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World - Afghan government loses 5 percent of territory in 4 months: U.S. government watchdog

By Idrees Ali WASHINGTON (Reuters) - The Afghan government lost control or influence of nearly 5 percent of its territory between January and May, the U.S government`s top watchdog on Afghanistan said in a report on Friday, an indication of the challenges its forces are facing. Fifteen years after the United States invaded Afghanistan to topple the Taliban rulers who had harbored al Qaeda militants who attacked the United States, the Taliban have made major gains and are estimated to control more territory than at any time since 2001. Washington has been training and equipping Afghan security forces in order to withdraw America troops from the country, but the Afghans remain short of personnel and hardware.

Friday, July 29, 2016  05:22


World - Thomas Cook cuts outlook on security risks

British travel operator Thomas Cook cut its annual outlook on Thursday, and blamed sliding sales after the Brussels terror attack and Turkey`s more recent turmoil. Thomas Cook added in a results statement that it made an operating loss of £25 million in the third quarter of its financial year, or three months to the end of June. Revenue slid eight percent to £1.85 billion in the reporting period, which it said reflected the `impact of Turkey and Brussels`.

Thursday, July 28, 2016  14:27


World - Vettel supports Hamilton in yellow-flag row

Sebastian Vettel backed world champion Lewis Hamilton`s opinion that Nico Rosberg should have been penalised for driving through yellow flags in qualifying at the Hungarian Grand Prix. The four-time world champion on Monday repeated the view of race winner Hamilton by saying that it was a bad example to other drivers. `And next week, there`ll be a go-kart race somewhere and there will be a double yellow flag because somebody went off and the marshals probably go out to help him.

Monday, July 25, 2016  17:06


Middle East - Iran`s President Is Confronted by Scandal Over Inflated Government Wages

President Hassan Rouhani is enduring a storm over disclosures showing astronomical bonuses and salaries paid to managers of state-run companies.

Monday, July 25, 2016  03:26


World - France`s EDF approves contested British nuclear plan

French energy giant EDF`s board on Thursday approved building Britain`s first nuclear power station in decades, a mammoth project which critics fear could bankrupt the French utility. EDF`s directors had been deeply divided over the planned construction of two nuclear reactors at Hinkley Point in southwest England for £18 billion (21.4 billion euros, $23.8 billion). In a letter seen by AFP, Gerard Magnin said he could no longer support France`s strategy to push nuclear energy at the expense of other options.

Thursday, July 28, 2016  21:30


World - France`s EDF board approves British nuclear plan: source close to talks

French energy giant EDF`s board gave the go-ahead Thursday to the building of a controversial nuclear power station in Britain which has faced fierce criticism over its £18 billion price tag, a source close to talks said. The planned construction of two nuclear reactors at Hinkley Point costing the equivalent of 21.4 billion euros ($23.8 billion) won the backing of the EDF board of directors, with 10 members voting in favour and seven against, the source said.

Thursday, July 28, 2016  18:14


World - Britain plans £344m expansion for London City Airport

The British government hailed a £344 million (410 million euro, $450 million) investment to expand London City Airport on Wednesday as evidence Britain was `open for business` despite its Brexit vote. Finance minister Philip Hammond was at the airport to cheer the announcement by the Canadian-Kuwaiti consortium which owns the airport, a business travel hub located close to Britain`s financial centre. The `ambitious growth plans will boost international connections, strengthening the City of London`s links to destinations across the world, and send a clear signal that Britain is open for business,` he said.

Wednesday, July 27, 2016  11:31


World - UK drugs giant GSK invests £275 mn despite Brexit

Pharmaceutical giant GlaxoSmithKline on Wednesday revealed plans to invest £275 million in three of its British manufacturing sites, shrugging off Brexit worries. The investment -- worth $361 million or 328 million euros -- will be ploughed into facilities in Barnard Castle in northeastern England, Ware in the southeast, and Montrose in Scotland, GSK said in a statement. GSK, which already employs 6,000 staff across its nine manufacturing plants in Britain, also noted that the investment would provide new job opportunities.

Wednesday, July 27, 2016  09:47


World - Dortmund dismiss City`s Aubameyang interest

Borussia Dortmund have dismissed reports that Pep Guardiola`s Manchester City are poised to offer at least £58 million (70m euros, $77m) for star striker Pierre-Emerick Aubameyang. According to British media, City are in advanced talks with the Gabon international, who scored 39 goals for Dortmund in all competitions last season as they finished runners-up to Bayern Munich in Germany`s top flight. `All these rumours have already followed us this summer,` Dortmund team manager Michael Zorc told German daily Bild.

Tuesday, July 26, 2016  12:53


World - Lyon reject Arsenal bid for Lacazette

Lyon (AFP) - French club Lyon said Tuesday they had rejected a 35-million-euro (£29 million, $39 million) bid from Arsenal for star striker Alexandre Lacazette.

Tuesday, July 26, 2016  12:44

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