British Airways owner cuts profit forecast on pound slump
British Airways' owner lowered on Friday its annual earnings forecast for a second time since Britain voted for Brexit, blaming the latest downgrade mainly on a plunging pound. International Airlines Group said it expected full-year operating profit of 2.5 billion euros, or 7.0 percent higher compared with 2015. Britain voted June 23 in favour of exiting the European Union, triggering a plunge in the pound to 31-year lows against the dollar and 7.5-year troughs versus the euro.
Policy Prescriptions: Trump and Clinton on military defenseWASHINGTON (AP) ? Donald Trump calls the U.S. military "depleted." It urgently needs more planes, ships, troops and nuclear weapons, he says, to ensure American predominance in the world.
New rules aim to help students clear loans in cases of fraud
Clinton rallies with Mrs. Obama as Trump alleges corruption
No injuries after Pence plane slides off runway in NYC
NEW YORK (AP) ? Republican vice presidential candidate Mike Pence's campaign plane slid off a runway during a rainstorm at New York's LaGuardia Airport late Thursday, tearing up concrete before coming to rest on a patch of grass.
Policy Prescriptions: Trump and Clinton on energyWASHINGTON (AP) ? Energy independence has been a goal of every president since Richard Nixon, but it remains elusive.
Filipino mayor among 10 dead in clash with anti-drug police
KORONADAL, Philippines (AP) ? A Philippine town mayor who was publicly identified by President Rodrigo Duterte as a drug trafficking suspect was gunned down Friday with nine of his men at a police checkpoint, in one of the bloodiest operations since the crackdown was launched.
Nigeria has commitments for $500 mln of its planned Eurobond
By Chijioke Ohuocha LAGOS (Reuters) - Nigeria has $500 million of commitments for the planned $1 billion eurobond it intends to issue before the end of the year and any decision to increase the size of the offer will depend on pricing, Finance Minister Kemi Adeosun said on Thursday. Nigeria wants to sell a $1 billion in eurobonds by the end of the year although, as of Thursday, no bank had been appointed to arrange the issue. Nigeria, Africa's largest economy, slipped into recession for the first time in 25 years in the second quarter, largely due to low global oil prices.
Memo describes Bill Clinton's business ventures, fundraising
WASHINGTON (AP) ? A 2011 confidential memo written by a longtime Bill Clinton aide during Hillary Clinton's State Department tenure describes overlap between the former president's business ventures and fundraising for the family's charities. The former aide also described free travel and vacations arranged for the Clintons by corporations, reinforcing ethics concerns about the Democratic presidential nominee.
Egypt's Sisi pledges reviews of protest law, detentions
Egyptian President Abdel Fattah al-Sisi promised on Thursday to amend a law that human rights groups say has severely restricted protest rights and hinted at possible pardons for young people imprisoned without conviction. Speaking at a youth conference in Sharm el-Sheikh, the former general said a committee would review the cases of young people held in pretrial detention and present its findings in two weeks so the presidency could take appropriate action. Sisi does not have the authority to interfere in the judicial process in Egypt but is able to issue pardons.