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Africa/International
Maradona: My bosses betrayed me
Diego Maradona accused Argentine soccer chiefs of betraying him on Wednesday, a day after they voted unanimously to end his tenure as national team coach.
The Argentine Football Association (AFA) decided not to renew Maradona's contract…
Oil price steady around $77
Oil was steady around $77 on Thursday after falling in the past two sessions on weak durable good data and the biggest weekly increase in crude inventories for nearly two years in the United States.
U.S. crude stocks surged 7.31 million…
Agric Bank of China issues additional shares Hong Kong IPO
Agricultural Bank of China said Thursday it has fully exercised the overallotment option of its Hong Kong share offering, bringing the total amount raised in the city to 12.6 billion US dollars.
The lender said in a statement to the Hong…
Average price of houses in UK down 0.5%
A shortage of buyers sent house prices falling in July for the first time since February, figures show.
The average price of a UK property dropped 0.5% to £169,347 between June and July, according to Nationwide Building Society.
It said…
Shell’s second quarter net profit up 15%
Europe's largest oil company, Royal Dutch Shell, has reported a 15 percent rise in net profit for the second quarter thanks to increased oil and gas production and a surge in gas sales.
Shell says net profit during the period was $4.39…
China urges change in US policy to avoid friction
The United States should alter policy to take account of China's role as a major player on the world stage if it wants to avoid friction and instability, a major state newspaper said on Thursday.
The commentary in ruling Communist Party…
Ship lost for 150 years found
Canadian archeologists have found a ship abandoned more than 150 years ago in the quest for the fabled Northwest Passage and which was lost in the search for the doomed expedition of Sir John Franklin, the head of the team said Wednesday.…
Number of British children abducted overseas increases
The number of British children abducted by a parent and taken overseas has risen in the past year, Government figures have revealed.
Abductions to countries that have not signed up to the 1980 Hague Convention on international child…
Credit card fees found to transfer wealth to the rich
Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday.
The researchers argue that reducing card rewards…
IMF backs China currency devaluation move
The International Monetary Fund has chosen not to call the yuan "substantially" undervalued, a move that recognizes China's efforts to free up its exchange rate and avoids friction with an increasingly influential shareholder.
The summary…