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Bank of England warns of Europe-wide Brexit finance risks

LONDON : Europe’s financial system faces “potential risks” to its stability arising from a no-deal Brexit, the Bank of England warned Tuesday, as it extended its weekly lending facilities to include euros. With just 24 days to go until Britain is set to leave the European Union...

Eating allium vegetables lowers risk of colorectal cancer: study

BEIJING : A recent Chinese study found that eating more allium vegetables may slash the risk of getting colorectal cancer. Researchers from the First Hospital of China Medical University in Shenyang, Liaoning Province conducted case-control study from June 2009 to November 2011 in three local...

Hillary Clinton rules out a rematch with Trump in 2020

Washington, March 5 (AP) — Hillary Clinton says she won’t run for president in 2020, but vows she’s “not going anywhere.” The former secretary of state, senator and first lady ruled out another campaign during an interview posted Monday by New York TV station News12...

Burundi shutters UN rights office: Bachelet

GENEVA : Burundi has closed a UN human rights office that has been operating in the country since 1995, UN rights chief Michelle Bachelet said Tuesday, vowing that the UN would continue monitoring violations there. “It is with deep regret that we have had to close our office in Burundi after...

Hero’s welcome as opposition leader Guaido returns to Venezuela

CARACAS : Venezuela’s opposition leader Juan Guaido received a hero’s welcome from thousands of flag-waving supporters chanting “Yes, you can!” as he returned to Caracas on Monday, defying the threat of arrest from embattled President Nicolas Maduro’s...

India plays down end to US trade preferences

NEW DELHI : India played down on Tuesday President Donald Trump’s intention to end certain trade preferences, saying the impact on New Delhi’s exports to the US would be minor. Annual Indian exports to the United States are close to $80 billion, but those covered by the Generalized...

Third time lucky: Ex-Nissan chief Ghosn wins bail in Japan

TOKYO : Former auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in a detention cell. It was the latest twist in a case that has kept Japan and the business world gripped since the tycoon’s...

Death toll from Alabama tornadoes likely to rise as search resumes

BEAUREGARD, United States : Rescuers uncovered widespread damage in Alabama on Monday caused by two back-to-back tornadoes that ripped across the southern state, with the death toll of 23 expected to rise further. “It looks almost as if someone took a giant knife and scraped the...

DURK top leader back in Pyongyang after trip to Vietnam

PYONGYANG : Top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong Un returned to Pyongyang early Tuesday morning after a trip to Vietnam, the official Korean Central News Agency (KCNA) reported. Senior officials of the Workers’ Party of Korea (WPK), the government and...

US, South Korea to end key joint military exercises

SEOUL : The US and South Korea announced Sunday an end to key annual large-scale military exercises in support of diplomatic efforts to persuade North Korea to abandon its nuclear weapons programme.
The decision comes days after the conclusion of US President Donald Trump’s second summit with...

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