Africa/International

Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans. Andreessen Horowitz, a new venture…

China’s manufacturing expanded at the fastest pace in 16 months in August, driven by record lending in the first half of the year, two surveys showed. The official Purchasing Managers’ Index rose to a seasonally adjusted 54 from 53.3 in…

Nearly a third of all cocaine seized in the United States is laced with a dangerous veterinary medicine — a livestock de-worming drug that might enhance cocaine's effects but has been blamed in at least three deaths and scores of serious…

Farmlands in Ghana are coming under increasing pressure as various interest groups from across the globe are vying for parcels. There are unresolved questions of conflict between multinationals grabbing lands from poor farmers, mostly…

Ghana holds the biggest of Tullow's  oil production in Africa as the continent is cited as the place to watch for the next global oil boom. 60% of Tullow Oil’s production comes from the continent. The CEO of Tullow Oil says therefore,…

The bodies of two boys who stowed away on a container ship but later went missing were recovered from the ship in Durban Harbour on Sunday. Their cousins, two teenage brothers who were found on board the container ship last Wednesday, are…

Japanese bonds will decline while stocks rise after Japan’s opposition Democratic Party of Japan swept to power, said Yuuki Sakurai, chief executive officer of Fukoku Capital Management Inc. The DPJ won at least 268 of 480 seats to secure…

Prince Alwaleed bin Talal, Citigroup Inc.’s largest individual investor, was ranked the richest Saudi national by Arabian Business, even after losing 4.6 percent of his personal wealth in the past year. Alwaleed’s assets are valued at…

General Motors Co. said Sunday it has established a 2 billion yuan ($293 million) joint venture with China FAW Group Corp., adding a new vehicle segment to its portfolio in the world's fastest-growing auto market. The joint venture, FAW-GM…

Africa Israel Investments Ltd., the real-estate company owned by diamond mogul Lev Leviev, fell the most in nine months in Tel Aviv trading after saying it will start talks with bondholders to restructure its debt. Africa Israel dropped as…