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Americas

US says China’s island-building erodes security

A US Navy crewman views a computer screen purportedly showing Chinese construction on the Fiery Cross Reef in the South China Sea in this still image from video provided by the US Navy May earlier this month.  Picture: REUTERS

US defence secretary says scope of China’s activity in South China Sea creates uncertainty about future plans

Europe

US leans on Europe to deal with Greece

Delegates take part in the Group of Seven symposium titled Towards a Dynamic Global Economy in Dresden, Germany, yesterday. At the centre of discussions is how to revive a faltering global recovery.  Picture: EPA/THOMAS KOEHLER

Volatile markets, sensitive to differing growth paths, risk derailing economic powers’ efforts

Europe

More than 4,200 migrants rescued in Mediterranean as crisis grows

A group of migrants who were detained in Tripoli, Libya after their boat was intercepted while trying to reach Europe earlier this month. Picture: AFP

Thousands saved from fishing boats and rubber dinghies in operations involving ships Italy, Ireland, Germany, Belgium and Britain

Asia-Pacific

Beijing’s smoke busters to go on patrol

Picture: THINKSTOCK

Chinese capital seeks to snuff out smoking in indoor public places with new ban, fines, hotline to report offenders, but enforcement is likely to be difficult

Opinion

Chinese currency may set off asset upheaval

REFORMS: An employee counts Chinese 100 yuan notes at a branch of Bank of Communications in Shenyang, Liaoning province. Picture: REUTERS

Further renminbi appreciation would complicate Beijing’s efforts to prevent an unduly sharp slowdown this year

A Greek flag flutters between Saint George's bell tower and an olive tree atop the Lycabettus hill in Athens, Greece.  Picture: REUTERS

Debt-ridden Greece hoping for deal by Sunday

Brushing off suggestions a deal is far from imminent, Greek government says it is aiming to reach agreement with its lenders on a cash-for-reforms deal by Sunday

Asia-Pacific

Japan’s firms use payouts to woo more investors

Tsukimi Ayano arranges a scarecrow at a bus stop in the village of Nagoro, Japan, on February 24, recreating scenes from her youth. Pensioners in such villages are being hard hit as younger Japanese head to cities.  File picture: REUTERS/THOMAS PETER

State pension fund contracts as retirees draw out funds faster than workers pay in, writes Dave McCombs

Middle East

Palestinians seeking Israel’s suspension from world soccer

Israelis take part in a demonstration in Tel Aviv called by members of the Ethiopian community against alleged police brutality and institutionalised discrimination on Sunday. Picture: AFP

Fifa’s corruption scandal adds to Israel’s concerns that it could lose a looming vote on a Palestinian proposal to suspend it from international soccer

Europe

Absent China a cloud over G-7 talks

Members of the German riot police outside the castle Elmau in Kruen, southern Bavaria, where the Group of Seven summit is being held. Picture: REUTERS/Michael Dalder

Flagging global growth tops the agenda as well as tensions over China’s growing global economic and political influence


International companies


Europe

UK body likely to offer Tesco a deal

Picture: AFP PHOTO/ADRIAN DENNIS

Beleaguered British retailer may be in line to take advantage of new settlement procedures

Telecoms & Technology

MiX Telematics fails to track down success in Brazil venture

Picture: THINKSTOCK

Vehicle tracking firm MiX Telematics had partnered with Edge Gestao, which holds a 5% stake in MiX Brazil

Tsukimi Ayano arranges a scarecrow at a bus stop in the village of Nagoro, Japan, on February 24, recreating scenes from her youth. Pensioners in such villages are being hard hit as younger Japanese head to cities.  File picture: REUTERS/THOMAS PETER

Japan’s firms use payouts to woo more investors

State pension fund contracts as retirees draw out funds faster than workers pay in, writes Dave McCombs

Soccer

Visa to ‘reassess’ sponsorship of Fifa

A staff walks past a logo of soccer's international governing body FIFA at their headquarters in Zurich, Switzerland. Six soccer officials were arrested in Zurich on Wednesday and detained pending extradition to the United States over suspected corruption at soccer's governing body FIFA. Picture: REUTERS/RUBEN SPRICH

Bank-card network says it expects governing body of World Cup to take swift steps to address issues in wake of international bribery investigations

Soccer

Europeans lead outcry over latest scandal to hit Fifa

FIFA President Sepp Blatter announces 2010 World Cup host nation. Picture: AFP/KURT SCHORRER

President Sepp Blatter urged to take some responsibility for the organisation’s mess

Americas

Brazil protesters demand Rousseff impeachment

Free Brazil Movement (MBL), takes part in the March for Freedom in demand of President Dilma Rousseff's impeachment in Brasilia. Picture: AFP/EVARISTO SA

