SOUTH AFRICA

U.S. urges emerging powers to open markets

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Big emerging countries like China, India, Brazil and South Africa must do more to open their markets to secure a new global trade deal, the U.S. trade chief said on Wednesday.
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Somali pirates hijack 2 ships, NATO scuppers attack

Somali pirates hijacked a Greek and a Ukrainian ship on Saturday and a NATO warship briefly detained 19 pirates armed with high explosives after foiling an attack on a Norwegian tanker in the Gulf of Aden.
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South Africa hails ANC poll lead, pressure on Zuma

South Africa's ruling ANC celebrated a commanding lead in an election that will install Jacob Zuma as president and put him under immediate pressure to deal with a faltering economy and improve the lives of the poor.
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ANC takes strong lead in South African election

South Africa's ruling ANC headed for election victory on Thursday despite a reinvigorated opposition challenge and party leader Jacob Zuma was easily on course to become president weeks after beating graft charges.
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South Africans vote in toughest test for ANC

South Africans voted on Wednesday in an election that poses the toughest challenge to the African National Congress since the end of apartheid and could weaken its overwhelming dominance in parliament.
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South Africa's Zuma calls for big poll turnout

South Africa's ruling ANC leader Jacob Zuma called for a massive turnout at an election on Wednesday to give his ruling party a decisive mandate in its toughest test since the end of apartheid.
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Penguin signs China e-book deal as sales rise in U.S.

Penguin Group has become the first international publisher to sign an English electronic book distribution deal in China after seeing significant growth in the United States, the head of the group said on Tuesday.
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Parmalat shares may rise as headlines fade: report

Parmalat SpA , best known to many U.S. investors for its 2003 bankruptcy and accounting scandal, may benefit as the market again focuses on its boring but steady dairy business, Barron's said Sunday.
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Washington, Brussels urged to join U.N. racism meet

Human rights groups said on Friday the United States and the European Union should take part in next week's U.N. conference on racism now that diplomats have removed the most contentious sections of the conference declaration.
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Text for U.N. racism meeting approved

Diplomats reached agreement on Friday on a declaration for next week's politically charged United Nations conference on racism, adding to the pressure on Washington and Brussels to decide whether to attend.
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Corporate results support stocks but outlook hazy

Asian stocks rose on Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with Asian shares outside Japan on track for a sixth week of gains.
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SABMiller beer volumes dip as slowdown bites

Brewing giant SABMiller sold less beer than expected in the first three months of 2009 as economic conditions worsened and demand fell in most of its markets, sending its shares lower in early trade.
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Israel will not cooperate with U.N. Gaza inquiry

Israel does not plan to cooperate with a U.N. agency's investigation into alleged war crimes by Israeli troops and Hamas militants during fighting in Gaza, an Israeli government official said Wednesday.
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U.S. hints it might attend racism meeting in Geneva

The United States on Tuesday held out the chance of attending a U.N. conference on racism in Geneva next week but said the final text must remove what Washington views as restrictions on freedom of speech.
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IMF boost to widen split in emerging economies

Stronger emerging economies are likely to pull further ahead from weaker peers following the moves by global leaders to augment the lending capacity of the International Monetary Fund.

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