Porsche debuts on stock market with €75billion price tag

Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros (an equivalent of $72.45 billion) after Volkswagen priced shares at the top end of the range, braving turbulent market conditions. The bumper flotation, expected to generate around 19.5 billion euros (an equivalent of $19.0 billion),… Read More Porsche debuts on stock market with €75billion price tag

Mali says it will not respect ECOWAS sanctions on Guinea

Mali does not respect and will not apply sanctions imposed by West Africa’s main political and economic bloc on neighbouring Guinea in the wake of last year’s coup, Mali’s interim prime minister said on Wednesday. The 15-member Economic Community of West African States (ECOWAS) last week imposed sanctions on Guinea’s ruling junta for taking too… Read More Mali says it will not respect ECOWAS sanctions on Guinea

Hurricane Ian slinks across Florida after lashing Gulf Coast

A weakened but still formidable Hurricane Ian chugged across Florida toward the Atlantic seaboard on Thursday after thrashing the state’s Gulf Coast with fierce winds, torrential downpours and raging surf that flooded oceanside communities. Ian blasted ashore with catastrophic force on Wednesday afternoon as a Category 4 hurricane, packing maximum sustained winds of 150 miles… Read More Hurricane Ian slinks across Florida after lashing Gulf Coast

Myanmar court jails deposed leader Aung San Suu Kyi, Australian economist Sean Turnell for three years

A court in military-ruled Myanmar on Thursday sentenced deposed leader Aung San Suu Kyi and her former economic adviser, Australian Sean Turnell, to three years in prison, a source familiar with the proceedings said. Both had been charged with violating an official secrets act, which carries a maximum sentence of 14 years, and had pleaded… Read More Myanmar court jails deposed leader Aung San Suu Kyi, Australian economist Sean Turnell for three years

Pope Francis to visit Bahrain in November for international conference

Pope Francis will visit predominantly Muslim Bahrain Nov. 3-6 to attend an international conference, the Vatican announced on Wednesday. The Vatican said the pope would visit the Gulf island country off the Arabian peninsula to take part in the Bahrain Forum for Dialogue: East and West for Human Coexistence. In 2019, Francis visited Abu Dhabi… Read More Pope Francis to visit Bahrain in November for international conference

Shell set to acquire African solar company Daystar Power

Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday. Shell is one of the most influential oil producers in Africa, but the Daystar purchase is its first power acquisition on the continent, underscoring its mandate to cut its greenhouse gas… Read More Shell set to acquire African solar company Daystar Power

Kenyan lawyer Paul Gicheru found dead at home

A Kenyan lawyer charged at the International Criminal Court with bribing witnesses in the collapsed trial of President William Ruto six years ago has died, Kenyan media reported on Tuesday. Citizen Television and Standard Newspapers reported that Paul Gicheru had been found dead at his home in Nairobi’s Karen area, citing information from police. The… Read More Kenyan lawyer Paul Gicheru found dead at home

Eleven soldiers dead, dozens of civilians missing following attack on convoy in northern Burkina Faso

Eleven soldiers have been found dead and about 50 civilians are missing after an attack by Islamist militants on a 150-vehicle convoy taking supplies to a town in northern Burkina Faso on Monday, the government said on Tuesday. Twenty-eight people were wounded in the attack, including 20 soldiers, said the statement by government spokesman Lionel… Read More Eleven soldiers dead, dozens of civilians missing following attack on convoy in northern Burkina Faso