Several hundred protesters gather in Brasilia to demand impeachment of President Dilma Rousseff after 1,000-km march on capital

Europe

Soften your stance on Greece, Nobel laureate warns EU

Economist and former World Bank chief Joseph Stiglitz. Picture: REUTERS

Nobel laureate Joseph Stiglitz’s comments echo calls for European Union leaders to compromise as time runs short

National

US alleges SA bribed Fifa for World Cup

US attorney-general Loretta Lynch and James Comey, the director of the Federal Bureau of Investigation, at a press conference on Wednesday about the arrests of Fifa officials. The arrests were part of a probe that exposed a massive sporting scandal. Picture: EPA/JUSTIN LANE

Indictment alleges 14 senior soccer officials and marketing executives engaged in a $151m, 24-year bribery scheme surrounding the promotion of world tournaments

Europe

Watchdogs gather to fix market rules

Martin Wheatley. Picture: MATTHEW LLOYD / BLOOMBERG

Global regulators to meet in the UK for ‘fair markets review’ following a spate of rigging scandals

Europe

Swiss open criminal proceedings tied to 2018, 2022 Fifa World Cup bids

A staff walks past a logo of soccer's international governing body FIFA at their headquarters in Zurich, Switzerland. Six soccer officials were arrested in Zurich on Wednesday and detained pending extradition to the United States over suspected corruption at soccer's governing body FIFA. Picture: REUTERS/RUBEN SPRICH

Authorities open proceedings against individuals on suspicion of mismanagement, money laundering related to allocation of Fifa soccer World Cups in Russia, Qatar

Americas

Mexico must grow ports to cope with jump in car exports

Picture: REUTERS

Government earmarks $4.6bn for port infrastructure expansion but some manufacturers are sceptical the 2018 goal will be met

Asia-Pacific

Third Chinese company in danger of debt default

Workers clean the windows of a building in Beijing's commercial district on Monday. China and 30 other countries have set up the $50bn Asian Infrastructure Investment Bank. Picture:  REUTERS/KIM KYUNG-HOON

Bottle maker says that it will not be able to fully repay bond, raising concern it will become the third company to default in the onshore note market this year as the economy slows

Asia-Pacific

Lee family extends grip on Samsung Group

Lee Jae Yong. Picture: BLOOMBERG/SEONGJOON CHO

Samsung Group is revamping businesses as its leadership hands over to a new generation amid pressure from the South Korean government

Asia-Pacific

Vodafone India said to be weighing IPO as share hits 14-year high

STRATEGY: Pedestrians walk past a vegetable vendor sitting in front of a closed store displaying the Vodafone logo in Mumbai, India. Picture: BLOOMBERG

Indian business is wireless carrier Vodafone Group’s biggest unit by customers

Companies

Charter close to deal to acquire Time Warner Cable

A man walks past the Time Warner Cable headquarters in New York.   Picture: REUTERS

Deal could create major rival to Comcast, marks triumph for Charter Communications, which was rejected by Time Warner Cable last year

Opinion & Analysis

European Union plan is about declining British sway

Gideon Rachman promo

Prime Minister David Cameron’s demand for a renegotiation of the UK’s membership of the EU met with a mixture of anger and incomprehension, writes Gideon Rachman

Europe

NEWS ANALYSIS: Portugal losing its appetite for reform

Picture: THINKSTOCK

Portugal’s enthusiasm for change has waned as Europe loses its appetite for further belt-tightening, write John O’Donnell and Axel Bugge

Asia-Pacific

IMF calls for ‘floating yuan’ in three years

Picture: REUTERS

International Monetary Fund declares yuan no longer undervalued, but urges reforms

Europe

EU to unveil latest plan to absorb migrants fairly

Migrants arrive by boat at the Sicilian harbour of Pozzallo, earlier this year, days after more than 300 others died trying to make the crossover.  Picture: REUTERS

European Commission due to unveil controversial plan to force EU member states to more evenly absorb wave of migrants making crossing of Mediterranean to Europe

Opinion

LETTER FROM LONDON: Brexit could mean SA-Commonwealth renewal

While the Commonwealth is neither as sexy as Brics nor as important as the AU, membership might yet prove to be a privilege

A file picture shows a partial view of the ancient oasis city of Palmyra, 215 kilometres northeast of Damascus. Picture: AFP

IS photos show ancient Syrian ruins unscathed

Islamic State posts photgraphs online showing ancient ruins of Palmyra unharmed since it seized the Syrian city from government forces

