As the German election campaign gets more robust in the run-up to September 24, you will probably see the euro issues moving center stage. The Socialist challenger Martin Schultz unsuccessfully tried to attack using Germany’s contested migration/refugee policies. He is now turning to the future of the monetary union and the damage caused by a […]
Read moreA 34-year-old man opened fire in a nightclub in the southern German city of Konstanz on Sunday, killing one person and seriously injuring three others, police said. The suspect suffered life-threatening injuries in a gunfight with police officers outside the music venue after they had rushed to the scene shortly after the incident around 0230 […]
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Hamburg knife attacker, who killed 1 and injured 6, was known to authorities as Islamist, minister says
The 26-year-old migrant who killed one person and injured six others in a knife attack in a Hamburg supermarket on Friday was known to German security forces as an Islamist, the city-state’s interior minister said. Andy Grote told a news conference on Saturday that an initial investigation found that the man, an asylum seeker who […]
Read morePakistan is likely to face serious political and economic instability after the country’s three-time Prime Minister Nawaz Sharif is ousted from power by the Supreme Court following a corruption investigation into his family’s wealth. “He is no more eligible to be an honest member of the parliament, and he ceases to be holding the office […]
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Swiss franc on track for biggest drop in six years and the devaluation has further to run, say analysts
The Swiss franc was on track for its biggest monthly drop in six years Friday after it recorded a fourth consecutive day of losses, prompting analysts to suggest that the appreciation of the “safe haven” currency may be losing steam. The sudden drop came as a surprise to investors given the Swiss currency’s reputation for […]
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AstraZeneca's dramatic share dive amid drug trial setback 'not justified', says star stock picker
AstraZeneca saw more than £10 billion ($13.08 billion) wiped off its market value on Thursday, yet one of Britain’s most influential investors argued the pharma giant’s investment case remains “very, very attractive.” Shares in the ailing Anglo-Swedish pharmaceuticals group tumbled almost 16 percent Thursday, hitting its lowest level in five months after the firm announced […]
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Ferrari driver wrecks $288,000 supercar just an hour after he bought it
A driver in the United Kingdom has destroyed his £220,000 ($288,000) supercar in an accident after owning it for just one hour. Police in South Yorkshire said the driver was able to walk away with just cuts and bruises after the Ferrari 430 “went airborne and burst into flames” in South Yorkshire on Thursday. In […]
Read moreA commuter train crashed into a buffer in Barcelona’s Francia terminus on Friday morning, injuring at least 54 people, one of them seriously, emergency services said on Friday. The force of the crash crumpled the front of the train against the buffer and detached a sheet of metal. Twenty of the injured, including the driver, […]
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Regular drinking can reduce risk of developing diabetes, study suggests
Drinking alcohol three to four times per week could significantly reduce a person’s chances of developing diabetes, according to a new study. Wine is tipped to be the most beneficial, followed by beer, but researchers warn that clear spirits, such as gin and vodka, could substantially increase a woman’s chances of succumbing to the condition. […]
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British Airways-owner IAG forecasts double-digit rise in full-year operating profit
British Airways owner IAG said on Friday that it expects operating profit for 2017 to show a double-digit percentage improvement following a strong second quarter, despite a massive power outage which grounded some flights. IAG said that operating profit for the six months to June 30 was 975 million euros, up 37.3 per cent compared […]
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