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Kerry cautions North Korea over nuclear tests

 US Secretary of State John Kerry addresses representatives of 23 countries fighting Islamic State during a ministerial meeting on in Rome, Italy, on Tuesday. Picture: REUTERS/MAX ROSSI

North Korea says ‘denuclearisation’ of Korean Peninsula failed because of US


Swiss to give Washington information on tax evasion

A taxi drives past a branch of the HSBC bank in central London. Picture: REUTERS

US Department of Justice is also investigating Britain-based HSBC over its Swiss unit’s role in helping wealthy US citizens to evade taxes


Berlusconi picks internet executive as successor

Former Italian prime minister Silvio Berlusconi. Picture: REUTERS

Stefano Parisi says he wants to unite Italy’s disparate conservatives


Merkel’s rivals blame liberal asylum seeker policy for attacks

German Chancellor Angela Merkel. Picture: AFP

Four brutal assaults in Germany’s south, three of which were carried out by asylum seekers, have rattled Germans


No rate hike expected just yet as Fed meets to eye inflation

Federal Reserve. Picture: AFP PHOTO/KAREN BLEIER

Fed will need to reconcile upbeat US economic data with global growth slowdown and other headwinds threatening inflation trajectory


WATCH: Rocky ride ahead for SA and EU after Brexit

Will Brexit bring down the EU? And how will it affect emerging markets? Investec Wealth & Investment expert Annelise Peers looks ahead



Fed expected to hold rates steady and defer increase to September or December

US Federal Reserve chairwoman Janet Yellen addresses the Economic Club of New York in New York, the US, on Tuesday. Picture: REUTERS/LUCAS JACKSON

US monetary policy makers will need to consider how to reconcile upbeat data with a global growth slowdown and other challenges threatening the inflation trajectory


Bernie Sanders finding it hard to stem the tide of support

Democratic presidential candidate Senator Bernie Sanders at a campaign rally at the Alliant Energy Center on Saturday Madison, Wisconsin. Picture: AFP

So insistent are his backers that they will not support Hillary Clinton, that they booed him when he said she should be president rather than Donald Trump


IS claims responsibility for French church attack

Members of French special police forces of Research and Intervention Brigade (BRI) and French scientific police are seen at the scene during a raid after a hostage-taking in the church in Saint-Etienne-du-Rouvray near Rouen in Normandy, France, July 26, 2016. A priest was killed with a knife and another hostage seriously wounded in an attack on a church that was carried out by assailants linked to Islamic State. REUTERS/Pascal Rossignol

IS ‘soldiers’ slit a priest’s throat and held nuns and worshippers hostage at a church in the Normandy town of Saint-Etienne-du-Rouvray

CYBERCRIME:  Democratic National Committee chairwoman Debbie Wasserman Schultz resigned after the release of almost 20,000 Democratic Party e-mails. Picture: REUTERS

NEWS ANALYSIS: Pointing fingers is risky for US after hack

Obama has more to weigh and more to lose if he decides to point fingers directly at Russia, writes Angela Greiling Keane


Top Bank of England policy maker changes tack, wants immediate stimulus

The Bank of England in the City of London, the UK. Picture: REUTERS/TOBY MELVILLE

The clinching evidence, Martin Weale says, were the PMIs on Friday, which showed business activity dropping to its lowest level since about April 2009

Middle East

Touchdown in solar aircraft’s epic round-the-world trip

Pilot Andre Borschberg (right) and Bertrand Piccard address a news conference after their arrival in the Solar Impulse 2, a solar powered aircraft, in Abu Dhabi, United Arab Emirates, on Tuesday. Picture: REUTERS

Bertrand Piccard, Solar Impulse 2’s Swiss pilot, calls his flight a milestone for clean energy that charts a way forward for a pollution-free world


John Kerry warns North Korea that US sees its tests as a ‘very serious threat’

 US Secretary of State John Kerry addresses representatives of 23 countries fighting Islamic State during a ministerial meeting on in Rome, Italy, on Tuesday. Picture: REUTERS/MAX ROSSI

Tension has soared since Pyongyang carried out its fourth nuclear test in January, followed by a series of missile launches


French police kill men who murdered priest and held nuns hostage in a church

French police secure the entrance to the courthouse in Bordeaux where Former French President Nicolas Sarkozy is due to be questioned by magistrates trying to establish whether his 2007 election campaign was illegally financed by the country's richest woman.  Picture: REUTERS.

