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260 miners stuck underground after 'incident' at S.African shaft
260 miners stuck underground after 'incident' at S.African shaft
by  AFP

Damage to a mine shaft kept 260 miners stuck in a gold mine outside Johannesburg overnight, the mine manager and union said Friday. Mining employs hundreds of thousands of people in South Africa -- the biggest exporter of platinum and a major exporter of gold, diamonds, coal and other raw materials -- and accidents are common.

UK newspaper The Telegraph set for US ownership
UK newspaper The Telegraph set for US ownership
by  AFP

British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms. TMG last year agreed to sell British right-wing magazine The Spectator to hedge fund manager Paul Marshall for £100 million.

German growth upgraded on pre-tariff export surge
German growth upgraded on pre-tariff export surge
by  AFP

Germany's economy grew more than previously thought at the start of the year, as its exports surged before US President Donald Trump imposed sweeping tariffs, official data showed Friday. Germany's unexpectedly strong first-quarter growth contrasts with the performance of the US economy, which contracted at the start of the year amid an import surge triggered by Trump's tariff plans.

Fears for crops as drought hits northern Europe
Fears for crops as drought hits northern Europe
by  AFP

Parts of northern Europe have seen their worst drought in decades in recent weeks, with farmers from Scotland to the Netherlands fearing the dry spell will dent harvests if it continues. The dry spell in northern Europe contrasts with southern Europe, including Spain and Portugal, where rainfall has been up to twice the usual amount for the time of year. abe-bur/ico/fec/js

Japan PM presses Trump on tariffs ahead of new talks
Japan PM presses Trump on tariffs ahead of new talks
by  AFP

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies. The comments came as Japan's tariffs envoy, economic revitalisation minister Ryosei Akazawa, left for Washington for a third round of talks.

Asian stocks bounce back after Treasury-led sell-off
Asian stocks bounce back after Treasury-led sell-off
by  AFP

Asian equities stabilised Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.