Egypt’s annual urban consumer price inflation rate decreased to 7.5 per cent in August from 8.7 per cent in July, the official statistics agency CAMPAS said on Tuesday. Egypt is approaching the end of an IMF-backed economic reform programme that during 2017 saw the annual inflation rate rise to 33 per cent. The country hiked […]

Several more migrants have been taken from the rescue vessel Open Arms for medical reasons to the Italian island of Lampedusa, the Spanish charity which operates the boat said Friday. Three people who suffered “medical complications which require specialised care” and an escort were brought ashore late on Thursday, Proactiva Open Arms, which is waiting […]

More than a dozen workers remained missing Friday after a landslide in southwest China buried a section of railway that was under repair, according to state media. The 17 missing people were carrying out maintenance work on the track Wednesday when the hill above them gave way, China Daily reported. The landslide in Ganluo county […]

The Central Bank of Nigeria is on Wednesday billed to auction N34bn worth of Treasury bills, 14, roll over existing Federal Government T-bill maturities. Analysts at Zedcrest Capital Limited said upon resumption from the Salah break, despite the small volume of T-bills on offer, they expected stop rates to clear above their previous level due […]

British Airways was forced to cancel some flights to and from London on Wednesday after it suffered “a systems issue”. Reports suggested dozens of flights in and out of Heathrow — Britain’s busiest airport — had been cancelled, grounding around 15,000 passengers. BA declined to confirm how many services had been cancelled. “We are working […]

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