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Erdogan to visit Qatar and Saudi amid Gulf crisis

Istanbul, Turkey | AFP | Turkish President Recep Tayyip Erdogan will this month visit Qatar and Saudi Arabia, which are locked in a deep diplomatic crisis, his office announced Tuesday. Erdogan will also visit Kuwait, the main mediator in the Qatar crisis, during his July 23-24 tour. Turkish Prime Minister Binali …

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US fines BNP Paribas $246 mn over forex oversight

Washington, United States | AFP | US regulators on Monday fined French banking giant BNP Paribas $246 million for poor oversight of its foreign exchange traders who manipulated trading prices. The move came six months after the Federal Reserve permanently barred former BNP trader Jason Katz from the banking industry, …

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Cardinal unhappy over copyright of Mother Teresa’s sari

Rome, Italy | AFP | The famous white sari with three blue borders worn by saint Mother Teresa has been copyrighted by nuns, and one of the Vatican’s top cardinals is not pleased. “Holy Mother Teresa of Calcutta is a universal symbol, beloved by believers (and) unbelievers,” said Cardinal Jose Saraiva …

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Netflix shares jump as subscriptions top 100 million

San Francisco, United States | AFP |  Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring. Netflix shares leapt more than 10 percent to $178.48 in after-market trades that followed release of …

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Fresh Brexit talks begin with ‘clock ticking’

Brussels, Belgium | AFP |Britain and the European Union launch a new round of fraught Brexit negotiations Monday with Brussels pressing weakened British Prime Minister Theresa May to quickly set out her divorce strategy. Brexit minister David Davis travels to Brussels to meet Michel Barnier, the EU’s chief negotiator, for …

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