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(MENAFN - AFP) Drug-resistant malaria parasites are now firmly established in border regions in four Southeast Asian countries, imperilling global efforts to control the disease, experts warned on Wednesday.

Blood samples taken from 1,241 malaria patients found that parasites which are resistant to the frontline drug artemisinin have spread to border areas in western and ...

(MENAFN - AFP) Standing just a few hundred metres from the Lagos hospital where a Liberian man died of Ebola, John Ejiofor pleaded for the world to help contain a spread of the virus raging across west Africa.

"Nigeria is in a serious mess," the 40-year-old electrical engineer told AFP. "We lack the capacity to deal with the situation."

Residents of Lagos, sub-Saharan ...

(MENAFN - AFP) It's a marriage made in gourmet burger heaven: a five-ounce, all-beef patty dripping with cheddar cheese and fried onions - served between a glazed donut.

Specialty burger restaurant PYT in Philadelphia says its limited edition Donut Cheesesteak Burger is a novelty take on the city's signature classic, the Philly cheesesteak sandwich.

"It definitely has ...

(MENAFN - AFP) Liberia announced Wednesday it was shutting all schools and placing "non-essential" government workers on 30 days' leave in a bid to halt the spread of the deadly Ebola epidemic raging in west Africa.

The impoverished country, along with neighbouring Guinea and Sierra Leone, is struggling to contain an epidemic that has infected 1,200 people and left 672 dead ...

(MENAFN - AFP) Shares in Nintendo fell more than six percent in early trade Thursday after the Japanese videogame giant announced it was still mired in the red.

Nintendo shares dropped 6.29 percent to 11,550.0 yen soon after the Tokyo stock market opened.

The company said late Wednesday that it incurred a $97 million quarterly net loss, with higher costs tied to sales ...

(MENAFN - AFP) Stricken Portuguese bank Banco Espirito Santo announced on Wednesday historic losses of 3.57 billion euros ($4.78 billion) in the first half of the year due to exposure to the debts of its holding company.

The result, the largest ever loss of any bank in Portugal, had been widely anticipated by investors worried about the impact of the financial woes of BES's ...

(MENAFN - AFP) A US judge Wednesday ordered Bank of America to pay a $1.3 billion penalty for selling bad loans to mortgage finance firms Fannie Mae and Freddie Mac amid the housing crisis.

The penalty comes after a New York jury in October 2013 found that Bank of America and Countrywide defrauded the two US mortgage giants in a lending program in 2007. Bank of America bought ...

(MENAFN - AFP) Microsoft on Wednesday unveiled its Xbox game console in China, the first to enter the market after an official ban 14 years ago, even as it faces a Chinese government probe over business practices.

China's State Administration for Industry and Commerce said Tuesday it was investigating the US technology firm for "monopoly actions" related to its flagship Windows ...

(MENAFN - AFP) The EU on Wednesday imposed an asset freeze and travel ban against two close associates of President Vladimir Putin who are leading shareholders in a bank catering to senior Russian officials.

The EU's Official Journal listed eight people and three firms immediately hit by the sanctions due to their alleged involvement directly or indirectly in the crisis in ...

(MENAFN - AFP) Moscow dismisses Western sanctions as mostly bark, but analysts warned the latest measures announced by the EU and US will also bite the Russian economy, which is teetering on the edge of recession.

Washington and Brussels announced on Tuesday the strongest sanctions on Russia since the Cold War over Moscow's annexation of Crimea and support for separatists ...

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