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A man stands among the wreckage after a huge tornado devastated the Oklahoma City suburb of Moore on Monday. The tornado is the deadliest since May 2011, when a twister killed 161 people in Missouri. Picture: REUTERS

Monster tornado devastates Oklahoma town

9 hour(s) ago

At least 91 feared dead, including 20 children, in deadliest tornado in US in two years

Europe

Ireland denies it is to blame for Apple’s low tax rate

IRISH PRESENCE: A sign at the offices of Apple Operations International, a subsidiary of Apple, Hollyhill, Cork, in the south of Ireland. Picture: REUTERS
54 minute(s) ago

US Senate says Apple paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries

Asia-Pacific

China and India promise détente over persistent border dispute

EXILES: Tibetans shout slogans during a protest against Chinese Premier Li Keqiang’s visit to India, at Majnu Ka Tila, a Tibetan refugee camp, in New Delhi on Monday. Picture: REUTERS
10 hour(s) ago

India and China agree to accelerate talks as they seek to draw a line under a military standoff along part of disputed border

Europe

Gay marriage bill intensifies divisions in Britain

Britain's Prime Minister David Cameron leaves Number 10 Downing Street during snow fall in central London on Friday. Fewer than 30 Britons are at risk in Algeria after a hostage attack by Islamist militants on a desert gas complex and the subsequent rescue attempt by Algerian government forces, Mr Cameron said on Friday. Picture: REUTERS
10 hour(s) ago

Rebels in British Prime Minister David Cameron’s Conservative Party on course to oppose him again over plans to introduce gay marriage

Middle East

Security crisis deepens in Iraq

Relatives carry the coffin of an Iraqi police officer killed by militants during a funeral in Najaf, around 160 km south of Baghdad, on Monday. Picture: REUTERS
10 hour(s) ago

Two days of bombings, attacks on police and a botched hostage rescue kill 50 people in Iraq

Asia-Pacific

Japan warns of shaky future on its public debt

Japanese Finance Minister Taro Aso. Picture: REUTERS
10 hour(s) ago

Japanese government panel warns there is 'absolutely no guarantee' that domestic investors will keep financing the country’s large public debt

Asia-Pacific

Signs of an upturn in Japan’s exports, factory output

Picture: REUTERS
10 hour(s) ago

Upturn in exports, factory output add to growing evidence that Prime Minister Shinzo Abe’s aggressive polices are beginning to re-ignite growth

Europe

UK fiscal policy debate ‘overblown’

Bank of England governor Mervyn King. Picture: REUTERS
10 hour(s) ago

Bank of England governor Mervyn King says debate on fiscal policy has 'really got overblown' and the government’s plan to aid home buyers should not become permanent

African Business

China vice-premier set for Harare talks

Chinese Vice-Premier Wang Yang (centre). Picture: REUTERS
10 hour(s) ago

Chinese Vice-Premier Wang Yang expected in Harare bilateral talks with President Robert Mugabe ahead of AU summit meeting in Addis Ababa

Storm chaser photographer Brad Mack records a tornado near a home in South Haven, Kansas on Monday. A massive storm front hammered central US with tornadoes, including a twister that struck near Oklahoma City. Picture: REUTERS

IN PICTURES: Deadly twister flattens US town

A 3km-wide tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 91 people, destroying entire tracts of homes and trapping two dozen schoolchildren beneath rubble.

