Mogadishu / AFP Somalia’s Shebab insurgents said they carried out a suicide attack at a hotel in the central town of Galkayo on Thursday in which six people died, including a senior local government official. “There was a blast, a suicide bomber blew himself up killing several people including a senior official,” said police officer Abdiweli Adan. Witnesses said there …

Singapore/ Bloomberg China’s three biggest airlines reported soaring net profits in 2015 despite the country’s worst economic growth in a quarter of a century, as more Chinese travelled abroad. Cheaper jet fuel helped the bottom line, but losses from foreign exchange hurt as China’s yuan currency slid against the dollar, they said. “With the slowdown in world economic growth, and …

Frankfurt / AFP German retail sales, a closely watched measure of household confidence, declined in February, as consumer morale in Europe’s top economy feels the heat from global economic risks, official data showed on Thursday. Retailers’ sales fell by 0.4 percent in February compared with January, the federal statistics office Destatis said in a statement. The previous month, retail sales …