High prices are luring Africans into prospecting for gold. But huge volumes are smuggled out through the Middle East, a Reuters analysis has found.
Business & Financial News, U.S & International Breaking News
Microsoft profit, revenue beat estimates on cloud growth
Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by adoption of its Azure cloud computing service and the subscription version of its Office software.
Wall Street edges lower, energy stocks fall
The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.
Occidental offers $38 billion for Anadarko, topping Chevron
Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion for Anadarko Petroleum Corp, a bid that topped a $33 billion offer by Chevron Corp.
Iran's Zarif warns U.S. of 'consequences' over oil sanctions, offer prisoner swap
The United States must be prepared for consequences if it tries to stop Iran from selling oil and using the Strait of Hormuz, Iran's Foreign Minister Mohammad Javad Zarif warned on Wednesday, while also offering to negotiate prisoner swaps with Washington.
NRA sues Los Angeles over law requiring disclosure of ties to gun rights group
The National Rifle Association sued Los Angeles on Wednesday over a new law requiring that contractors disclose their ties to the gun rights group as a condition of obtaining business from the second most-populous U.S. city.
Scaffolding firm says workers smoked at Paris' Notre-Dame
A scaffolding firm that has worked on the roof of Notre-Dame said some of its workers had smoked on the site, but ruled out that a cigarette butt might have started the fire that destroyed the cathedral's oak-framed roof last week.
Exp: Apr 19
Exp: Apr 19
Exp: May 19
Tyson Foods Inc said on Wednesday it had sold its 6.5 percent stake in vegan burger maker Beyond Meat, as the no. 1 U.S. meat processor looks to develop its own line of alternative protein products.
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