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Print - 2015-05-25
Troubled new Berlin airport won't be a white elephant

Troubled new Berlin airport won't be a white elephant

Berlin's new international airport, repeatedly delayed due to red tape and technical problems, is on course to open as scheduled in 2017, a spokesman said on Sunday, denying a media report it could end up as a white elephant. The planned opening will be s
Published 25 May, 2015 12:00am
Thousands surround Japan's parliament, protest new US base plan

Thousands surround Japan's parliament, protest new US base plan

Thousands of demonstrators formed a human chain around Japan's parliament in Tokyo on Sunday, protesting the planned construction of a new US airbase on the southern island of Okinawa. The protesters, who organisers said numbered about 15,000, surrounded
Published 25 May, 2015 12:00am
Thousands surround Japan's parliament, protest new US base plan

Thousands surround Japan's parliament, protest new US base plan

Thousands of demonstrators formed a human chain around Japan's parliament in Tokyo on Sunday, protesting the planned construction of a new US airbase on the southern island of Okinawa. The protesters, who organisers said numbered about 15,000, surrounded
Published 25 May, 2015 12:00am
Flat rolled steel products: withdrawal of RD demanded

Flat rolled steel products: withdrawal of RD demanded

All Pakistan Steel Importers Action Committee, comprising three importers associations, has proposed the budget makers to abolish regulatory duty on the imports of flat rolled steel products. On the conclusion of the meeting of the Action Committee, the s
Published 25 May, 2015 12:00am
Flat rolled steel products: withdrawal of RD demanded

Flat rolled steel products: withdrawal of RD demanded

All Pakistan Steel Importers Action Committee, comprising three importers associations, has proposed the budget makers to abolish regulatory duty on the imports of flat rolled steel products. On the conclusion of the meeting of the Action Committee, the s
Published 25 May, 2015 12:00am
Flat rolled steel products: withdrawal of RD demanded

Flat rolled steel products: withdrawal of RD demanded

All Pakistan Steel Importers Action Committee, comprising three importers associations, has proposed the budget makers to abolish regulatory duty on the imports of flat rolled steel products. On the conclusion of the meeting of the Action Committee, the s
Published 25 May, 2015 12:00am
Saudi Shias refuse to be provoked by suicide bombing

Saudi Shias refuse to be provoked by suicide bombing

They are angry and grief-stricken, but Saudi Arabia's minority Shias refused on Sunday to be provoked by a deadly mosque bombing that authorities called an attempt to promote sectarian strife. King Salman vowed punishment for anyone linked to the "heinous
Published 25 May, 2015 12:00am
Saudi Shias refuse to be provoked by suicide bombing

Saudi Shias refuse to be provoked by suicide bombing

They are angry and grief-stricken, but Saudi Arabia's minority Shias refused on Sunday to be provoked by a deadly mosque bombing that authorities called an attempt to promote sectarian strife. King Salman vowed punishment for anyone linked to the "heinous
Published 25 May, 2015 12:00am
IS is recruiting, but not operational in Afghanistan: Nato

IS is recruiting, but not operational in Afghanistan: Nato

The Islamic State group is recruiting fighters in Afghanistan, the commander of foreign forces in country has said, but they are not yet operational. There have been fears of IS group making inroads in Afghanistan since US-led Nato forces ended their comb
Published 25 May, 2015 12:00am
IS is recruiting, but not operational in Afghanistan: Nato

IS is recruiting, but not operational in Afghanistan: Nato

The Islamic State group is recruiting fighters in Afghanistan, the commander of foreign forces in country has said, but they are not yet operational. There have been fears of IS group making inroads in Afghanistan since US-led Nato forces ended their comb
Published 25 May, 2015 12:00am
Law and order in country comparatively better: Shah

Law and order in country comparatively better: Shah

Leader of the Opposition in the National Assembly Khurshid Ahmed Shah has said that law and order situation in the country is now comparatively better. Talking to media here on Sunday, he said that Pakistan's commitment to eliminate terrorism remains unde
Published 25 May, 2015 12:00am
KP government fails to deliver: Iftikhar

