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Congo signs diamonds deal with Swiss firm ADEX

Democratic Republic of Congo has signed an agreement with Switzerland-based diamond and gemstone technology firm ADEX Platform for the marketing of Congolese diamonds, under which they will process the gemstones domestically.The agreement is aimed at boosting transparency, curbing smuggling and rai…

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Four trapped after residential building collapses in Athens, fire brigade says

Four people were trapped after a four-story apartment block collapsed on Tuesday in the Petralona area of Athens, the fire brigade said.Firefighters and police were deployed to the area to help with the rescue operation which is ongoing, the service said in a statement. Footage on local media showe…

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German pension revamp may give EU markets a prod

By Pierre BrianconFriedrich Merz seems ready to break an old German taboo. To ensure the continued funding of his aging country’s onerous pension system, the German chancellor has agreed to create a dedicated public pension fund to supplement the main pay-as-you-go scheme. This could channel up to…

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China appoints Cheng Fubo as Communist Party chief of state asset regulator

The Chinese government has appointed Cheng Fubo as the Communist Party chief of its state-owned asset regulator, a statement released by the regulator showed on Tuesday.Zhang Yuzhuo, the former chairman of the State-owned Assets Supervision and Administration Commission, was removed from the role i…

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