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Africa/International
Obama’s trade strategy faces stiff resistance
President Obama’s hopes of emerging from his Asia trip with the twin victories of a free trade agreement with South Korea and a unified approach to spurring economic growth around the world ran into resistance on all fronts on Thursday,…
Oil prices jump above $88 per barrel
Oil prices jumped above $88 a barrel in Asia on Thursday, boosted by news that U.S. crude and gasoline stockpiles declined last week in a sign of improving demand for fuel.
Benchmark oil for December delivery was up 49 cents at $88.30 a…
Walmart said to be offering free shipping for online buyers
Wal-Mart Stores Inc plans to offer free shipping on nearly 60,000 gift items, including toys and electronics, when purchased through its website from Thursday, the New York Times reported.
The world's largest retailer will not raise prices…
UK’s jobless to lose benefits if they refuse to work
Tough new welfare rules will strip unemployed claimants of their benefits for up to three years if they refuse the opportunity to work.
Unemployed people who turn down offers of work, refuse to apply for appropriate jobs or fail to turn up…
Protest over UK university fees turns violent
Protesters against higher university tuition fees broke into the headquarters of the Conservative party Wednesday, smashing up the glass reception area and streaming up onto the roof.
Protesters scuffled with police and made a bonfire…
Osborne defends UK spending cuts, banking system
Chancellor George Osborne defended the government's spending cuts in a newspaper interview on Thursday, saying they pulled the country's finances out of the "firing line." Skip related content
In an interview with The Times, Osborne also…
G20 struggles to find common ground
Major nations struggled Thursday to break a deadlock on how to fix problems cramping the world economy as President Barack Obama insisted that a strong U.S. is crucial for a wider international recovery.
In a letter to the Group of 20 rich…
US, South Korea fail to reach trade deal
Negotiations over a U.S.-Korea free-trade agreement broke down on Thursday after four days of discussions, a setback for the leaders of the two nations and a blow to efforts to rekindle broader world trade talks.
Despite optimism from…
‘Major’ human trafficking ring busted in Arizona
Authorities have dismantled a major cell of a human smuggling ring that may be responsible for the transportation of thousands of illegal immigrants from the U.S.-Mexico border to Phoenix and other parts of the country, investigators said…
Bharti ‘s India operations stabilises, but worries remain over Africa losses
India's top mobile operator Bharti Airtel signalled stability in its India operations after a cutthroat pricing war but losses from its Africa business raised concerns about its turnaround strategy.
Bharti's quarterly profit fell by a…