The Normandy attack is the latest in a string of deadly assaults in Europe and comes 12 days after a Tunisian killed 84 people in the French Riviera city of Nice


How a new MSCI study vindicates critics of CEO pay

Picture: ISTOCK

The research looked at 800 CEOs at US companies, and concluded that pay and performance were out of kilter, even over the long term


Two people arrested in connection with Bastille Day massacre

Police officers stand guard near the truck after it crashed into the crowd during the Bastille Day celebrations in Nice, France, 14 July 2016. Picture: EPA/FRANCK FERNANDES

French police have arrested two men in connection with the attack in Nice that left 84 people dead, investigators will determine if the attacker had logistical support


Sanders blasts ‘demagogue’ Trump

Democratic presidential candidate Hillary Clinton and Bernie Sanders stand together during a campaign rally. Picture: REUTERS/BRIAN SNYDER

Donald Trump injects himself into the email controversy, saying it proves the system’s rigged

International companies


AB InBev plays final offer card as it tries to secure SABMiller investor

Analysts warn that Anheuser-Busch InBev is playing high-stakes poker by making a full and final offer it cannot raise any further under UK takeover rules


Vivendi opts to pull the plug on Mediaset deal

SHOCKED:  Mediaset CEO Pier Silvio Berlusconi is unhappy that Vivendi suddenly ended an agreement to buy the firm’s pay-TV unit. Picture: REUTERS/STEFANO RELLANDINI

Mediaset fumes over Vivendi's decision to back out of a contract to buy all of Mediaset’s pay-TV unit that triggered a share sell-off


Big tech a challenge and opportunity for banks

Telefonica is partnering with digital bank Fidor  to offer digital banking in Germany. Picture: REUTERS/MIKE BLAKE

Telefonica’s collaboration is a wake-up call for Europe, write Lionel Laurent and Leila Abboud


BP profit slump not good sign for sector

Robert Dudley.   Picture: BLOOMBERG/JASON ALDEN

BP says adjusted profit dropped to $720m from $1.3bn a year earlier, missing analyst estimates


Commerzbank ‘to shed more jobs’

HANDOVER:  Martin Blessing, former CEO of Commerzbank, left, with Martin Zielke, his successor. Picture: BLOOMBERG/JASPER JUINEN

New CEO expected to cut up to 20% of jobs at its Mittelstandsbank business as he seeks to counteract the effect of low interest rates on the bank’s earnings

HEAVY LIFTING: A bucketwheel reclaimer rides on rails between coal stockpiles at the Port Waratah coal-loading facility in Australia. Coal mines are among the assets being sold by some of the top global miners in a quest to pay off debt. Picture: BLOOMBERG/GILLIANNE TEDDER

Global miners sell assets to relieve debt

Companies seek to shore up balance sheets, write Freya Berry and Barbara Lewis


London decline hits Capital & Counties property

Property fund. Picture: THINKSTOCK

The group’s Earls Court interests were valued at £1.2bn at the end of June, a decrease of 14% from £1.4bn


Ericsson boss lost his job waiting for future to arrive

Ericsson's newly departed CEO, Hans Vestberg, shows a 5G chip at the Mobile World Congress in Barcelona, Spain in February. Picture: REUTERS/ALBERT GEA

Ahead of his time: 5G leading advocate Hans Vestberg bet on self-driving cars and remote surgery


Results show mass market warms to Macau

FAMILY FRIENDLY: Wilfred Wong, president and chief operating officer of Sands China, in Macau. Picture: BLOOMBERG/XAUME OLLEROS

The latest sign of a recovery in mass-market gaming revenue comes amid a casino building boom in the Chinese city


No we won’t: Hard-core Sanders fans reject Clinton

Protesters carry a giant puppet of Bernie Sanders in Philadelphia, the US, on Sunday. Picture: REUTERS/DOMINICK REUTER

Ardent ‘Berners’ say they prefer anyone — even Donald Trump — as US president, while the Green movement waves the independence banner


