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World - UK court convicts Belgian linked to Brussels, Paris attacks suspect

A British court on Tuesday convicted a Belgian man living in Birmingham of giving money to Brussels and Paris terror attacks suspect Mohamed Abrini. Zakaria Boufassil handed £3,000 ($3,770, 3,550 euros) in cash to Abrini when the latter visited the city in central England in July 2015, with the knowledge that it would be used for terrorism, the court found. Testifying at Kingston Crown Court in London last week, the 26-year-old admitted to meeting Abrini and to holding the money for his conspirator, Mohamed Ali Ahmed, but said he had `no idea` of its intended use.

Tuesday, December 06, 2016  14:18


World - UK financial sector makes record tax contribution: study

Britain`s financial services paid a record amount in taxes last year, new figures revealed Tuesday, emphasising the sector`s importance as the country prepares to withdraw from the European Union. The sector`s total tax contribution reached £71.4 billion (84.7 billion euros, $90.9 billion) in the year to March 31, up 7.4 percent on the previous year, the study by consultancy PwC for the City of London Corporation showed. The figures represent 11.5 percent of the British government`s total tax receipts over the 12-month period and the equivalent of almost a quarter (23.3 percent) of financial services` turnover.

Tuesday, December 06, 2016  14:09


Top Stories - The Cold War: Then and now

Syria, Crimea, suspicions of state-sponsored hacking: Today, tensions between the US and Russia have been reignited. But are we on the verge of a second Cold War?

Wednesday, December 07, 2016  08:44


Business - Oil slips on doubts output cut will end global glut

Oil prices slipped on Wednesday on doubts that promised production cuts by OPEC and Russia would be deep enough to end a supply overhang that has weighed on the markets for more than two years. North Sea Brent crude was down 30 cents a barrel at $53.63 by 0840 GMT. Oil prices surged as much as 19 percent after the Organization of the Petroleum Exporting Countries and Russia announced last week that they would cut production next year in an effort to prop up markets.

Wednesday, December 07, 2016  09:05


World - At least one dead after strong quake hits Indonesia`s Aceh

By Kanupriya Kapoor and Fergus Jensen JAKARTA (Reuters) - Indonesian search and rescue teams used earth movers to clear rubble after dozens of buildings collapsed in the northern province of Aceh when a 6.4 magnitude earthquake struck on Wednesday, killing at least one person. `The earthquake was felt strongly and many people panicked and rushed outdoors as houses collapsed,` Sutopo Nugroho of the national disaster management agency said in a statement. Some media reports in Indonesia quoted Aceh officials as saying at least 18 people had been confirmed dead and 30 injured.

Wednesday, December 07, 2016  03:31

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