Any Russian response to fresh sanctions from the U.S. is unlikely to cause any major harm for American investors and could merely be a symbolic gesture, according to one political analyst. Moscow stepped up its war of words against Washington Wednesday after the U.S. House of Representatives voted overwhelmingly in favor of imposing new sanctions. […]
Read moreItaly’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 moreThe circumstances that brought down Malaysia Airlines flight MH370 remain one of the world’s greatest aviation mysteries, but the carrier’s chief executive said he believed a breakthrough can be made within the next four years. The plane, a Boeing 777, was carrying 239 people en route to Beijing from Kuala Lumpur when it vanished from […]
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 […]
Read moreSouth Korea is in no hurry to set up an advanced missile defense system designed to protect its shores from North Korean aggression despite fears of another intercontinental ballistic missile attack from its northern neighbor. In June, South Korean President Moon Jae-in suspended further installation of the $923 million Terminal High Altitude Area Defense, or […]
Read moreHyundai Motor’s bleak results stretched into a 14th straight quarter as political headwinds continued to drag down sales in China, its biggest market, and higher incentives failed to boost business in the United States. The South Korean firm — which together with affiliate Kia Motors is the world’s No.5 automaker together — has been betting […]
Read moreDaimler’s second-quarter operating profit rose 15 percent, below expectations, despite booming sales of the new Mercedes-Benz cars helping to lift margins in the autos business to 10.2 percent. Daimler’s group earnings before interest and taxes rose to 3.74 billion euros in the second-quarter, below the 3.807 billion euros seen in a Reuters poll of banks […]
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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 […]
Read moreThe key to building a successful start-up is understanding the value of time, according to 29-year-old Kavin Bharti Mittal, who is founder and CEO of Indian messaging platform Hike Messenger. Mittal started Hike in 2012 as an instant messaging app that has now evolved into a platform offering various services, including payments and news. The […]
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