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British American Tobacco launched Friday a $47-billion bid for control of Reynolds American, as it seeks expansion into the United States -- the second largest market after China. The deal, worth the equivalent of 43 billion euros, would create the world's largest listed tobacco company by net turnover and operating profit, BAT said in a statement. The news sent BAT's share price more than three percent higher in morning deals on the London stock market.
South Africa will soon submit a bill in parliament to withdraw from the International Criminal Court, its justice minister said Friday, making the country the second this week, after Burundi, to move to ...
Jihadist gunmen, some of them wearing suicide vests, attacked the Iraqi city of Kirkuk Friday, an apparent effort to divert the thousands of troops and militiamen closing in on their Mosul stronghold. The assault, together with another further north, left at least 22 people dead and came as pro-government forces were making major gains on the fifth day of their advance on the last major urban centre held by the Islamic State group in Iraq. An AFP correspondent saw a group of men carrying rifles and grenades and wearing "Afghan-style clothes" walk down a street in Kirkuk, an ethnically divided city to the south of Mosul under Kurdish control.