JOHANNESBURG, Sept 5( Reuters)-South Africa's biggest supermarket group Shoprite Holdings( SHPJ.J) reported a 9.6% rise in annual profit on Tuesday on the back of a double-digit sales growth across its food stores and the integration of 92 Massmart stores in the second half. Shoprite, which has more than 3, 300 stores, posted headline earnings per share from continuing operations of 1, 166.2 cents in the year ended July 2, from 1, 063.9 cents a year earlier. Amid a cost-of-living crisis the reta

By Emma Farge2 Min ReadGENEVA( Reuters)-Libyan delegates began four days of U.N.-facilitated talks on Monday aimed at creating the legal conditions for elections they hope will usher in a “ new era ” for the North African country. FILE PHOTO: A Libyan flag flutters atop the Libyan Consulate in Athens, Greece, December 6, 2019.... REUTERS/ Costas Baltas Around 75 representatives hope to agree during the talks in Geneva on the constitutional basis for presidential and parliamentary elections sche

LONDON, Sept 5( Reuters)-Vodafone( VOD.L) plans to work with Amazon's low Earth orbit satellite constellation Project Kuiper to extend the reach of its 4G and 5G telecoms networks in Europe and Africa. The British mobile operator said Project Kuiper's high-bandwidth, low-latency satellites would be used to connect mobile base stations in remote locations to its core networks, eliminating the need for fibre-based or fixed wireless links. Amazon( AMZN.O) is preparing to test two prototype satellit

Companies International Monetary Fund Follow MARRAKECH, Morocco, Oct 10( Reuters)-Sub-Saharan Africa's economic growth will shrink for a second year in a row in 2023 before rebounding in 2024, the International Monetary Fund( IMF) said on Tuesday in a report in which it cut its forecasts for economic expansion. Growth in the region is expected to fall to 3.3% this year from 4% last year, before rebounding to 4% in 2024, the IMF said in its World Economic Outlook report. That is slightly lower th

Bond yields move inversely to prices. Higher U.S. yields boosted the allure of the greenback, pushing the dollar index to 106.2, the highest since late November 2022.... We're just seeing that consistently strong data there." A rally in the dollar did further damage to the Japanese yen, which fell past the 149 per dollar mark for the first time since October 2022, hitting 149.19.... The dollar was last up 0.12% against the yen at 149.06. The yen is sliding towards the 150 level that analysts a

The African country alleges the deals were corrupt and have left it exposed to a potential liability of around$ 2 billion.In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings.... But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct.... 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters Peters....

LONDON, Nov 14( Reuters)-European stocks rose on Tuesday as global markets awaited U.S. inflation data later in the session, which could provide an indication of whether global interest rates start to fall.At 0940 GMT, the MSCI World Equity index was up 0.1% at 668.26(. MIWD00000PUS). Asian stocks edged higher overnight, with the MSCI's broadest index of Asia-Pacific shares outside Japan(. MIAPJ0000PUS) on course for a second straight day of gains. The pan-European STOXX 600 was up 0.3%(. STOXX)

The European Commission will issue a final decision, which is expected on Friday. Poland, Hungary and the Czech Republic were preparing to inoculate younger children following the European Medicines Agency’s approval, although deliveries of the lower doses are not due until Dec.... Authorities there ordered bars and clubs to close down at 10 p.m., banned Christmas markets and capped attendance at cultural and sports events at 1, 000 people. Slovakia’s two-week lockdown from Thursday followed ne

“ We have to cut this tree, get it out, and sell it so we can make a living.” The next day, his team spotted animal prints in the mud near the giant stump.... A leopard and a gorilla had been past. Gabon’s Forests Minister Lee White believes logging is part of the solution.... “ I don’t know how successful they’re going to be....