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World - Russia turns back clocks to permanent Winter Time

Russia on Sunday is set to turn back its clocks to winter time permanently in a move backed by President Vladimir Putin, reversing a three-year experiment with non-stop summer time that proved highly unpopular. Russia will also tinker with its time zones in order to revert to the full 11 zones from Kamchatka in the Pacific to Kaliningrad on the borders of the European Union -- reduced to nine by previous president Dmitry Medvedev. In one of his highest-profile reforms, Medvedev had backed Russia`s move to permanent Summer Time (Greenwich Mean Time plus four hours) in 2011 on the basis that changing clocks upset people`s biorhythms and made for `unhappy cows`. Moskovsky Komsomolets daily ran a cartoon of man hanging himself on the hands of a clock, saying: `I`m so sick of you changing all the time.`

Saturday, October 25, 2014  20:51


Business - Deutsche Bank lawyer found dead by suicide in New York

BERLIN (Reuters) - A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the morning of Oct. 20 at his home in the New York borough of Brooklyn and pronounced dead on the scene, according to New York City police. Gambino was an associate general counsel and a managing director who worked for the German bank for 11 years, according to the Wall Street Journal, which first reported his death. ...

Saturday, October 25, 2014  17:48


World - Iraqi Kurdish forces retake town from jihadists

Iraqi Kurdish forces on Saturday retook the northern town of Zumar from Islamic State (IS) group jihadists after weeks of fighting, a senior officer said. `After clashes that began this morning and with American air support, we were able to force (IS) militants from the centre` of Zumar and 11 surrounding villages, Major General Karim Atuti of the peshmerga security forces told AFP. Kurdish forces have since regained some ground, but it has been slow going, and IS still holds significant areas in northern Iraq and elsewhere in the country.

Saturday, October 25, 2014  16:34


World - Atromitos draws 1-1 with Ergotelis in Greek league

ATHENS, Greece (AP) Bruno Halkiadakis` point-blank shot in the 78th minute gave Ergotelis a 1-1 draw at Atromitos in the Greek league Saturday.

Saturday, October 25, 2014  19:55


World - Blast outside Cairo University wounds 11: Officials

CAIRO (Reuters) - A bomb outside Cairo University wounded 11 people on Wednesday, among them several police officers, Egyptian officials said. The blast occurred in a square outside the university at the end of the school day. Six police officers and four civilians were wounded and transferred to hospitals, the interior ministry said in a statement. Later, a statement from the health ministry said the number of wounded had been increased to 11. ...

Friday, October 24, 2014  23:13


Business - Pfizer`s $11 billion buyback plan deflates AstraZeneca bid hopes

LONDON/NEW YORK (Reuters) - U.S. drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in AstraZeneca fell 1.2 percent by 0800 GMT on Friday following the news. The largest American pharmaceuticals company, whose shares gained more than 1 percent after the announcement late on Thursday, said the move was in addition to the $1.3 billion remaining on its current share buyback program. ...

Friday, October 24, 2014  09:19


World - 1 killed, 11 injured in German gas pipe explosion

BERLIN (AP) Authorities say one person was killed and 11 were injured in an explosion after a gas pipe was damaged during construction work in a western German city.

Thursday, October 23, 2014  15:58


World - Bloody day in Pakistan`s Quetta leaves 11 dead

At least 11 people were killed and 30 injured in a series of attacks in the southwestern Pakistani city of Quetta Thursday, including a suicide bombing at a rally by a leading religious political party. Maulana Fazlur Rehman, head of the Jamiat Ulema-e-Islam Fazl (JUI-F) party was leaving a rally in the capital of Pakistan`s restive Baluchistan province -- where he had addressed thousands of people -- when his car was targeted by a suicide bomber, officials said. Abdul Razaq Cheema, the city`s police chief told AFP: `It was a suicide attack.

Thursday, October 23, 2014  15:58


World - Royals beats Giants 7-2 to level World Series 1-1

KANSAS CITY, Missouri (AP) Billy Butler hit a tiebreaking single and Salvador Perez and Omar Infante drove in two runs each with big hits in a five-run sixth inning as the Kansas City Royals beat the San Francisco Giants 7-2 Wednesday night to level the World Series at one game apiece.

Thursday, October 23, 2014  05:21


Business - At least 11 banks to fail European stress tests: news agency Efe

MADRID (Reuters) - At least 11 banks from six European countries are set to fail a region-wide financial health check this weekend, Spanish news agency Efe reported, citing several unidentified financial sources. The results of the stress tests on 130 banks by the European Central Bank are due to be unveiled on Sunday. Four banks in Greece, three Italian lenders and two Austrian ones are among those that preliminary data showed had failed the tests, Efe said. ...

Wednesday, October 22, 2014  09:50

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