A Zambian court on Friday jailed a former cabinet minister for two years in a corruption case that had prompted some Western donors to freeze aid to the southern African nation.Britain, Finland, Ireland and Sweden withheld nearly $34 million in aid to Zambia’s social welfare and education sectors in 2018 because of concern over financial…
France, the euro zone’s second biggest economy, fell into recession in the first quarter of 2021 with a 0.1% contraction, revised official data showed on Friday.
(Adds details from statement, background)May 28 (Reuters) – A.G. Barr said on Friday sales of its soft drinks and cocktail mixes have been strong since the start of the year as people went back to leisure drinking after months of lockdowns, putting the company on track to meet its annual targets.The company, best known for…
China’s massive livestock sector is set to snap up millions of tonnes of wheat from the country’s winter harvest that began this month, extending a run of crop-switching in animal feed and further cooling demand for corn imports.
Goldman Sachs said it no longer saw China as the center of commodities pricing, reasoning the pace of demand recovery in developed markets suggested Beijing as a buyer has been crowded out by Western consumers.
Facebook Inc (FB.O) said on Thursday it will resume making donations to U.S. lawmakers through its political action committee, but will not support 147 lawmakers who voted against President Joe Biden’s electoral certification in January.The company had suspended all donations in the wake of the Jan. 6 Capitol attack pending a review.A company spokesman confirmed…
President Joe Biden on Thursday chided Republican lawmakers who voted against his $1.9 trillion economic stimulus and COVID-19 relief bill before lauding its benefits in their political districts.Speaking at an event in Ohio, Biden drew laughter from the crowd when he held up a list with names of Republican lawmakers who he said had touted…
The United States is outraged that peaceful Iraqi demonstrators demanding reform were met with threats and “brutal violence,” State Department spokesman Ned Price said in a statement on Thursday.One person died and several were injured on Tuesday when Iraqi security forces fired live rounds in the air to disperse anti-government protests in central Baghdad, according…
U.S. stocks advanced slightly on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery. Fred Katayama reports.
Stocks ended mostly higher Thursday after jobless claims fell to a fresh pandemic low and core capital goods orders in the U.S. rose more than forecast.The Dow Jones Industrial Average rose 141 points, or 0.41%, to close at 34,464 and the S&P 500 was up 0.12%. The Nasdaq ticked down 0.01%.Giving the Dow a lift was Boeing …
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