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Disasters including the floods that struck central Europe in June caused global economic losses of about $130 billion in 2013, reinsurer Swiss Re said on Wednesday. The insurance industry is likely to cover about $44 billion (32 billion euros) of all…

A Canadian retiree pledged Tuesday to give away a Can$40-million ($37 million USD) lottery prize to charity, telling Canada’s public broadcaster that he doesn’t need the money. “I’ve been fortunate enough, through my career, 44 years with a company.…

Nigerian university lecturers on Tuesday called off a long-running strike that paralysed higher education in the country, after they reached a temporary truce with the government. Members of the Academic Staff Union of Universities (ASUU) walked out…