Italy’s biggest lender UniCredit has suffered attacks on client data, with around 400,000 of its Italian customers affected by unauthorised accesses of data, potentially including personal andbank account details, it said on Wednesday. No passwords were stolen in the attacks, which first occurred in September and October last year and then again in June and […]
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Italy's 'immortal' Silvio Berlusconi bouncing back in polls and could become kingmaker
The center-right party of Italian politician and ex-Prime Minister Silvio Berlusconi is leading voter polls in the country and could now be central to forming a new government in elections looking likely in early 2018, according to analysts. Despite a political career that has been plagued by corruption allegations and sex scandals, Berlusconi is seeing […]
Read moreSperm counts in men from America, Europe, Australia and New Zealand have dropped by more than 50 percent in less than 40 years, researchers said on Tuesday. They also said the rate of decline is not slowing. Both findings — in a meta-analysis bringing together various studies — pointed to a potential decline in male […]
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World's largest cement maker posts second-quarter earnings beat following Syria scandal
LafargeHolcim posted slightly better-than-expected second-quarter results on Wednesday as the world’s biggest cement maker sought to put a scandal over payments to armed groups in Syria behind it. The Franco-Swiss company reported adjusted operating profit of 1.735 billion Swiss francs ($1.82 billion) for the three months ended June 30, slightly ahead of the average estimate […]
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Venezuela enters crisis week as vote for new constituent assembly approaches
Venezuela’s President Nicolas Maduro is pressing ahead with a controversial election to form a new government that opponents and analysts fear will damage the country’s democracy and allow him to cement his leadership. The election for the National Constituent Assembly (ANC) will be held on Sunday, July 30, and opposition leaders are planning a week […]
Read moreU.S. President Donald Trump on Tuesday praised ongoing work on a post-Brexit trade deal with Britain while sharply criticizing the European Union’s trade relationship with the United States. “Working on major Trade Deal with the United Kingdom. Could be very big & exciting. JOBS! The E.U. is very protectionist with the U.S. STOP!” Trump wrote […]
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OPEC's best efforts continue to fail because oil prices have 'a life of their own'
OPEC‘s efforts to stimulate flagging prices are likely to fail once again because of its limited influence on the market, Mouhammed Choukeir, chief investment officer at Kleinwort Hambros, told CNBC on Tuesday. “Oil price has a life of its own…. You can see that since the beginning of the year clearly OPEC has tried its […]
Read moreGreece is making its return to the market Tuesday after a three-year absence with the sale of a five-year bond. Analysts have applauded the timing but caution the country is still in the hands of international creditors. The Greek Debt Agency is issuing a five year bond maturing in 2022 with a coupon rate of […]
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German business confidence reaches its highest level since country's reunification
German business confidence unexpectedly rose in July, a survey showed on Tuesday, hitting the third record high in as many months as Europe’s largest economy powered ahead and morale lifted across industry. The Munich-based Ifo economic institute said its business climate index, based on a monthly survey of some 7,000 firms, rose to 116.0 from […]
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Op-Ed: UK leadership battle could leave an awe-inspiring choice for a post-May prime minister
Entire libraries are replete with lengthy tomes that attempt to define the essence and significance of political leadership through the ages; whether it is innate or earned, the power it can wield for better or worse, and the varying role that it plays in diversely governed societies across the globe. But as we approach the […]
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