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Beijing overtakes New York as new ‘billionaire capital’

By BBC Beijing has overtaken New York as the city with the highest number of billionaires for the first time, a new report by China-based...

China increasingly reduces dependency on coal power energy

By Eric Biegon in Inner Mongolia, China China is increasingly reducing its dependency on coal power energy, instead, growing its renewable energy sources. Construction of...

Snap shares plunge 14% as losses mount

Snap shares plunged 14% on Thursday after the social media firm reported more than $400m (£310m) in quarterly losses and fewer than expected users. The...

Standoff between Burundi, EU delays signing of EPA

A standoff between Burundi and the European Union (EU) over political sanctions is set to further delay the signing and ratification of the Economic...

Dollar hits seven-month high, stocks set for weekly rise

By Reuters. Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since March,...

WTO takes over running of KICC Thursday

By O'Brien Kimani Kenya will officially hand over the running of the Kenyatta International Convention Center to the World Trade Organization on Thursday. Tourism Cabinet Secretary...

Fuel test fears hit Mitsubishi shares

By BBC Shares in Mitsubishi Motors have fallen more than 15% after the Japanese car maker said an unspecified number of its cars had failed...

As Samsung’s profit surges, some investors worry about peaking growth

By Reuters Even as Samsung Electronics Co Ltd (005930.KS) is poised to deliver a surge in earnings to an all-time high this year, some investors...

Audi manager arrested in emissions probe

By BBC German authorities have arrested an Audi manager in connection with the VW diesel scandal. This is the first arrest in Germany related to Volkswagen's...

BA owner IAG’s profits hit by weak pound

By BBC Airline group IAG, which owns British Airways and Iberia, has reported a rise in profits despite being affected by last year's fall in...
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