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  • European equities mixed, U.S. markets closed
    Some markets in Europe closed higher Friday, while others lingered. Moves in either direction however were limited with U.S. markets closed for the Independence Day weekend. 'The heightened optimism of the past couple of months has been eroded into, with
  • Mercedes-Benz US June Sales Decline 22.6%
    Sales in the first half of 2009 declined 28.7% Mercedes-Benz USA (MBUSA) has reported June sales of 15,155 vehicles, a decline of 22.6% compared to June 2008. On the whole, the company sold 85,088 new vehicles during the first half of the year, a
  • Obama to fight graft in Africa - Browning
    African leaders who embezzle public resources and steal elections should prepare for stinging reproach when US President Barak Obama visits the continent in week?s time or clean up their dirt to keep in the good books of Washington. Outgoing US
  • African leaders seek sanctions on Eritrea
    * African Union says Eritrea helping rebels in Somalia * AU summit drops resolution to boost peacekeepers * Third day of heavy fighting in northern Mogadishu (Releads with African Union resolution on Eritrea) SIRTE, Libya, July 3 (Reuters) - African
  • Rwandan genocide suspect protests innocence: report
    A Rwandan man accused of taking part in the African country's 1994 genocide vehemently denied the allegations in police interview clips broadcast Friday by a Finnish television station. Last month, the state prosecutor's office charged Francois
  • Pan-African dream runs into the realities of nationalism
    Muammar Gaddafi ... pushed his proposal for broad power. Photo: Reuters Griffin Shea in Sirte, Libya THE drive by the Libyan leader, Muammar Gaddafi, to create a powerful pan-African authority has fallen short of his goal at an African Union summit. Mr
  • UPDATE 1-African leaders seek sanctions on Eritrea
    SIRTE, Libya, July 3 (Reuters) - African leaders asked the United Nations on Friday to impose sanctions on Eritrea, saying it was aiding the Islamist rebels fighting government forces in nearby Somalia. But the African Union, at a summit in Libya, did
  • South Africa: 31 Die After Circumcisions
    Thirty-one teenagers died from complications after botched circumcision rites in the rural Eastern Cape region, officials said. Traditional circumcision is a rite of passage practiced by the regions Xhosa clan, where males from age 18 are banished to the
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