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World - Britain announces investment in Scottish naval base

Scotland`s Faslane naval base is to receive £500 million ($770 million, 688 million euros) in investment over 10 years, the British government has announced. The site of Britain`s Trident submarine nuclear deterrent, Faslane is to receive investment in ship lifts, sea walls, jetties and other projects from 2017, with jobs at the base increasing to 8,200 by 2022 from 6,700, according to a statement. `Today`s announcement of more than £500 million demonstrates the UK government`s commitment to investing in the infrastructure and capability to ensure that Faslane remains the centre of UK submarine operations for the next generation,` Chancellor of Exchequer George Osborne said in a statement.

Monday, August 31, 2015  02:11


World - Mamma Mia! ABBA`s piano up for auction

The piano that featured in many of ABBA`s greatest hits is going under the hammer next month in London, auctioneers Sotheby`s said Thursday. The instrument is estimated to fetch between £600,000 and £800,000 ($925,000-$1.24 million, 820,000-1.1 million euros) when it goes on sale on September 29. Swedish pop foursome ABBA dominated the 1970s disco scene with their catchy songs.

Thursday, August 27, 2015  16:27


World - Spurs sign South Korea`s Son for reported £22 mn

Tottenham Hotspur have signed South Korea forward Son Heung-min from Germans Bayer Leverkusen, the English Premier League club announced Friday. Son scored 29 goals in 87 appearances for Leverkusen after joining from domestic rivals Hamburg in 2013 for 10 million euros. Leverkusen have already signed his replacement in Slovenia international Kevin Kampl from Borussia Dortmund.

Friday, August 28, 2015  12:16


World - De Bruyne to join Man City for 74 mn euros: reports

Kevin de Bruyne`s transfer from Wolfsburg to Manchester City is set to be completed for a new Bundesliga record of 74 million euros ($83.64 million, £54 million), according to German reports on Thursday. German daily Bild, football magazine Kicker and local paper the Wolfsburger Allgemeine Zeitung all report the deal is set to be finalised once De Bruyne passes a medical check in Manchester. The transfer fee quoted, which could rise to 80 million euros with bonuses, is set to smash the previous Bundesliga record when Liverpool paid Hoffenheim 41 million for Brazil striker Roberto Firmino in July.

Thursday, August 27, 2015  10:25


World - UK insurer RSA says receives £5.6bn bid from Zurich

British insurer Royal & Sun Alliance said on Tuesday it has received a £5.6-billion ($8.8-billion, 7.7-billion-euro) takeover approach from Swiss rival Zurich Insurance. RSA announced in a statement that Zurich has made an informal bid of 550 pence per share, adding that the pair are now in talks. `The board has indicated to Zurich that it would be willing to recommend an offer at the level of the possible offer to RSA shareholders subject to the satisfactory resolution of the other terms of the offer,` the British firm said in a statement.

Tuesday, August 25, 2015  08:44


World - Pakistan suspends execution ordered by military court after legal challenge

By Jibran Ahmed PESHAWAR, Pakistan (Reuters) - The execution of a civilian sentenced to death on terrorism charges by a military court in Pakistan was suspended on Tuesday, in a first challenge after the Supreme Court`s approval of such hearings. Peshawar High Court halted the sentence, demanding to know from military and government officials more details on the basis on which Haider Ali was arrested as a 14-year-old in 2009 and later convicted, his lawyer, Malik Muhammad Ajmal, said. The military says Ali is a `hard core terrorist`, and that he was convicted of involvement in suicide bombings and acts of terrorism, according to a statement released when he was convicted in April.

Tuesday, August 25, 2015  16:32


World - Saudis have made repeated small incursions into Yemen-coalition spokesman

Saudi Arabian forces have made repeated small incursions across the border with Yemen in response to attacks since the start of airstrikes against Houthi forces on March 26, the Saudi-led coalition said on Sunday. Attacks on Saudi border positions by the Houthis or their allies, army units loyal to former president Ali Abdullah Saleh, have increased since coalition-backed forces regained control of Aden last month and advanced northwards. It happens from time to time but is not significant,` coalition spokesman Brigadier Ahmed Asseri said.

Sunday, August 30, 2015  18:07


World - Sudan`s Bashir to visit China in rare long-distance trip

Sudanese President Omar al-Bashir is to make a rare long-distance visit to China, the foreign ministry said Sunday, despite an International Criminal Court indictment for alleged war crimes in Darfur. Bashir is to attend September 3 celebrations marking Japan`s defeat in World War II and meet his Chinese counterpart, a foreign ministry spokesman said. `President Bashir will travel to China tomorrow (Monday) on a visit lasting four days,` Ali al-Sadeq told reporters.

Sunday, August 30, 2015  14:46


World - Thousands protest against corruption in Iraq capital

Protesters have taken to the streets of Baghdad and cities in the Shiite south for weeks, railing against rampant corruption and abysmal services, especially power outages that leave just a few hours of government-supplied electricity per day during the scorching summer heat. Prime Minister Haider al-Abadi has responded to the demonstrations and a call from Iraq`s top Shiite cleric, Grand Ayatollah Ali al-Sistani, with a reform programme aimed at curbing corruption and streamlining the government, but it is still in its early stages. At Friday`s demonstration, hundreds waved Iraqi flags and chanted anti-corruption slogans as in previous weeks, but this time the crowd also included supporters of Sadr, responding to his call to take part.

Friday, August 28, 2015  20:20


World - Nationalist and pro-Kurdish opposition given Turkish cabinet posts

ANKARA (Reuters) - Turkish Prime Minister Ahmet Davutoglu named an interim power-sharing cabinet on Friday, appointing one nationalist and two pro-Kurdish opposition politicians to ministerial posts, but leaving his finance and economy ministers unchanged. Tugrul Turkes, son of the founder of the nationalist opposition MHP, was named as one of four deputy prime ministers. Ali Haydar Konca and Muslum Dogan, members of the pro-Kurdish HDP, were named EU minister and development minister respectively. ...

Friday, August 28, 2015  19:26

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