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Yahoo

World - Brexit weakens finance minister Osborne`s leadership chances, says senior Conservative


British finance minister George Osborne`s chances of succeeding Prime Minister David Cameron have been `much weakened` by the country`s decision to quit the European Union, senior Conservative Party member Alan Duncan said on Saturday. `Remain` campaigner Osborne, Cameron`s political ally and finance minister since 2010, had been seen as the frontrunner to become the party`s next leader. Chief Brexit campaigner Boris Johnson is now favorite to become prime minister in a leadership contest which will be concluded by October.


Saturday, June 25, 2016  10:10

Yahoo

Business - China-backed AIIB seeks cooperation, looks to add new members


The China-led Asian Infrastructure Investment Bank (AIIB) stressed its plan to cooperate with other development banks at its first annual meeting in Beijing on Saturday, and said it was taking applications for new members. The bank`s board approved its first four deals worth $509 million on Friday, with three projects co-financed with the World Bank, the Asian Development Bank, the United Kingdom Department for International Development and the European Bank for Reconstruction and Development. A power grid upgrade project in Bangladesh will be solely financed by AIIB.


Saturday, June 25, 2016  09:36

Yahoo

World - The Latest: France says British vote echoes across planet


The Latest on Britain`s historic vote to leave the European Union (all times local): 10:05 a.m. French President Francois Hollande says the British vote to leave the European Union poses questions `for ...


Saturday, June 25, 2016  10:17

Yahoo

Business - Wall Street eyes low rates, earnings after Brexit rout


U.S. companies do stand to lose from Britain`s divorce from the EU, a process expected to take two years to negotiate. Fed Chair Janet Yellen is scheduled to speak at an event in Portugal on Wednesday and investors will want to know how she sees the so-called Brexit changing the outlook for the U.S. economy and interest rates.


Saturday, June 25, 2016  09:17

Yahoo

World - Debris in Tanzania to be examined for link to missing MH370 - report


A new piece of debris found in Tanzania will be examined for a possible link to the missing Malaysia Airlines flight MH370, Malaysian state news agency Bernama cited the country`s transport minister as saying on Saturday. `This debris is quite large... only if it is confirmed to be that of Boeing 777 will we send an investigation team there to study whether it really belonged to MH370 or not,` Malaysian transport minister Liow Tiong Lai was quoted as saying. Flight MH370 disappeared in March 2014 with 239 passengers and crew on board shortly after taking off from Kuala Lumpur bound for Beijing.


Saturday, June 25, 2016  09:15

CNN

Personel Finance - Should I open up a credit card in college?


Opening up a credit card in college can help establish a solid credit history -- but be sure to use it responsibly.


Saturday, June 25, 2016  03:25

Yahoo

Business - iPhone 7 will get a larger camera, according to spy shot



Saturday, June 25, 2016  11:12

Yahoo

World - G7 to issue statement if Britain votes to exit EU: sources


Group of Seven finance leaders will issue a statement stressing their readiness to take all necessary steps to calm markets if Britain votes to exit the European Union, said government officials with direct knowledge of the preparations. Finance authorities of the G7 advanced economies are negotiating a draft of the statement that would be issued shortly after Thursday`s referendum results become clear, the officials said on condition of anonymity due to the sensitivity of the matter. Japanese Finance Minister Taro Aso may also issue a separate statement to prevent a Brexit vote from triggering excessive yen rises, the officials said.


Thursday, June 23, 2016  01:33

Yahoo

World - Egypt court overturns freeze of football star`s assets


An Egyptian court on Tuesday overturned a freeze on the assets of former football star Mohamed Aboutrika, imposed on suspicions he financed the banned Muslim Brotherhood, a judge said. In 2015 a government committee blocked the assets of the former player for Cairo-based club Al-Ahly and Egypt`s national team, two years after he retired. On Tuesday an administrative court reversed the decision, one of the judges, who did not want to be named, told AFP.


Tuesday, June 21, 2016  19:24

Yahoo

World - Singapore finance minister Heng discharged from hospital after recovery from stroke


Singapore Finance Minister Heng Swee Keat, who suffered from a stroke last month, has been discharged from hospital but will remain on a medical leave, the government said. Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Tharman Shanmugaratnam, will continue to cover Heng`s duties, a statement from the prime minister`s office said. Heng`s doctors have advised him against receiving visitors for the time being to minimize the risk of infection, the statement said.


Saturday, June 25, 2016  06:19

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