KP government fails to deliver: Iftikhar

Central General Secretary, Awami National Party, Mian Iftikhar Hussain, has said that the PTI-led provincial government has failed to deliver during the last two years of its rule in the province. He was addressing a public gathering in Pabbi area of Nows
Published 25 May, 2015 12:00am
Moot to be held to discuss implementation, impact of NAP

Moot to be held to discuss implementation, impact of NAP

The Punjab government in collaboration with non-government sector is going to hold a national level conference to discuss the implementation and impact of National Action Plan (NAP) against terrorism and extremism, Punjab Education and Youth Minister Rana
Published 25 May, 2015 12:00am
Two-day summer festival concludes in Peshawar

Two-day summer festival concludes in Peshawar

With a lot of funfair, a two-day summer festival concluded at Ladies Club, Peshawar, here on Sunday. The festival was jointly organised by Tourism Corporation Khyber Pakhtunkhwa (TCKP) and district administration at ladies club Peshawar. At the closing ce
Published 25 May, 2015 12:00am
India denying Kashmiris their birth right since 1947: Geelani

India denying Kashmiris their birth right since 1947: Geelani

Veteran Kashmiri leader, Syed Ali Geelani, has said that India despite being signatory to UN resolutions on Kashmir has been denying Kashmiris their right to self-determination since 1947. Geelani in a media interview in Srinagar commenting on denial of p
Published 25 May, 2015 12:00am
Imran cancels GB visit due to bad weather

Imran cancels GB visit due to bad weather

Pakistan Tehreek-i-Insaaf (PTI) chairman Imran Khan on Sunday cancelled his Gilgit-Baltistan visit due to bad weather condition. According to details, Imran Khan was to address a public meeting in Gilgit-Baltistan but could not depart as the weather condi
Published 25 May, 2015 12:00am
17 injured as van overturns

17 injured as van overturns

As many as 17 passengers were injured, five of them critically, when a van overturned here on Sunday. Police said that the accident took place near Tando Ghulam Ali locality of Badin where an over speeding passenger van turned turtle.
Published 25 May, 2015 12:00am
PAT launches protest demonstrations against JIT report

PAT launches protest demonstrations against JIT report

Pakistan Awami Tehreek (PAT) has launched protest demonstrations in phases under the theme of 'give us justice or kill us too' in 60 cities till June 14 to reject the JIT report that has exonerated Chief Minister Shahbaz Sharif and Law Minister Rana Sanau
Published 25 May, 2015 12:00am
F-7 Parking Plaza to be opened in next week

F-7 Parking Plaza to be opened in next week

The construction work of one (Southern Parking Plaza) of the two parking plazas being built in Jinnah Super Market F-7 by the Capital Development Authority (CDA) has almost completed and will open for parking during next week.
Published 25 May, 2015 12:00am
PEW lauds government's decision to keep remittance tax-free

PEW lauds government's decision to keep remittance tax-free

The Pakistan Economy Watch (PEW) on Sunday lauded the Finance Minister Ishaq Dar for rejecting the proposal of FBR to slap withholding tax on foreign remittances which could have a ravaging effect on the economy. FBR proposal to bring remittances in the t
Published 25 May, 2015 12:00am
Drive to create awareness about urticaria launched

Drive to create awareness about urticaria launched

People belonging to different walks of life participated in an event held here to create awareness among people about a debilitating skin disease called urticaria. The disease is also known as nettle-rash/hives in which red spots appear on skin and causes
Published 25 May, 2015 12:00am
Mangoes start capturing space in capital fruit markets

Mangoes start capturing space in capital fruit markets

Mangoes popularly known as the `King of Fruits' have started capturing space in the fruit markets of capital with its different varieties. Mangoes are usually arrived in the markets during the month of May and this delicious summer fruit is liked by the p
Published 25 May, 2015 12:00am
PBM to provide free bone-marrow treatment to children: MD

PBM to provide free bone-marrow treatment to children: MD

Managing Director, Pakistan Bait-ul-Mal (PBM), Barrister Abid Waheed Sheikh on Sunday said that the PBM will provide free bone-marrow treatment to thalassaemia affected children in different hospitals of the country. The PBM through its National Thalassae
Published 25 May, 2015 12:00am
IGP praises NH&MP's performance

