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Africa/International
China's inflation rises
China said Thursday that consumer prices rose in February for the fourth straight month while new lending slowed sharply from a month earlier as Beijing pledged to step up efforts to tame inflation.
Analysts said the jump in prices would…
US Senate passes $149b jobless aid bill
The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
The measure, approved by a vote of…
Australia's unemployment rate up
Australia's unemployment rate climbed in February, government data published Thursday showed, but the result matched market forecasts after a downward revision to the prior month's figure.
Australia's jobless rate rose to a seasonally…
Greece hit by second strike in one month
Public and transport services in Greece have ground to a halt as workers stage a second general strike in protest at the government's austerity measures.
Flights are grounded, and schools and hospitals closed in the 24-hour strike called…
West Africa's gold production to rise 30% in four years
Gold production from West Africa is set to rise about 30 percent over the next 4 years, driven largely by higher output from Randgold and Iamgold, a top executive of metals consultancy GFMS said on Tuesday.
"In West Africa gold mine…
Fraudsters force KLM to ban telephone, online ticket sales to most destinations in Africa
The growing trends in credit card fraud have now hit KLM, the Royal Dutch Airlines, according to an intelligence report by the Holland-based investigative organization Ultrascan-AGI, forcing the airline to ban online and telephone sales of…
Asian stocks near six-week high
Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on renewed concerns about Europe's fiscal problems.
Foreign…
Economists trim US 2011 growth forecasts
U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday.
Economists surveyed earlier this month…
Facebook to share user's location on status update
Facebook users may no longer have to type out their whereabouts in status updates, as the site may soon let them tag their locations automatically.
Several anonymous sources told The New York Times that Facebook will unveil geolocation…
Crime rehab failure in UK 'costs £10b'
The failure to rehabilitate tens of thousands of serial criminals is costing the country up to £10 billion a year, a report has said.
Prisoners on short-term sentences are being left idle in their cells for much of the day, the National…