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Saudi Prince Alwaleed says settles Forbes libel suit over fortune

DUBAI (Reuters) - Saudi Arabian billionaire Prince Alwaleed bin Talal said he had settled a libel suit against the Forbes magazine group over its reporting on his fortune, which he claimed was billions of dollars larger than the magazine estimated.

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Saudi prince deletes tweet on car offer for pilots

RIYADH: A billionaire Saudi prince has purportedly deleted a controversial tweet in which he offered 100 luxury Bentley cars to air force pilots who took part in Saudi-led operations over Yemen.


U.S. court rejects Argentina's contempt appeal in debt fight

NEW YORK (Reuters) - A U.S. court on Tuesday dismissed as premature Argentina's appeal of a federal judge's order finding the country in contempt for taking steps to evade his orders in a long-running dispute with hedge funds suing over defaulted debt.


Europe's firewalls may not be enough to stem Grexit investor panic

LONDON (Reuters) - For all the firewalls Europe put in place over the last three years, the actions investors say they would take if Greece left the euro currency bloc suggest the ensuing panic would rumble through financial markets.


China nears 'peak coal' as carbon and clean growth policies bite

BEIJING (Reuters) - Coal use in China, the world's biggest polluter, could peak earlier than previously forecast as slower economic growth cuts power demand and the government clamps down on energy-intensive industries to meet its emissions reduction goals.


Kentucky Republican Mitch McConnell wins sixth U.S. Senate race

LOUISVILLE Ky. (Reuters) - U.S. Senate Republican chief Mitch McConnell of Kentucky won re-election to a sixth term, Reuters/Ipsos projected on Tuesday, moving a step closer to fulfilling his ambition of becoming majority leader of the chamber.


Analysis - Rousseff's rough victory augurs more divisive era in Brazil

SAO PAULO (Reuters) - The turning point in President Dilma Rousseff's re-election campaign came on the evening of Sept. 1, after a disastrous presidential debate at which she confessed to the audience that she was "nervous" and stumbled over several words.

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New Indonesian leader hits out over democratic roll-back

JAKARTA, Sept 26, 2014 (AFP) - Indonesian president-elect Joko Widodo accused his opponents Friday of stealing "people's political rights" after suffering an early defeat in parliament that analysts described as a setback for his ambitious reform agenda.


Mexico unveils futuristic design for new $9 billion airport

MEXICO CITY (Reuters) - Mexico's government on Wednesday unveiled the winning design for a new, futuristic, spider-shaped airport for the capital that will ease delays and boost capacity at a cost of 120 billion pesos ($9.17 billion) (5.57 billion British pound) in public and private funding.


U.S.-Africa summit garners over $17 billion in investment pledges

WASHINGTON (Reuters) - African leaders on Tuesday called for a deeper economic relationship with the United States, hailing investment pledges totalling more than $17 billion (£10.07 billion) at a Washington summit as a fresh step in the right direction.