Christie’s and Sotheby’s, the two biggest names in fine art auctions, each face being fined at least 10-million euros by the European Commission for fixing their fees during the 1990s, the Financial Times reported on Friday.
Israeli nerves were back on edge on Thursday after a twin suicide blast in the heart of their biggest city wiped out growing hopes of a return to something like normal life.
Zimbabwe’s land reform programme has caused a 90% drop in production in large-scale commercial farming since the 1990s, UN food organisations said in a report released on Thursday.
The South African government has refused to support a lawsuit against foreign multinationals and banks which allegedly propped up apartheid because it fears deterring investors.
In a new assessment of China’s military power, the Pentagon on Friday told Congress it sees a disturbing emphasis on modernisation moves that threaten Taiwan, say US defence officials.
A senior presidential aide said Nigeria will not completely sell off its seaports but will allow private operators to manage them for efficiency and profitability.
Zambian President Levy Mwanawasa said Anglo American had offered his government -million to offset its withdrawal from troubled Konkola Copper Mines (KCM).
South Africa’s President Thabo Mbeki opened a fresh round of Democratic Republic of Congo (DRC) peace talks in Pretoria on Friday, urging delegates to be ready to compromise.
A court in Zimbabwe has ordered the government not to destroy or tamper with ballot papers used in a disputed poll which returned President Robert Mugabe to power in March this year.
Full-scale talks on the future of the Democratic Republic of Congo (DRC) resume in Pretoria on Monday, but behind-the-scenes negotiators have failed to resolve deep divisions between the government and rebels on power-sharing.