Juba / AFP South Sudan rebel leader Riek Machar’s highly-anticipated return to the capital Juba, to take up the role of vice president, was delayed on Monday, his spokesman said, citing “logistical reasons”. “We are committed to the peace agreement, but there have been logistical issues and the first vice president, Riek Machar, will come tomorrow,” spokesman William Ezekiel ...

  MILAN / REUTERS Italy has dubbed its new bank bailout fund Atlas, after the mythical Greek titan, because it is meant to hold up the sky above the nation’s lenders. But some of the fund’s own investors doubt that it can do the job. The 5-6 billion euro ($5.7-6.8 billion) fund was hailed by the government as an industry-led ...

  MADRID / REUTERS Spain’s Caixabank said on Monday it would launch a full takeover bid for the 56 percent of Portuguese lender Banco BPI that it does not already own for 1.113 euros ($1.26) per share. The offer was dependent on acceptance topping 50 percent and the Portuguese bank eliminating a 20 percent shareholder rights limitation, the Spanish bank ...