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World - German police tackle mass brawl at Berlin refugee shelter

Hundreds of refugees fought each other on Sunday in a mass brawl at a Berlin shelter and more than 100 police were called in to restore order, in an episode underlining the challenges Germany faces in handling hundreds of thousands of migrants. Although violent incidents in such centers are frequent, the chaos in the shelter at Berlin`s disused Tempelhof airport, which erupted as lunch was being served, was worse than normal. `There were apparently many hundreds of people involved,` a spokesman for the police told Reuters TV.

Sunday, November 29, 2015  19:18


World - Britain swings austerity axe but drops tax reform

Britain took the axe to spending Wednesday, fleshing out plans to slash welfare and eliminate the deficit, but dropped a controversial plan to cut tax credits for the poorest. Finance minister George Osborne spelled out his proposals for £12 billion (17 billion euros, $18 billion) of cuts to welfare spending and £20 billion of reductions to public expenditure, while raising £5.0 billion via a crackdown on tax avoidance. In recent months, Osborne had faced stiff opposition from even within his own Conservative Party over cuts to welfare and other social spending that some see as too swingeing.

Wednesday, November 25, 2015  15:03


World - Cost of replacing UK`s nuclear submarines goes up £6bn

The estimated cost of replacing the submarines which carry Britain`s nuclear weapons has shot up by £6 billion (8.5 billion euros, $9.0 billion), the government revealed Monday. On top of the £31 billion, the SDSR also factors in an extra £10 billion of `contingency` funding for the project. Britain currently has four submarines in its ageing Trident fleet, at least one of which is on patrol somewhere in the world 24 hours a day.

Monday, November 23, 2015  19:09


World - Struggling Chelsea announce £23m loss

Chelsea made a loss of £23.1 million ($34.9m, 32.9m euros) last season, the Premier League champions announced on Monday. The west London club revealed their annual financial results until June 30, 2015 and reported the deficit kept them within Financial Fair Play limits. The Blues, owned by Russian billionaire Roman Abramovich, announced revenues of £314.3m, marginally down on the 2013-14 high of £319.8m.

Monday, November 23, 2015  18:51


Business - Amazon`s new Fire TV can talk to your connected home

Amazon`s Echo speaker and 4K Fire TV just got much better at handling around-the-house tasks. The Fire TV now controls smart home devices with a simple voice command -- you can ask it to dim the lights ...

Sunday, November 29, 2015  06:56


World - Britain fines Barclays £72m over `elephant` deal

Britain`s financial regulator on Thursday fined Barclays bank £72 million ($109 million, 102 million euros) for failing to carry out proper checks on a vast so-called `elephant` deal for ultra-wealthy clients. The Financial Conduct Authority said Barclays rushed through a huge £1.88-billion transaction in order to secure fees from a number of very rich customers. `The clients involved were politically exposed persons and should therefore have been subject to enhanced levels of due diligence and monitoring by Barclays,` the FCA added in a statement.

Thursday, November 26, 2015  17:55


World - UK swings austerity axe but spares key welfare scheme, police

Unveiling a budget update, finance minister George Osborne said the government, which is borrowing £73.5 billion (105 billion euros, $110 billion) this year, is on track to balance its books by 2019-20. This will be achieved through the most significant belt-tightening in a generation which includes reducing welfare by £12 billion and the budgets of some government departments by up to 37 percent. Opponents of the move, including many within his own centre-right Conservative party as well as the main opposition Labour party under Jeremy Corbyn, said it would have left over three million families worse off.

Wednesday, November 25, 2015  16:34


Business - DisneyLife rolls movies, music and more into a £10 subscription

Right on schedule, Disney has launched its own streaming service in the UK. For 9.99 per month you`ll gain access to many of the company`s animated classics, such as The Lion King, Aladdin and The Jungle ...

Monday, November 23, 2015  17:39


Asia-Pacific - Beijing issues severe smog warning

Authorities in the Chinese capital Beijing issue their highest smog alert so far this year after pollution readings reach 17 times safe levels.

Sunday, November 29, 2015  11:45


Sports - Spurs send defensive message in win over Hawks

(The Sports Xchange) - Defense is usually an aspect that San Antonio rounds into form as the year progresses but through their first 17 games the Spurs are ahead of schedule, a sign of trouble for the rest of the NBA. Forward Kawhi Leonard poured in 22 points and six San Antonio players scored in double-figures as the Spurs waylaid the Atlanta Hawks 108-88 on Saturday to remain undefeated at home. Leonard, who did most of his damage with 15 points in the first half, led the Spurs in scoring for the sixth straight game.

Sunday, November 29, 2015  06:20

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