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Africa/International
Global brands to showcase latest consumer electronics products, home appliances at Berlin exhibition
Manufacturers of the world’s leading electronics products and home appliances will showcase their latest products at the 50th edition of Messe Berlin’s IFA exhibiton.
The exhibition set for September 3 to 8 at the Berlin Exhibition site…
Company awarded $110m for salvaging Titanic artefacts
A judge has awarded a US exhibition company $110m for salvaging artefacts from the wreck of the RMS Titanic.
The US federal judge ruled that RMS Titanic Inc, which displays the artefacts in museums across the world, is entitled to their…
UK payday loan takers said to quadruple
The number of people taking out expensive payday loans has quadrupled over the last four years, a consumer watchdog said.
Consumer Focus warned banks needed to offer affordable short-term loans as alternatives, as well as recommending…
China’s Agric Bank issues the world’s largest IPO
Agricultural Bank of China has claimed the title of the world's largest initial public offering after fully exercising the over-allotment option of its Shanghai share offering, Dow Jones Newswires said.
The lender raised an additional…
UK police get £150m bonus a year for good job done
Police are being paid bonuses totalling more than £150 million a year for doing their jobs competently, it has been reported.
Performance bonuses for superintendents are worth an annual £2.5 million and rose by 70% since 2007 in some…
BP to proceed with Gulf relief well test
BP Plc will proceed with a relief well to kill its blown-out Gulf of Mexico well, the top U.S. spill official said on Friday.
"Everybody is in agreement that we need to proceed with the relief well," retired Coast Guard Admiral Thad Allen…
Obama supports building of mosque near ground zero
President Obama on Friday took a strong stand in favor of building a mosque near the site where Muslim terrorists flew airplanes into the World Trade Center on Sept. 11, 2001, breaking his silence on a political tempest that has left the…
Gold prices on 4-week high
Gold touched a four-week high on Friday, extending gains from the previous day as investors bought the precious metal and shied away from riskier assets on concern about the health of the global economy.
Fresh U.S. data that would give…
India’s BlackBerry ban expected to rope in Google, Skype
India's showdown with BlackBerry could reportedly widen to encompass Google and Skype after the government threatened to cut off core features of the popular smartphone on security grounds.
Research In Motion, the BlackBerry's Canadian…
Oil prices rebound above $76 per barrel
Oil rebounded above $76 a barrel on Friday on bargain hunting, recovering from the steepest three-day decline since mid-May after support at $75 held.
Asia stocks also edged higher while the dollar slipped, as markets across the board…