October, 2016

• 24 October

  Seaborne oil trade grows 4.7% despite low oil prices

  

    Dubai / Emirates Business The eighth edition of the biennial Seatrade Maritime Middle East (SMME) exhibition and conference, which takes place in Dubai from October 31 to November 2, at the Dubai World Trade Centre, is organising a conference dedicated to the dynamic and rapidly growing tanker sector. Part of the Dubai Maritime Week, Seatrade Tanker Middle East, takes ...

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• 24 October

  Migrants stream out of ‘Calais Jungle’ before demolition

  

    Aleppo / AFP Migrants lugging meagre belongings boarded buses on Monday taking them away from Calais’ “Jungle” under a French plan to raze the notorious camp and symbol of Europe’s refugee crisis. “Bye bye, Jungle!” a group of migrants shouted as they hauled luggage through the muddy lanes of the shantytown where thousands from Africa and the Middle East had ...

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• 24 October

  Unofficial US-N Korea talks held in Malaysia

    Ankara / AFP A group of former US diplomats held closed door talks at the weekend with senior Pyongyang officials, even as international efforts gather pace to further isolate North Korea, diplomatically and economically. The two-day meeting in Kuala Lumpur, which was confirmed by the South Korean and US governments, was the latest in a series of unofficial talks commonly ...

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• 24 October

  5 French die in Malta plane crash

    Valletta / AFP A small passenger aircraft crashed on takeoff at Malta’s international airport on Monday, killing all five people onboard, officials said. In a statement, the airport said the aircraft, a Fairchild Metroliner turboprop, was involved in an accident “upon takeoff.” “We can confirm that the five crew on board are deceased,” it said, adding that the airport ...

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• 24 October

  US warns Duterte over rhetoric, crime war

  

    Manila / AFP Philippine President Rodrigo Duterte’s fiery rhetoric and deadly crime war are becoming a growing concern around the world, the top US envoy for Asia warned on Monday in Manila. US assistant secretary of state for East Asian and Pacific Affairs Daniel Russel met with the Philippines’ defence and foreign ministers on Monday, after Duterte last week ...

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• 24 October

  4 killed in India-Pak cross border firing

    Islamabad / AFP Two children and another civilian were killed along with a soldier in firing across the border between India and Pakistan, officials from both sides said on Monday, as tensions soar between the nuclear-armed rivals. Pakistan’s military said an 18-month-old girl and another civilian were killed on its side of the border in “unprovoked firing” by the ...

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• 24 October

  India police kill 21 Maoist militants in shoot-out

  

    New Delhi / AFP Indian police on Monday killed at least 21 rebels in a shoot-out in eastern India, a local officer said, one of the deadliest incidents this year in a long-running Maoist insurgency. Police said they ambushed a meeting of 30 to 40 Maoists in a forest near the border of Odisha and Andhra Pradesh states, triggering a ...

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• 24 October

  Level of CO2 in atmosphere hits new high, says UN

    Geneva / AFP The concentration of carbon dioxide (CO2) in the atmosphere averaged a record 400 parts per million in 2015, an ominous milestone for the planet’s health, the UN said on Monday. The greenhouse gas has previously passed the 400 ppm threshold on certain months in specific locations but never on an annual global basis, the United Nations World ...

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• 24 October

  Saudi shares bounce as investors hunt for bargains; Egypt dips

  

    DUBAI / Reuters Saudi Arabia’s stock market closed higher for a fourth straight session on Monday after last week’s mega international bond sale by the government boosted sentiment, but Egyptian shares dropped further as a chronic dollar shortage weighed on sentiment. Riyadh’s stock index rose 1.0 percent, taking its gains over the last four sessions to 6.2 percent. It ...

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• 24 October

  Eurozone equities advance on positive data

    London / AFP Eurozone stock markets marched higher Monday following bright economic data, showing business activity in October at a 10-month high. Frankfurt gained 0.8 percent in value and Paris won 0.7 percent. London meanwhile London erased earlier gains to trade virtually flat around midday compared with Friday’s closing level. “A positive swell of data has continued to boost ...

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