IGP praises NH&MP's performance

The Inspector General National Highways & Motorway Police Muhammad Saleem Bhatti said Motorway Police is the only department of spectacular traditions upon which every Pakistani is proud and it is our prime responsibility to conserve the stateliness and h
Published 25 May, 2015 12:00am
PEF deputes 16 subject specialists in schools

PEF deputes 16 subject specialists in schools

The Punjab Education Foundation (PEF) has deputed newly recruited 16 subject specialists (SS) with the partner schools in ten different districts in Punjab. These subject specialists will teach the subjects of science, mathematics and English to their stu
Published 25 May, 2015 12:00am
Budget 2015-16: government urged to bring down high GST rate

Budget 2015-16: government urged to bring down high GST rate

Opposing the proposals regarding enhancing the general sales tax on different sectors, the Multan Chamber of Commerce and Industry (MCCI) has called upon the government to bring down high general sales tax rate to single digit level in the upcoming federa
Published 25 May, 2015 12:00am
Budget 2015-16: government urged to bring down high GST rate

Budget 2015-16: government urged to bring down high GST rate

Opposing the proposals regarding enhancing the general sales tax on different sectors, the Multan Chamber of Commerce and Industry (MCCI) has called upon the government to bring down high general sales tax rate to single digit level in the upcoming federa
Published 25 May, 2015 12:00am
Traders oppose re-introduction of GIDC

Traders oppose re-introduction of GIDC

The business community of South Punjab has strongly opposed the re-introduction of Gas Infrastructure Development Cess (GIDC) on the already hard pressed industrialists and termed it detrimental to Pakistan exports which had already fallen by $2 billion.
Published 25 May, 2015 12:00am
Sami terms propaganda against seminaries as baseless

Sami terms propaganda against seminaries as baseless

Jamiat-e-Ulema Islam-Sami (JUI-S) chief, Maulana Sami-ul-Haq has said that negative propaganda against religious seminaries of promoting terrorism is baseless. He expressed these views while addressing a ceremony here on Sunday. A large number of people i
Published 25 May, 2015 12:00am
Condolence

Condolence

Punjab Chief Minister Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of mother of Masood Saleem, DIG. In a condolence message, the chief minister prayed that may Allah Almighty rest the departed soul in eternal peace and grant
Published 25 May, 2015 12:00am
Seminar on allergy and respiratory diseases held

Seminar on allergy and respiratory diseases held

Allergy and ordinary respiratory diseases should be treated with Vitamin C and fish instead of antibiotics as it reduces immunity and prolongs treatment besides patient feel weakness in the body.
Published 25 May, 2015 12:00am
Hezbollah urges backing for fight against IS

Hezbollah urges backing for fight against IS

The head of Lebanon's Hezbollah movement on Sunday urged broad support for his group's fight in Syria, saying it was engaged in an existential battle against the Islamic State group. Hassan Nasrallah acknowledged for the first time that his powerful Shiit
Published 25 May, 2015 12:00am
Iran denies agreement on military site inspections

Iran denies agreement on military site inspections

An Iranian negotiator on Sunday denied accepting military site inspections as part of a nuclear deal with world powers, a delicate issue in talks that must be concluded by the end of June. Abbas Araghchi, who is also deputy foreign minister, made the rema
Published 25 May, 2015 12:00am
GCC denies air campaign against IS has failed

GCC denies air campaign against IS has failed

The Gulf Co-operation Council on Sunday rejected claims a US-led coalition air campaign against the Islamic State group has failed following advances by jihadists in Syria and Iraq. Speaking in Doha, after a meeting between foreign ministers of the GCC an
Published 25 May, 2015 12:00am
US says Iraqi forces lack will to fight IS

US says Iraqi forces lack will to fight IS

Washington on Sunday accused Iraqi forces of lacking the will to fight the Islamic State group, which scored a resounding victory a week earlier with the capture of Ramadi. The jihadists had appeared on the back foot in Iraq in recent months but twin offe
Published 25 May, 2015 12:00am
Burundi opposition leader murdered, activists vow intensified

