SAARC summit postponed amid rising Pakistani-Indian tensions
By Mehreen Zahra-Malik ISLAMABAD (Reuters) - A summit of South Asian Association for Regional Cooperation (SAARC) leaders set for Islamabad in November has been postponed indefinitely, the Pakistani government said on Friday, amid rising tension between arch-rivals India and Pakistan. India's foreign
Reuters
Bundesbank sees no need for global stimulus as recovery on track
Germany's central bank sees no need for a new global stimulus package as it expects the world's economy to continue to recover, Bundesbank board member Andreas Dombret said on Friday. The IMF has called on economies that have fiscal surpluses to spend more but its appeal has gone unheeded in
ReutersOpposition leader: Turkey is misusing its emergency powers
Turkey's opposition leader accused the government on Friday of using emergency powers from the aftermath of a failed coup to clamp down on dissenting voices, as authorities ordered 12 more news organizations ...
Associated PressPolice clear out Rome's 'Gloomy Street' migrant camp
By Steve Scherer ROME (Reuters) - Italian police on Friday cleared out the "Gloomy Street" transit camp in central Rome where thousands of migrants have slept over the past year as they made their way toward northern Europe. The Baobab centre near Rome's Tiburtina train station was shut
Reuters
Global stocks, euro rise as Deutsche Bank shares rebound
By Richard Leong NEW YORK (Reuters) - Stock prices across major markets stabilized on Friday, while the euro recovered as Deutsche Bank's shares clawed up from record lows on a report it is close to a ...
Reuters
Deutsche shares recover on hopes of reduced US fine
Speculation that Deutsche Bank (LSE: 0H7D.L - news) was on the verge of agreeing a reduced fine for alleged misconduct in the US helped its share price recover from new record lows on Friday. The stock initially opened 8% lower amid new fears about its funding - with a potential $14bn settlement for
Sky News
Europe's Rosetta probe lands on comet after 12 years
Collision with 67P, 720 million km away, marks final bid to gather closer than ever images of the ice-and-rock cluster.
Al Jazeera
U.N. rights forum sets up inquiry into killing, torture in Burundi
By Stephanie Nebehay GENEVA (Reuters) - The top U.N. human rights forum agreed on Friday to set up a commission of inquiry to identify perpetrators of killings and torture in Burundi and ensure that they are brought to justice. The panel would build on the work of U.N. experts who looked into the suspected
Reuters
Commerzbank targets 2 million new clients in job-cutting overhaul
Commerzbank (CBKG.DE) aims to add 2 million retail and small business customers over the next four years, part of a revamp to boost earnings that will also see it cut thousands of jobs. Germany's second biggest lender detailed its new strategy on Friday as the chief executive of Deutsche Bank (DBKGn.DE
Reuters
Renault promises total cooperation in emissions probe
An employee works at the production line of the new models Renault Megane and Renault Kadjar at the Villamuriel Renault factory, near Palencia in northern Spain
AFPAnger in Africa at U.S. police killing of Ugandan immigrant
By Elias Biryabarema GULU, Uganda (Reuters) - The killing of Alfred Olango by police officers in the United States this week provoked shock and anger in the Ugandan town he left more than two decades ago to escape poverty and conflict. It was the latest in a string of shootings of mostly unarmed black
ReutersDeutsche share woe: Boss writes to staff to insist bank is strong
The head of Deutsche insisted the bank was in rude financial health as he sought to draw a line under a week of turmoil.
Sky News
Greece says Erdogan's remarks on islands 'dangerous' to relations
Greece on Friday accused neighboring Turkey of endangering ties between the two NATO allies by questioning the wisdom of an almost century-old treaty that established the modern boundaries between the two countries. At a speech in Ankara on Thursday, Turkish President Tayyip Erdogan said the Treaty
Reuters
Duterte visit to China may lead to changing alliances in East Asia
By Manuel Mogato and Benjamin Kang Lim MANILA/BEIJING (Reuters) - Philippines President Rodrigo Duterte travels to China next month on a visit that could redraw alliances in East Asia after his incendiary comments about the United States and active courting of Washington's chief rivals. The friendly
Reuters
Merkel, Obama did not discuss Deutsche Bank in Thursday call - Berlin
Chancellor Angela Merkel and U.S. President Barack Obama did not discuss U.S. authorities' demands for Deutsche Bank (DBKGn.DE) to pay a fine of up to $14 billion (£10.80 billion) during a phone call on Thursday, a German spokeswoman said on Friday. "The conversation with Obama concerned Ukraine
Reuters
Deutsche lifted by CEO letter, settlement report
FRANKFURT/LONDON (Reuters) - A report that Deutsche Bank (DBKGn.DE) was close to a cut-price settlement with U.S. authorities over the sale of toxic mortgage bonds helped to fuel a recovery in its shares on Friday after its chief executive said the group remained stable. Deutsche, which is Germany'
ReutersObama: Peres won his wars but understood the need for peace
JERUSALEM (AP) — President Barack Obama hailed Shimon Peres Friday as a man who showed the world that justice and hope are at the heart of the Zionist ideal and saw "all people as deserving of dignity and respect."
Associated PressEurope's comet probe Rosetta ends 12-year mission with crash
After 12 years of hurtling through space in pursuit of a comet, the Rosetta probe ended its mission Friday with a slow-motion crash onto the icy surface of the alien world it was sent out to study. Mission ...
Associated Press
Pope calls for 'coexistence' at start of Caucasus tour
Pope Francis called Friday for respect of national sovereignty and "coexistence" as he arrived in Georgia but seemed to dodge potential Russian ire at the start of a visit to the volatile Caucasus region.
AFP
Rosetta crash-landing ends historic comet mission
Europe's pioneering Rosetta spacecraft dramatically concluded its 12-year odyssey Friday, crash-landing into the comet it orbited and probed for two years in a quest to demystify the Solar System's origins.
AFP
US teen summer program sparks national backlash in Cuba
HAVANA (AP) — A few months after President Barack Obama visited Cuba in March, a group of teenagers left the island for a month-long visit to the United States funded by the U.S. State Department.
Associated Press
Colombians vote Sunday on historic peace deal
Colombians vote in a referendum Sunday on whether to ratify a historic peace accord to end the 52-year war between the state and the communist FARC rebels.
AFPUN rights forum sets up inquiry into grave crimes in Burundi
The top U.N. human rights forum agreed on Friday to set up a commission of inquiry to identify perpetrators of alleged international crimes in Burundi, including killings and torture, and ensure that they are brought to justice. The 47-member state forum adopted a resolution submitted by the European
Reuters
Wall Street rallies as Deutsche Bank rebounds
Wall Street rallied on Friday as a bounce in Deutsche Bank shares powered financial stocks. Deutsche Bank's U.S.-listed shares surged as much as 15.2 percent after French news agency AFP reported that the bank was nearing an agreement with U.S. officials to pay $5.4 billion to settle charges related
Reuters
Pope in Caucasus: Let displaced Georgians return home
TBILISI, Georgia (AP) — Pope Francis arrived in Georgia on Friday and immediately backed the government's demand that Georgians displaced by a 2008 war with Russia be allowed to return home, as geopolitical issues overshadowed a visit aimed at improving ties with Orthodox Christians and Muslims.
Associated Press
