Africa News Headlines
Oil stocks face crucial earnings test as investors venture back in
LONDON (Reuters) - Formerly skeptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices.
UPDATE 3-Barclays chief Staley survives whistleblowing inquiry with fines
LONDON, April 20 (Reuters) - Barclays said Jes Staley will be fined by British regulators for attempting to unmask a whistleblower, but will be able to keep his job as the bank's chief executive.
Burundi replaces foreign minister with ex-head of ruling party youth wing
NAIROBI (Reuters) - Burundi's President Pierre Nkurunziza replaced his foreign minister with the former head of the ruling party's youth wing less than a month before a constitutional referendum that could keep him in power until 2034.
EMERGING MARKETS-Tech tumble, climbing U.S. yields knock emerging markets
LONDON, April 20 (Reuters) - Emerging markets ended the week on a sour note with tech stocks taking a tumble following a warning over smartphone demand while steadily climbing U.S. yields and a stronger dollar weighed on currencies.
FEATURE-As drought saps hydropower, steam may keep Kenya boiling along
NAIROBI, April 20 (Thomson Reuters Foundation) - In February, Kenyans awoke to news that has become an annual ritual: Authorities were considering temporarily shutting down hydropower dams, the country’s largest source of electricity.
South Sudan's army chief General James Ajongo has died: government spokesman
JUBA (Reuters) - South Sudan's army chief General James Ajongo died in Cairo on Friday following a short illness, government spokesman Michael Makuei Lueth said.
British regulators to fine Barclays CEO, monitor whistleblowing program
LONDON (Reuters) - British regulators have concluded efforts of Barclays
chief executive Jes Staley to unmask a whistleblower at the bank represented a breach of individual conduct and proposed he pay an undisclosed fine, the bank said on Friday.
RPT-Trouble in the family: UK's migrant embarrassment undermines Commonwealth reunion
LONDON, April 19 (Reuters) - As it prepares to leave the European Union, Britain's attempts to revitalize links with former colonies at a lavish summit in London have been overshadowed by outrage over Prime Minister Theresa May's treatment of Commonwealth migrants.
Cow may be biggest mammal if humans keep up extinctions: study
OSLO (Reuters) - The spread of humans around the world from Africa thousands of years ago wiped out big mammals in a shrinking trend that could make the cow the biggest mammal on Earth in a few centuries' time, a scientific study said on Thursday.
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