Burundi opposition leader murdered, activists vow intensified

Thousands of Burundian activists mourned a murdered opposition leader at his funeral Sunday, vowing to intensify their protests against a bid by the president of the central African nation to seek a third consecutive term. Opposition leaders also said the
Published 25 May, 2015 12:00am
Canadian journalist suspended over 'fabricated' stories

Canadian journalist suspended over 'fabricated' stories

A prominent journalist was suspended Saturday from several roles in Canada's French-speaking media after allegations that he made up or embellished reports from conflict zones over the last 20 years. Groupe Media, which owns the TVA television network, sa
Published 25 May, 2015 12:00am
MSF fighting cholera outbreak in Tanzania refugee camps

MSF fighting cholera outbreak in Tanzania refugee camps

Medical charity Medecins sans Frontieres (MSF, Doctors Without Borders) said Sunday it had launched emergency treatment centres in Tanzania, where thousands of Burundians fleeing unrest have been hit by cholera.
Published 25 May, 2015 12:00am
Libya pro-government raid hits oil tanker

Libya pro-government raid hits oil tanker

Forces loyal to Libya's internationally recognised government carried out an air strike Sunday on an oil tanker delivering its cargo to a power plant run by the rival administration, a report said. The General Electricity Company denounced as "sabotage" t
Published 25 May, 2015 12:00am
Cleveland calls for calm over cop acquittal after dozens arrested

Cleveland calls for calm over cop acquittal after dozens arrested

Authorities in Cleveland warned Sunday they would not tolerate violent protests over the acquittal of a white policeman in the fatal shooting of two African Americans, after dozens of people were arrested. Small, mainly peaceful protests erupted Saturday
Published 25 May, 2015 12:00am
Ukraine rebels deny internal strife behind commander's slaying

Ukraine rebels deny internal strife behind commander's slaying

Ukraine's pro-Russian rebels rushed Sunday to dispel speculation that a bloody internal battle for control of Moscow's money was behind the gangland-style slaying of a top warlord. Prizrak (Ghost) brigade commander Alexei Mozgovoi and at least six others
Published 25 May, 2015 12:00am
Palestinian stabs two Israelis teens

Palestinian stabs two Israelis teens

A Palestinian youth on Sunday stabbed and wounded two Israeli teenagers on their way to the Western Wall in Jerusalem's Old City during a Jewish festival, officials said. Police said in a statement they had arrested the 19-year-old Palestinian on suspicio
Published 25 May, 2015 12:00am
Myanmar population law raises fears for Rohingya minority

Myanmar population law raises fears for Rohingya minority

Myanmar has enacted a population law that rights groups said Sunday targets persecuted Rohingya Muslims, a minority group at the centre of a migration crisis that has seen thousands flee the country. Desperate Rohingya, together with Bangladeshi migrants,
Published 25 May, 2015 12:00am
Saudi's Emaar Economic City says expects tenant inflow to accelerate

Saudi's Emaar Economic City says expects tenant inflow to accelerate

King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast near Jeddah, expects its inflow of new corporate tenants to speed up this year as the economy proves resilient to low oil prices, KAEC's managing director said.
Published 25 May, 2015 12:00am
Chile's new finance minister commits to 'healthy finances'

Chile's new finance minister commits to 'healthy finances'

Maintaining healthy public finances is a "crucial commitment," said Chile's finance minister in an interview published in local media on Sunday, his first since taking over the role two weeks ago. Rodrigo Valdes did not say whether the left-wing coalition
Published 25 May, 2015 12:00am
An wins PGA Championship

An wins PGA Championship

South Korea's Byeong-hun An turned the European PGA Championship into a procession winning the prestigious event by six shots at Wentworth on Sunday. Twenty-three-year old An carded a final round 65 to finish on a tournament record mark of 267, 21-under p
Published 25 May, 2015 12:00am
German test of solid state drives shows more memory adds speed

