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  • Reuters

    Ethiopia, World Bank sign $300 million grant agreement for reconstruction

    Ethiopia and the World Bank have signed an agreement for a $300 million grant to help with reconstruction and recovery in conflict-hit areas, the finance ministry said. "The resource will be used to finance the activities designed to support ... basic services of education, health, water supply and a special support to survivors of gender-based violence within the areas affected by conflict," the ministry said in a statement late on Monday.

  • Reuters

    Woodside sees slim risk of big share selloff by BHP investors

    Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Monday. Woodside shareholders are set to vote on Thursday on a $40 billion merger to create a top 10 global independent oil and gas producer. BHP shareholders will hold a 48% stake in the enlarged group to be called Woodside Energy.

  • Associated Press

    Iran state TV says 2 French nationals arrested over protests

    Iran’s state TV on Tuesday confirmed the arrest of two French citizens, saying they met with protesting teachers and took part in an anti-government rally. The report identified the two as Cecile Kohler, 37, and Chuck Paris, 69, and said they were not on a tourist visit to Iran. France had earlier identified the two as a teachers’ union official and her partner on vacation in Iran.