East African tea producers lobbied their governments to scrap value-added tax on domestic sales to help stimulate prices through increased consumption after higher output pushed auction rates to the lowest in 13 years.
Brazil may see a mass migration of crops and farm workers from huge swaths of currently tillable lands to more temperate zones as global warming takes hold, according to leading climate experts in the country.
Intel Corp.’s main personal- computer processor business is showing signs of improvement after a record industry slump, yet the company’s push to get into faster-growing mobile-phone chips has gone backward.
Air Arabia, the only listed airline in the United Arab Emirates, will begin flights on May 6 from a new hub in the sheikdom of Ras Al Khaimah after local carrier RAK Airways suspended operations earlier this year.
Abu Hamza al-Masri, the Islamic cleric accused of aiding an al-Qaeda affiliate’s deadly attack in Yemen and trying to start a terrorist training camp in Oregon, said he plans to testify in his own defense at a trial almost a decade after the U.S. sought his extradition.
The Egyptian pound weakened to the lowest level in more than seven months after the central bank cleared a backlog of cash owed to equity investors abroad, reducing the availability of foreign currency.
Egypt’s presidential election next month may see government agencies throw their weight behind former Defense Minister Abdel-Fattah al-Seesi, according to Hamdeen Sabahi, who plans to contest the vote.