German test of solid state drives shows more memory adds speed

It's now hard to go wrong when purchasing a solid state drive (SSD), according to a test by German computer magazine Computerbild of 30 flash drives currently on the market. The drives tested came with capacities of 120, 240 or 480 gigabytes (GB). Every m
Published 25 May, 2015 12:00am
Google backs farm-focused start-up as 'AgTech' blooms

Google backs farm-focused start-up as 'AgTech' blooms

Google on Tuesday pumped $15 million into a farming-focused technology start-up, the latest in a surge of investment applying Internet innovations to growing food. The funding round led by Google's investment arm brings to nearly $28 million the total amo
Published 25 May, 2015 12:00am
Turn YouTube videos into cute GIF animations with online trick

Turn YouTube videos into cute GIF animations with online trick

Back in the 1990s, just about every website came with some kind of GIF (Graphics Interchange Format) animation, primarily because these small moving images were about the only form of animation possible with the bandwidth of that era. When video-stream sp
Published 25 May, 2015 12:00am
Flickr shows off new design, functions

Flickr shows off new design, functions

Yahoo has introduced an overhaul of its photo-sharing site, Flickr, including a design that doesn't just work with browsers, but also client programmes on desktops and apps. There are also new functions like the possibility in Camera Roll to look at photo
Published 25 May, 2015 12:00am
Get a virtual keyboard on your Windows desktop

Get a virtual keyboard on your Windows desktop

It's a little-known secret, but it's possible to call up a virtual, mouse-controlled keyboard on your Windows desktop. The function is a boon for those only capable of limited motion. It also adds a bit of extra security if you're using a public computer
Published 25 May, 2015 12:00am
Apple, Google urge to block back door access to cellphones

Apple, Google urge to block back door access to cellphones

Apple, Google and dozens of other high tech firms Tuesday asked US President Barack Obama to block proposals that would allow law enforcement to view encrypted data. "Strong encryption is the cornerstone of the modern information economy's security," the
Published 25 May, 2015 12:00am
Blogger gripes: simple software beats blues

Blogger gripes: simple software beats blues

Blogging dreams often end before the blog gets up a head of steam, because writers get frustrated with overly complicated content-management software, German computer magazine c't is warning. With that in mind, some blog platforms have turned to radical m
Published 25 May, 2015 12:00am
Vodafone returns to quarterly sales growth

Vodafone returns to quarterly sales growth

Britain's Vodafone posted a rise in its quarterly sales measurement for the first time in nearly three years on May 19, helped by improving trends in its key European markets and demand for 4G mobile services. The world's second largest mobile operator sa
Published 25 May, 2015 12:00am
Vodafone returns to quarterly sales growth

Vodafone returns to quarterly sales growth

Britain's Vodafone posted a rise in its quarterly sales measurement for the first time in nearly three years on May 19, helped by improving trends in its key European markets and demand for 4G mobile services. The world's second largest mobile operator sa
Published 25 May, 2015 12:00am
OMV hit by low oil price, security woes in Libya, Yemen

OMV hit by low oil price, security woes in Libya, Yemen

Austrian energy group OMV said on May 18 it was unlikely to resume production in war-torn Libya or Yemen before winter, after headline profit fell by half as low oil prices weighed on its upstream business. It also said overcapacity in Europe would drive
Published 25 May, 2015 12:00am
M&S profit rises for first time in four years

M&S profit rises for first time in four years

British retailer Marks & Spencer posted its first rise in annual profit in four years and said it would return excess cash to shareholders, fuelling hopes that it has finally rediscovered a successful formula.
Published 25 May, 2015 12:00am
M&S profit rises for first time in four years

M&S profit rises for first time in four years

British retailer Marks & Spencer posted its first rise in annual profit in four years and said it would return excess cash to shareholders, fuelling hopes that it has finally rediscovered a successful formula.
Published 25 May, 2015 12:00am
Petronas first quarter profit down on weak oil prices

Petronas first quarter profit down on weak oil prices

Malaysian state energy firm Petronas said on May 22 it made a net profit of 11.4 billion ringgit ($3.18 billion) in the first quarter - more than 7 billion ringgit lower than the same period last year - due to the slump in global oil prices. In the first
Published 25 May, 2015 12:00am
HP reports profit above estimates

