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Africa/International
Canadian miner Kinross Gold to buy Red Back Mining for $7.1b
Kinross Gold of Toronto is set to take full control of Vancouver-based Red Back Mining in a deal valued at $7.1bn, broadening Kinross’s reach to west Africa, where Red Back’s operations are focused.
Kinross said the agreed all-share…
Sylvester Stallone chased for £1.4m debt after shooting movie in Brazil
In the film he plays a Barney Ross, a fearless, muscle-bound mercenary on a mission to hunt down a murderous South American dictator called General Gaza.
But in real life it is Sylvester Stallone himself who is being pursued by the South…
BP begins tests to permanently seal Gulf oil leak
BP will begin tests Monday to ensure it can effectively pump mud down its blown-out Gulf well and if all goes well, as expected, it will begin plugging the well tomorrow, a senior company official said Monday.
"We're not anticipating" a…
Obama says US will leave Iraq as promised on schedule
President Barack Obama declared Monday that the Iraq war was nearing an end "as promised and on schedule," touting what he called a success of his administration though it comes amid persistent instability and uncertainty in Iraq.
Obama…
Growth in Chinese manufacturing slows
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined, a survey showed Sunday.
The state-affiliated China Federation of Logistics and Purchasing said…
Fiat shaking labour in Italy
Fiat boss Sergio Marchionne is shaking up labour relations in Italy by strong-arming unions as he aims to create a global megagroup with US automaker Chrysler.
"Marchionne is making labour relations in Italy take a sharp turn," labour law…
British government tell banks to start lending to businesses
Chancellor of the Exchequer George Osborne told the country's banks they must use their first-half profits to start lending to businesses again, in an interview out Sunday.
As major banks prepare to reveal that they bounced back in the…
Wikileaks morally guilty – Gates
WikiLeaks is at least morally guilty over the release of classified U.S. documents on the Afghan war, Defense Secretary Robert Gates said on Sunday, as investigators broaden their probe of the leak.
The whistle-blowing website published…
Dutch first NATO member to leave Afghanistan
The Netherlands became the first NATO country to end its combat mission in Afghanistan, drawing the curtain Sunday on a four-year operation that was deeply unpopular at home and even brought down a Dutch government.
The departure of the…
Saudi Arabia to also block Blackberry services
Saudi Arabia's telecom watchdog has ordered telecom firms operating in the kingdom to stop BlackBerry messenger services later this month, an official said Sunday, hours after regulators in the United Arab Emirates said they would prohibit…