Business

UK launches full probe of Amazon investment in Deliveroo

Photo, a Deliveroo logo on a bicycle in London. British regulators said Friday Dec. 27, 2019, they are launching a full-scale investigation of Amazon’s plan to purchase a stake in Deliveroo to determine if it would dampen competition. (AP Photo/Frank Augstein, File) British regulators said Friday they are launching a full-scale investigation of Amazon’s plan

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World shares mostly higher; China plans stimulus measures

Chinese investors monitor stock prices at a brokerage house in Bejiing, Thursday, Dec. 26, 2019. Shares are mostly higher in Asia with many world markets closed for Christmas holidays. (AP Photo/Mark Schiefelbein) Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation

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Erdogan in Tunisia for surprise visit to discuss Libya

Turkey’s President Recep Tayyip Erdogan, left, Tunisian President Kais Saied, right, inspect a military honour guard at the airport, in Tunis, Tunisia, Wednesday, Dec. 25, 2019. Erdogan with top Turkish officials is on an unannounced visit to Tunisia to meet Saied. (Turkish Presidency via AP, Pool) Turkey’s president has met with Tunisia’s president in a

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China, Japan, South Korea meet on North Korea, free trade

South Korean President Moon Jae-in, left, shakes hands wth Japanese Prime Minister Shinzo Abe during a meeting in Chengdu, China, Tuesday, Dec. 24, 2019. (Lee Jin-wook/Yonhap via AP) Leaders from China, Japan and South Korea reiterated their commitment to ending North Korea’s nuclear and missile programs at a trilateral summit Tuesday that comes against the

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Parliament clips Central Bank of Kenya powers over State mortgage financier

Central Bank of Kenya Governor Patrick Njoroge Parliament has stripped the Central Bank of Kenya (CBK) of powers to approve the opening, relocation and closure of any branch of a mortgage refinance company. The National Assembly annulled sections 26(2) and 42 of the Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019. The regulations, Central

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Turkey’s police special operations chief in Somalia

Selami Turker, chief of Special Police Unit of Turkish National Police, met with Somali officials and exchanged views Turkey’s police special operations chief is in Somalia’s capital Mogadishu to boost cooperation between the two countries, the Turkish Embassy in Somalia said Monday. In a statement, the embassy said the Chief of the Special Police Unit

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Rouhani concludes Japan visit, seeks support for Iran economy

Credit /AFP / Charly TRIBALLEAU, CHARLY TRIBALLEAU/ President Hassan Rouhani sought support for the sanctions-hit Iranian economy during a visit to Japan Iranian President Hassan Rouhani wrapped up his two-day visit to Japan on Saturday as Tehran, under US sanctions pressure, sought economic support from Tokyo. Rouhani’s trip to Japan, the first by an Iranian

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Muslim nations consider gold, barter trade to beat sanctions

Iranian President Hassan Rouhani, Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Malaysia’s Prime Minister Mahathir Mohamad, Malaysia’s King Sultan Abdullah Sultan Ahmad Shah, Malaysia’s Queen Tunku Azizah Aminah Maimunah Iskandariah, Malaysia’s First Lady Siti Hasmah Mohamad Ali, Turkey’s First Lady Emine Erdogan and Turkey’s President Recep Tayyip Erdogan pose for a photograph during Kuala

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US delivers Humvees to Djibouti’s military as part of $31-million training effort

A shipment of 54 new Humvees arrived in Djibouti this week, as part of a $31 million train-and-equip partnership between the U.S. government and the Djiboutian military. The military vehicles will be delivered to the Djibouti armed forces for use by its new Rapid Intervention Battalion. By JOHN VANDIVER The U.S. delivered 54 new Humvees

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UK on track for January 31 Brexit as PM Johnson wins vote on deal

Britain’s Prime Minister Boris Johnson speaks during the debate on the Queen’s Speech in the House of Commons Chamber, in London, Britain December 19, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERS Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step toward fulfilling his election pledge to deliver Britain’s

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