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Wolfowitz refuses to quit Bank, wants name cleared

WASHINGTON (Reuters) - World Bank President Paul Wolfowitz refused on Wednesday to bow to heavy European pressure to resign as he sought to clear his name in negotiations with the bank's board over a possible exit strategy.

Wolfowitz refuses to quit Bank, wants name cleared

WASHINGTON (Reuters) - World Bank President Paul Wolfowitz refused on Wednesday to bow to heavy European pressure to resign as he sought to clear his name in negotiations with the bank's board over a possible exit strategy.

Qatar to build new port in Somalia's Hobyo

DOHA (Reuters) - Qatar plans to build a new seaport at Somalia's Hobyo, a potentially strategic investment in an area of East Africa fiercely contested by Gulf rivals.

China's President Xi to visit North Korea on Thursday - state media

BEIJING (Reuters) - Chinese President Xi Jinping will visit North Korea on Thursday for two days, China's state media announced on Monday.

Qatar brings first new World Cup stadium to life as FIFA mulls expansion

DOHA (Reuters) - Qatar inaugurated the first of seven new World Cup 2022 stadiums on Thursday, just weeks before a crucial FIFA summit will decide whether to expand the tournament and potentially push it beyond the tiny Gulf state's borders to accommodate a larger format.

US shares falter, investors await US-China trade deal

NEW YORK: U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach a trade agreement and weaker-than-expected construction data did not help their mood.

Amid Arab boycott, Qatar's new friends find rich openings

DOHA (Reuters) - Six months ago Serkan Ucar arrived in Doha to scope out business opportunities - away from his usual patch. The mission looks set to pay off handsomely, as the Turkish entrepreneur expects to win a first contract to help build an iconic 2022 World Cup stadium.

FIFA to advance African teams $2 million World Cup prize cash

(Reuters) - FIFA will advance $2 million in prize money to each of the five African teams that have qualified for the World Cup to help them prepare for the tournament, the Confederation of African Football (CAF) said.

India rejoices over the maiden Test victory

Cricket-mad India rejoiced after its cricket team registered a historic maiden Test win on Pakistan soil.