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(MENAFN - AFP) General Motors Thursday announced $5.4 billion in new US plant upgrades over the next three years, including in three sites in Michigan, the traditional hub of the US auto industry

The biggest investment outlined is $520 million for a site near Lansing to build tools and equipment for GM's future vehicle programs. The move will retain 1,900 jobs at the site, ...

 
(MENAFN - AFP) The site is far from finished, it has been plagued by corruption scandals, and fears of violent protests were exacerbated Thursday on the eve of the inauguration.

Yet somehow Expo Milan 2015, the first world fair since Shanghai five years ago, will open its doors to the world Friday with Italian Prime Minister Matteo Renzi insisting everything is going to be ...

 
(MENAFN - AFP) The middle of a desert is not the kind of place you'd expect to be able to sit down with a good book, watch a movie or surf the Internet.

But that is exactly what children who have fled the deadly conflict in Syria are now able to do at Azraq refugee camp in Jordan.

The camp, some 100 kilometres (60 miles) east of Amman, opened a year ago and now has ...

 
(MENAFN - AFP) Pungent slices of fermented tofu, piping hot pork buns and crisp green guava slices are some of Taiwan's classic street eats, with the best stalls attracting queues of locals and visitors.

Now these no-frills favourites are being joined by a new wave of restaurants tapping in to the island's abundant fresh produce and vibrant cuisine.

Their fusion of ...

 
(MENAFN - AFP) A South African court on Thursday granted a terminally-ill man the right to end his life in a landmark ruling that could pave the way for assisted suicide legislation.

The High Court in Pretoria allowed for 65-year-old Robin Stransham-Ford to have a doctor help him end his life, and for the doctor to be protected from prosecution.

Medically-assisted ...

 
(MENAFN - AFP) Japanese business interest in Cuba is likely to intensify because of the thaw in US-Cuban relations, Japan's foreign minister said in an interview published Thursday.

Foreign Minister Fumio Kishida was to arrive in Havana Thursday for a visit that is scheduled to include a meeting with his Cuban counterpart Bruno Rodriguez.

Kishida said Japan "supports ...

 
(MENAFN - AFP) The International Monetary Fund reiterated Thursday that Ukraine needs to complete a debt restructuring with private creditors within weeks to pass the first review of the IMF loan program.

IMF spokesman Gerry Rice said that an IMF team would begin the first review of its $17.5 billion loan program on May 12.

The review, which measures Kiev's performance ...

 
(MENAFN - AFP) The New York Times Co. on Thursday reported a $14.3 million loss in the first quarter, hit by a drop in advertising revenues and one-time pension settlement costs.

The publisher of the prestigious US daily said advertising revenues fell almost six percent, as gains in digital ads failed to offset a steep decline in print ad revenues.

Overall revenues ...

30 Apr 2015   Europe stocks close higher 
 
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(MENAFN - AFP) Weekly claims for US unemployment insurance benefits plunged to their lowest level since April 2000 last week, the Labor Department reported Thursday.

Initial jobless claims, a sign of the pace of layoffs across the country, dropped 34,000 in the week to April 25 from the previous week to 262,000.

The Labor Department said there were no particular reasons ...

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