Kenya’s finance minister pleads not guilty to corruption charges
Kenya’s Finance Minister Henry Rotich pleaded not guilty on Tuesday to corruption charges over the award of two dam tenders....
Diversity helps UBS defy banking gloom with profit rise
UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in...
Afghan government seeks clarification of Trump’s remarks on ‘wiping out Afghanistan’
Afghanistan’s government called on Tuesday for clarification of U.S. President Donald Trump’s remarks that he could win the Afghan war in just 10 days by...
China’s BAIC buys 5% Daimler stake to cement alliance
China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing its relationship with the German carmaker after China’s Zhejiang...
Three Ethiopian churches burnt in Sidama, death toll reaches 60 – borkena.com
Three Ethiopian churches burnt in Sidama, death toll reaches 60 borkena.com Ethiopian churches burnt down as radical Sidama ethno nationalist youth ( a.k.a Ejeto) extend their...
Huawei head says group can sign ‘no backdoor’ deal with any country: Italy paper
Huawei Technologies, the Chinese technology and telecoms group under pressure from the United States, is ready to sign a “no backdoor” agreement with any country,...
ECB, Fed rate cut hopes lift global stocks, sterling sags
Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new...
French court throws out appeal against Total’s gas power plant
A French court has rejected an appeal by activists against Total’s planned 440 megawatt (MW) capacity Landivisiau gas-fired combined cycle power plant in the Brittany...
As heat wave breaks across U.S. northeast, thousands left without power
Severe wind and rain in the northeastern United States left thousands without power on Monday and into early Tuesday, even as a record-breaking heat wave...
Oil rises on Mideast tensions, glum demand outlook caps gains
Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker demand outlook kept a lid on...