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Africa/International
Obama announces $10b deals with India
President Barack Obama is announcing trade deals worth $10 billion with India that are expected to create 54,000 U.S. jobs.
He's also unveiling new export rules designed to make it easier for U.S. companies to do business with the nation…
$6.8m conservation boost for over 15 protected areas
Over fifteen protected areas, including one managing monk seals off Mauritania and another in Sumatra that is home to orangutans, tigers and elephants, are to receive a US$6.8 million conservation boost.
This was announced last week…
Economist Group opens sub-Saharan offices in SA
The Economist Group, owner of the weekly newspaper, The Economist, and the leading source of analysis on international business and world affairs, has opened its first commercial office in sub-Saharan Africa.
The opening, which took place…
Oil rises to $86 per barrel on US stimulus
Oil surged to top a fresh-six month high over $86 a barrel on Thursday as the U.S. Federal Reserve's new monetary stimulus plan to aid the flagging economy spurred investors risk appetite.
The dollar slumped to a 28-year low against the…
French companies win $22.8b deals in China
France won euro16 billion ($22.8 billion) in deals Thursday to sell uranium and Airbus planes to China during the pomp-filled visit of the Asian country's president.
As Hu Jintao and President Nicolas Sarkozy looked on, French and Chinese…
IMF links good governance to fair share of wealth
The head of the International Monetary Fund, Dominique Strauss-Kahn, on Thursday appealed in Algiers for good governance and a fair share-out of wealth in resource-rich countries.
"A strong commitment to good governance lies at the heart…
Norway is best place to live in the world – UN
The United Nations on Thursday named oil-rich Norway as the country with the best quality of life, while Asia has made the biggest strides in recent decades.
The UN's annual A-to-Z of global wealth, poverty, health and education…
US stocks surge
U.S. stocks soared Thursday as investors applauded the size and scope of the Federal Reserve's latest effort to stimulate the sagging economy.
The Dow Jones Industrial Average was recently up 181 points, or 1.6%, to 11396, and is trading…
Nissan profit quadruples to $1.26 billion
Nissan's quarterly profit quadrupled and the automaker raised its full-year forecasts as surging sales overcame the drag from a strong yen.Nissan Motor Co. said Thursday its second quarter profit totaled 101.73 billion yen ($1.26 billion),…
CT scans can reduce lung cancer deaths by 20% – study
For the first time, a large study shows that using CT scans to screen smokers and ex-smokers for lung cancer can reduce lung cancer deaths by 20% — potentially saving thousands of lives — by catching lethal tumors at an earlier, more…