Archive of 13 June 2014

Greek navy to fast-track long-delayed submarine order

ATHENS: Greece's navy on Friday said it would complete a long-delayed submarine order that has sparked multi-billion-euro litigation between Athens and leading German and Arab...

'Industrial scale poaching' threatens African elephants: CITES

GENEVA: Entire elephant populations are dying out in many African countries due to poaching on a massive scale, wildlife regulator CITES warned Friday, while also...

Another BNP exec departs under US pressure: sources

NEW YORK: Another top BNP Paribas executive has resigned as the French bank tries to satisfy US regulators seeking to punish it dearly for alleged...

Yen slips as BoJ calls for more reform in Tokyo

WASHINGTON: The yen slipped against the dollar and euro Friday after Bank of Japan governor Haruhiko Kuroda called for the government to implement reforms to...

US will help but Iraq must mend divisions

WASHINGTON: The United States may take military action to support Baghdad in its battle against Rebels but only if Iraq takes steps to heal its...

US kicks off evaluation of offshore oil, gas leases

WASHINGTON: The US Department of the Interior took its first steps on Friday to develop the next five-year schedule of offshore oil and gas lease...

US stocks finish higher despite Iraq fears

NEW YORK: US stocks on Friday finished higher as investors weighed the implications of escalating sectarian violence in Iraq that has lifted oil prices to...

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