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Africa/International
US jobs report to show rise in unemployment
The unemployment rate may be about to rise again.
Economists are bracing for a weak showing in the August employment report, which is scheduled to be released Friday. The private sector is forecast to add a net total of only 41,000 jobs,…
Japan supports economic sanctions against Iran
Japan approved fresh economic sanctions against Iran on Friday after the United Nations asked Tokyo to tighten restrictions against Tehran over its controversial nuclear enrichment program, an official said.
The measures approved by the…
Study finds health dangers in home kitchens
New research suggests that at least one in seven home kitchens would flunk the kind of health inspection commonly administered to restaurants.
The small study from California's Los Angeles County found that only 61 percent of home kitchens…
BP says Gulf oil spill cost now hits $8b
BP Plc said on Friday the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion and that it was two weeks away from sealing the well for good.
BP also indicated that there had been no major uptick in the amount…
British physicist says God did not create the world
God did not create the universe and the "Big Bang" was an inevitable consequence of the laws of physics, the eminent British theoretical physicist Stephen Hawking argues in a new book.
In "The Grand Design," co-authored with U.S.…
Bernanke says government regulators slow to act on triggers of crisis
Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global economic crisis, Federal Reserve…
Tullow Oil expands in Africa with acquisitions in Kenya, Ethiopia
Tullow Oil, one of the biggest oil producers in Africa is deepening its presence on the continent with acquisitions at the Horn of Africa. Tullow has bought stakes in licenses in Kenya and Ethiopia.
In a press release copied to…
China requires ID for buying phone numbers
China wants people who buy new cell phone numbers to register their personal details, joining many European and Asian countries in curbing the anonymous use of mobile technology.
Most countries that have such rules say they prevent the use…
Asia stocks rise on brighter US manufacturing data
Asian stock markets rose Thursday as investors hungry for good news seized on stronger U.S. manufacturing as a sign the world economy isn't slowing as much as feared.
The second day of gains in the region follows a month of heavy selling…
Tiger Woods said to take $54.5m mortgage after divorce
The housing market in the United States may still be in the tank, but that hasn't stopped Tiger Woods from taking out a hefty sum for his newest residence.
Just days after he finalized his divorce with ex-wife Elin Nordegren, Woods took…