Politics

Saturday, September 26th 2015 - 09:04 UTC
Bill & Melinda Gates foundation sues Petrobras alleging 'pervasive bribery'

Bill & Melinda Gates Foundation have sued Petrobras to recoup stock losses stemming from a corruption scandal at the state-run oil company.
Saturday, September 26th 2015 - 08:55 UTC
Minister Swire opens Minas Gerais Consulate General, ahead of Rio 2016 Olympics

The United Kingdom preparing for Rio Olympics 2016 with a new pilot Consulate General in Belo Horizonte to make the most of trade and business opportunities ahead of the Games.
Saturday, September 26th 2015 - 08:35 UTC
“The human element in shipping” was underlined by UN on World Maritime Day

School children from local and international schools based in London attended an informative session at the International Maritime Organization (IMO) Headquarters as part of the celebrations of World Maritime Day, under the theme “Maritime education and training.”
Saturday, September 26th 2015 - 08:08 UTC
US and China pledge not to conduct or sponsor 'knowingly' cyber-theft

United States President Barack Obama and his Chinese counterpart Xi Jinping have agreed that neither country's government will conduct or “knowingly” support cyber theft of intellectual property or commercial trade secrets, an issue that has been a source of tensions.
Friday, September 25th 2015 - 23:14 UTC
“My most urgent task is to win back trust for the VW Group” said new CEO Mueller

Matthias Mueller has been named as Volkswagen (VW) chief executive in the wake of the scandal of rigged emissions tests in diesel cars. He succeeds Martin Winterkorn, who resigned on Wednesday. Mr. Mueller is a veteran hand of the company and was head of Posche's sports car division.
Friday, September 25th 2015 - 22:57 UTC
Tremor in FIFA: Swiss prosecutors open criminal proceedings against Blatter; Platini questioned

President Michel Platini says a payment to him being looked into by Swiss authorities was for work carried out under contract at FIFA. FIFA president Sepp Blatter has been questioned by Swiss federal police over alleged financial corruption. The attorney general's office in Switzerland said it has opened criminal proceedings against Blatter over possible criminal mismanagement and misappropriation of FIFA money.
Friday, September 25th 2015 - 07:52 UTC
New York cheers Francis; today he addresses UN General Assembly

Pope Francis kicked off his second United States stop in New York City with a Thursday evening prayer at St. Patrick's Cathedral, one of the United States best-known churches. Thousands of people lined up along Fifth Avenue to greet him with cheers as he made his way in his open-sided popemobile to the center of one of the US largest Roman Catholic archdioceses.
Friday, September 25th 2015 - 07:42 UTC
Francis pleaded for immigrants and praised creation and distribution of wealth

The past, the promise and the potential of the United States must not be smothered by bickering and even hatred at a time when the U.S. people and indeed the world need a helping hand, Pope Francis told the U.S. Congress on Thursday.
Friday, September 25th 2015 - 07:26 UTC
Argentina remains 'reluctant' and has 'reserves' about a trade accord Mercosur/ Europe

Mercosur foreign ministers meeting held this week in Paraguay to decide on the proposal to present the European Union for a trade agreement, apparently was not as “satisfactory” as announced because of Argentina's reluctance and 'reserves' about opening its market to the EU.
Friday, September 25th 2015 - 07:17 UTC
Brazil's Real recovers ground after Central bank promises to use all 'instruments available'

Brazil's depressed currency rebounded Thursday after the head of its central bank vowed to use all instruments in its arsenal to curtail the Real's collapse. Earlier in the day the Real tumbled to an all-time low of 4.248 to the U.S. dollar, but bounced back to 4.023 after central bank President Alexandre Tombini, in an unscheduled press briefing, did not rule out selling part of the country's $371 billion foreign reserves to calm the exchange rate market.