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(MENAFN - AFP) A huge new exhibition about Tintin creator Herge does not shy away from showing how the cartoonist pined to be taken seriously as an artist nor his shame at his passivity during the Nazi occupation of Belgium.

"Herge", which opens Wednesday at the Grand Palais in Paris, aims to lift some of the mystery that surrounds the enigmatic Belgian cartoonist Georges ...

 
(MENAFN - AFP) Bank of America will lay off 20 senior investment bankers in Asia due to slowing activity in the region, a person familiar with the matter said Monday.

Goldman Sachs is also cutting staff in the Asian region due to a slump in deal-making according to published reports Monday.

Bank of America employees affected by the layoffs work in Singapore, Japan and ...

 
(MENAFN - AFP) French unemployment rose sharply in August, reaching its highest level in years and dealing a serious blow to President Francois Hollande ahead of next year's election.

The number of unemployed in mainland France grew by over 50,000, or 1.4 percent, to 3.56 million, according to the labour ministry.

The rise was the biggest in a single month since January ...

 
(MENAFN - AFP) The United States announced criminal charges and economic sanctions Monday against a Chinese company, Dandong Hongxiang Industrial Development, for alleged support of North Korea's nuclear weapons program.

The Justice Department said Dandong Hongxiang and four Chinese company officials also named in an indictment had conspired to evade US sanctions on North ...

 
(MENAFN - AFP) World stock markets slumped Monday as a crash in Deutsche Bank's shares offset a surge in German business confidence and the two US presidential candidates headed into their debut debate.

Traders took profits after last week's rallies sparked by the US central bank's decision to freeze interest rates a while longer before ending the week in the red.

"It's ...

 
(MENAFN - AFP) Morning sickness is linked to a lower risk of miscarriage, according to research out Monday that suggests a woman's nausea and vomiting early in pregnancy may have protective effects for the fetus.

Between 50 and 80 percent of pregnant women report feeling nauseous or throwing up during their first trimester, said the findings in the Journal of the American ...

 
(MENAFN - AFP) Audi's head of technical development stepped down "with immediate effect" on Monday, the luxury carmaker announced, after German media accused him of involvement in parent company Volkswagen's "dieselgate" scandal.

Stefan Knirsch had held the position for barely 10 months, replacing another top engineer who left after being suspended as part of an inquiry into ...

 
(MENAFN - AFP) Brazilian police on Monday arrested Antonio Palocci, a former finance minister and senior figure in the last two governments, as part of the Petrobras corruption probe, prosecutors said.

Palocci, 55, served as finance minister under former president Luiz Inacio Lula da Silva and as chief of staff for his successor Dilma Rousseff, who was impeached this month.

Palocci ...

 
(MENAFN - AFP) The US-led consortium leading the development of Israel's offshore gas reserves on Monday announced a first deal to sell natural gas from its Leviathan field to neighbouring Jordan.

US firm Noble Energy, the lead partner, said in a statement that the contract signed Monday with the National Electric Power Company of Jordan (NEPCO) was for "300 million cubic ...

 
(MENAFN - AFP) Sales of new houses in the United States remained strong in August, with pent-up demand continuing to absorb everything builders can offer, the Commerce Department reported Monday.

Sales of single family homes last month ran at an annual rate of 609,000 units, down from July's 659,000, which was the strongest month in almost nine years.

But August's pace ...

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