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Chinese Icebreaker Stuck After Helping In Antarctic Rescue

A Chinese icebreaker that helped rescue 52 passengers from a Russian ship stranded in Antarctic ice found itself stuck in heavy ice on Friday, further complicating the 9-day "roller-coaster" rescue operation. The Snow Dragon had ferried the passengers from the...

Manmohan Singh Rules Out Another Term As India PM

Indian Prime Minister Manmohan Singh on Friday ruled out serving another term after an election due by May and threw his support behind Nehru-Gandhi dynasty scion Rahul Gandhi to lead the country if their party wins the vote. Singh, 81,...

Asia Shares Roiled By Risk Aversion; Yen Rallies

Asian share markets were under water on Friday after a sudden reversal in some very popular, and thus crowded, trades sparked a bout of global risk aversion. The net result was a pullback in the euro, sterling, and stocks and...

Hyundai Motor Says U.S. Sales Rose 6 Percent In December

Hyundai Motor (005380.KS) said on Friday that its U.S. sales climbed 6 percent to 63,005 vehicles in December from a year earlier, bringing its 2013 U.S. sales to a record high of 720,783 vehicles driven by the Elantra compact...

Analysis: A New Hope Or False Dawn For Mexico’s Oil Refiners?

Mexico's oil refining industry, saddled for years with bloated costs, chronic underinvestment and generous government fuel subsidies, ought to be on the verge of a bright new dawn. A shake-up last month dismantled the state-run Pemex oil and gas monopoly,...

Marchionne’s Fiat-Chrysler Coup The Beginning, Not The End

Fiat's (FIA.MI) deal to take full control of Chrysler on better-than-expected terms has cemented CEO Sergio Marchionne's dealmaking reputation, but he might run out of road to channel that drive into operational success for the business. The toll taken by...

OPINION: NIGERIANS YAWN OVER MISSING BILLIONS

On December 9 and 10, several websites and newspapers published a startling letter that Governor Sanusi Lamido Sanusi of the Central Bank of Nigeria (CBN) had written to President Goodluck Jonathan. In the letter, Mr. Sanusi alerted the president...

Mikel Inspires Chelsea Again

New Year’s Day always provides a complete programme of fixtures in the Barclays English Premier League (BPL) in England. Nigerians usually have a say in matters decided on the pitch in the most exciting football league in the world and...

Cesc Bullish On Messi’s Return

Lionel Messi will be "like a bull" when he returns after almost two months out with a thigh injury, his Barcelona teammate Cesc Fabregas predicted ahead of Sunday's La Liga match at home to Elche. Messi flew back to the...

Transfer Window Now Open

The transfer market has officially opened for South African clubs but in practice, no new signings can be affected until the Premier Soccer League reopens for business on Monday, January 6. With all Premier Soccer League teams due to return...

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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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