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Africa/International
Gold firm, silver at 30-year high
Spot silver reached a new 30-year high and gold was firm on Monday, after disappointing U.S. payrolls data underpinned hopes of more stimulus from the Federal Reserve and spurred interest in precious metals.
The U.S. economy shed jobs for…
UAE, BlackBerry resolve issues
The United Arab Emirates on Friday backed off a threat to cut key BlackBerry services, just days before a planned ban that could have harmed the country's business-friendly reputation.
The last-minute decision ended more than two months of…
China Oil tests US with $1.1b Chesapeake bid
China's top offshore oil producer CNOOC Ltd agreed to pay $1.1 billion for a stake in a U.S. shale oil and gas field, testing the market for the first time since its 2005 failed bid for Unocal.
CNOOC shares hit a three-year high on news of…
Microsoft to launch new phone with AT&T
Microsoft Corp is set to unveil a new line of phones running its Windows software on Monday, as it attempts to pull back market share from Apple Inc's iPhone and Google Inc's Android system in the fast-growing market for multi-featured…
American Airlines recalling 800 staff
American Airlines is recalling about 800 furloughed employees, about 1 percent of its work force, as it adds flights on international routes.
CEO Gerard Arpey announced the jobs as American launched a new trans-Atlantic business with…
Google tests cars that can steer without drivers
Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.
The goal is to "help prevent traffic accidents, free up people's time and reduce carbon emissions" through ride sharing and "the new…
Hungary sludge reservoir has no widening cracks – Officials
Officials say there has been no widening of the cracks on a red sludge reservoir that broke last week flooding several towns in western Hungary and killing at least seven people.
The National Disaster Management Directorate said Monday…
British banks accused of aiding corruption in Nigeria
Britain needs to enforce money laundering regulations more strictly after some of its leading high street banks accepted millions of pounds in deposits from corrupt Nigerian politicians, a graft watchdog said on Monday.
Global Witness said…
Schwarzenegger leads US tech investors to Russia
Russia's ambition to become a hi-tech economy will be under scrutiny this week when California state governor Arnold Schwarzenegger and a host of prospective investors from Silicon Valley look for opportunities at the country's flagship…
Rawlings appointed AU Special Envoy to Somalia
The African Union (AU) has appointed former president Jerry John Rawlings as special envoy to Somalia.
According to the AU, its boss, Jean Ping appointed Rawlings to the position following requests by the African body to him to appoint a…