Russia’s former ambassador to Washington, Sergei Kislyak, said on Saturday his conversations with former White House national security adviser Michael Flynn had been transparent and focussed on matters of U.S.-Russia cooperation. Kislyak ended his tenure in Washington in July but remains a key figure in ongoing U.S. investigations into Moscow’s alleged meddling in the 2016 […]
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Fears for tourists in London as acid attacks escalate in recent weeks
A tide of acid attacks in London in recent weeks has led to fears for the safety of members of the public – including tourists. On Monday, a tourist believed to be from Qatar was sprayed with corrosive liquid. The attackers took off with his expensive watch and phone before speeding off on a moped. […]
Read moreDiscount supermarket chain Aldi is withdrawing all eggs from sale at its more than 4,000 stores in Germany as a precaution, it said on Friday, as a scare over the possible contamination of eggs with insecticide spreads. Traces of insecticide fipronil were found in eggs in Belgium and the Netherlands last month, which has led […]
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Ireland floats special EU-UK customs union as way to break Brexit logjam
Irish Prime Minister Leo Varadkar called on Friday for the European Union and Britain to find “unique solutions” to their Brexit logjam, including a bespoke customs union. That would solve the problem of a hard border in Ireland once Britain has left the EU, something that is of great concern to Dublin. Varadkar, a new […]
Read moreOil market is expected to see a downward correction this quarter but Brent prices will move higher in the final quarter of this year, according to a research note from Barclays. “Prices have moved higher, due to a perfect combination of a favorable macro environment, a seasonal uptick in consumption, continued inventory drawdowns, and geopolitical […]
Read morePoland’s future within the EU has come under renewed uncertainty after the President of the European Council said the country’s “arrogant” rejection of EU law signals its desire to exit the union. Donald Tusk, Poland’s former Prime Minister, hit out at his home country’s ruling Law and Justice party Thursday, saying that its fragile relationship […]
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Allianz agrees joint venture to form the third-largest property and casualty insurance company in UK
German insurance titan Allianz said on Friday that it had agreed to create a joint venture and strategic partnership with British insurer LV= to form the third-largest property and casualty insurance company in the UK. Allianz will pay 500 million pounds ($657.35 million) in exchange for a 49 percent stake in LV=’s General insurance business, […]
Read moreHe’s the leader of the largest economy in the world, but President Donald Trump‘s inability to deliver on his aims has made him lose standing among some of his biggest rivals and most crucial diplomatic allies, according to one Chinese political analyst. “The evaluation of Trump, which certainly I get from a lot of Asians […]
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Swiss Re first-half profit drops by a third, prices keep falling in July
Swiss Re, the world’s second-largest reinsurer, wrote 10 percent less business during the July property and casualty contract renewal season as rates continued to decline, albeit at a slowing pace, it said on Friday. First-half net profit fell 35 percent to $1.2 billion, after claims from natural disasters such as Australia’s Cyclone Debbie compounded the […]
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Huge fire engulfs Dubai residential skyscraper — for the second time
A massive blaze was engulfing one of the world’s tallest residential buildings in Dubai early on Friday, residents said, but authorities said the tower had been evacuated and no injuries were reported. Flames shot up the sides of the Torch tower in the upscale Marina district in the second blaze at the building since 2015, […]
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