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Africa/International
Former top Nigerian bankers re-arrested
The crusade to clean Nigeria’s murky financial sector has taken another twist as a dozen former bankers have been arrested and many more are to be arrested soon, according to reports from that country.
The Head of Media and Publicity of…
BT to recruit ex-soldiers to help deliver broadband
Telecoms giant BT is to recruit 200 former members of the armed forces to help deliver super-fast fibre broadband.
BT's Openreach division said the ex-servicemen and women will start work this month as part of a drive to offer super-fast…
Indonesia’s economy grows 6.5% in first quarter
Indonesia's economy has expanded by 6.5% in the first three months of the year, helped by strong growth in consumption and investment.
The figure was largely in line with what economists had expected.
Consumption, which accounts for…
India’s economy is growing, but its girls are dying
The room is large and airy, the stone floors clean and cool — a welcome respite from the afternoon sun. Until your eyes take in the horror that it holds. Ten severely malnourished children — nine of them girls.
The starving girls in this…
Oil prices fall below $111 per barrel as US crude supplies rise
Oil prices fell to below $111 a barrel Wednesday in Asia as a report showed U.S. crude supplies rose more than expected last week, suggesting demand growth could be waning.
Benchmark crude for June delivery was down 46 cents at $110.59 a…
Portugal reaches deal on EU, IMF bail-out
Portugal's caretaker prime minister Jose Socrates says he has reached agreement on a bail-out from the EU and the International Monetary Fund.
In a televised statement, Mr Socrates said the three-year loan was a "good agreement that…
US accuses Deutsche Bank of fraud
The US Justice Department has sued Deutsche Bank for more than $1bn (£600m) for defrauding the government.
The complaint says Deutsche's MortgageIT subsidiary lied in order to get Federal Housing Administration (FHA) insurance for its…
House prices in UK drop 0.2% in April
House prices resumed their downward trend during April as the property market remained volatile, new figures show.
The average home lost 0.2% of its value during the month, leaving it costing £165,609, according to Nationwide Building…
New York City picks Nissan for taxis
Japan's Nissan Motor has won a contract to provide the next generation of New York's famous yellow taxis.
The deal, which is estimated to be worth $1bn (£607m) was announced by Mayor Michael Bloomberg.
The design will be based on Nissan's…
President Mills invited to investiture of Ouattara
Ivorian President-Elect Mr Alassane Ouatara on Monday officially invited Ghana's President John Evans Atta Mills to his coronation scheduled for May 21.
Ivorian Prime Minister Guillaume Soro delivered the message at a close door meeting…