Glencore International Posts Big 1H Profit Gain
Commodities trader Glencore International posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.
Glencore sees opportunities in volatility as H1 rises
Commodities trader Glencore International Plc posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.
Gadhafi Escape: 5 Places the Libyan Leader Could Find Refuge
Gadhafi is not welcome in most nations, nor in most parts of Libya, but the leader and King of Kings still has powerful friends that may be willing to accommodate Gadhafi for the rest of his life.
Africa can gain from dearer Chinese labour: World Bank
Rising labor costs will push over 80 million Chinese jobs in light manufacturing abroad over the next three to five years, with African nations well placed to lure many of them their way, the World Bank said.
FIFA Women's World Cup 2011 Full Standings - July 2
The FIFA Women's World Cup is underway and many of the teams have already played two of the five games in the Group Stage.
Equatorial Guinea: Photos of the Women’s World Cup Soccer Team’s Home Country
Equatorial Guinea, one of the smallest African countries but surely the fastest in women's soccer ascendancy, fought Norway today, a traditional powerhouse fallen on less stellar times in a Group D encounter.
African despots' corruption-funded extravagance: Teodorin Obiang eyes $380-mln yacht
The irony can't be missed when the scion of a tiny sub-Saharan country, which has the dubious distinction for having the highest child mortality rate in the world and abysmal public health and education systems, splurges ill-gotten money on a multi-million dollar super-luxury yacht.
Central Africa's CEMAC sees 2011 growth at 4.8 pct: c.bank
Economic growth in the six-nation Central African CEMAC bloc will reach 4.8 percent in 2011, up from 4 percent last year, the grouping's regional central bank said on Thursday.
Morocco to host 2015 African Nations Cup
Morocco will stage the 2015 African Nations Cup and the 2017 edition will be hosted by South Africa, the Confederation of African Football said on Saturday.
International Community Presses Juba, Khartoum On Sudan Referendum
The international community is pressuring the Juba and Khartoum governments to speed up preparation for a vote on South Sudan's future - a decision that will be dominated by the fate of coveted oil resources -- but an expert on the African country criticizes the lack of understanding about Sudan.
W Africa crude exports to Asia to fall in June
Major Asian oil buyers including India and China bought comparatively less loads of West African oil in June. According to reports, Indian, Chinese Taiwanese and Indonesian end-users bought a total of 1.65 million barrels per day (bpd) of crude from the oil-exporting region in 52 full or part cargoes, down from 1.72 million bpd in 56 cargoes in May.
Study finds big decrease in global child mortality
(Reuters) - Fewer children are dying around the world, with deaths among children under 5 falling in almost every country, U.S. researchers reported on Sunday.
Rich world should pay Africa to preserve forests
The developed world should pay African countries to preserve their vast forests to help the fight against climate change, some of the continent's governments will argue at next month's summit in Copenhagen.
Mercenary Mann returns to UK, relieved plot failed
Freed British mercenary Simon Mann said his homecoming was the most wonderful he could have imagined, after earlier expressing relief that his West African coup attempt had failed.
World Bank to invest $215 million in African internet
The World Bank unveiled its $215 million Central African Backbone program on Tuesday, to bring reliable, high-speed, low-cost internet access to the region for the first time.
E.Guinea seeks sustainable oil, no OPEC for now
Equatorial Guinea seeks steady oil output of 500,000 barrels per day but not necessarily membership in OPEC, the African nation's oil minister Owono Edu Marcelino said Friday.
Ex-lawmaker Jefferson guilty in bribery scheme
Former U.S. Representative William Jefferson, who was caught with $90,000 in cash in his freezer, was found guilty on 11 of 16 charges related to a bribery and money laundering scandal, a U.S. official said on Wednesday.
Business Investment in Africa Will Stem Migration
The world can promote development in Africa by supporting the private sector in Africa, as Spanish businesses agreed to do this week, and combating people-trafficking mafias, according to a non-governmental aid group.