The Hong Kong government has approved over USD 900,000 for relief and rehabilitation work in cyclone-hit Odisha that could benefit around 45,100 victims, China's official media reported . 'Very severe cyclonic storm' Fani battered Odisha in May and killed 64 people and damaged more than five ...

Deutsche Bank announced that it will pull out of its global equities sales and trading business as part of a sweeping restructuring plan to improve profitability. The bank will also slash 18,000 jobs for a global headcount of around 74,000 employees by 2022. The bank aims to reduce costs by 6 ...

The European Council proposed German Defense Minister Ursula von der Leyen to become European Commission president, European Council President Donald Tusk said. Von der Leyen, a member of German Chancellor Angela Merkel's conservatives (CDU/CSU), would be the first female Commission ...

After China and Ukraine, India will host 3rd International Sunflower Seed and Oil Conference (ISSOC) 2019 on July 19 and 20 in Mumbai. The conference, hosted by Solvent Extractors' Association of India (SEA), will see participation from global industry leaders, experts, researchers, and government ...

Pakistan's Prime Minister Imran Khan will meet US President Donald Trump on July 22, Foreign Office spokesperson Mohammad Faisal said on Thursday. Khan will be visiting Washington on the invitation of Trump, Faisal said at a press conference, adding that during the visit the focus will be on ...

International Monetary Fund Managing Director Christine Lagarde was nominated as the president of the European Central Bank, following which she announced to temporarily relinquish her responsibilities as head of IMF. The nomination means Lagarde will step down two years before the end of her ...

The surprise choice of German Defence Minister Ursula von der Leyen to replace Jean-Claude Juncker came after the main front-runners were rejected. IMF chief Christine Lagarde has been nominated as the first woman to head the European Central Bank (ECB). The announcement follows days of ...

A volcano has erupted on the Italian island of Stromboli, killing one person and sending frightened tourists fleeing. The victim is a male hiker who was hit by a falling stone, while other people were injured. The navy has been deployed for a possible mass evacuation, with 70 people ...

The US-India Strategic Partnership Forum (USISPF) today announced that Mastercard CEO and President, Ajay Banga, and Wipro Chairman, Azim Premji, will receive the 2019 Global Excellence Awards at the USISPF Second Annual Leadership Summit in Washington, D.C. on July 11. Jared Kushner, Senior ...

President Vladimir Putin said Russia is ready to restart discussions with the U.S. over arms control and denied that the collapse of a significant nuclear missile treaty between the two nations would prompt an arms race. Putin said there had “recently been signs that Washington is beginning to ...