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JOHANNESBURG The new head of South Africa’s anti-graft unit, which this month alleged influence-peddling in President Jacob Zuma’s cabinet, has laid a complaint against her predecessor for leaking a recorded interview with the president, newspaper Sunday Times reported on Sunday. Former watchdog Thuli Madonsela has said she had the right to make public the audio recording after Zuma accused her of not giving him an opportunity to […]

By Edward Taylor and Jan Schwartz | FRANKFURT/HAMBURG FRANKFURT/HAMBURG Just as Porsche and Audi have fought for supremacy on the race track, the Volkswagen brands are now locked in a cut-throat battle to develop and manufacture the next generation of electric cars at a group embroiled in the “Dieselgate” scandal. Volkswagen Group denies that the kind of internal rivalry that it encouraged at the Le Mans 24 […]

Today we learn of yet another campus full of disaffected Hillary snowflakes who were triggered by a post-it note suggesting that they should stop whining about the election and just “suck it up, pussies.”  This latest example comes to us from Edgewood College in the ultra-liberal bastion of Madison, Wisconsin via Campus Reform. Apparently the simple post-it note was determined to be a “hate crime” by the […]

The crowd can’t get enough of Big Sean at Beats on the Beach. Navin Khianey for The National Yeng Constantino from the Philippines enthralls the crowd with both Engish and Tagalog songs at Beats on the Beach. Navin Khianey for The National Krept & Konan entertain the crowd with some old school rap at Beats on the Beach. Navin Khianey for The National Esther Eden opens the […]

DUBAI, June 10 (Reuters) – Qatar’s central bank plans to issue 4 billion riyals ($1.1 billion) worth of local currency government bonds next week, it said on Tuesday, including a new seven-year tranche to build a longer yield curve. The debt, to be auctioned on Sunday, will include 2.1 billion riyals worth of three-year conventional bonds and 950 million riyals each of five- and seven-year tranches, the […]

Israeli aircraft killed four Islamic State-linked gunmen on Sunday after they fired mortars and shot at troops patrolling along the occupied Golan Heights, the military said. Israel has often responded to errant fire from the Syrian civil war, but exchanges of fire with gunmen on the Golan have been rare since the fighting began more than five years ago. The militants fired at the Israeli soldiers, who […]

Indian online payment firm Paytm says it has added 8 million new users in the two weeks since the government announced the replacement of the country’s highest-denomination bank notes. In a bid to root out corruption, counterfeit money and tax evasion, Prime Minister Narendra Modi on Nov. 8 announced the replacement of notes worth 500 rupees ($7.30) and 1,000 rupees ($14.60). That move has resulted in a […]

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Here are the big questions we are asking at FT Markets into the week when the calendar flips over into December. Will Opec deliver a meaningful production cut? All eyes are on Vienna and Opec’s annual gathering with a keenly awaited decision on production levels. An Opec deal on Wednesday that delivers a concrete supply reduction of at least 1m barrels a day, with non-members such as […]

“We have lost everything, our infrastructure, and we have nothing left to lose,” he said. “Now it is a long war of attrition.” Photo A nonfunctioning cement factory in Amran, Yemen, that was bombed twice by the Saudi-led coalition. Credit Tyler Hicks/The New York Times The Houthis’ control of such key territory has made them essential to international efforts to end the conflict, leaving policy makers and […]

By Ian Simpson and Roberta Rampton | WASHINGTON/WEST PAlM BEACH, Fla. WASHINGTON/WEST PAlM BEACH, Fla. Democrat Hillary Clinton’s campaign will take part in a recount of Wisconsin votes in the U.S. presidential race, an effort Republican winner Donald Trump called “ridiculous” on Saturday. Wisconsin’s election board on Friday approved the recount requested by Green Party candidate Jill Stein. She has said she wants to guarantee the integrity […]

COLUMBUS, Ohio — Generations of Ohio State and Michigan fans will debate the latest episode of one of college football’s most impassioned rivalries, a 30-27 Ohio State victory in two overtimes on Saturday, the Buckeyes’ fifth straight win over the Wolverines. What if Michigan quarterback Wilton Speight — who generally played well, completing 23 of 36 passes for 219 yards and two touchdowns — had not fumbled […]

