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June 26, 2017 10:39 AM Pakistan raises death toll to 157 from fuel truck fire

MULTAN, Pakistan (AP) — Pakistan's prime minister cut short a trip abroad to rush to the side of victims of a massive fuel tanker fire as authorities on Monday raised the death toll from the blaze to 157. The truck, carrying some 25,000 liters (6,600 gallons) of gasoline, was traveling from the southern port city of Karachi to Lahore, the Punjab provincial 1

June 26, 2017 10:21 AM Myanmar and Thailand torch $1 billion of seized drugs

Yangon - Myanmar and Thailand started torching nearly $1 billion worth of seized narcotics on Monday, a defiant show of force as law enforcement struggles to stem the rising flow of drugs in the region. The burnings, to mark world anti-drugs day, follow another year of record seizures of narcotics from the remote borderlands of Myanmar, Laos, southern 1

June 26, 2017 8:41 AM Pakistan PM visits victims as tanker blaze death toll rises to 157

The truck, carrying some 6,600 gallons (25,000 litres) of gasoline, was travelling from the southern port city of Karachi to Lahore, the Punjab provincial capital, when the driver lost control and crashed on a highway outside the town of Bahawalpur early on Sunday. Alerted by an announcement over a mosque loudspeaker that an overturned tanker was leaking 1

June 26, 2017 8:31 AM China gives Ghana $2bn to finance one-district, one-factory

Addressing journalists at the Kotoka International Airport yesterday on his arrival from an official visit to China, the Vice- President, Alhaji Dr Mahamadu Bawumia, said the amount formed part of a total commitment if $15 billion the People’s Republic of China and its private enterprises were contributing to Ghana’s economic transformation agenda. He said an additional 1

June 26, 2017 7:01 AM Russian billionaire’s company buys British Holland & Barrett

LetterOne (L1), which manages assets of Alfa Group of Mikhail Fridman and partners, have agreed to acquire a chain of healthy nutrition shops under the brand of Holland & Barrett for 1.8 billion pounds, Interfax reports on Monday. More than half of 1150 stores owned by the company are located in the territory of the United Kingdom. Apart from that, the chain 2

June 26, 2017 6:01 AM China to release remainder of CDB $3bn loan – Bawumia

Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3 billion China Development Bank (CDB) loan it withheld. Dr. Bawumia was addressing the press after arriving from a four-day official visit to China, where he disclosed that he “met with the Vice President of the China Development Bank and we were able to successfully 1

June 26, 2017 5:21 AM China landslide site evacuated over concerns of 2nd slide

BEIJING (AP) - Rescue crews were ordered on Monday to evacuate the site of a deadly landslide in southwestern China over concerns of a second landslide, the official Xinhua News Agency reported. The order was issued after radar detected shifts in the ground where the mountains collapsed early Saturday, Xinhua said. It wasn't clear if the rescue efforts 1

June 25, 2017 9:38 PM China sinks $15bn into Ghana’s economy

Vice President Dr. Mahamudu Bawumia has expressed optimism over a $15 billion funding partnership agreement and commitment reached between the Government of Ghana and China. The funding partnership with China, Dr. Bawumia explained, is not based on the traditional model of borrowing and aid. The new model, he noted, is based on the bargaining power of the country’s 3

June 25, 2017 6:29 PM Ghana secures $15 billion Chinese funding for transformation agenda

Accra, June 25, GNA- China has pledged some $15 billion dollars to fund Ghana’s government’s massive economic transformation agenda, with the likelihood that a further four billion dollars would be committed for various development projects across the country. The commitment by the Chinese is based on a financing module presented by the government of Ghana 3

June 25, 2017 4:18 PM South Africa's Sanlam sells stake in Ghana's Enterprise insurance business

South Africa's largest insurer Sanlam Ltd has sold its stake in Ghanaian holding company Enterprise Group's insurance business for $130 million but will retain a presence in the country, Sanlam said on Friday. Sanlam Emerging Markets (SEM), a subsidiary of the Sanlam Group, acquired the 40 percent stake in Enterprise Insurance in 2014. Sanlam Emerging 1