Tripoli / AFP Libya’s UN-backed unity government lost control on Monday of a third oil port seized by rival forces, raising fears of a major outbreak of fresh violence in the chaos-ridden country. The loss comes after fighters backing a rival administration in east Libya seized two other terminals from guards loyal to the Tripoli-based Government of National Accord (GNA) …

  AFP Stock markets struggled on Tuesday as investors contemplated the US interest rate outlook and oil prices slumped on a gloomy outlook for crude demand. Frankfurt, London and Paris had opened brightly, after a leading US Federal Reserve official tempered comments from her colleagues on the need for an early US interest rate hike. But the gains faded away …

  AFP Shares in South Korean giant Samsung Electronics rallied on Tuesday, recovering almost half the losses from a two-day collapse linked to its troubled smartphone, as traders welcomed news it had sold its printer unit for $1.05 billion to US firm HP. The company plunged more than 10 percent on Friday and Monday after it urged global consumers to …