Asia-Pacific

Indian hospitals struggle to cope with heatwave victims

An Indian child tries to cool himself off in New Delhi on May 28 2015. More than 1,100 people have died in a blistering heatwave sweeping India, authorities said, as forecasters warn searing temperatures will continue. Picture: AFP PHOTO/MONEY SHARMA

Blistering temperatures claim more than 1,500 lives in just more than one week in India as hospitals battle to cope with influx of heatstroke victims

Europe

Queen Elizabeth sets her seal on plan for EU referendum

UK Prime Minister David Cameron gives priority to legislation for referendum on leaving EU as Queen Elizabeth II sets out his government’s agenda for coming year

Europe

Banks planning for possible EU exit stymied by lack of European office space

Picture: THINKSTOCK

A shortage of prime office space in rival European financial centres may torpedo plans by some of London’s banks to quit UK capital if Britain opts out of EU

Opinion

Conservatives should learn from Greece over Brexit

Newly re-elected British Prime Minister David Cameron must fudge to avoid the fate of Syriza

Management

Alert to US graduates over robots eyeing jobs

Japan's electronic parts maker Murata Manufacturing unveils 10 small robots for cheerleading, known as the Murata Cheerleaders,  at a media preview in Tokyo on Thursday. Picture: AFP

Experts warn graduates to avoid ‘the boring stuff’ — jobs robots are likely to do faster, better and cheaper in the near future

Opinion & Analysis

The cure is worse than the disease

Lord Norman Lamont, a former chancellor of the exchequer, has remarked that the UK economy’s recovery supported Greece’s position. File picture: BLOOMBERG

Eurozone’s austerity plan is no remedy for Greece, writes Yanis Varoufakis

Opinion & Analysis

Business gets into gear on climate action

Picture: THINKSTOCK

Businesses at the Business and Climate Summit will have the opportunity to demonstrate their commitment to preserving our planet, write Laurent Fabius and Christiana Figueres

Europe

Faltering global recovery to top agenda for G-7 meeting

A man picks up a Greek flag placed on a street pole after a military parade in the centre of Athens on March 25. Picture: AFP PHOTO/ARIS MESSINIS

G-7 finance ministers have their work cut out this week to revive stuttering global growth and defuse tensions over claims by China to economic power

Management

Swiss watchdog acts on poaching of staff

Ben Bernanke. Picture: REUTERS/JONATHAN ERNST

In the field of financial supervision, Switzerland has — like most countries — a revolving-door problem

Americas

Officials resume talks to overcome US-Cuba barriers

Fourth round of talks between former adversaries focuses on diplomats’ safety and suspected training of Havana rebels by US

Middle East

Soccer becomes Palestinians’ new political weapon

Fifa chief Sepp Blatter plays soccer with Palestinian children during a visit to the West Bank city of Ramallah last week. He also visited Israel on what he called a ‘mission of peace’. Picture: REUTERS/MOHAMAD TOROKMAN

Proposal put forward to suspend Israel from Fifa at the world governing body’s annual congress in Zurich on Friday

Americas

Texas flooding like ’a tsunami’, says governor

This satellite photo from May 25 2015 shows a weather system stretching from northern Mexico to Oklahomain the US. The tornado came as ferocious weather battered swathes of Mexico and the southern United States, where rescuers hunted for 12 people missing in flash floods across Texas and Oklahoma that left three people dead. Picture: AFP PHOTO/HANDOUT/NASA

Texas Governor Greg Abbott declares states of disaster in 24 counties as dam in state park gives way after flash flooding that has claimed at least three lives

Middle East

Iraq regains ground from Islamic State

Iraqi families, who fled the city of Ramadi after it was seized by Islamic State group militants, wait to cross Bzeibez bridge, on the southwestern frontier of Baghdad on Friday. Picture: AFP PHOTO/AHMAD AL-RUBAYE

While in Syria the government says the Islamists have killed hundreds of people since capturing the town of Palmyra

Americas

US Senate votes to grant Obama fast-track power on trade deals

Barack Obama. Picture: REUTERS / LARRY DOWNING

Vote will help wrap up negotiations on a 12-nation Pacific Rim trade deal central to projecting American influence in Asia

World

Billionaires, icons and movie stars — why geek is now chic

Bill Gates. Picture: BLOOMBERG

The unstoppable rise of the geek over the past few years has resulted in a significant change to their status in popular society, writes Gary Newe

Americas

Mexico gunfight kills 43 as government targets gang

Members of the Mexican Army leave the ranch where gunmen took cover during an intense gun battle with the police, along the Jalisco-Michoacan highway in Vista Hermosa, Michoacan State, on Friday. Picture: AFP PHOTO/HECTOR GUERRERO

This is one of the bloodiest shootouts in a decade of gang violence wracking the country

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