Europe

NEWS ANALYSIS: Waiting for the bubble to burst

AGENDA: French President Francois Hollande and Mali’s interim President Dioncounda Traore at the Elysee Palace in Paris. Picture: REUTERS
10 hour(s) ago

Signs are that cautionary messages European central bankers have been issuing for months are finally starting to get through, writes David Marsh

African Business

Nigeria growth ‘fails to curb poverty’

Picture: THINKSTOCK
10 hour(s) ago

Nigeria’s poverty rate should be falling faster given its economic growth this decade, says IMF official

Europe

Ryanair focus on short-haul market pays off

Picture: THINKSTOCK
10 hour(s) ago

Europe’s biggest discount airline boosts full-year profit 13% as it adds routes and aircraft to target short-haul markets

Middle East

Wave of attacks kills at least 79 in Iraq

DEVASTATION: Residents gather at the site of a bomb attack in Basra, 420km southeast of Baghdad, on Monday after two car bombs hit the predominantly Shiite city. Picture: REUTERS
22 hour(s) ago

Attacks on Monday extend one of the most sustained bouts of sectarian violence the country has seen in years

Americas

Hi-tech seed planters assist US farmers in a race against time

Picture: THINKSTOCK
21 hour(s) ago

Farms opt for monster agricultural machines as sowing season is off to a slow start due to weather, write Tom Polansek and Mark Weinraub

International companies

vaccine health XXX Picture: THINKSTOCK

Actavis to buy Warner Chilcott in $8.5bn deal

Largest US maker of generic drugs by market value agrees to acquire Warner Chilcott for $8.5bn, including net debt

Americas

Goldman ‘selling $1.1bn stake in Chinese bank’

Picture: REUTERS
3 hour(s) ago

Goldman Sachs seeking to end a seven-year investment in Industrial & Commercial Bank of China, says a person with knowledge of the matter

Americas

Yahoo splashes out $1.1bn to buy blogging network Tumblr

TOGETHER: Yahoo and Tumblr apps on an iPhone screen. Picture: REUTERS
10 hour(s) ago

Yahoo confirms it is buying Tumblr as CEO seeks to lure users and advertisers with priciest acquisition to date

Europe

NEWS ANALYSIS: Verizon windfall revives Vodafone growth plans

10 hour(s) ago

Vodafone Group’s investors have ideas for the $100bn or more that the company stands to pocket for its stake in Verizon Wireless

Europe

Drug maker Elan looks to deals as defence

21 hour(s) ago

Irish drug firm announces second large pharmaceutical deal inside a week

More in Multimedia

Multimedia

President of the Japan International Cooperation Agency Akihiko Tanaka.

Trade & Industry

SUMMIT TV: Japan-Africa cooperation

Trade & Industry

SUMMIT TV: Argentina’s incredible ‘shrinking’ economy
Chris Hart is chief strategist at Investment Solutions.

Economy

SUMMIT TV: No end in sight for central banks
DIVERGENCE: German Chancellor Angela Merkel gives a speech at the annual German Savings Banks Association meeting in Dresden on Thursday. The European Central Bank would have to raise interest rates if it were looking at Germany alone but was in a difficult position because of the economic divergence in the bloc, she said. Picture: REUTERS

EU leaders hope to win fight over tax evasion

European leaders to gather for summit overshadowed by rampant unemployment and the deepening eurozone recession

Europe

Aide’s gaffe places Cameron in tight spot

British Prime Minister David Cameron. Picture: REUTERS
1 day(s) ago

Furore threatens to further alienate British prime minister and his inner circle from the core of his party, with whom ties are already almost at breaking point

Middle East

Syrian army, Hezbollah attack rebels in border town, says opposition

HEAVY TOLL: Damaged buildings in the Syrian city of Homs on Sunday. Picture: REUTERS
1 day(s) ago

Syrian troops supported by Hezbollah militants launch offensive to retake town near Lebanon from rebels, say opposition activists

Europe

Greece’s rescue fund to sell two banks

Picture: THINKSTOCK
1 day(s) ago

Fund will aim to sell Hellenic Postbank and Proton by mid-July, with big banks continuing to absorb small ones

Europe

NEWS ANALYSIS: Duped Spanish savers distrust state remedy

DISPLEASURE: A protester holds up a sign that reads
1 day(s) ago

Savers shun state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal

Americas

Hi-tech seed planters assist US farmers in a race against time

Picture: THINKSTOCK
21 hour(s) ago

Farms opt for monster agricultural machines as sowing season is off to a slow start due to weather, write Tom Polansek and Mark Weinraub

