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(MENAFN - AFP) As with most divorces, Britain's negotiations with the EU after Prime Minister Theresa May triggered the Brexit process could rapidly turn nasty over money.

Brussels is demanding that Britain settle its bill before discussing anything, but London says it must also talk about the future relationship with the EU at the same time.

Here are the key questions:

- ...

(MENAFN - AFP) The value of China's coal imports from North Korea surged nearly 40 percent in February, official data shows -- the same month Beijing vowed to suspend the trade over Pyongyang's nuclear and missile tests.

China imported $97.6 million worth of North Korean coal last month -- a key foreign currency-earner for the pariah state -- up from $70.1 million during ...

(MENAFN - AFP) Daimler, the world's biggest luxury carmaker, said Wednesday it will speed up development of electric vehicles, aiming for 10 new models within five years rather than eight.

"Emissions-free driving is at the centre of our strategy. In the coming years we will spend 10 billion euros ($10.8 billion) on building up our electric fleet," chief executive Dieter Zetsche ...

(MENAFN - AFP) Ghana's new government is looking to fix a crippling power crisis with a complete overhaul of its deficit-ridden energy sector including a boost for solar energy.

Intermittent power supply issues have dogged the west African nation since the 1980s and became particularly acute in the last five years -- although there has been some improvement recently.

President ...

(MENAFN - AFP) The EU blocked the blockbuster merger of the London Stock Exchange with Germany's Deutsche Boerse on Wednesday, snagged by competition concerns and the fallout from Brexit.

The decision was widely expected after the LSE last month said it had refused the European Commission's request to divest its majority stake in Italian trading platform MTS.

The EU's ...

(MENAFN - AFP) Toshiba's loss-hit US nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said Wednesday, as the troubled division wrestles with huge losses and accounting fraud claims.

The Japanese conglomerate's board approved the Chapter 11 filing in a US court in New York, a step that temporarily shelters struggling firms as they ...

(MENAFN - AFP) German automakers Mercedes Benz and Volkswagen will recall nearly one million vehicles in China, according to the country's quality regulator.

Mercedes Benz will recall nearly 400,000 vehicles of different models produced between May 2015 and February 2017 due to concerns that parts of the ignition circuitry could overheat under some extreme conditions, according ...

(MENAFN - AFP) As Britain's divorce from the European Union begins Wednesday, Australia's meat industry is licking its lips at the prospect of a boost in exports as London scrambles to sign free-trade deals across the globe.

Pro-leave politicians promised before last year's referendum that an exit would allow them to hammer out a series of pacts around the world, free from ...

(MENAFN - AFP) From making illegal cross-border deliveries to China in a minivan to buying a fleet of Boeing aircraft, the boss of SF Express has ridden a wave of online shopping to become one of the country's richest men.

Though secretive and media-shy, founder Wang Wei has found himself thrust into the spotlight after the listing of his SF Express courier service on the ...

(MENAFN - AFP) Just when it seemed there was nothing else left to divide Israelis and Palestinians, some Jewish hardliners have found a new one: beer.

The recent decision by a trendy pub in the northern Israeli city of Haifa to make Shepherds beer available sparked the controversy.

The problem: Shepherds is a Palestinian beer recently launched by a brewery in the occupied ...

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