The EU is planning a “radical shake-up” of corporate merger guidelines, as it seeks to build global champions capable of competing with US and Chinese firms, the Financial Times reported. The new draft guidelines — which would relax rules by asking regulators to weigh “innovation” in addition to consumer welfare ...
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War sends Africa debt costs spiralingWar sends Africa debt costs spiraling
The Iran war is raising debt costs for African countries, sparking warnings that some economies could default as interest rates soar. Several nations on the continent are only just recovering from a post-pandemic shock that sent debt burdens soaring, and inflationary pressures set off by the war in the Middle ...
US oil producers open to ideas for more production, Burgum saysUS oil producers open to ideas for more production, Burgum says
The News US Interior Secretary Doug Burgum on Thursday said US oil and gas companies are open to some ideas, on a temporary basis, to help cut red tape and ultimately produce more oil. Speaking at Semafor World Economy in Washington, DC, Burgum disclosed that he and Energy Secretary Chris ...
Aliko Dangote says rising oil prices are threatening to devastate African airlines and farmersAliko Dangote says rising oil prices are threatening to devastate African airlines and farmers
The News Africa’s richest man Aliko Dangote said on Thursday that rising oil prices driven by the Strait of Hormuz blockade are threatening to devastate African airlines and farmers. “The majority of African airlines won’t be able to survive” the current surge in fuel prices, Dangote warned, noting that Nigerian ...
Beckhams have ‘always tried to be best parents’, Victoria says after Brooklyn rowBeckhams have ‘always tried to be best parents’, Victoria says after Brooklyn row
Victoria says she and David have always tried to “protect” their children, following a rift with their son. ...
Churchwarden jailed for murdering pensioner has conviction quashedChurchwarden jailed for murdering pensioner has conviction quashed
Benjamin Field has been in prison for the murder of Peter Farquhar, 69. ...
Andrew invited to relinquish Freedom of CityAndrew invited to relinquish Freedom of City
Andrew Mountbatten-Windsor received the historic honour in 2012 “by virtue of patrimony”. ...
UK seeks closer EU ties in volatile times – but at what cost?UK seeks closer EU ties in volatile times – but at what cost?
The UK is adopting a “ruthlessly pragmatic” approach to becoming closer to its European neighbours, the UK’s EU minister tells the BBC. ...
Top Foreign Office official to leave post after Mandelson vetting rowTop Foreign Office official to leave post after Mandelson vetting row
It comes after it emerged the peer failed security vetting but the Foreign Office still allowed him to take up the post. ...
Israel and Lebanon agree 10-day ceasefire, Trump saysIsrael and Lebanon agree 10-day ceasefire, Trump says
The US president invites the two countries’ leaders to Washington as Israel’s prime minister insists troops will not leave southern Lebanon. ...