A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
Sales of previously owned homes in the United States picked up in October, industry data showed Thursday, fueling hopes that a slump in the sector may be ending. A key reason that home sales stalled in recent times is that homeowners have been reluctant to enter the market and sell their properties, as they had locked in lower mortgage rates previously.
South Sudan on Thursday rejected claims by a US-based watchdog that President Salva Kiir's family had built up a vast corporate empire in one of the world's poorest countries. South Sudan is one of the poorest countries on the planet and ranks 177 out of 180 countries on Transparency International's corruption perceptions index.
Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence. He also addressed gender-based violence after reports that 97 women have been murdered in the last three months alone.
South Africa's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.75 percent, adopting caution amid mixed data and global uncertainty. "I think 25 basis points is cautious, and the environment is uncertain, and it calls for caution," he said.
A French influencer fresh off a smash hit film documenting his ascent to Everest's peak is turning his sights to a new challenge: manga. -'Influence'- Benazzouz, a longtime manga fan, decided to take the plunge in February 2023 when he met Compain, a business engineer who dreamed of becoming a manga comic artist.
As it celebrates its 20th birthday, online video game "World of Warcraft" has demonstrated a rare longevity thanks to its loyal following and constant evolutions. Although it was not the first massively multiplayer online role-playing game (a genre known as MMORPG) when it was released in 2004, "World of Warcraft" was an instant success, quickly attracting several million players worldwide.
The Nigerian government's proposed Tax Reform Bill has been hailed as a game changer in wealth distribution and the execution of a consumption-based VAT system.
Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Dissanayake's National People's Power party had said it did not agree with the International Monetary Fund's debt assessment and would renegotiate the bailout programme.
Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday.
Economy
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