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(MENAFN - AFP) The death toll of the Ebola epidemic neared 1,000 Wednesday as fears rose that the disease is now taking hold in Africa's most populous nation of Nigeria after a second death among seven confirmed cases in Lagos.

The spread of the disease comes as the World Health Organization (WHO) met in an emergency session in Geneva to decide whether to declare an international ...

 
(MENAFN - AFP) The global art market rose in value by 17 percent to a record $7 billion in the first half of 2014, according to new industry figures.

Artprice, a French company which tracks art sales worldwide, said that during the first six months of the year art works sold at public auction totalled $7.15 billion ($5.22 billion euros), up on $6.11 billion for the same period ...

 
(MENAFN - AFP) The US drugs store giant Walgreens announced Wednesday it will buy the remaining 55 percent of Alliance Boots in a deal worth at least $5.29 billion, the latest big move in the pharmaceuticals industry.

Walgreens in 2012 acquired 45 percent of Alliance Boots - a household name in Britain - and had three years to exercise an option to snap up the rest. Walgreens ...

 
(MENAFN - AFP) Europe's stock markets fell on Wednesday, hit by concerns that recent rises may have been sharper than warranted against a backdrop of conflict in Ukraine and fresh banking strains.

The euro briefly fell to an eight-month low against the dollar amid concerns about the health of the eurozone economy.

Traders said sentiment had also been hit by news that ...

 
(MENAFN - AFP) US aerospace giant Boeing said on Wednesday it was working with South African Airways and a Dutch biofuel company to make jet fuel from tobacco seeds.

The Dutch firm, SkyNRG, is boosting its production in South Africa of a hybrid, nicotine-free, tobacco crop called Solaris with "biofuel production expected... in the next few years," the three companies said ...

 
(MENAFN - AFP) President Vladimir Putin on Wednesday banned or limited food and agricultural product imports for a year from nations that have imposed sanctions on Russia over its stance on Ukraine.

The Kremlin said in a statement that Putin's executive decree "either bans or limits... the import into the Russian Federation of certain kinds of agricultural products, raw materials ...

 
(MENAFN - AFP) Italy fell back into recession Wednesday in a surprise setback that highlighted worries that the eurozone's fragile recovery, burdened by the Ukraine crisis, may be flagging.

The Italian economy shrank unexpectedly by 0.2 percent in the second quarter, dragging the country back into recession in a sharp blow for Prime Minister Matteo Renzi, who has told Europe ...

 
(MENAFN - AFP) Standard Chartered confirmed Wednesday that it faces fresh US fines over alleged breaches in its anti-money laundering systems, two years after it paid massive penalties for violating American sanctions.

Media reports said the probe by New York's financial regulator followed allegations that the London-based, Hong Kong-listed lender failed to spot millions ...

 
(MENAFN - AFP) Telecom Italia reported a first-half net profit of 543 million euros ($724 million) on Wednesday, but said a weak domestic market was offsetting positive results from its Brazilian business.

Its home market has been hit hard by Italy's struggle to recover from the eurozone debt crisis, with fresh data on Wednesday showing growth had contracted for a second ...

 
(MENAFN - AFP) The US drugs store giant Walgreens announced Wednesday it will buy the remaining 55 percent of Alliance Boots in a deal worth at least $5.29 billion, the latest big move in the pharmaceuticals industry.

Walgreens in 2012 acquired 45 percent of Alliance Boots - a household name in Britain - and had three years to exercise an option to snap up the rest. Walgreens ...

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