Joao Lourenco, Who Surprised Angola With Corruption Crackdown, Gets 2nd Term
A second term for Angolan President Joao Lourenco may have disappointed many voters keen to break with five decades of one-party rule, but many would still admit he's done much to tackle corruption within its ranks.
Trump's Home Search Unearths Documents Covered By Attorney-client Privilege -prosecutors
The U.S. Justice Department's search of former President Donald Trump's home this month turned up a "limited" number of documents subject to attorney-client privilege, federal prosecutors said in a court filing on Monday.
Taliban Officials Nearing Contract For Purchase Of Gasoline From Russia
The Taliban administration is in the final stages of talks in Moscow over the terms of a contract for Afghanistan to purchase gasoline and benzene from Russia, Afghan commerce ministry officials told Reuters.
Fed To Stay Focused On Inflation, Markets Will Be Volatile - UBS Global Wealth
The U.S. Federal Reserve will not back away from "talking tough" on the markets until there is significant progress on inflation, which will perpetuate volatility into mid-2023, UBS Global Wealth Management's chief investment officer said on Monday.
Ukrainians Brave Nuclear Risk To Escape Russian-ruled South
Thousands of people fleeing Russia-controlled areas of south Ukraine are arriving in a city near Europe's largest nuclear plant despite fears of a radiation leak from fighting.
Wall Street Extends Losses On Rate Hike Worries
U.S. stock indexes fell on Monday on worries over the Federal Reserve's plan to keep raising interest rates in its fight against inflation even at the cost of an economic slowdown.
Kenya's Odinga Still Says He Won Election, But Will Respect Court Ruling
Kenyan opposition leader Raila Odinga, who is contesting his loss in this month's presidential election in the Supreme Court, said he will respect the court's ruling - but still believes he won.
East And West Clash In A Proxy Conflict Over Serbia, President Vucic Says
Serbia is the stage for a proxy war between East and West, President Aleksandar Vucic said on Monday, as Belgrade seeks to maintain a delicate balancing act between its ambition to join the European Union and its ties with Russia and China.
Floods, Other Water-related Disasters Could Cost Economy $5.6 Trillion By 2050 - Report
Worsening droughts, storms and torrential rain in some of the world's largest economies could cause $5.6 trillion in losses to GDP by 2050, according to a report released Monday.
India's Reliance Unveils $9.4 Billion Plan To Boost Oil To Chemicals
Reliance Industries Ltd, operator of the world's biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years to expand its oil to chemical business, its chairman Mukesh D Ambani said.
Banned From Politics, Turkish Opposition Figure Rejects New Charge Of Insulting Erdogan
The Istanbul head of Turkey's main opposition party, who cannot run in next year's elections but can still play a key role in rallying voters in the nation's biggest city, denied a new charge of insulting the president on Monday.
Nepal Seeks To Pause Recruitment Of Gurkhas Into Indian Army Under 'Agnipath' Plan
Nepal has asked India to halt its recruitment of Gurkhas into the Indian army under a new scheme for shorter military contracts until it was clear what would happen to them when they retired, an aide to the prime minister said on Monday.
Russia Sharply Scales Back Far East War Games With China
Russian military exercises in the Far East this week will take place on a far smaller scale than when they were last held in 2018, reflecting the strain on Moscow's forces as they struggle to make headway on the battlefields of eastern Ukraine.
Elon Musk: Focused On Getting Self-driving Teslas In Wide Release By Year-end
Tesla chief Elon Musk said on Monday he aimed to get the electric auto maker's self-driving technology ready by year-end and hopes it could be in wide release in the United States and possibly in Europe, depending on regulatory approval.
EU May Agree Tightening Visas For Russians, Discuss Training Of Ukraine Troops
European Union foreign ministers, meeting in Prague on Tuesday and Wednesday, may agree tightening the issuance of visas for Russians and start debate on a wider ban on tourist visas though there is no agreement on that, EU officials said.
Restaurants' New Normal: Fewer Cashiers, Chefs And Wait Staff
Whether they are selling burgers, pizza or pancakes, major U.S.
Chile Battles Flood Of 'Half Truths' As Constitution Vote Nears
A Chilean constitution that bans private property and allows abortions in the ninth month of a pregnancy.
How Industry Is Depending On Carbon Capture Technology For Climate Goals
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.
North American Companies Send In The Robots, Even As Productivity Slumps
North American companies snapped up a record number of robots in the first half of this year as they struggled to keep factories and warehouses humming in the face of an extremely tight labor market and soaring compensation costs.
Analysis-Biden's Student Loan Forgiveness May Erase Savings Of Climate, Drugs Law
President Joe Biden's controversial plan to forgive up to $20,000 in student loans for tens of millions of Americans could erase the projected $300 billion deficit reduction that his hard-fought climate, drugs and tax legislation would generate over 10 years - by as much as two times.
Could Fed's 'Softening' Labor Market Prediction Mean 4 Million Lost Jobs?
In 2019, the U.S. unemployment rate averaged 3.7% and consumer prices rose at an annual rate of around 1.8%.
Meloni, Former Far-right Activist, Heads For Italian PM's Office
In her teens, Giorgia Meloni used to sneak out at the dead of night and help plaster her Rome neighbourhood with far-right posters, playing a game of cat and mouse with leftist foes that could easily turn violent.
China Audit Deal Offers Relief But Few Reasons To Invest
Investors have cheered a breakthrough deal that promises U.S.
European Shares Drop As Policymakers Seek To Tame Hot Inflation
European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures to stamp out inflation amid rising risks of a recession.
Japan's Olympus To Sell Microscope Unit To Bain For $3 Billion
Olympus Corp said on Monday it had agreed to sell its microscope unit to private equity firm Bain Capital for 427.6 billion yen ($3.1 billion), in what would be the Japanese company's biggest divestment yet.
Analysis-U.S., China Audit Agreement Not Yet A Done Deal, Lawyers Warn
There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but legal experts and China watchers warn the two sides could still clash over how the accord is interpreted and implemented.
Ukraine's Schools Race To Build Bomb Shelters Before Term Starts
Svitlana tears up thinking of the bombing that leveled her son Illia's school in Lysychansk, a city in the eastern Ukrainian region of Luhansk now occupied by Russian forces, but she is determined to ensure the eighth-grader continues his studies.
Oil Trio's Northern Lights In Yara CO2 Emissions Storage Deal
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.
S.Korea To Raise Concerns About EV Credits, Battery Sourcing In U.S. Visit
South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U.S.
Sri Lanka's President To Cut Spending In Interim Budget
Sri Lanka's president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest of the year, amid discussions with the International Monetary Fund on a bailout package.