European stocks rebounded from last week's heavy selloff on Monday and the dollar rose broadly, with investors reassured by stability in China's yuan exchange rate after it was fixed slightly higher for the second day running.
Asian markets were more...
China's move to weaken the yuan last week could head off further similar "adjustments", and the yuan is likely to move in both directions as the economy stabilizes, Ma Jun, chief economist at the central bank said on Sunday.
The...
IndiGo, India's biggest airline by market share, has finalised the purchase of 250 Airbus (AIR.PA) A320neo aircraft, handing the European company its largest-ever order by number of planes in a deal worth $26.55 billion at list prices.
The agreement confirms...
Manchester United target Sergio Ramos has agreed to sign a new five-year contract with Real Madrid.
The Spain World Cup winner will join club president Florentino Perez in a signing ceremony on Monday.
The Red Devils had a £28.6m bid for...
Bulls have gored seven people to death during festivals across Spain since the beginning of July - four of them over the past weekend.
The deaths occurred during bull-running in the streets, not in bullrings. It is an unusually high...
Egyptian President Abdul Fattah al-Sisi has approved stringent new counter-terrorism laws to fight a growing jihadist insurgency.
The laws establish special courts and offer additional protection from legal consequences for military and police officers who have used force.
They also impose...
The new head of the Nigerian National Petroleum Corp (NNPC) said on Sunday he will review all production-sharing contracts and joint venture agreements with its partners "to reflect current day realities in the global oil and gas industry".
Emmanuel Kachikwu,...
Many people had thought that General Muhammadu Buhari would pay much attention to giving Nigerians good governance, but for nearly three months in power, all that Nigerians have got are distractions from the once Army Major General.
Each day does...
I recently read an article written by Modibbo Kawu with the above caption and I was compelled to write a rejoinder because of the inaccuracies it conveyed. Ordinarily, I would not have bothered to write on such triviliaties, however,...
Former President of Nigeria, Goodluck Jonathan, former Military Head of State, Abdulsalami Abubakar, Bishop Matthew Kukah, Pastor Ayo Oritsejafor, Sultan Saad Abubakar, Cardinal John Onaiyekan and some other senior citizens of Nigeria last week paid a corrupt visit to...