Mexico cuts 2013 growth forecast to 3.1%
MEXICO CITY : Mexico cut its 2013 growth forecast on Friday after the economy expanded less than expected in the first quarter due to slumping industrial production and near stagnant exports. Read More →
$1 million in Chopard jewels stolen from Cannes festival
CANNES, France: Jewellery worth more than $1 million due to be loaned to stars at the Cannes Film Festival was stolen from a local hotel in a pre-dawn heist on Friday but the coveted Palme d’Or trophy...
Japan PM pledges to slash red tape for growth
TOKYO: Japan’s premier said Friday he would slash red tape in a bid to boost corporate investment as he seeks to capitalise on the feel-good mood of a soaraway stock market and a plunging yen. Read More →
‘Ruby the Heart Stealer’ call-girl testifies for first time at Silvio Berlusconi trial
MILAN: The woman alleged to have had sex for money with Silvio Berlusconi when she was just 17 and he was the prime minister testified in court for the first time on Friday at a trial of three people...
ANA reports fault on modified Dreamliner
TOKYO: Japan’s All Nippon Airways on Friday said a modified Dreamliner had experienced a fault earlier this month, but insisted it would not affect the restart of the high-tech planes. Read More →
Bangladesh cleans up after killer cyclone
CHITTAGONG, Bangladesh: Bangladesh began cleaning up on Friday after a killer cyclone wrecked thousands of homes along its coast while breathing a sigh of relief that the damage was not much worse. Read More →
US Obama and Turkish Erdogan demand Syrian Assad step down
WASHINGTON: Amid a flurry of moves to organize peace talks to end Syria’s bloody civil war, US President Barack Obama and Turkish Prime Minister Recep Tayyip Erdogan insisted Bashar al-Assad must...
Hollande vows to ‘go on offensive’, push euro government
PARIS: Embattled President Francois Hollande vowed Thursday to “go on the offensive” by pushing for a new eurozone government and tackling France’s economic woes after the country fell...
Kabul suicide bombing of NATO convoy kills 15
KABUL: A suicide car bomb targeted a foreign military convoy in Kabul on Thursday, killing 15 people including five Americans in the deadliest attack in the Afghan capital for nearly a year, officials...
Bangladesh cyclone weakens, leaves relief in wake
CHITTAGONG, Bangladesh: A cyclone slammed into Bangladesh Thursday, forcing the evacuation of one million people and killing 14, but fears of devastating damage eased when the storm weakened over land. Read More →
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