Europe

Croatia trains bees to find land mines

Picture: THINKSTOCK
1 day(s) ago

Hundreds of square kilometres in Croatia are still suspected to be filled with mines from the Balkan wars in the 1990

Americas

Iran ‘behind US cyber blitz’

1 day(s) ago

Series of cyber attacks on US banking websites was more powerful than public realised, say officials and security experts

Americas

US nod for Texas natural gas exports signals new era

Picture: THINKSTOCK
1 day(s) ago

Obama administration opens door to new era of US energy exports by approving liquefied natural gas project

Middle East

Netanyahu says Israel planning Syria scenarios

Israeli Prime Minister Benjamin Netanyahu. Picture: REUTERS
1 day(s) ago

Israeli Prime Minister Benjamin Netanyahu holds out the prospect of further Israeli strikes inside Syria

Opinion & Analysis

Dismantling the euro is the answer

Picture: REUTERS
4 day(s) ago

Since nothing else can give way, it will have to be the euro system, write Brigitte Granville, Hans-Olaf Henkel and Stefan Kawalec

Asia-Pacific

Japan PM sets targets in latest growth strategy tranche

Japan's Prime Minister Shinzo Abe delivers a speech to business leaders and scholars during a meeting hosted by Japan Acedemeia in Tokyo on Friday. Picture: REUTERS
4 day(s) ago

Abe’s growth strategy aims to triple infrastructure exports and double farm exports by 2020, as well as boost private investment

Europe

French leader Hollande urges eurozone government

French President Francois Hollande. Picture: REUTERS
4 day(s) ago

Francois Hollande calls for economic government for eurozone with own budget, harmonised tax system and full-time president

Asia-Pacific

Cyclone kills 13, destroys thousands of homes in Bangladesh

WINDY: Men stand on the Bay of Bengal shore ahead of Cyclone Mahasen’s approach in Chittagong this week. Picture: REUTERS
4 day(s) ago

More than 49,000 thatched houses destroyed when Cyclone Mahasen hit along Bay of Bengal

Americas

US tax chief forced out in conservative revenue targeting scandal

BATTLING SCANDAL: US President Barack Obama delivers a statement on the IRS from the East Room of the White House in Washington DC on Wednesday. Picture: REUTERS
5 day(s) ago

Washington’s top tax official fired as US president seeks to stem rising tide of criticism over Internal Revenue Service targeting of conservative groups

Americas

S&P downgrades Buffett’s Berkshire

Berkshire Hathaway chairman Warren Buffet. Picture: REUTERS
4 day(s) ago

Standard & Poor’s lowers Berkshire Hathaway’s credit grade by one level after the ratings company revises its criteria for evaluating insurers

Europe

Miner ENRC rejects $4.8bn bid to go private

1 day(s) ago

Metals producer being investigated by UK’s Serious Fraud Office rejects bid to take the company private

Americas

Texas to sue firms over Deepwater Horizon oil spill

1 day(s) ago

Texas joins crowd of Gulf of Mexico states to file lawsuit against BP, Halliburton and others after one of the worst oil spills in US history

Asia-Pacific

Sharif will not need a coalition

FORGING AHEAD: Nawaz Sharif, leader of the Pakistan Muslim League: Nawaz, addresses an election campaign rally in Rawalpindi this week. Picture: REUTERS
4 day(s) ago

Nawaz Sharif’s Pakistan Muslim League-Nawaz wins 124 out of 272 seats, with its nearest rival, the Pakistan People’s Party, taking 31

In depth: Brics

News, views, analysis and multimedia coverage of the Brics nations and their annual summit in Durban

SA-China partnership

An in-depth look at the history, meaning and development of relations between SA and China

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