HP reports profit above estimates

Hewlett-Packard Co, the world's No 2 PC maker, reported a quarterly profit above market estimates, helped by cost cuts. The company said its planned separation was on track and forecast related dis-synergies of about $400 million-$450 million. "I think it
Published 25 May, 2015 12:00am
HP reports profit above estimates

HP reports profit above estimates

Hewlett-Packard Co, the world's No 2 PC maker, reported a quarterly profit above market estimates, helped by cost cuts. The company said its planned separation was on track and forecast related dis-synergies of about $400 million-$450 million. "I think it
Published 25 May, 2015 12:00am
Best Buy profit beats on strong demand

Best Buy profit beats on strong demand

Best Buy Co Inc, the largest US consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs.
Published 25 May, 2015 12:00am
Tata Steel posts $889m consolidated loss in fourth quarter

Tata Steel posts $889m consolidated loss in fourth quarter

India's Tata Steel Ltd said it expected a rebound in steel demand in its home market and modest growth in Europe this year, after reporting a $889 million quarterly loss inflated by a hefty impairment on its UK business.
Published 25 May, 2015 12:00am
Islamic mutual funds fall short of global demand
Mutual Funds

Islamic mutual funds fall short of global demand

Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting demand for sharia-compliant investment products, a study by Thomson Reuters and its subsidiary Lipper showed on May 19. Many firms pulled o
Published 25 May, 2015 12:00am
Islamic mutual funds fall short of global demand
Mutual Funds

Islamic mutual funds fall short of global demand

Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting demand for sharia-compliant investment products, a study by Thomson Reuters and its subsidiary Lipper showed on May 19. Many firms pulled o
Published 25 May, 2015 12:00am
Drogba chaired off in last Chelsea game

Drogba chaired off in last Chelsea game

Didier Drogba's final Chelsea game ended in curious fashion as he was carried off by his team-mates during their 3-1 Premier League home victory over Sunderland on Sunday. The 37-year-old striker had announced prior to kick-off that Chelsea's last competi
Published 25 May, 2015 12:00am
Stokes and Cook tons make New Zealand toil

Stokes and Cook tons make New Zealand toil

Ben Stokes scored the fastest-ever Test hundred at Lord's, while England captain Alastair Cook weighed in with a less spectacular but equally valuable century of his own as the hosts fought back against New Zealand on Sunday. England were 429 for six in t
Published 25 May, 2015 12:00am
Hull relegated as Stoke ruin Gerrard farewell

Hull relegated as Stoke ruin Gerrard farewell

Hull City were relegated from the Premier League on Sunday after drawing 0-0 at home to Manchester United on a final day of the season marked by high-profile departures. Hull, beaten FA Cup finalists last season, needed to beat United to stand any chance
Published 25 May, 2015 12:00am
Gulf markets dip, tracking oil; Egypt extends gains

Gulf markets dip, tracking oil; Egypt extends gains

Most Gulf stock markets slipped on Sunday after oil prices fell, while Egyptian equities extended gains following the delay of an unpopular capital gains tax. Brent oil fell $1.17, or 1.8 percent, to $65.37 a barrel on Friday, declining 2.1 percent on the
Published 25 May, 2015 12:00am
Chinese dominance worries Nigeria's textile traders

Chinese dominance worries Nigeria's textile traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy made-in-China fabric.
Published 25 May, 2015 12:00am
UAE banks discuss plan for centralised Islamic finance board

UAE banks discuss plan for centralised Islamic finance board

The United Arab Emirates' bank industry association has discussed a proposal to create a centralised Shariah board that would monitor Islamic banking, which could spur the growth of the industry. The central bank had proposed setting up a Higher Shariah A
Published 25 May, 2015 12:00am
Irish government receives report on Aer Lingus sale

Irish government receives report on Aer Lingus sale

The Irish government said on Sunday it had received a report by an expert group advising it on the possible sale of its 25 percent stake in Aer Lingus to British Airways owner IAG, paving the way for a long-delayed decision.
Published 25 May, 2015 12:00am
Hyundai Heavy to build five oil tankers for Saudi's Bahri

