By Rory Carroll
LOS ANGELES (Reuters) - Los Angeles Memorial Coliseum and SoFi Stadium in Inglewood will serve as the venues for the opening and closing ceremonies of the 2028 Olympic and Paralympic Games, LA28 announced on Thursday.
The July 14 2028 opening ceremony will be shared between the historic Coliseum, which will become the first venue to host events for three Olympic Games, and the state-of-the-art SoFi Stadium, in an... (continue reading...)
By Jonathan Saul and Mohammed Ghobari
ADEN (Reuters) - Some 200 seafarers aboard more than 15 ships stuck for weeks off Yemen's port of Ras Isa are preparing to offload cargoes and leave thanks to a ceasefire deal between Houthi militia and the U.S., maritime and labour union sources said on Thursday.
Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and... (continue reading...)
RABAT (Reuters) -Morocco plans to spend 7 billion dirhams ($760 million) on storage platforms across the country to stockpile necessities in immediate response to potential disasters, state media said.
The stockpiles were ordered by King Mohammed VI in the wake of the devastating earthquake that hit the High Atlas Mountains in September 2023, killing more than 2,900 people and destroying homes and vital infrastructure.
Morocco has faced... (continue reading...)
By Nora Eckert
DETROIT (Reuters) -Ford Motor executives told shareholders Thursday that there are no plans to offer stock buybacks or spin off its lucrative commercial vehicle operations, in response to questions on both topics at its annual shareholder meeting.
"We have done buybacks during my tenure here, and they typically have not worked," said Executive Chair Bill Ford. "Cyclical companies usually buy back when times are good...when... (continue reading...)
KIGALI (Reuters) -Rwanda's economy is forecast to grow 7.1% this year and jump to 7.5% in 2026, Finance Minister Yusuf Murangwa said on Thursday.
The economy is expected to grow 7.4% in 2027 and 7.0% a year later, he told parliament. The economy grew 8.9% in 2024, according to the statistics office.
Murangwa, who is presenting a draft budget for 2025/26 (July-June), did not give a reason for the slowdown in growth.
Rwanda's... (continue reading...)
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