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Rosneft plans higher dividend as Russia seeks more funds

  Bloomberg Rosneft OJSC, Russia’s largest oil producer, plans to increase its dividend as the government seeks more funds from state corporations to bolster public finances. The company board has recommended increasing the payout to shareholders to 35 percent of its 2015 profit, or 11.75 rubles a share. The dividend would amount to 124.5 billion rubles ($1.87 billion) and represents ...

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Artist JMW Turner to appear on England’s new £20 currency note

  Margate / AFP The artist J M W Turner will appear on the new £20 note, Bank of England governor Mark Carney announced. The new design will include Joseph Mallord William Turner’s self-portrait and his 1838 oil painting “The Fighting Temeraire”. “Turner is perhaps the single most influential British artist of all time,” Carney said. “His work was transformative, ...

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Trade deal foes plan major German rally on eve of Obama visit

  Hanover / AFP Opponents of a proposed transatlantic trade deal hope to draw tens of thousands onto German streets Saturday, on the eve of a visit by US President Barack Obama. Obama’s trip — to open an industrial technology fair in the northern city of Hanover and hold talks with Chancellor Angela Merkel and other European leaders — was intended ...

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Donald Trump’s cries of ‘rigged’ system shifts blame for his losses

  HARRINGTON / AP Top aides spent the week gingerly courting Republican insiders at a seaside resort in Florida, but front-runner Donald Trump was busy railing against them. While it may seem counterproductive, Trump’s foot-stomping has served as a rallying cry to boost voter turnout and allowed him to continue to appeal to voters who feel disenfranchised. The “rigged” system ...

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12 arrested as French police, protesters clash

  PARIS / AP Overnight clashes between French police and about 100 people have led to 12 arrests in eastern Paris. The Paris police said the clashes took place from Friday night to early Saturday around the Place de la Republique on the sidelines of the “Night Rising” protest movement. A police car was set on fire and projectiles were ...

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Seoul: North Korea ‘fire submarine-launched missile’

  SEOUL / AP South Korea says North Korea has fired what appeared to be a ballistic missile from a submarine off its northeast coast. Seoul’s Defense Ministry couldn’t immediately confirm where the projectile landed after Saturday’s launch. North Korea has fired a slew of missiles and artillery shells into the sea in an apparent protest against ongoing annual military ...

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At London youth event, Obama pushes diplomacy over force

  LONDON / AP President Barack Obama on Saturday urged the next generation of British leaders to give serious thought to how they solve problems, turning a light-hearted question about priorities for his successor into a treatise on his preference for diplomacy over military conflict. Obama said keeping US citizens safe is his top priority and he suggested that it ...

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Separate US shootings in two states leave 13 dead

  Washington / AFP Eight members of one family, including a teenager, were shot dead in rural Ohio, just before gunmen killed five people in Georgia. In Ohio, seven bodies were found at three houses close to eachother and an eighth was later found at a separate site, Sheriff Charles Reader told reporters. The victims were “all adults except for ...

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S Sudan rebel chief to miss int’l deadline to return

  Juba/ AFP South Sudan rebel chief Riek Machar eas expected to miss an international deadline on Saturday to return to the capital to take up the post of vice president, the government said, with his arrival now expected next week. UN chief Ban Ki-moon has urged Machar to return to Juba “without delay”, while the US, Britain and Norway—key ...

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