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Arts & Entertainment

Russian private collection a historic coup for Foundation Louis Vuitton

A partial view of the Foundation Louis Vuitton designed by US-Canadian architect Frank Gehry, April 10 2014. Picture: AFP/FRANCK FIFE

Sergei Shchukin’s trove of works by Picasso, Monet, Matisse, Cezanne and Van Goghs will be shown outside Russia for the first time


South Korea and US to discuss missile defence

STALLED: The inter-Korean Kaesong industrial complex is seen behind the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom, just south of the demilitarised zone dividing the two Koreas, in Paju, about 55km north of Seoul. Picture: REUTERS

Seoul will begin talks with Washington as early as next week on deploying an advanced US missile defence system following North Korea’s rocket launch


Nato sends warships on Aegean migrant mission

German Defence Minister Ursula Von der Leyen (right) and French Defence Minister Jean-Yves Le Drian attend a Nato Defence Ministers' Council meeting at alliance headquarters in Brussels, Belgium,  on Thursday. Picture: EPA/OLIVIER HOSLET

Nato’s unprecedented naval mission to block people smugglers taking refugees and migrants from Turkey to Greece comes as Ankara threatens to send millions more to Europe


Kaesong shutdown severs co-operation between North and South Korea

STALLED: The inter-Korean Kaesong industrial complex is seen behind the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom, just south of the demilitarised zone dividing the two Koreas, in Paju, about 55km north of Seoul. Picture: REUTERS

Halting activity at Kaesong Industrial Complex as punishment for the rocket launch cuts the last significant vestige of North-South co-operation


Yellen forecasts global turbulence

US Federal Reserve chairwoman Janet Yellen speaks at a media conference on Thursday. The central bank held off on a historic rise in interest rates yesterday on concerns about the Chinese economy and other global risks. Picture: BLOOMBERG/ANDREW HARRER

Fed chief singles out China as source of global economic turmoil as well as some major risks to US growth


LETTER FROM WASHINGON: New Hampshire a poor pointer to nominations

The Granite State is virtually devoid of African-American and Hispanic voters, writes Simon Barber

A graphic from NASA/Caltech-JPL shows an artist's impression of gravitational waves generated by binary neutron stars. Picture: EPA/R HURT

Einstein’s gravitational waves glimpsed in monumental discovery

Gravitational waves are a measure of strain in space, an effect of the motion of large masses that stretches the fabric of space-time


US can still meet climate goals despite court decision


The White House vows that commitments to cut carbon emissions can still be met after Supreme Court delays implementation of Clean Power Plan


NEWS ANALYSIS: Fearful tourists seek safer global destinations

Tourists look at flowers and cards placed in tribute to the victims of a terror attack on a beach in front of the imperial Marhaba Hotel in Sousse, Tunisia on Sunday. Picture: EPA/MOHAMED

World tourism map redrawn as attacks, epidemics and migrants steer holiday makers to Haiti and Latin American, writes Katia Dolmadjian


Sanders’s social revolution now firmly on track

UPBEAT:  US Democratic presidential candidate Bernie Sanders cheers after winning the New Hampshire primary on Tuesday. Picture: REUTERS/RICK WILKING

US’s longest-serving independent member of Congress gives notice that his ‘political revolution’ is for real with New Hampshire win


Age shift in population casts light on mortgages

In SA, life expectancy has increased at a rapid pace — to 61 years from 52 years in 2005.       Picture: ISTOCK

UK banks are reassessing home loans for older people, as working life is extended, writes Andrew Golding

International companies


Thyssenkrupp reports net loss in first quarter on drop in steel prices

Picture: REUTERS

CEO Heinrich Hiesinger, who took on the role in 2011 after a bribery scandal at Thyssenkrupp, is trying to turn the steelmaker into a more diversified industrial group


Renault hits profitability targets two years ahead of schedule


However, Renault took a hit in Russia where the economic downturn hit its Avtovaz unit there hard, with a loss of €620m


SABMiller to sell off European beer brands to Japanese brewer

DEBT BREWING: AB InBev agreed to buy SABMiller in October for about $110bn. Picture: REUTERS

SABMiller’s ownership of the brands is seen as a stumbling block for Anheuser-Busch InBev’s proposed $108bn acquisition of the brewer

Picture: REUTERS

UK antitrust watchdog slaps fine on GlaxoSmithKline

Drugmaker is fined £37.6m over pay-for-delay deals that held back sales of cheaper generic versions of an antidepressant


Calls for more cuts at Barclays


JPMorgan Chase advises British bank to deepen cuts at investment bank as outlook deteriorates further

