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Deutsche Bank barely ekes out profit in 2nd quarter
BERLIN (AP) Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain's vote on European Union membership weighed on markets. Wed, 27 Jul 2016 05:24:42 -0400
Turkey issues warrants for 47 ex-staff of Zaman newspaper
News ImageTurkey issued arrest warrants Wednesday for 47 former staff of the Zaman newspaper, an official said, in a growing crackdown on citizens suspected of links to alleged coup mastermind Fethullah Gulen. The official, declining to be named, said the swoop covers "executives and some staff including columnists", describing Zaman as the "flagship media organisation" of the movement led by Gulen, a US-based preacher. In the attempted coup of July 15, renegade soldiers sought to topple President Recep Tayyip Erdogan but were stopped by crowds of civilians and loyalist security forces.
Wed, 27 Jul 2016 05:23:12 -0400
Thousands of Mugabe supporters gather in Zimbabwe's capital
HARARE, Zimbabwe (AP) Zimbabwe's President Robert Mugabe has rallied thousands of supporters including some who fought in the 1970s independence war in response to harsh criticism he received last week from a previously loyal group of veterans. Wed, 27 Jul 2016 05:23:04 -0400
Lower oil prices push Norway's Statoil to Q2 loss
COPENHAGEN, Denmark (AP) Norwegian oil and gas company Statoil ASA posted a loss in the second quarter, pushing it to rein in investment this year. Wed, 27 Jul 2016 05:21:25 -0400
Hiroshima unhappy atomic-bomb park is 'Pokemon Go' site
News ImageTOKYO (AP) "Pokemon Go" players are descending on an atomic bomb memorial park in Hiroshima, and officials of the western Japanese city are displeased.
Wed, 27 Jul 2016 05:16:30 -0400
Ships rescue 46 people from sinking boat off Alaska islands
ANCHORAGE, Alaska (AP) Two ships brought 46 people to safety after they abandoned their sinking fishing boat and boarded life rafts off Alaska's Aleutian Islands. Wed, 27 Jul 2016 05:10:42 -0400
Pilgrims in Poland readying to welcome Pope Francis
News ImageKRAKOW, Poland (AP) Colourful groups of cheerful young pilgrims from around the globe are in the streets of Krakow, in southern Poland, just hours before Pope Francis arrives to join the celebrations of World Youth Day, a major gathering of Catholics.
Wed, 27 Jul 2016 05:07:34 -0400
Air France warns of drop in travel to France after attacks
News ImagePARIS (AP) Air France, facing a strike by cabin crew at the height of the summer vacation season, is warning of pressure on its finances amid concerns about France as a tourist destination after a string of deadly attacks.
Wed, 27 Jul 2016 05:07:18 -0400
Malaysia Airlines inks $2.75B deal for 50 Boeing Max jets
News ImageKUALA LUMPUR, Malaysia (AP) Malaysia Airlines said Wednesday it has agreed to buy up to 50 Boeing Max planes in a deal worth $2.75 billion as part of its fleet renewal and said it hopes to relist on the stock exchange by 2019.
Wed, 27 Jul 2016 05:06:37 -0400
Japan PM unveils more than $266 bn stimulus
News ImageJapan's government Wednesday announced a stimulus package worth more than 28 trillion yen ($266 billion) in its latest attempt to fire up the lukewarm economy, with the central bank expected to unveil its own measures this week. Policymakers are under pressure to boost growth as Prime Minister Shinzo Abe's 'Abenomics' plan to kickstart the world's number three economy comes under threat from poor data and sagging business confidence. Abe confirmed the new plan Wednesday but gave few details, except to say about half the total would be fiscal measures including government spending.
Wed, 27 Jul 2016 05:01:18 -0400
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