Democrat hack felt across the world as Kerry and Lavrov have words in Laos

Russian Foreign Minister Sergei Lavrov (left) and US Secretary of State John Kerry attend a joint press conference in Vienna, Austria, on Tuesday Picture: AFP PHOTO/DITER NAGL

Russia’s foreign minister says he does not want to use four-letter words, responding to suggestions Russia was behind the e-mail leak causing a rift among Democrats


NEWS ANALYSIS: Trump makes Clinton’s life easier by unifying Democrats

Republican presidential candidate Donald Trump addresses a rally in Bismarck, North Dakota, on Thursday. Picuture: AFP PHOTO/SPENSER PLATTE

Many Republicans privately hope Clinton will prevail so they can retrieve their party and start rebuilding it once Trump is sent back to private life, writes Simon Barber


Bowing to pressure on South China Sea may be hard to swallow for China

Picture:  REUTERS

China’s dilemma: continue expansion into and militarisation of South China Sea, or succumb to international pressure


Lira falls after university purge in Turkey

Supporters of Turkish President Tayyip Erdogan gather in Istanbul, Turkey, on Tuesday. Turkey has ordered faculty heads at all the country’s universities to resign. Picture: REUTERS/ALKIS KONSTANTINIDIS

Turkey’s Council of Higher Education orders the resignation of 1,577 deans at state and private universities, sparking fear of increased state control over education


Two dead, 14 wounded in Florida nightclub shooting

Fort Myers police officers walk in the parking lot of Club Blu after a shooting attack in Fort Myers, Florida, US, July 25, 2016. Picture: REUTERS/JOE SKIPPER

The club was hosting a party for teenagers, some as young as 13, when gunfire broke out in the club’s parking lot, sending people running for safety


Arrested Afghan youth met gunman before Munich shooting

A group of grieving people is seen at an intersection near a shopping centre following a shooting incident in Munich, Germany in which ten people, including the suspect died and 16 were hospitalized. Picture:  EPA/MATTHIAS BALK

The two youths got to know each other last year when undergoing psychiatric care, Bavaria’s public prosecutor says

A British flag flutters in front of a window in London, the UK, after the vote to leave the European Union. Picture: REUTERS/REINHARD KRAUSE

Brexit fear bargains to be had for private investors

Opportunities must be approached with caution as fund managers may have good reason to shun an under-priced blue chip share, writes Katherine Barber


Democrats convene under the shadow of a new scandal

Democratic presidential candidate Hillary Clinton and Bernie Sanders stand together during a campaign rally. Picture: REUTERS/BRIAN SNYDER

Hillary Clinton has Michael Bloomberg’s endorsement, but embarrassing e-mail leaks that have Bernie Sanders’ supporters up in arms could derail party unity


Arrest warrants are issued for Turkish journalists

Supporters of Turkish President Tayyip Erdogan gather in Istanbul, Turkey, on Tuesday. Turkey has ordered faculty heads at all the country’s universities to resign. Picture: REUTERS/ALKIS KONSTANTINIDIS

Turkey accuses US-based cleric of being behind recent coup attempt and, as part of its investigation, issues arrest warrants for numerous journalists


To survive in the streaming business, you need other revenue streams


How many companies can survive in the high-cost music-streaming business? Plenty, it appears — as long as they are tech giants with their fingers in other pies

Middle East

Civilian casualties in Afghanistan soar to record high

People walk past a picture of Afghan President Ashraf Ghani on a street in Kabul.  Picture: REUTERS

Children in particular have paid a heavy price for growing insecurity as the conflict escalates, with increasing ground combat around heavily populated areas


Verizon to buy Yahoo’s core business for $4.83bn

A pedestrian talks on a cellphone as he walks past a Verizon shop in Washington, DC, the US. Picture: BLOOMBERG/ ANDREW HARRER

The deal marks the end of Yahoo as an operating company, leaving it with a 15% stake in Alibaba and a 35.5% interest in Yahoo Japan Corporation


Trump camp’s flaying of Ted Cruz is political malpractice

Republican US presidential candidate Donald Trump signs autographs after a rally with supporters in Albuquerque, New Mexico on Tuesday. Picture: REUTERS

Endorsing Donald Trump was never a condition for the senator’s address to the party’s convention, and his stance should have been foreseen

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