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(MENAFN - AFP) Goldman Sachs has admitted in court documents to having used small gifts, occasional travel and an internship to cement its ties with Libya's sovereign wealth fund under Moamer Kadhafi, the Financial Times reported Saturday.

The details were in the investment bank's defence to a lawsuit filed by the Libyan Investment Authority (LIA) in London in January, which ...

 
(MENAFN - AFP) Finance chiefs from G20 nations held talks Saturday, confident they can "change the destiny of the global economy" despite rising world political tensions and mounting fears of financial instability.

The meeting in Cairns aims to thrash out a set of policies to achieve the ambitious goal of raising the total GDP of the 20 major world economies by two percent ...

 
(MENAFN - AFP) Apple chief Tim Cook personally kicked off sales of the iPhone 6, joining in "selfies" and shaking hands with customers Friday outside the company's store near his Silicon Valley home.

Cook was dressed in a black T-shirt and jeans as he worked his way from one end to the other of the long queue outside the Apple Store in the city of Palo Alto shortly before ...

 
(MENAFN - AFP) US stocks faced big hurdles this week, but emerged stronger following a favorable Federal Reserve decision, a rejection of Scottish independence and a record stock offering from Chinese company Alibaba.

The gains were strongest for the Dow Jones Industrial Average, which closed the week at record levels after tacking on 292.23 points (1.72 percent) to 17,279.74.

The ...

 
(MENAFN - AFP) The devastating Ebola outbreak caught the world off guard, World Bank President Jim Yong Kim said Friday as he questioned the international community's readiness to respond to other pandemics.

"This has surprised everyone. None of us thought that Ebola would be looking like it's looking right now," he told reporters in Sydney of the disease which has so far ...

 
(MENAFN - AFP) France's health minister on Friday authorised "experimental treatments" for a French nurse who has contracted Ebola and is now being treated in a Paris hospital.

"She is receiving experimental treatments," Marisol Touraine said, adding that these drugs were administered "as soon as she arrived."

A medical plane carrying the young female Doctors Without ...

 
(MENAFN - AFP) Spoof Nobel prizes that honor the humor in science were handed out at Harvard University, celebrating the physics of stepping on a banana skin and the neuroscience behind spotting Jesus in toast.

The 24th edition of the annual Ig Nobel Prizes were handed out Thursdayto winners from across the world by genuine Nobel laureates in Cambridge, Massachusetts.

The ...

 
(MENAFN - AFP) Ugandan MPs have been inundated with complaints that many condoms on sale in the east African nation are too small, warning the problem is a blow to the fight against AIDS.

Insisting that one size doesn't fit all, MP Tom Aza said Uganda's Parliamentary Committee for HIV/AIDS said a recent tour of areas worst hit by the virus revealed that some men "have bigger ...

 
(MENAFN - AFP) Syria's opposition said Thursday that 16 children who died during a measles vaccination campaign in the mostly rebel-held province of Idlib had been given an anaesthesia additive by mistake.

"Reports point to the possibility of human error which led to atracurium being used in place of the solvent which should have been used with the vaccine," said opposition ...

 
(MENAFN - AFP) A former director of Brazilian oil giant Petrobras who has accused dozens of politicians of taking kickbacks allegedly pocketed one himself for the purchase of a US refinery, local media reported.

Paulo Roberto Costa, currently in custody for money laundering, told police and justice ministry officials probing his allegations that he took 1.5 million reais ...

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