LONDON, (MILLAT+APP/AFP) – Europe’s main stock markets traded mixed in opening deals on Wednesday, with London’s benchmark FTSE 100 index up almost 0.2 percent to 6,802.84 points. In the eurozone, Frankfurt’s DAX 30 dipped nearly 0.1 percent to 10,726.34 points and the Paris CAC 40 advanced 0.2 percent to 4,545.89 compared with Tuesday’s finish.
International News
European stocks diverge at open
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Oil rebels claim attacks on Nigerian pipelines
LAGOS, (MILLAT+APP/AFP): The Niger Delta Avengers militant group said it has bombed three oil pipelines in southern Nigeria, an attack it said would lead to a production loss of 300,000 barrels per day in the OPEC-member nation. Attacks on pipelines by several militant groups have slashed Nigeria’s oil production helping to tip the country into […]
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De Kooning painting sold for record $66.3 million
NEW YORK, (MILLAT+APP/AFP): Willem de Kooning’s “Untitled XXV” was sold late Tuesday at Christie’s in New York for $66.3 million, a record for a work by the abstract artist and for post-war contemporary art. The imposing work, which measures 7 by 6.5 feet (2 x 2.2 meters), was painted by the Dutch-American artist in 1977 […]
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Russian economy minister sacked, held over ‘$2mn-bribe’ charges
MOSCOW, (MILLAT+APP/AFP) – Russian Economy Minister Alexei Ulyukayev was sacked Tuesday and put under house arrest on suspicion of pocketing a two-million-dollar bribe in a deal involving state-controlled oil giant Rosneft. Ulyukayev is the highest ranking official detained over suspected corruption since President Vladimir Putin took power in 2000, and his arrest unleashed speculation as […]
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S. Korea prosecutors quiz former vice sports minister
SEOUL, (MILLAT+APP/AFP) – South Korean prosecutors questioned a former vice sports minister on Wednesday as their probe into the corruption scandal engulfing President Park Geun-Hye spreads to preparations for the 2018 Winter Olympics. Park is under pressure over her shadowy confidant Choi Soon-Sil, who is accused of using her personal ties with the president to […]
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Poroshenko appeals to Trump for support in phone call
KIEV, (MILLAT+APP/AFP) – Ukranian president Petro Poroshenko asked Donald Trump for support against “Russian aggression” during a congratulatory telephone conversation with the US president-elect on Tuesday. Trump’s shock election victory has been met with trepidation in Kiev because of the outspoken reality TV star’s praise of Russian President Vladimir Putin, and his apparent indifference to […]