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(MENAFN - AFP) A Liberian man hospitalised in Lagos with Ebola-like symptoms has died, an official said Friday, without confirming the virus was the cause of his death.

The 40-year-old Monrovia resident arrived in Nigeria's mega-city on Sunday and was admitted to hospital after suffering from severe vomiting and diarrhoea.

He was placed in isolation because his symptoms ...

(MENAFN - AFP) Global food and dairy group Danone reported a first-half profit slump on Friday, blaming weak emerging currencies and the effects of a false food scare last year which hurt China sales.

Net profit fell by 37.0 percent from the equivalent figure last year, but the French-based group said that this was partly because an asset sale had inflated the 2013 figure.

The ...

(MENAFN - AFP) Europe's stock markets dropped on Friday as a fall in German business confidence offset positive British growth data, while traders reacted to a huge tie-up of the continent's pay-TV sector.

London's benchmark FTSE 100 index dipped 0.12 percent to stand at 6,813.09 points around midday in the capital, with investors shrugged off the in-line British output data.

In ...

(MENAFN - AFP) Russia's central bank moved on Friday to shield the country's economy from tightening Western economic sanctions over Ukraine, raising its main interest rate in a surprise move.

The Bank of Russia explained its decision to raise its main rate by half point to 8.0 percent by saying that "inflation risks have increased due to a combination of factors, including, ...

(MENAFN - AFP) China has approved the setting up of three private banks, including one by Internet giant Tencent, the industry regulator said Friday, in a long-awaited economic reform aimed at bringing competition to state banking giants.

Previously, China had just two privately-owned banks, Minsheng Bank and Ping An Bank, according to state media.

The China Banking ...

(MENAFN - AFP) McDonald's said Friday that its restaurants in Japan had stopped selling products made with chicken from China, in a marked widening of a scandal that saw expired meat sold to fast food giants.

More than 3,000 restaurants across Japan had also halted imports of chicken products from the country, the chain said, as it switched to distributors in Thailand "to ...

(MENAFN - AFP) A Chinese town has been sealed off and 151 people placed in quarantine since last week after a man died of bubonic plague, state media said Tuesday.

The 30,000 people living in Yumen in the northwestern province of Gansu are not being allowed to leave, and police at roadblocks on its perimeter are telling motorists to find alternative routes, the television ...

(MENAFN - AFP) Britain's Lloyds Banking Group said on Friday that it expects to be fined for its role in the Libor rate-rigging scandal.

LBG said in statement that it had noted media coverage regarding potential settlements with a number of government agencies "around the setting of Interbank Offered Rates and other benchmarks".

It added: "The settlements remain to ...

(MENAFN - AFP) Air France-KLM is climbing well away from financial crisis, the airline group said Friday, releasing results that show a cut in losses and sharp rise in operating profits.

The speed of the turnaround surprised analysts, and shares in the airline, the second-biggest in Europe after German Lufthansa, surged.

The group, which was in severe financial crisis ...

(MENAFN - AFP) The crises in Ukraine and the Middle East are eroding business confidence in Germany, a key indicator showed on Friday, amid signs that global turmoil could derail European recovery.

The Ifo economic institute's closely watched business climate index fell sharply to 108.0 points in July from 109.7 points in June - the third drop in a row, to the lowest level ...

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