Hyundai Heavy to build five oil tankers for Saudi's Bahri

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the Riyadh-listed firm said on Sunday.
Published 25 May, 2015 12:00am
Renault makes concessions to striking workers in Turkey

Renault makes concessions to striking workers in Turkey

French car giant Renault has offered a cash payment to striking workers in western Turkey where a wage dispute has hit the thriving Turkish car sector ahead of June 7 elections. Oyak Renault factory, a joint venture between Renault and the Oyak army pensi
Published 25 May, 2015 12:00am
Next-generation plane engines take a LEAP towards delivery

Next-generation plane engines take a LEAP towards delivery

If there's one key selling point that aerospace giants Airbus and Boeing have both been using in marketing their new aircraft, it is fuel efficiency. But neither of the two major plane makers are directly responsible for much of the promised improvement i
Published 25 May, 2015 12:00am
Negotiations on TPP in 'end-game', says US trade representative
Currency

Negotiations on TPP in 'end-game', says US trade representative

Negotiations to form the Trans-Pacific Partnership (TPP) free trade zone are in the "end-game", US Trade Representative Mike Froman said Sunday. "Our negotiators are working even as we speak, working through issues. We hope to conclude it soon. We are ver
Published 25 May, 2015 12:00am
Latvala wins Rally of Portugal

Latvala wins Rally of Portugal

Finland's Jari-Matti Latvala held on to win the Rally of Portugal on Sunday ahead of his Volkswagen team-mate Sebastien Ogier. The Norwegian Andreas Mikkelsen in a Polo-R took third place in what was the fifth leg of the World Rally Championship season.
Published 25 May, 2015 12:00am
Mercedes apologise for Hamilton pit blunder

Mercedes apologise for Hamilton pit blunder

The Mercedes team were swift to apologise and commiserate with Lewis Hamilton, his fans and the disappointed followers of Formula One after their unexpected tactical error deprived the world champion of a seemingly inevitable, and richly-deserved, win in
Published 25 May, 2015 12:00am
Nishikori inspires Japanese French Open record

Nishikori inspires Japanese French Open record

Japan smashed a record which had stood for almost half a century at the French Open on Sunday by seeing five men make the first round draw. Not since 1967 has Japan enjoyed such relative riches in Paris with world number five Kei Nishikori leading the way
Published 25 May, 2015 12:00am
Angry Federer blasts French Open after security scare

Angry Federer blasts French Open after security scare

Roger Federer blasted French Open organisers Sunday after a fan breached tight security and raced on to court to grab a 'selfie' with the Swiss great. The 17-time Grand Slam winner had just completed a routine 6-3, 6-3, 6-4 win over Colombia's Alejandro F
Published 25 May, 2015 12:00am
Pakistan pull off sensational win to take Twenty20 series

Pakistan pull off sensational win to take Twenty20 series

Pakistan pulled off a sensational last over win by two wickets in the second Twenty20 international against Zimbabwe in Lahore on Sunday to take the two-match series 2-0. With 12 needed off the last paceman Brian Vitori's last over number ten Bilawal Bhat
Published 25 May, 2015 12:00am
War pushes South Sudan's economy to the brink
Currency

War pushes South Sudan's economy to the brink

Soaring inflation and a likely currency collapse are adding to South Sudan's woes after 17 months of civil war characterised by brutal attacks on civilians. The latest battles between government and rebel forces have centred on the country's last remainin
Published 25 May, 2015 12:00am
Iran says OPEC unlikely to change output ceiling

Iran says OPEC unlikely to change output ceiling

OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency. "Lowering OPEC's production ceiling requires consensus between all members
Published 25 May, 2015 12:00am
Rouhani wants to 'free' economy from sanctions

Rouhani wants to 'free' economy from sanctions

Iranian President Hassan Rouhani called Sunday for national unity to liberate the economy from international sanctions, which he compared to a form of occupation. "We must join hands and free our economic territory which was unjustly occupied by the count
Published 25 May, 2015 12:00am
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