Oil rises as U.S. crude stocks fall, market awaits U.S. Fed rate cut
Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in U.S. inventories and investor expectations that the U.S. Federal Reserve...
Dutchman sentenced over horse meat scandal arrested in Spain
Spanish police have arrested a Dutch meat trader sentenced in France for his role in a 2013 scam that passed off cheap horse meat as...
Kenya’s dusitD2 hotel reopens after January attack that killed 21
The five-star dusitD2 Hotel in Nairobi will reopen its doors to guests on Thursday, six months after 21 people were killed in an attack on...
Avs lock up D Girard with seven-year extension
The Colorado Avalanche signed 21-year-old defenseman Samuel Girard to a seven-year contract extension that extends through the 2026-27 season....
Devil in the data as funds call for scrutiny of LSE’s Refinitiv deal
Some trading and investment firms are calling for competition regulators to scrutinize London Stock Exchange’s proposed $27 billion takeover of financial information provider Refinitiv to...
Italy bars McDonald’s fast-food amidst monuments of ancient Rome
Italy’s Culture ministry on Wednesday barred the construction of a McDonald’s fast-food restaurant next to the ancient Baths of Caracalla in Rome, with Mayor Virginia...
Brazil’s Bolsonaro snubs French foreign minister for haircut
Brazil’s right-wing President Jair Bolsonaro canceled a meeting this week with French Foreign Minister Jean-Yves Le Drian – getting a haircut instead – amid deepening...
Ethiopia opens up banking sector to its diaspora
Ethiopia’s parliament passed a bill on Wednesday to open up the country’s financial sector to an estimated five million of its citizens who have taken...
Traders on tenterhooks ahead of Fed verdict; pound rebounds
The dollar index was flat on Wednesday while the pound bounced back from a ‘no-deal Brexit’ slump, with oil up for a fifth day and...
Synamedia sees pay TV driving growth for 3-4 years before IPO
(This July 30 has been refiled to correct spelling of DirecTV in first paragraph)...