Singen / DPA Visit Alexander Fluegler at his house in Germany and you can’t help noticing one thing straight away — family and his Yenish ethnicity are vital to him. The walls of his home office are covered in photographs; Fluegler with his wife, Fluegler with his children, Fluegler with relatives, friends, elderly people, and young people. All beam ...
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Losing is main goal in this football slimming scheme
DPA Coach Christa Osman wraps a tape measure around the player’s considerable girth and pronounces: “Dave Jones, waist size 14 centimetres less than three months ago.” It’s part of the pre-match ritual in the English town of Colchester, about a two-hour drive north-east of London. Ten shorts-and-jersey-clad men, ranging in build from very stocky to heavily overweight, have gathered ...
Read More »Egypt urban inflation rises fastest in six years
Bloomberg Egypt’s urban consumer prices rose the fastest in at least six years in December, fueled in part by a 28.3 percent increase in food costs following the central bank’s decision to abandon currency controls two months ago. Annual urban inflation accelerated to 23.3 percent in December, while the monthly rate quickened to 3.1 percent, according to the state-run ...
Read More »Total pays $900 million to buy stake in Ugandan oil project
Bloomberg Total SA agreed to buy a stake in a project in Uganda from Tullow Oil Plc for $900 million as a recovery in crude prices accelerates the pace of deals in the energy industry. French oil major Total will acquire a controlling stake in the Lake Albert development, the companies said on Monday in separate statements. Total will ...
Read More »Oil tumbles most in five weeks amid Iraqi compliance concerns
Bloomberg Oil dropped the most in more than five weeks in New York amid concern about Iraqi compliance with OPEC production cuts. West Texas Intermediate futures fell 3.8 percent. Iraq’s oil exports from its southern ports in the Gulf reached a record high in December, Oil Minister Jabbar Al-Luaibi said in an e-mailed statement. Gulf oil producers Saudi Arabia, ...
Read More »Iraq plans record oil exports from Basra in Feb
Bloomberg Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month. The country’s State Oil Marketing Company (SOMO) plans to export 3.641 million barrels per day (bpd) of crude in February, according to trade sources and preliminary loading schedules ...
Read More »Blackstone deal for stake in asset owned by Energy Transfer collapses
Bloomberg Blackstone Group LP is no longer in talks to buy a $5 billion stake in assets owned by Energy Transfer Partners LP, people with knowledge of the matter said. The discussions fell through after the Wall Street Journal reported them last month, said one of the people, who asked not to identified because the information is private. The ...
Read More »India realty websites merge to create nation’s top home portal
Bloomberg Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back. REA Group Ltd., an Australian real-estate company controlled by News Corp., is putting $50 million into the new ...
Read More »China factory prices rise fastest in five years
Bloomberg China’s producer price index rose at the fastest pace in more than five years in December as the factory to the world swings from being a drag on global inflation to another potential force pushing prices higher. PPI jumped 5.5 percent last month from a year earlier, compared to the median estimate of 4.6 percent in a Bloomberg ...
Read More »Beijing pledges cuts in excess steel, coal production
BEIJING/ AP China’s top economic planner pledged on Tuesday to continue cutting steel and coal production that have been a source of trade friction with many countries. China reached targets for cuts in production capacity last year, Xu Shaoshi, chairman of the National Development and Reform Commission, said, adding that hundreds of thousands of steel and coal workers have ...
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