World number two miner Rio Tinto is exiting the world’s largest mining project, by selling its stake in Guinea’s Simandou iron ore to partner Chinalco, potentially opening up a new path to development for the $20 billion project.
The Democratic Republic of Congo is not a failed state—for everyone. It is a failure for the vast majority of Congolese who suffer from abysmal security, health care, and education services.
Troubled hedge fund manager Platinum Partners was ordered by a U.S. bankruptcy judge to temporarily freeze approximately $118 million after a lawsuit Wednesday accused it of illegally stripping key assets from a now-collapsed energy company.
David H. Brooks, the founder of America’s leading supplier of body armor to the U.S. military, died in prison while serving a 17-year sentence for running a massive stock fraud scheme.
Four Israeli families that ordered guest rooms in the Black Forest for a family vacation received messages a week later that they are unwanted and they need to cancel the booking without being charged.
The U.S. State Department updated its travel warning on Turkey on Saturday, ordering family members of consulate employees in Istanbul to leave the country, citing threats against U.S. citizens.