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Malaria fears grow in Congo's Ebola outbreak hotspots

By Jennifer Rigby and Emma FargeMalaria and other diseases may be as deadly as the Ebola outbreak in the Democratic Republic of Congo, health officials have warned, as the outbreak strains the healthcare system and spooks patients into staying away from clinics.Half-a-dozen medics and local and int…

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Economy
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Codelco debt and high costs hurt competitiveness, document says

By Fabian CamberoChile's state-run copper giant Codelco sees soaring costs, which are over one-and-a-half times above its global rivals, and heavy debt are the main challenges to the struggling company's competitiveness, according to an internal document seen by Reuters.The document said that, comp…

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Russia's central bank plays down market impact of frozen-asset swaps after arrests

By Elena FabrichnayaCommercial swaps of assets frozen in Russia and Western countries, which have faced scrutiny after fraud allegations against several brokers, do not pose a broader risk to Russia's financial markets, its central bank chief said on Thursday.Following the start of Russia's militar…

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Ford US second quarter sales fall 10%

Ford NYSE:F on Thursday reported a 10.3% drop in U.S. sales in the second quarter, as the automaker reeled from lower inventory of its F-150 pickup trucks.It notched quarterly sales of 549,200 units, lower than the 612,095 units it sold a year earlier.

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Tesla posts record second-quarter deliveries as Europe sales rebound

By Akash SriramTesla NASDAQ:TSLA blew past Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America.The strong figures suggest Tesla's mainstay auto business is regaining momentum…

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Fed seen less likely to raise rates as job growth slows

Federal Reserve policymakers have less reason to deliver an interest-rate hike later this month, traders bet on Thursday, after a government report showed the U.S. economy added far fewer jobs than expected in the last two months.Nonfarm payrolls increased by 57,000 jobs in June, the Labor Departme…

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Peru declares state of emergency in 40% of the country due to El Niño rains

Peru's government declared a state of emergency in 796 districts —about 40% of the country's total— due to rains associated with El Niño weather phenomenon, according to a government decree published Thursday.The decree enables the government to carry out extraordinary measures and actions to reduc…

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