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AfDB to decide fate of $296 mln Ivorian Airbus purchase

By Joe Bavier ABIDJAN (Reuters) – The African Development Bank is expected on Wednesday to decide the fate of a $296 million financing package for Ivory Coast national airline Air Cote d’Ivoire’s purchase of five new Airbus A320s, a bank document seen by Reuters showed. While the Abidjan, Ivory Coast-based lender has participated in loan […]

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Shunning fossil fuels, 40 Catholic groups seek climate action

By Environment Correspondent Alister Doyle OSLO (Reuters) – Forty Roman Catholic groups said on Tuesday they were shunning investments in fossil fuels and urged others to follow suit. The coalition was the largest number of Catholic institutions, in countries including Australia, South Africa, Britain and the United States, to team up for a shift to […]

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Nigeria plans Eurobonds, still in talks with World Bank: DMO

ABUJA (Reuters) – Nigeria will issue at least a $2.5 billion Eurobond this year and is still in talks with the World Bank for concessionary loans, the head of the Debt Management Office (DMO) told Reuters on Tuesday in an interview. Patience Oniha, director general of the Debt Management Office said Nigeria would issue $2.5 […]

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Ireland asks Europe’s top court to rule on EU-U.S. data transfers

By Conor Humphries DUBLIN (Reuters) – Ireland’s High Court on Tuesday said it would ask the EU’s top court to decide whether to ban the way in which Internet firms such as Facebook <FB.O> transfer users’ data to the United States in a case with major implications for companies. The case is the latest to […]

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Moo proving business etiquette still matters in digital age

By Eric Auchard LONDON (Reuters) – London-based Moo is doubling its sales every three years and proving that there is a place for a premium-priced business card printer in a digital age. On Tuesday, the decade-old member of the city’s Silicon Roundabout tech scene posted 38 percent revenue growth for 2016 and a strengthened executive […]

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British actor Coogan wins damages over phone-hacking

LONDON (Reuters) – British actor Steve Coogan won damages on Tuesday from Mirror Group Newspapers whose reporters illegally listened to his voicemail messages to get scoops, the latest chapter in a long-running saga that has damaged the reputation of the British press. Best known in Britain for his portrayal of fictional radio presenter Alan Partridge, […]

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EU drugs head fears delays, health hazards as agency uprooted

By Ben Hirschler LONDON (Reuters) – Access to new medicines and safety checks on existing treatments will be jeopardized if politicians pick a new home for Europe’s London-based drugs regulator that is unacceptable to staff, its executive director told Reuters. Cancer drugs and therapies for rare diseases could be particularly affected by an exodus of […]

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Wales forward Bale ruled out of World Cup qualifiers

LONDON (Reuters) – Wales forward Gareth Bale has been ruled out of their crucial last two World Cup qualifiers against Georgia and Ireland due to a calf injury, The Football Association of Wales (FAW) said on Tuesday. Bale, who missed Real Madrid’s weekend league game against Espanyol, had arrived with the rest of the Wales […]

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South African regulator to fast-track KPMG investigation

CAPE TOWN (Reuters) – South Africa’s audit regulator will fast-track an investigation into global auditor KPMG over work done for business friends of President Jacob Zuma, the regulator’s chief executive told lawmakers on Tuesday. The Independent Regulatory Board for Auditors’ inquiry into KPMG follows an internal investigation in which the firm found work it did […]

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South Africa’s audit regulator says KPMG to cooperate with probe

CAPE TOWN (Reuters) – Global auditor KPMG has given its commitment to cooperate with a South African investigation into work done for business friends of President Jacob Zuma, the nation’s audit regulator’s chief executive told lawmakers on Tuesday. “In the beginning we did not always receive the information that we required. It was important that […]

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South Africa’s audit regulator says KPMG to cooperate with probe

CAPE TOWN (Reuters) – Global auditor KPMG has given its commitment to cooperate with a South African investigation into work done for business friends of President Jacob Zuma, the nation’s audit regulator’s chief executive told lawmakers on Tuesday. “In the beginning we did not always receive the information that we required. It was important that […]

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Oxford team to test universal flu vaccine in world first

By Ben Hirschler LONDON (Reuters) – A seasonal flu vaccine that would be the first in the world to fight all types of the virus is to be tested in a two-year clinical trial involving more than 2,000 patients by researchers in Oxford. The so-called universal vaccine was developed by Oxford University’s Jenner Institute and […]

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