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Saudi King To Meet With Obama Amid Gulf Concerns Over Iran Deal

Saudi King Salman will meet with U.S. President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The...

Wall St. Opens Lower After August Jobs Data

U.S. stocks opened lower on Friday after the August jobs report showed moderate job growth and the lowest unemployment rate in more than seven years, increasing chances the Fed could raise interest rates sooner rather than later. The Dow Jones...

Japanese Banks Among Bidders For GE’s Local Finance Unit: Sources

Japanese banks are among bidders for General Electric Co's (GE.N) local commercial lending and leasing operation, sources told Reuters on Friday. Orix Corp (8591.T) and the leasing units of Sumitomo Mitsui Financial Group Inc (8316.T), Mitsubishi UFJ Financial Group Inc...

G20 Weighs Fed Hike, Chinese Turmoil, But Unlikely To Rock Boat

The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said...

China Aviation Giant Buys Irish Firm Avolon

A unit of the Chinese aviation and shipping conglomerate HNA is buying the Irish aircraft leasing firm Avolon Holdings for about $2.5bn (£1.6bn). Bohai Leasing will pay $31 per share in the deal that includes the assumption of debt and...

Euro 2016: Wales Boss Chris Coleman Says Fans Can Get Carried Away

Wales manager Chris Coleman has urged fans to get "carried away" but says he and his players will not do so until they have qualified for Euro 2016. Having beaten Cyprus 1-0 on Thursday, Wales can seal qualification with victory...

Migrant Crisis: EU ‘Must Accept 200,000 Refugees’, UN Says

EU nations must accept up to 200,000 refugees as part of a "common strategy" to replace their "piecemeal" approach to the migrant crisis, the UN says. Antonio Guterres, head of the UN refugee agency, said the EU must mobilise "full...

DR Congo’s Ntaganda tells ICC he is not ‘The Terminator’

Former Democratic Republic of Congo rebel leader Bosco Ntaganda has told the International Criminal Court that he is not an "infamous killer", but a soldier who protected civilians. This is the first time Gen Ntaganda, nicknamed "The Terminator", has spoken...

South Africa’s Johannesburg Tops Africa Millionaires List

South Africa has the highest number of dollar millionaires in Africa, according to a new report. According to a report by AfrAsia Bank and New World Wealth, Johannesburg alone, known as the "city of gold", is home to 23,400 millionaires....

OPINION: ENERGY REFORMS, WHAT POLICY OPTIONS?

I was at the one-day roundtable organised by my organisation, the Africa Network for Environment and Economic Justice, ANEEJ, on oil and gas reforms. I was there as what you might term an insider. The reason for organising that...

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