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(MENAFN - AFP) A second straight sell-off of popular technology shares dragged US stocks lower Monday, as tensions with Russia over Ukraine kept investors on edge.

The Dow Jones Industrial Average finished down 26.08 points (0.16 percent) at 16,276.69.

The broad-based S&P 500 lost 9.08 (0.49 percent) at 1,857.44, while the tech-rich Nasdaq Composite fell 50.40 ...


(MENAFN - AFP) The Ebola virus plaguing Guinea is one of the deadliest known to man, claiming the lives of two-thirds of the people it has infected so far.

The tropical virus can fell its victims within days, causing severe fever and muscle pain, weakness, vomiting and diarrhoea -- in some cases shutting down organs and causing unstoppable bleeding.

Of around 1,850 ...


(MENAFN - AFP) A busy shipping lane to the port of Houston, Texas was closed Monday as clean up crews struggled to remove oil that spilled in a weekend barge crash.

The barge loaded with a million gallons of tar-like "bunker" oil collided with a ship Saturday, and the US Coast Guard said that some 168,000 gallons of oil had spilled in the accident.

Cleanup agencies ...


(MENAFN - AFP) In its toughest move yet to eradicate illegal fishing, the European Union on Monday blacklisted Belize, Cambodia and Guinea, effectively banning their products from the world's most valuable seafood market.

The move to target the three "as countries acting insufficiently against illegal fishing" means EU states will now be required to ban their fish imports ...


(MENAFN - AFP) Britain's crisis-hit Co-operative Bank on Monday revealed that it needed another £400 million ($660 million, 480 million euros) of fresh capital to help to fill a hole in its finances.

Co-op said in a statement that it would seek the money via a sale of shares in the coming months.

The bank, which prides itself on ethical investments, said in a statement ...


(MENAFN - AFP) Cisco Systems announced plans Monday to invest $1 billion to step up its cloud computing with several global partners.

The California-based equipment maker said the alliance would build "the world's largest global Intercloud," or a network of clouds to support objects ranging from wearable devices to appliances to automobiles.

Partners with Cisco in ...


(MENAFN - AFP) An Austrian businessman offered Monday to sell his renowned 7,000-work contemporary art collection to the state for 86 million euros ($118.5 million) to save his stricken international home improvement chain.

"My wife and I are ready to hand over the entire collection to the republic if that can help us save around 4,000 jobs in Austria alone," said the ...


(MENAFN - AFP) One of JPMorgan Chase's top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws in Asia.

Fang Fang, who served as chief executive of JPMorgan's China investment banking unit before being appointed to vice chairman of investment banking for all Asia in 2009, "has informed us ...


(MENAFN - AFP) Global oil prices diverged on Monday as dealers digested news that Chinese manufacturing activity shrank in March to an eight-month low.

New York's main contract, West Texas Intermediate (WTI) for delivery in May delivery, firmed 18 cents to $99.64 a barrel.

Brent North Sea crude for May dipped seven cents to $106.85 a barrel, from Friday's closing ...


(MENAFN - AFP) US Treasury Secretary Jacob Lew will undergo surgery Tuesday in New York to treat a benign enlarged prostate.

The outpatient procedure will keep him at home for the rest of the week, after which he should be able to resume duties, a spokeswoman said Sunday.

Eight days before the scheduled operation, Lew was treated at a Mexico City hospital for what ...

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