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  • CAIRO, Oct 18- The three main countries that share the Nile River's waters moved toward an agreement to study whether a planned $4 billion Ethiopian dam would disrupt flows to downstream countries, water ministers of Ethiopia, Sudan and Egypt said after talks on Friday. But while the countries continue talks, construction will proceed on the Renaissance Dam,...

  • Rules vary about travel to countries hit by Ebola Friday, 17 Oct 2014 | 4:32 PM ET

    Demands are rising in Washington for the U.S. to ban travelers from countries in West Africa, but the Obama administration is resisting and says the screening measures already in place for travelers are more effective. There are no direct flights from Liberia, Guinea or Sierra Leone to the U.S. No direct flights from the three affected countries to London's...

  • CAIRO/ BENGHAZI, Libya, Oct 17- A self-styled rival government controlling Libya's capital announced its own oil policies this week, drawing a rebuttal from Prime Minister Abdullah al-Thinni who said oil revenues continued to go to the elected government. Libya is in turmoil, with two competing governments vying for control after Operation Dawn, an umbrella of...

  • JOHANNESBURG, Oct 17- Finance Minister Nhlanhla Nene will have his work cut out at next week's budget to try and reassure disillusioned South Africans that the government still has gas in its tank to pull the economy out of the doldrums. Twenty years after Nelson Mandela swept the African National Congress to power, pledging to unleash the economy and ensure...

  • Ahead of the Bell: Sarepta Therapeutics climbs Friday, 17 Oct 2014 | 7:39 AM ET

    Shares of Sarepta Therapeutics jumped 11 percent before the opening bell Friday after the drug developer said its potential Ebola treatment generated no safety concerns in early-stage human testing. The Cambridge, Massachusetts, company said Thursday that results from its study on healthy adult volunteers will be published in next month's issue of the...

  • COLUMN-Bretton Woods III or bust: James Saft Thursday, 16 Oct 2014 | 4:53 PM ET

    Oct 16- China is going to export capital, and either the U.S. puts it to good infrastructure use in a' Bretton Woods III' system or the world will face continued poor growth and high asset prices. Sanjeev Sanyal, global strategist at Deutsche Bank, calls it the Age of Chinese Capital, one in which the world's largest economy transitions to a consumer-driven model and...

  • How Ebola is impacting Africa's economy     Thursday, 16 Oct 2014 | 11:40 AM ET

    Manji Cheto, vice president at Teneo Intelligence, says the Ebola outbreak has had a "dramatic" impact on African iron ore producers and could also increasingly hit the continental tourism and aviation sectors.

  • *Q3 profit misses estimates as weak Gulf of Mexico hits margins. Oct 16- Baker Hughes Inc, the world's No.3 oilfield services provider, said its clients would reconsider projects if oil prices fell to and remained at $75 per barrel for a few months, although many of them considered the recent slide in oil prices a short term blip. The caution from came after Baker...

  • Infected nurse may be moved: Gov't official     Thursday, 16 Oct 2014 | 11:31 AM ET

    CNBC's Meg Tirrell reports the first nurse who has been treated for Ebola in Dallas may be transported to the NIH later today.

  • Employers confront Ebola concerns in workplaces Thursday, 16 Oct 2014 | 11:09 AM ET
    A CDC safety training course on Ebola in Anniston, Ala.

    Businesses are managing workplace concerns about the Ebola virus, USA Today reports.

  • Ebola preparation: What we need     Thursday, 16 Oct 2014 | 10:42 AM ET

    Dr. Michael Osterholm of University of Minnesota, believes the world has not responded to the Ebola epidemic in West Africa. Osterholm discusses whether hospitals are prepared in the U.S., saying the U.S. is really a minor player in the global picture of this infection.

  • JOHANNESBURG, Oct 16- South Africa's economic growth will probably accelerate next year if labour relations don't deteriorate again and if the global economy holds up reasonably well, a Reuters poll found on Thursday. If that happens, all bets are off, "said Dennis Dykes, chief economist at Nedbank, referring to crippling nationwide industrial unrest this year.

  • *Faltering euro zone economy, slower growth in China pose biggest risks. Indeed, the biggest danger for the world economy in the coming year is deflation or another recession in the euro zone, followed closely by the risk of slower growth in China, according to polls conducted globally over the past week. "Especially, the recent weakening of growth in emerging...

  • *Organic sales growth 4.5 pct, misses expectations. *Question mark on full-year outlook, shares slide. VEVEY, Switzerland, Oct 16- Nestle toned down expectations for full-year sales after slower third quarter growth showed the impact of softening demand in Asia and falling prices in Europe on the world's largest food company.

  • NAIROBI, Oct 16- Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region's new oil bonanza to the coast for export, a senior Kenyan energy ministry officials said on Thursday. In addition to the pipeline, the consultant would be required to supervise the construction of a fiber optic cable from...

  • Delta's 3Q profit falls on one-time items Thursday, 16 Oct 2014 | 8:50 AM ET

    DALLAS— Delta Air Lines Inc. said Thursday that third-quarter profit fell 74 percent on one-time costs such as retiring older planes. Two people who flew on domestic flights in the past month have tested positive for the virus— a man from Liberia died, one of his nurses is hospitalized in Atlanta. "I think what is worth noting is you really can't catch Ebola on an...

  • Oct 16- Baker Hughes Inc, the world's No.3 oilfield services provider, reported a lower-than-expected profit as political tensions disrupted activity in Libya and Iraq, and a sharp fall in drilling in the Gulf of Mexico weighed on margins. Baker Hughes shares dropped more than 10 percent in premarket trading on Thursday as the company's profit fell short of...

  • Philip Morris Int'l 3Q profit falls 8 percent Thursday, 16 Oct 2014 | 7:15 AM ET

    RICHMOND, Va.— Philip Morris International's third-quarter profit dropped 8 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. The seller of Marlboro and other cigarette brands outside the United States said Thursday that it earned $2.15 billion, or $1.38 per share, in the quarter,...

  • Oct 16- Baker Hughes Inc, the world's No.3 oilfield services provider, reported a lower-than-expected profit for the first time in five quarters as political tensions in Libya and Iraq, and a sharp fall in drilling activity in the Gulf of Mexico weighed on margins. Baker Hughes said pretax profit margins in its operations in Europe, Africa and the Russia Caspian...

  • ANALYSIS-Africa set to switch on gas-to-power potential Thursday, 16 Oct 2014 | 6:05 AM ET

    *World Bank, Barack Obama behind "Power Africa" legacy. JOHANNESBURG, Oct 16- Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms. Driven by huge recent finds in East Africa, sub-Saharan gas...