News : Africa
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AfricaAlibaba Seeks Investors, May Hit Record
The huge Chinese e-commerce company Alibaba is set to offer its stock to the public for the first time later this week, an action that may raise more than $20 billion for the company. This Initial Public Offering may turn out to be the largest ever. Alibaba handles around 80 percent of on-line commerce by China's more than 600 million Internet users. Headed by Jack Ma, (NAT SOT) the firm profits from transaction fees, and payments from advertisers who want to...
voanews.com | 17-Sep-2014 00:14
US to Resume Vietnamese Adoptions After 6 Year Suspension
Americans will once again be allowed to adopt Vietnamese children, six years after Hanoi and Washington failed to extend a bilateral pact because of disagreements over fraud and corruption. Two U.S. adoption service providers have been granted licenses to facilitate a limited adoption program for children with special needs, children aged five and older, and children in biological sibling groups. Nguyen Van Binh, Vietnam's Director of the Department of Adoptions, tells VOA’s...
voanews.com | 17-Sep-2014 00:01
Alibaba Seeks Investors, May Hit Record
The huge Chinese e-commerce company Alibaba is set to offer its stock to the public for the first time later this week, an action that may raise more than $20 billion for the company. This Initial Public Offering may turn out to be the largest ever. VOA's Jim Randle reports.
voanews.com | 16-Sep-2014 23:53
Nigerian Church Collapse Kills 67 South Africans
South African President Jacob Zuma says 67 South Africans died when a church building collapsed last Friday in Lagos, Nigeria. Calling Tuesday a particularly difficult time for his country, he described the tragedy as the largest number of South Africans to die in a single incident outside the country in recent years. Nigerian authorities say a guest house collapsed on the grounds of the Synagogue Church of All Nations, which is a major attraction for religious-minded...
voanews.com | 16-Sep-2014 23:49
Top US General Does Not Rule Out Ground Troops in Iraq: White House Scrambles to Clarify
America’s top military commander says he does not believe U.S. ground forces will be required to defeat Islamic State militants in Iraq and Syria, but would recommend their use under certain conditions. The Obama administration moved quickly to clarify its position that no ground troops will be sent in. VOA’s Michael Bowman reports from Capitol Hill.
voanews.com | 16-Sep-2014 23:45
S. Korea to Provide Humanitarian Help in Fight Against Islamic State
South Korea says it will contribute humanitarian assistance to the United States-led fight against the militant group Islamic State of Iraq and the Levant. The South Korean presidential office announced Tuesday that National Security Office Director Kim Kwan-jin outlined Seoul's plans in a meeting with his American counterpart in Washington this week. According to the South Korean press release, U.S. National Security Advisor Susan Rice Monday stressed the need for South...
voanews.com | 16-Sep-2014 23:23