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World - Magnitude 5.7 quake shakes southern Mexico, no damage reported

A 5.7 magnitude earthquake hit Mexico`s southern state of Oaxaca on Monday, the U.S. Geological Survey (USGS) said, shaking buildings as far away as Mexico City, but officials reported there were no immediate damages. The quake struck 10 kilometers (6 miles) north of the town of Pinotepa de Don Luis at a depth of 10 km (6 miles), the USGS said. `It felt horrible and very strong, and it felt like it lasted two or three minutes,` said a receptionist at the Hotel Las Gaviotas de Pinotepa in Oaxaca state, who declined to give her name.

Monday, June 27, 2016  23:22


World - Press hammer `clueless` England over Euro debacle

The British press slammed the England football team as clueless, shambolic and embarrassing after their humiliating 2-1 defeat by Iceland at Euro 2016 on Monday. The Daily Mail compared the defeat in Nice to England`s 1-0 loss to a part-time United States side at the 1950 World Cup in Brazil and the British referendum vote last week to leave the European Union. `A lot of people in England have been trying to turn back time over the last few days and Roy Hodgson managed to get it all the way back to Belo Horizonte in 1950,` mused the Mail.

Monday, June 27, 2016  23:38


Business - Global stocks extend losses, sterling near 30-year lows in Brexit aftermath

By Lisa Twaronite TOKYO (Reuters) - Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain`s shock vote to exit the European Union continued to roil financial markets. MSCI`s broadest index of Asia-Pacific shares outside Japan slumped 0.3 percent, after Wall Street marked its worst two-day drop in about 10 months. Japan`s Nikkei stock index was down 1.3 percent in early trading.

Tuesday, June 28, 2016  02:19


World - Ex-US soccer star Donovan getting comfortable on TV

Landon Donovan keeps thinking back to a lesson from the teacher in his high school speech class: `Speaking is 10 percent what you actually say, and 90 percent how you`re presenting it.`

Tuesday, June 28, 2016  01:25


World - NHL Hall of Fame calls for Lindros at last

Eric Lindros headlines the 2016 ice hockey Hall of Fame class announced on Monday, after missing out on five prior appearances on the ballot. `I haven`t stopped smiling,` Lindros, 43, said in a conference call to discuss his selection, along with that of Sergei Makarov and Rogie Vachon in the players category and the late Pat Quinn in the builders category. Lindros won one Hart Trophy as the NHL`s Most Valuable Player in 1995 and finished in the top-10 five times.

Tuesday, June 28, 2016  00:18


Business - Texas ex-tycoon Wyly ordered to pay $1.1 billion for tax fraud

A federal bankruptcy judge in Texas on Monday ordered former billionaire Sam Wyly to pay $1.11 billion in back taxes, interest and penalties after finding he committed tax fraud by shielding much of his family`s wealth in offshore trusts. U.S. Bankruptcy Judge Barbara Houser in Dallas calculated the payout after ruling on May 10 that Wyly and his late brother Charles conducted a `deceptive and fraudulent` scheme to cheat the Internal Revenue Service. A lawyer for Sam Wyly could not immediately be reached for comment.

Monday, June 27, 2016  23:42


Business - Facebook`s Slideshow feature takes on Apple Memories

In the battle for user-created content, Facebook makes Slideshow available to iPhone and iPad users ahead of Apple`s Memories feature in iOS 10.

Monday, June 27, 2016  23:12


Business - Facebook debuts hand-picked event listings in 10 cities

Tuesday, June 28, 2016  01:01


World - Italy finally ends its losing run against Spain with 2-0 win

SAINT-DENIS, France (AP) Spain`s era of dominance at the European Championship came to an end Monday when Italy beat the two-time defending champion 2-0 in the round of 16.

Monday, June 27, 2016  23:53


World - Bank of England `to provide` more than £250 bn

The Bank of England `stands ready to provide` more than £250 billion of funds to aid the smooth functioning of markets after the Brexit vote, governor Mark Carney said Friday. `As a backstop, and to support the functioning of markets, the Bank of England stands ready to provide more than £250 billion ($370 billion, 326 billion euros) of additional funds through its normal facilities,` Carney said in a televised statement. `The Bank of England is also able to provide substantial liquidity in foreign currency, if required,` he added.

Friday, June 24, 2016  09:26

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