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(MENAFN - AFP) Second quarter profits for Brazil's Petrobras dropped 20 percent compared to the same period one year earlier, the state-run oil giant said.

Petrobras recorded profits of 4.96 billion reais (about $2.22 billion) in the quarter, the company said late Friday, compared to 6.2 billion reais (nearly $3 billion) for the same period in 2013.

CEO Graca Foster ...

 
(MENAFN - AFP) Abu Dhabi's Etihad Airways announced on Saturday that it will reroute flights over Iraq in the wake of US air strikes on Islamist State (IS) fighters there.

"Etihad Airways has announced that it will reroute its flights to avoid conflict airspace in Iraq," a statement by the carrier said.

"The decision follows the deterioration of the security situation ...

 
(MENAFN - AFP) India's airports went on alert and the government opened an emergency helpline Saturday as part of measures to tackle any outbreak of the deadly Ebola epidemic in the country of 1.25 billion people.

India has nearly 45,000 nationals living in the four Ebola-affected West African nations and health officials said there was a possibility of some of them returning ...

 
(MENAFN - AFP) The story of the Argentine activist who found her grandson 36 years after he was taken by the military regime has revived deep emotions for many, and caused others to question their identity.

The scenes of 83-year-old Estela Carlotto hugging her long-lost grandson for the first time warmed hearts across Argentina this week, but also prompted new soul searching ...

 
(MENAFN - AFP) The struggling Salzburg Festival is set Saturday for its cultural and commercial highlight of the year with an eagerly awaited new production of Verdi's opera "Il Trovatore", 2014's hot ticket.

Featuring the world-famous Placido Domingo, now more a baritone than tenor at 73, and Russian soprano sensation Anna Netrebko, demand for the premiere outstripped supply ...

 
(MENAFN - AFP) China's annual inflation rose 2.3 percent in July, official data showed Saturday, remaining stable and allowing authorities space to further stimulate growth in the world's second-largest economy if needed.

The country's consumer price index (CPI) - a main gauge of inflation - also rose by 2.3 percent in the first seven months of the year from the same period ...

 
(MENAFN - AFP) Live television broadcasts of the murder trial of South African Olympian Oscar Pistorius have taken the dramatic case into living rooms around the world - and into classrooms in his home country.

When Faith Kholofelo took her exams in June she faced a question about the trial - one of many students being taught legal principles through the courtroom lens.

While ...

 
(MENAFN - AFP) He may be more than a century old but Hafeezullah still goes to work every day.

With the aid of a cane, the wizened white-bearded centenarian tends to his fields in Pakistan's hauntingly beautiful Neelum Valley just as he did when Britain still ruled this part of the world.

Pakistan was recently named by the UN as one of the worst countries in the world ...

 
(MENAFN - AFP) The "House on the Corner" was one of the most feared places in Latvia during Soviet times, but now people are flocking to the former KGB headquarters in the capital Riga, keen to uncover its dark secrets.

As Russia flexes its muscles in its Soviet-era backyard, there is a concerted drive here and in other Baltic states once under Soviet control to counter any ...

 
(MENAFN - AFP) Conventional wisdom would hold that a move into a retirement home means that a pensioner's days of adventure are over.

But a new social network in Slovenia wants to change that and make globetrotting easier for older folk with wanderlust who want - or need - the services of a specialised residence for seniors.

"Once the opportunity arose, I quickly decided ...

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