Bloomberg US consumers spent at a solid pace in July while the key PCE index of inflation slowed, the Commerce Department reported on Monday. Consumer spending rose by 0.3 percent from June, with the gain underpinned mainly by automobile purchases while spending on non-durable goods and services declined. That followed an 0.4 percent gain in June, suggesting the consumer ...

  AFP The start this week of the first regularly scheduled commercial flights from the United States augurs the likely demise of Cuba’s “mules” — suppliers of last resort for scarce consumer goods on the island. For more than half a century, commercial air travel between Cuba and the United States was all but non-existent, a victim of frosty Cold ...

  Beirut / AFP An IS group militant rammed his explosives-laden car into an army recruitment centre in Aden on Monday, killing 60 people in the deadliest extremist attack to hit the city in over a year. Yemen’s army, supported by a Saudi-led coalition, is training young recruits to join its nationwide war against Shiite Houthi rebels and their allies, as ...