Media & Advertising

Twitter shares slump to record low as user growth stalls

The shadows of people holding cellphones fall onto a backdrop projected with the Twitter logo in this picture taken in Warsaw. Picture: REUTERS

More than 20 brokerages have cut price targets on the social media website’s shares, which have fallen more than 50% since CE Jack Dorsey returned in July


Rolls-Royce cuts its dividend for first time in almost 25 years

The Wraith Inspired by Film.  Picture: ROLLS-ROYCE SA

Company says it will need to deepen cuts in a restructuring effort sparked by sluggish sales of marine turbines and slumping demand for older wide-body jets


Mercedes in the lead in luxury-car sales race, as BMW falls to third position

Picture: REUTERS

Audi had the slowest growth of the world’s three biggest upscale car brands with sales increasing 4%, but still outsold BMW


First emissions-reduction standards for aircraft announced

Picture: REUTERS

The standards are aimed at makers of small and large aircraft and will apply to all new models launched after 2020, the United Nations aviation agency said


Japan widens North Korean sanctions after rocket launch

Picture: REUTERS

The restrictions ban entry of all North Korean ships to Japanese ports and add other limits to travel between the two countries


US Supreme Court votes down regulations to curb CO2 emissions

Barack Obama. Picture: AFP PHOTO / JIM WATSON

The court voted 5-4 along ideological lines to grant a request by 27 states, companies and business groups to block the Obama administration’s Clean Power Plan


UN fears for hundreds of thousands as Aleppo offensive deepens

Russian-backed Aleppo bombardment one of the most important shifts of momentum in five year civil war that has killed 250,000 people and driven 11-million from their homes


Facebook’s India stumble could embolden other regulators

Facebook is using new features to lure advertisers in India, where revenue per user lags far behind the US. Picture: REUTERS/RICK WILKING

India rules against differential data pricing but Facebook could challenge ruling in courts, say analysts


A Tory prime minister tackles UK’s race issue

David Cameron takes on underworld of discrimination in jails, universities and the workplace

North Korean people and soldiers celebrate North Korea's rocket launch in Pyongyang. Picture: AFP

NEWS ANALYSIS: China’s actions hold the key to defusing tension in North Korea

North Korea’s growing military threat could presage an arms build-up if China feels threatened by the rollout


Obama to push for Wall Street reform in 2017 budget

US President Barack Obama.  Picture: REUTERS

President Barack Obama expected to call for an increase in funding for regulators, but Republican-controlled Congress is likely to oppose these proposals


ESPN’s decline eclipses The Force Awakens

Wall Street. Picture: REUTERS

Sports network posts a fall in quarterly profit, overshadowing the success of Star Wars: The Force Awakens, which lifted the company to record income


Obama sends congress record $4.1-trillion budget

US President Barack Obama (right), with US Vice-President Joseph Biden. Picture: EPA/SHAWN THEW

US leader’s final budget represents his aspirations for curbing climate change, bolstering education and technology while also setting a marker in political campaign to succeed him

Other Sport

US ‘did not tell athletes to avoid Rio Games’ due to Zika

IOC president Thomas Bach addresses the media after the Executive Board meeting and IOC Session in Kuala Lumpur. Picture: AFP PHOTO/MANAN VATSYAYANA

The US Olympic Committee says Team USA is looking forward to the Rio Games and it ‘did not, would not and will not prevent athletes from competing’


Afghan police officer killed in firefight with Nato troops

INSURGENCY: Afghan security forces arrive after an operation in the Sorkhrod district of Jalalabad province on Wednesday. Police said they captured two suspected Taliban insurgents and killed four others during an overnight ambush. Picture: REUTERS

Police officer opened fire on a Nato delegation at the entrance to Afghanistan’s commerce ministry, departmental officials say


German industrial output plunges in December


The unexpectedly weak data raise questions about the future growth prospects of the traditionally export-orientated economy


SpaceX to attempt its second rocket launch of the year later this month

A remodeled version of the SpaceX Falcon 9 rocket rests on its pad. Picture: REUTERS/STEVE NESIUS

Elon Musk’s SpaceX has said it hopes to fire more than a dozen Falcon 9 rocket this year, and is looking to refly its rockets


White House hopefuls Trump, Sanders capture New Hampshire

Republican US presidential candidate Donald Trump reacts  at his 2016 New Hampshire presidential primary night rally in Manchester, New Hampshire on Tuesday. Picture: REUTERS/JIM BOURG

Donald Trump’s win solidifies his front-runner status in the race to be the party’s White House nominee

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