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(MENAFN - AFP) Guinea battled Wednesday to contain an Ebola epidemic threatening neighbouring countries as fear and confusion gripped communities under siege from one of the deadliest viruses known to mankind.

Aid organisations have sent dozens of workers to help the poverty-hit country combat a haemorrhagic fever outbreak which has claimed at least 63 victims, many of ...


(MENAFN - AFP) Myanmar named energy giants Chevron, Shell and Total among the winners Wednesday of a landmark auction of offshore oil and gas exploration rights, pinning hope on its natural resources to drive economic growth.

The country, left impoverished by nearly five decades of isolation under military rule, has been the subject of feverish interest by energy firms ...


(MENAFN - AFP) A British financial watchdog on Wednesday said it had fined Spanish banking giant Santander almost £12.4 million for mis-advising customers.

The Financial Conduct Authority said it had fined Santander, the eurozone's biggest lender which has branches in Britain, the equivalent of $20.5 million or 14.9 million euros, "for widespread investment advice failings."

Tracey ...


(MENAFN - AFP) The chief executive of Siemens told President Vladimir Putin on Wednesday the German industrial giant plans long-term investment in Russia, news agencies reported, in a key sign of confidence in Russia's economy despite the outcry over its intervention in Crimea.

Siemens chief Joe Kaeser said at a meeting at Putin's Novo-Ogaryovo residence that his company ...


(MENAFN - AFP) China has broken the rules of global commerce by restricting exports of rare earths, tungsten and molybdenum, a move that benefited domestic industries, a World Trade Organization panel said on Wednesday.

A WTO disputes settlement panel said that Beijing's deployment of export duties and quotas, plus limits on who could trade in what are key raw materials ...


(MENAFN - AFP) Japanese automaker Nissan is recalling nearly a million of its vehicles in North America over a defect that could cause the front passenger airbag not to deploy in an accident.

The recall includes the 2013 and 2014 models of several of its cars and SUVs, including the latest generation of its Altima sedan and its all electric Leaf, according to a letter ...


(MENAFN - AFP) Toyota is to buy back as much as 1.89 percent of its shares for 360 billion yen ($3.5 billion), raiding a growing corporate cash chest for the first time in five years, the Japanese carmaker said Wednesday.

The world's largest automaker said it will purchase up to 60 million shares over a 10-month period following the next shareholders' meeting in June.

It ...


(MENAFN - AFP) Lufthansa, Germany's biggest airline, said it will cancel around 600 European and domestic flights on Thursday due to a strike by ground staff, baggage handlers and maintenance workers.

The giant services sector union Verdi has called for the walkout at Germany's major airports over a pay dispute.

"The airlines of the Lufthansa group expect substantial ...


(MENAFN - AFP) German media and publishing giant Bertelsmann said on Wednesday it expected further growth this year after a "gratifying" business performance in 2013.

"Bertelsmann delivered a gratifying business performance in 2013," said chief executive Thomas Rabe.

"Our figures demonstrate our company's economic capacity and solid financing. On this basis, in 2014 ...


(MENAFN - AFP) Rupert Murdoch said Wednesday he had promoted his son Lachlan to be vice president of the two companies that make up his media empire.

Those companies are News Corp and the mass media and entertainment multinational 21st Century Fox.

For years speculation had been rife over which of the six children of the 83-year-old magnate would take over for him.

Murdoch ...

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