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  • CHICAGO, July 2- An experimental Johnson& Johnson vaccine completely prevented HIV infection in half of monkeys that got the shot and then were exposed to high doses of an aggressive virus, results that spurred the company to test the vaccine in people, academic and company researchers said on Thursday. The international trial is underway in 400 healthy...

  • Orange aims for growth in Africa, Middle East Thursday, 2 Jul 2015 | 1:14 PM ET

    LONDON, July 2- Telecom operator Orange aims to grow revenue from its Africa and Middle East operation by about 5 percent a year through 2018 and is looking for expansion opportunities in the region, Chief Financial Officer Ramon Fernandez said. Orange sees Africa and the Middle East as key to the French company's future, especially since it sold its mobile...

  • LONDON, July 2- International investors, dismayed by Nigeria's decision to delay a naira devaluation they see as long overdue, will hold back from its stock and bond markets, raising risks of a deeper crisis in Africa's biggest economy. "It will take a combination of weaker currency and higher interest rates to get us back to Nigeria," said Kieran Curtis, a bond fund...

  • ADDIS ABABA, July 2- A property boom in Ethiopia's capital is putting pressure on the government to keep homes affordable for some of Africa's poorest people who also live in one of its fastest-growing economies. Smart flats and hotels in mirror-glass buildings rise up in areas of Addis Ababa where shacks once stood. If I had enough money, I would buy more, "said...

  • ABUJA, July 1- Nigeria should merge its debt-laden airlines and create a national carrier in partnership with a global airline to boost revenue and create jobs, a ruling party strategy report seen by Reuters on Wednesday shows. Muhammadu Buhari, who was sworn in as president of Africa's top oil producer and biggest economy on May 29, is considering...

  • *Berlin plays down suggestion of policy rift with Paris. PARIS, July 1- France wants the euro zone to push for a deal with Greece before Sunday's referendum, President Francois Hollande said on Wednesday, in comments that differed sharply from those of German leaders. "It is our duty to keep Greece in the euro zone.

  • A statement published on the state-run Petroleum Exploration and Production Department website showed the 17 companies are from 11 countries including the United States, Russia, China and Africa's largest oil producer, Nigeria. London- listed Tullow Oil, which is already operating in Uganda alongside France's Total and China's CNOOC, was also on the PEPD...

  • DUBAI, July 1- Dubai- based Investbridge Capital, Centum Investment Company and education firm SABIS Holdings have agreed to set up a firm which will invest "hundreds of millions of dollars" establishing schools in Africa, the group said on Wednesday. "We expect to deploy hundreds of millions of dollars in the coming years," Mark DeSario, chief executive of...

  • JOHANNESBURG/ LONDON, July 1- South Africa's platinum sector is at a crucial juncture as the metal's price, near six-year lows, maintains a steady decline, with analysts now contemplating a move below $1,000 an ounce. Platinum has fallen nearly 10 percent so far this year, and at current prices of less than $1,100 an ounce, many shafts in the world's top producing...

  • UPDATE 2-France to keep pushing for Greek deal - Sapin Wednesday, 1 Jul 2015 | 5:57 AM ET

    *Berlin plays down suggestion of policy rift with Paris. PARIS, July 1- France will keep pushing for a deal between Athens and its creditors ahead of Sunday's referendum, Finance Minister Michel Sapin said on Wednesday, hours before euro zone finance ministers were due to hold a new crisis conference call. Last-minute overtures by Greece to international...

  • UPDATE 1-China calls for Greek debt talks to continue Wednesday, 1 Jul 2015 | 4:06 AM ET

    BEIJING, July 1- China's Foreign Ministry on Wednesday called for talks between Greece and its creditors to continue, after the country defaulted on a loan with the International Monetary Fund. "From China's point of view we hope to see that the EU and euro zone can appropriately resolve this issue and Greece can continue to remain in the euro zone.

  • CALAIS, France, June 30- Ferry workers on Tuesday threatened to continue their protest on Wednesday after blocking Calais' port for two days, forcing the closure of the Channel Tunnel linking France and England for several hours. Traffic in both directions, halted on early Tuesday afternoon, resumed at around 1500 GMT, Eurotunnel said. Eurotunnel Chief Executive...

  • *Thousands have left Tunisia since Friday attack. *Sector will lose $500 million this year, says govt. SOUSSE, Tunisia, June 30- Tunisian shopkeeper Aghmi Bubaker doesn't need to be told that he is experiencing the worst threat yet to his forty-year career in tourism- the bullet hole in his battered green Mercedes Benz is a daily reminder.

  • CALAIS, France, June 30- Protesting ferry workers forced the closure of the Channel Tunnel linking France and England on Tuesday, blocking its entrance and setting fire to tyres thrown onto railway tracks. Workers at ferry service MyFerryLink are trying to prevent job cuts after their company was sold to a Danish firm earlier this month. Calais is a magnet for...

  • *Officials probing link to Libya training camps. TUNIS, June 30- The Tunisian gunman who attacked a resort hotel on Friday killing 39 people, mostly British holiday-makers, likely spent time a training camp in Libya and had been in contact with militants over the border, a security source said on Tuesday. Investigators were verifying whether the gunman, a student...

  • LONDON/ HONG KONG, June 30- Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals. Initial public offerings had reigned supreme in the first half of last year, but they dropped by 18 percent to $96.8 billion...

  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • President Barack Obama on Monday signed into law legislation that gives him "fast-track" power to push ahead on a Pacific Rim trade deal that has been the subject of intense debate in Congress and across the nation. Flanked by some of the lawmakers who supported the bill through a six-week congressional battle, Obama acknowledged that his fight to secure the 12-...

  • The next act: what happens now in Greece's drama Monday, 29 Jun 2015 | 12:45 PM ET

    FRANKFURT, Germany— Greece has entered the twilight zone. Between now and then Greece remains suspended between collapse and an uncertain rescue, between membership in the 19- member euro club and the possibility of a humiliating exit. If Greece doesn't pay, it will take a while for the IMF to actually declare Greece in default.

  • DUBAI, June 29- An assault on a Tunisian resort, which killed 39 people, has sent holidaymakers fleeing and dealt a major blow to the country's tourism industry, but the broader economy should be robust enough to withstand the shock. European tour operators are evacuating thousands of tourists after Friday's attack by a lone militant on a beach in Sousse and many...