin America. Enel's chief executive officer Francesco Starace told Reuters that in five years Enel expects to have built up to 5,000 megawatts of...