Business

Markets steady as Italian fears ease

[ad_1] Image copyright Getty Images European stock markets made a modest recovery and the euro rose on Wednesday as fears over political turmoil in the eurozone's third-largest economy eased.Milan jumped 1% and London and Frankfurt were all higher after sharp falls on Tuesday.Paris was dragged lower, meanwhile, by a sell-off in French banks amid concerns about their exposure to Italy. A successful sale of Italian government bonds was a further
UK News

British national dies in Dalaman airport in south west Turkey

[ad_1] A British national has died at Dalaman airport in south west Turkey.A spokesman for the Foreign Office said: "We are supporting the family of a British man following his death in Turkey."He said officials were in touch with local authorities investigating the death.The Foreign Office did not name the man, but Turkish media said the 30-year-old died following a fall.According to local news agency Dogan, the man had been
Business

Putin critic Bill Browder freed after brief arrest in Spain

[ad_1] Image copyright EPA Image caption Mr Browder has campaigned against corruption in Russia for years Financier Bill Browder, a high-profile critic of Russian President Vladimir Putin, has been briefly arrested in Spain on a Russian arrest warrant.After an hour in custody he was released because the warrant was no longer valid, Spanish police said.Mr Browder earlier tweeted that he had been arrested on a Russian Interpol arrest warrant.Interpol rejected
UK News

Chris Grayling says GTR ‘failed passengers’

[ad_1] Image copyright Susan Ramsdale Image caption Rail passengers, such as these at Manchester Piccadilly, faced huge delays on "Meltdown Monday" The transport secretary says the "rail industry has collectively failed" passengers when timetable changes caused chaos across the network.Chris Grayling wrote to MPs over the "wholly unsatisfactory" service from Govia Thameslink Railway (GTR) as many trains in and out of south-east England suffered "Meltdown Monday" on 21 May.GTR said
Business

Bill Browder arrested in Spain on Russian warrant

[ad_1] Image copyright EPA Image caption Mr Browder has campaigned against corruption in Russia for years Financier Bill Browder, a high-profile critic of Russian President Vladimir Putin, has been arrested in Spain.Mr Browder was sentenced to nine years in prison by a Russian court late last year, on fraud and tax evasion charges.Interpol had previously refused to enforce a similar 2013 sentence for Mr Browder, deeming it "predominantly political in
Business

RBS finance chief quits the bank

[ad_1] Image copyright AFP The chief financial officer of Royal Bank of Scotland (RBS) has resigned after four years in the job.The bank, which is 72% owned by UK taxpayers, said Ewen Stevenson would "take up an opportunity elsewhere".Mr Stevenson had previously been tipped as a potential successor to Ross McKewan as RBS chief executive. The announcement comes amid reports that the government could announce the sale of part of
India Top News

Indian Ocean: Indonesia, India plan to develop strategic Indian Ocean port | India News

[ad_1] JAKARTA: Indonesia and India pledged on Wednesday to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Prime Minister Narendra Modi + to discuss, among other issues, developing infrastructure and an economic zone at Sabang, on the tip of Sumatra island and at
India Top News

gdp: Sexual violence is holding back the rise of India’s economy

[ad_1] NEW DELHI: There are two things New Delhi marketing executive Khyati Malhotra never leaves home without: Her taser and a pepper spray. It’s just part of the investment she makes to stay safe in a country where crimes reported against women have surged over 80 per cent in a decade and deadly cases of sexual violence often roil cities and villages. So a chunk of Malhotra’s salary goes into
Business

Sorrell set for comeback with new advertising venture

[ad_1] Image copyright Reuters Sir Martin Sorrell is set for a return to the London stock market just weeks after leaving advertising giant WPP.He is taking charge of a shell company, Derriston Capital, which will become a new advertising venture, S4 Capital.Sir Martin, 73, the driving force behind 33 years of dealmaking at WPP, stepped down in April after the board investigated claims of misconduct.He said S4 Capital aimed to
UK News

Don’t buy tickets from Viagogo, minister warns

[ad_1] Image copyright Getty Images A minister has told consumers not to use Viagogo, one of the big four secondary ticket resellers.Digital Minister Margot James said if fans had to use a secondary site to buy tickets, "don't choose Viagogo - they are the worst". Her warning comes after the Advertising Standards Authority said Viagogo was breaking UK advertising rules by failing to make additional fees clear.The Geneva-based firm was