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(MENAFN - AFP) General Motors on Monday raised the death toll linked to its faulty ignition switches to 21 as compensation claims mount following its long-delayed safety recall of the dangerous cars.

Kenneth Feinberg, the attorney in charge of the independent compensation fund set up by GM, reported the program had received 675 claims as of September 19, including 143 death ...

 
(MENAFN - AFP) Millions of Sierra Leoneans emerged from their homes on Monday after a controversial nationwide lockdown during which scores of dead bodies and around 150 new cases of Ebola infections were uncovered.

The west African country had confined its six million people to their homes for 72 hours in a bid to stem a deadly outbreak that has claimed nearly 2,800 lives ...

 
(MENAFN - AFP) The new head of Britain's biggest retailer Tesco has suspended four senior executives and launched an independent investigation after the troubled supermarket revealed Monday it had massively overestimated profits.

Following initial investigations into its UK food business, Tesco said its profit for the six months to August 23 "was overstated by an estimated ...

 
(MENAFN - AFP) Air France pilots on Monday rejected a last-ditch management offer to end the longest strike at the airline since 1998, which is costing up to 20 million euros ($25.7 million) daily.

The main pilots' union dismissed as a "smoke screen" the chief executive's offer to freeze the development of a subsidiary budget airline that management sees as vital to compete ...

 
(MENAFN - AFP) Europe's main stock markets fell on Monday, with London dragged down by losses to heavyweight mining shares and a fresh profit warning from supermarket group Tesco, Britain's biggest retailer.

London's benchmark FTSE 100 index dropped 0.75 percent to 6,786.90 points and in Paris the CAC 40 slid 0.06 percent to 4,457.63 compared with Friday's close.

Frankfurt's ...

 
(MENAFN - AFP) Russia's atomic energy agency said Monday it will provide up to eight nuclear reactors to South Africa by 2023 in a $50m strategic partnership between the two countries.

The delivery of the reactors will enable the foundation of the first nuclear power plant based on Russian technology on the African continent, the Rosatom agency said in a statement.

Director ...

 
(MENAFN - AFP) Global oil prices fell Monday on the back of the strong dollar and plentiful supplies, on the eve of key manufacturing data from China, the world's top energy consumer.

Brent North Sea crude for delivery in November slid $1.74 to stand at $96.67 a barrel in London deals.

US benchmark West Texas Intermediate for October lost $1.02 to $91.39 a barrel.

"The ...

 
(MENAFN - AFP) The new head of Britain's biggest retailer Tesco has suspended four senior executives and launched an independent investigation after the troubled supermarket revealed Monday it had massively overestimated profits.

Following preliminary investigations into its UK food business, Tesco said its profit for the six months to August 23 "was overstated by £250 million ...

 
(MENAFN - AFP) The EU's competition watchdog will recommend approval of Britain's plans, backed by French and Chinese energy giants, to build its first nuclear plant in a generation, an official said Monday.

"As our discussions with British authorities have ended with an agreement, the Competition Commission will recommend a positive decision" on the Hinkley Point project, ...

 
(MENAFN - AFP) French Prime Minister Manuel Valls pledged on a Berlin visit Monday to push on with an economic reform package, which Chancellor Angela Merkel praised as "impressive".

"We will put the reforms in place to get France back on track," the Socialist premier told a joint press conference on his first official visit to Germany since taking office in late March.

Merkel, ...

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