Australia’s Westpac First-half Cash Earnings Drop 12% As Competition Bites
(Reuters) – Australia’s Westpac Banking Corp on Monday posted over a 12% drop in first-half cash earnings, as its margins…
Reuters
Nigerian Airlines Suspend Plans To Ground Local Flights Over Cost Of Jet Fuel
By Camillus Eboh and MacDonald Dzirutwe ABUJA (Reuters) – Nigerian airlines have suspended plans to ground all local flights due…
Algeria Authorises Purchase Of 15 New Aircraft For Air Algerie- Statement
(Reuters) – The Algerian cabinet has authorised the national airline, Air Algerie, to purchase 15 new aircraft to open new…
IKEA Stores Owner Ingka To Pay Russia Staff Through August
By Anna Ringstrom STOCKHOLM (Reuters) – IKEA stores owner Ingka Group has extended the period it will pay around 12,000…
U.S. Imposes Sanctions On 27 Gazprombank Executives, Russian TV Stations
By Jeff Mason and Steve Holland WILMINGTON, Del. (Reuters) – The United States on Sunday unveiled sanctions against three Russian…
EU Edges Towards Oil Sanctions On Russia, No Deal Yet
BRUSSELS (Reuters) – European Union governments moved closer on Sunday to agreeing tough sanctions against Russia that include a ban…
Vedanta Offers Zambia Investment Commitments In Return For Copper-mine Control
LUSAKA (Reuters) – Vedanta Resources has offered to step up investment in Zambia’s Konkola Copper Mines (KCM) and implement several…
Suncor CEO Little Faces Scrutiny After Activist Elliott Takes Aim
By Nia Williams and Svea Herbst-Bayliss (Reuters) – Three months ago Mark Little, the chief executive of Canadian oil and…
Global Scramble For Metals Thrusts Africa Into Mining Spotlight
By Helen Reid and Clara Denina JOHANNESBURG (Reuters) – The need to secure new sources of metals for the energy…
UK Property Firms Capco, Shaftesbury In Talks On Reported $4 Billion Merger
(Reuters) – British real estate firms Capital & Counties Properties and Shaftesbury Plc said they were in advanced talks on…