Middle East North Africa - Financial Network

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(MENAFN - AFP) US and European stock markets ended little changed Friday, shrugging off a steep sell-off in China sparked by news of investigations into several brokerages.

Wall Street trading was subdued in a shortened post-Thanksgiving holiday trading session, following market closures on Thursday, as shoppers swarmed to Black Friday sales in the kickoff weekend to the ...

(MENAFN - AFP) A century and a half after first being published, the surreal classic "Alice's Adventures in Wonderland" still fascinates readers and inspires artists with its eerie and iconic fantasy world.

An exhibition in the British Library traces how the story and its characters quickly took on a life of their own after the publication of the book in 1865, inspiring spin-off ...

(MENAFN - AFP) With Facebook co-founder Mark Zuckerberg about to become a dad, the social network boosted the amount of time fathers can take off to bond with their new babies.

Beginning with the new year, dads working full-time for Facebook anywhere in the world will have the option of taking four months' paid leave.

All new dads working for Facebook outside the US ...

(MENAFN - AFP) Medical experts say climate change affects human health in direct ways, by the spread of water- and mosquito-borne diseases for example, and indirectly, such as through hunger.

Here is a snapshot of the problem:

- Thousands more dead -

Between 2030 and 2050, climate change could result in nearly 250,000 deaths per year -- an estimated 38,000 from ...

(MENAFN - AFP) The Dutch government said Friday it will appeal an EU ruling that Starbucks must pay some 30 million euros ($34 million) in back taxes for enjoying an "illegal" tax break.

In a major blow to sweetheart tax arrangements, Brussels said last month the deals the Netherlands had given to the US coffee giant and Luxembourg had awarded Italian automaker Fiat were ...

(MENAFN - AFP) Global oil producers, who provide the world with much of the fossil fuel that causes global warming, are in no hurry to brighten up their own image as climate dinosaurs.

Some Gulf countries have timidly started investing in renewable energy, but experts say the initiatives are just a tiny crack in producers' otherwise solid front of indifference to climate ...

(MENAFN - AFP) Latin America will demand that the richest and most polluting countries foot the bill for reducing harmful emissions at the world climate summit starting Monday.

Countries in one of the world's poorest and most environmentally diverse regions have failed to agree on many things and do not have a common negotiating position overall going into the talks.

But ...

(MENAFN - AFP) Brazil's government said Friday it will sue mining giants BHP Billiton and Vale for $5.2 billion in clean-up costs and damages after the deadly collapse of a waste water dam at an iron-ore mine.

Environment Minister Izabella Teixeira said a lawsuit would be filed demanding that the companies and mine operator Samarco, which they co-own, create a fund of 20 ...

(MENAFN - AFP) Abengoa said Friday its chief executive Santiago Seage had resigned after it emerged the Spanish renewable energy giant was close to bankruptcy, as concerns rise over the fate of a firm that employs close to 29,000 people.

The company announced Wednesday that a deal with Spanish engineering group Gestamp -- which had been due to inject much-needed cash into ...

(MENAFN - AFP) Nearly 136 million shoppers are expected to flock to US sales over the Black Friday weekend, both in stores and online, according to the National Retail Federation.

"Reports of long lines outside stores on Thanksgiving and Black Friday were matched by reports of record-breaking online sales," said Matthew Shay, president and chief executive of NFR, in a statement.

On ...

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