AMSTERDAM Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing concerns that production limits in the wake of the Paris climate accord could hit the energy giant’s valuation. In an interview with Dutch newspaper Het Financieele Dagblad, Ben van Beurden said the issue of “stranded” reserves – deposits in the ground that cannot be […]

DUBAI, June 10 (Reuters) – Qatar’s central bank plans to issue 4 billion riyals ($1.1 billion) worth of local currency government bonds next week, it said on Tuesday, including a new seven-year tranche to build a longer yield curve. The debt, to be auctioned on Sunday, will include 2.1 billion riyals worth of three-year conventional bonds and 950 million riyals each of five- and seven-year tranches, the […]

KUALA LUMPUR Malaysian Prime Minister Najib Razak said on Sunday that he will “not necessarily” call a snap election next year, amid talk that he would seek an early vote as splits in the opposition have hobbled efforts to oust him over a long-running financial scandal. The multi-ethnic Southeast Asian country is due to hold an election by August 2018, and a government official has told Reuters […]

The Irish prime minister has said it will be “impossible” to agree Brexit within two years, in the strongest rejection so far of the UK’s negotiating timetable by an EU leader. Enda Kenny, who is seen as one of Britain’s allies in the process, said “there’s a growing feeling in Europe that there should be a transition period, and that the transition period will be longer than […]

Hello Games has announced that a new update will be released for No Man’s Sky this week. As described on the game’s official site, the update will be called the “Foundation Update” because it will bring “the foundations of base building” and “is putting in place a foundation for things to come.” No additional details were revealed, but detailed patch notes will come on the game’s log […]

ASTANA Kazakhstan’s parliament called on Wednesday for the capital city to be renamed after President Nursultan Nazarbayev, a week ahead of a national holiday dedicated to the 76-year-old leader who has the power to accept or reject the proposal. The unanimous vote in favour of renaming Astana adds to the growing personality cult around Nazarbayev who has run the Central Asian country since 1989. Last week, Kazakhstan’s […]

By Marc Frank and Sarah Marsh | HAVANA HAVANA Fidel Castro’s death could give his younger brother, President Raul Castro, more space to pursue economic reforms, but change will also depend on whether U.S. President-elect Donald Trump decides to work with or challenge Cuba’s communist government. Raul Castro has introduced market-oriented reforms in recent years, but the pace of change has been slowed, many Cubans say, by […]

With violence escalating in Aleppo and elsewhere across war-ravaged Syria, the United Nations said Saturday that the number of children trapped in besieged areas had doubled in less than a year to half a million. A report by Unicef, the United Nations Children’s Fund, said the children were among hundreds of thousands of civilians in 16 areas under siege across the country who had been “almost completely […]

Every presidential election brings with it a renewed debate on taxes: should tax rates be increased or decreased (which in turn forces economists to break out their textbooks to brush up on their Laffer curve definitions)? Traditionally, the question eventually boils down to one thing: what should the tax treatment of the “rich” be: should the wealthy pay more or less in taxes? Why the particular focus […]

Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online. Internet sales rose in the double digits on both days, surpassing $3 billion for the first time on Black Friday, according to data released on Saturday. Data from analytics firm RetailNext showed net sales at brick-and-mortar stores […]

Pokémon GO fans will probably have a delightful Christmas as rumors point to a massive update happening in December. This could include the previously announced plan to allow card trading among players. What is even more awesome is how the new update could reportedly unleash more than 100 new normal and legendary Pokémon. More Than Just A Pokémon GO Rumor Certainly, the details of the December update can […]

Kuwaitis voted on Saturday in an election energised by the participation of opposition candidates for the first time since 2012 and focused on recent government austerity measures aimed at tackling the oil-rich nation’s deficit. The parliament of Western-allied Kuwait was due to run until July 2017, but the emir, Sheikh Sabah al-Ahmad al-Sabah, dissolved it in October, saying “security challenges” in the region – an apparent reference […]

As mourners carried the coffin of a slain Hezbollah commander, they moved quickly to wipe away blood still dripping from his body — it had been washed in haste as it was rushed from the battlefields of Aleppo to its final resting place in Lebanon. While Russian war planes and bombs have dominated headlines about outside intervention in Syria’s five-year conflict, thousands of those fighting on the […]

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