PUTIN WOOS AFRICAN LEADERS AT SHOWCASE SUMMIT, SAYS RUSSIA IS BETTER PARTNER THAN 'COLONIAL' WEST. (PHOTO).

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 Putin woos African leaders at showcase summit, says Russia is better partner than 'colonial' West President Vladimir Putin told African leaders ​on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying ‌to exploit the continent's resources and using debt to hold back development, Reuters reported. The Kremlin chief was speaking at the third Russia-Africa Summit in Moscow, a two-day event attended by African leaders and government delegations from 48 countries, during which he will hold one-on-one talks with many of the 22 individual African leaders ​attending on everything from trade to security, arms deals and grain supplies. "Africa is increasingly asserting itself as one of the key players in the global economy and politics. However, the emergence of a multipolar world is, of ​course, no easy task; it faces resistance from countries that are not prepared to accept this reality: those who are accustomed to ​thinking i...
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SICILY YACHT SINKING: MORGAN STANLEY INTERNATIONAL CHAIR JONATHAN BLOOMER AMONG MISSING. (PHOTO).

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Sicily yacht sinking: Morgan Stanley International chair Jonathan Bloomer among missing


Morgan Stanley International chairman Jonathan Bloomer is among those missing after a yacht carrying UK tech entrepreneur Mike Lynch sank off the coast of Sicily during a violent storm, an Italian official has said.

Salvatore Cocina, head of the civil protection agency in Sicily, said Bloomer and Chris Morvillo, a lawyer at Clifford Chance, were among the six people missing. Lynch and his 18-year-old daughter, Hannah, were also unaccounted for as of late Monday.


The update came as it was reported that Lynch’s co-defendant in a US trial related to the sale of his software company to Hewlett-Packard had died after being hit by a car in England.

The British-flagged Bayesian, a 56-metre sailboat, was carrying 22 people and anchored just off shore near the port of Porticello when it was hit by a tornado in the early hours of Monday morning, the Italian coastguard said in an earlier statement.


One man, understood to be the vessel’s chef, was confirmed dead. The coastguard said the missing had British, American and Canadian nationalities.

Fifteen people were rescued, including Lynch’s wife, Angela Bacares, who owned the boat, and a one-year-old girl who was saved by her mother.

A spokesperson for Lynch, the co-founder of Autonomy, a software firm that became one of the shining lights of the UK tech scene, declined to comment. Survivors said the trip had been organised by Lynch for his work colleagues.

Once described as Britain’s Bill Gates, Lynch spent much of the last decade in court defending his name against allegations of fraud related to the sale of his software firm, Autonomy, to the US tech company Hewlett-Packard for $11bn.


The 59-year-old was acquitted by a jury in San Francisco in June, after he had spent more than a year living in effect under house arrest.

Hours after news of the sinking broke it emerged that his co-defendant at that trial, Stephen Chamberlain, had died after being hit by a car while out running in Cambridgeshire.

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