Section: Business Insider (USA)
It looks like SABMiller will reject the £68 billion beer merger that would bring Peroni, Budweiser, and Corona under one roof
SABMiller has hinted that it wil rejected a third takeover offer from US rival ABInBev that values the beer maker at £68 billion ($103.9 billion). Brewing giant ABInBev went public with a takeover offer for London-listed rival SABMiller on Wednesday, revealing it’s already had two bids knocked back by management. ABInBev set out...
AP INVESTIGATION: Nuclear smugglers sought terrorist buyers
CHISINAU, Moldova (AP) — Over the pulsating beat at an exclusive nightclub, the arms smuggler made his pitch to a client: 2.5 million euros for enough radioactive cesium to contaminate several city blocks.It was earlier this year, and the two men were plotting their deal at an unlikely spot: the terrace of Cocos Prive, a dance club and sushi bar...
Ukraine rebels delay local elections until 2016
Donetsk (Ukraine) (AFP) – Ukraine’s pro-Russian insurgents took a major step toward political reconciliation Tuesday by announcing they will push back disputed local elections into next year in line with Western demands.The announcement was immediately welcomed by Kiev’s pro-EU leadership and the Kremlin — a rare case of...
IMF cuts world growth forecast
Lima (AFP) – The IMF on Tuesday cut its growth forecast for the world economy for 2015 and 2016, warning of growing risks from the slowdown in China and other emerging markets.The global economy will expand just 3.1 percent this year and 3.6 percent next year, the IMF predicted, revising down its previous forecasts by 0.2 percentage points...
NATO head says Russia’s Turkey air violations ‘not an accident’
Brussels (AFP) – NATO Secretary General Jens Stoltenberg said Tuesday that Russian violations of Turkish airspace were “not an accident” after Turkey complained of two incursions by Moscow’s jets.”For us, this does not look like an accident, it is a serious violation,” Stoltenberg told reporters at NATO...
Angela Merkel is the favourite to win the Nobel Peace Prize
German Chancellor Angela Merkel is tipped to win this year’s Nobel Peace Prize for her leadership on the refugee crisis in Europe. Pope Francis was the bookies’ favourite until recently to pick up the prestigious prize, but odds have shifted over the weekend after a Merkel was named as the favourite by a key prize predictor. Kristian...
Jordanian MP says son joined IS, carried out suicide attack
AMMAN, Jordan (AP) — A Jordanian parliament member says his son carried out a suicide bombing in Iraq just three months after the family failed to prevent him from joining the Islamic State extremist group.Jordan is part of an international military coalition against IS, but the group has some grassroots support in the country.Parliamentarian...
Ukraine warring sides announce start of small arms withdrawal
Kiev (AFP) – Warring sides in Ukraine on Saturday announced the start of smaller weapons withdrawal from a buffer zone as the West admitted that securing long-lasting peace would take longer than expected.After key talks with Russian President Vladimir Putin in Paris on Friday, French President Francois Hollande said the implementation of a...
Smaller-weapons pullback begins in Ukraine
SCHASTYE, Ukraine (AP) — Separatist rebels and Ukrainian forces have begun pulling back smaller-caliber weapons from the front line, a step toward de-escalating a war that has killed more than 8,000 people.Under an agreement reached week, tanks, artillery pieces and mortars with a caliber of less than 120 millimeters are to be pulled back at...
Germany marks 25 years of unity, facing new challenges
BERLIN (AP) — Germany marks a quarter-century as a reunited nation on Saturday, with two leaders from the formerly communist east heading a country that increasingly asserts itself as Europe’s political heavyweight — and now faces a new challenge in a refugee influx that will demand deep reserves of resourcefulness and patience.West and...
