Coca-Cola in agreement with South Africa government on acquisition of local arm

Drinks giant Coca-Cola (KO.N) said on Thursday it had reached an agreement with the South African government on a package of conditions as it finalizes the purchase of a controlling 54.5 percent stake in its joint Africa venture with ABInBev. New York-listed Coca-Cola said in a statement it would abide by merger conditions agreed with… Read More Coca-Cola in agreement with South Africa government on acquisition of local arm

$1billion injected into dying transportation system as New York governor struggles to revive it

New York Governor Andrew Cuomo on Thursday announced an extra $1 billion to repair the state’s “decaying” public transportation system and loosened environmental regulations and other laws to help speed up the work. Under its current capital program, the state’s Metropolitan Transportation Authority is spending $32.5 billion between 2015 and 2019 to upgrade aging transit… Read More $1billion injected into dying transportation system as New York governor struggles to revive it

U.S. President Donald Trump assails female TV host on Twitter

U.S. President Donald Trump assailed a woman TV news host in highly personal terms on Thursday, calling her “crazy” and alleging she had been bleeding at one point from a facelift, in a Twitter attack that drew strong criticism, including from fellow Republicans. I heard poorly rated @Morning_Joe speaks badly of me (don't watch anymore).… Read More U.S. President Donald Trump assails female TV host on Twitter

U.S. impose sanctions on Chinese citizens, company as they plan to press China on North Korea at G20 summit

The United States on Thursday imposed sanctions on two Chinese citizens and a shipping company for helping North Korea’s nuclear and missile programs and accused a Chinese bank of laundering money for Pyongyang. Treasury Secretary Steve Mnuchin said at a press conference that the actions were designed to cut off funds that North Korea uses… Read More U.S. impose sanctions on Chinese citizens, company as they plan to press China on North Korea at G20 summit

Islamic State declared defeated by Iraq forces after capture of Mosul mosque

After eight months of grinding urban warfare, Iraqi government troops on Thursday captured the ruined mosque at the heart of Islamic State’s de facto capital Mosul, and the prime minister declared the group’s self-styled caliphate at an end. Iraqi authorities expect the long battle for Mosul to end in coming days as remaining Islamic State… Read More Islamic State declared defeated by Iraq forces after capture of Mosul mosque

Philippine military retrieve beheaded civilians in Marawi

Five decapitated civilians were found in a Philippine city occupied by Islamist rebels on Wednesday, the military said, warning the number of residents killed by rebel “atrocities” could rise sharply as troops retake more ground. The discovery of the five victims among 17 bodies retrieved would be the first evidence that civilians trapped in besieged… Read More Philippine military retrieve beheaded civilians in Marawi