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Kazanah Nasional MD Berhad Tan Sri Dato' Azman Mokhtar announces Malaysia Airlines' restructuring plans at Petronas Towers in Kuala Lumpur, Malaysia, on Friday.  Picture: REUTERS

Tragedy-hit Malaysia Airlines to lose 6,000 jobs in bold restructuring

20 hour(s) ago

The 42-year-old company will be delisted by the end of the year under a broad revival plan announced by state fund Khazanah Nasional on Friday

Middle East

Netanyahu claims Gaza Strip victory

BOYS IN A WAR: Palestinian boys peek from behind a Hamas militant during a parade in Shejaiya on Wednesday. Picture: AFP
1 day(s) ago

Israeli Prime Minister Benjamin Netanyahu says his decision to end Gaza Strip fighting scored a political and military victory

Markets

Supply glut hits iron-ore prices

ASSET: A clump of iron ore from a mine. Picture: REUTERS
1 day(s) ago

Iron-ore prices will fall further because there is too much supply of the main ingredient for steel

National

Physical fights not foreign to parliaments

Muhyettin Aksak, a lawmaker from the ruling AK Party, punches Nationalist Movement Party's Sinan Ogan (center) during a debate at the Parliament in Ankara, Turkey, on August 4 2014. Picture: REUTERS
1 day(s) ago

System is inherently adversarial but dust-ups and disorder need to be dealt with, writes Wyndham Hartley

Opinion

LETTER FROM CAPE TOWN: Stiglitz’s sympathy for Argentina is ill founded

Even if Stiglitz is justified in condemning ‘vulture’ funds, it is not for the judge to make value judgments based on emotion, writes Dave Marrs

Opinion

LETTER FROM LONDON: British army’s adverts sell dreams of adventure

Recruitment adverts make military life in the UK look like a scene from a video game

The Big Picture

Picture: THINKSTOCK
International humanitarian law has always lacked mechanisms for encouraging effective compliance, write Didier Burkhalter and Peter Maurer   Read More

Europe

Ukraine accuses Russia of launching invasion

Petro Poroshenko. Picture: AFP PHOTO
1 day(s) ago

Ukraine accuses Russia of mounting an invasion in southeast of country in support of pro-Moscow separatist rebels

Europe

EU seeks to secure winter gas supply in Ukraine crisis, says Oettinger

A gas pipeline in Sevastopol, Ukraine. Picture: AFP
1 day(s) ago

Three-way gas consultations will take place in Moscow on Friday between Russia, Ukraine and the European Union

Europe

Lagarde career threatened in fraud case

International Monetary Fund MD Christine Lagarde.   Picture: REUTERS
2 day(s) ago

French court charges former minister with ‘negligence’ over state payment to tycoon

World

Steel profits hurt in hunt for sales

DEMAND: Steel production takes place at the Baosteel GroupCorp. facilities in Shanghai, China.  Baosteel says iron-ore prices have further to fall. Picture: BLOOMBERG
2 day(s) ago

World’s biggest steel makers hurting profits by chasing at any cost

Europe

EU body urges France to reform

Picture: THINKSTOCK
2 day(s) ago

EU Commission says it is crucial that France’s new government ‘maintain its reform commitments, which are essential for France to sustainably relaunch growth and employment’


International companies


Asia-Pacific

Qantas is upbeat for a return to profit

FLYOVER: A Qantas Airways and an Emirates Airlines Airbus A380 fly in formation during a flyover at an altitude of around 450m above Sydney on Sunday. Picture: REUTERS
1 day(s) ago

The group says it will be profitable in the six months to December as an oversupply of seats subsides and a A$2bn cost-cutting programme starts to pay off

Asia-Pacific

Malaysia Airlines mourns as new ordeal looms

Malaysia Airlines planes sit on the tarmac at Kuala Lumpur International Airport. Picture: REUTERS
2 day(s) ago

A quarter of airline’s staff may lose their jobs at unprofitable airline that was hit by two aircraft disasters this year

Telefónica. Picture: BLOOMBERG

Vivendi warms to Telefónica’s raised GVT offer

Vivendi says Telefónica’s offer is ‘particularly attractive’ because it will generate a capital gain of more than €3bn

Europe

Talks optimism fades as Ukraine says Russia makes new incursion

Russian President Vladimir Putin gestures, while answering journalists' questions after his talks with Ukrainian President Petro Poroshenko in Minsk, Belarus on Wednesday. Picture: REUTERS
2 day(s) ago

Ukraine accuses Russian forces of launching new military incursion across border, a day after leaders of both countries agree to work towards ending separatist war

Middle East

Gaza truce holding but Israel’s Netanyahu under fire at home

Palestinians sit on a couch as they return to the remains of their house, which witnesses said was destroyed in an Israeli offensive, after a ceasefire was declared, in the east of Gaza City on Wednesday. Picture: REUTERS
2 day(s) ago

An open-ended ceasefire in Gaza war holds as Prime Minister Benjamin Netanyahu faces strong criticism in Israel over costly conflict with Palestinian militants

Europe

Call for French ‘government of clarity’

3 day(s) ago

President François Hollande is using the cabinet reshuffle to reassert his authority over his feuding Socialist Party

African News

US voices surprise as UAE hits militia in Libya

3 day(s) ago

UAE’s aircraft have launch two attacks in seven days on the Islamists in Tripoli, using bases in Egypt

Middle East

Israeli air strikes kill eight Palestinians

Palestinians surround a wreckage of a car which witnesses said was hit by an Israeli air strike, in Gaza City on Monday. Picture: REUTERS, AHMED ZAKOT
4 day(s) ago

Egypt presses on with efforts to broker durable truce as Israel warns it will target any house used to launch ‘terror attacks’, militants launch rockets at southern Israel

Europe

Earthquake hits Icelandic volcano

A warning sign blocks the road to Bardarbunga volcano, some 20 kilometres away, in the northwest region of the Iceland's Vatnajokull glacier last week.  Picture: REUTERS
3 day(s) ago

Meteorological Office confirms that magnitude 5.7 tremor hit Bardarbunga, largest in current series, but still no sign of eruption

Europe

NEWS ANALYSIS: New Turkish premier seems to fit in with Erdogan’s agenda

Turkish Prime Minister Recep Tayyip Erdogan. Picture: REUTERS
4 day(s) ago

Appointment of Ahmet Davutoglu is a further sign that modern Turkey’s most powerful leader has little intention of loosening grip on day-to-day running of country

Asia-Pacific

Court rules against Tokyo Electric in suicide suit

A cask of nuclear fuel is lifted by workers during operations to remove fuel rods from a spent fuel pool at Tokyo Electric Power Co's Fukushima Daiichi nuclear power plant in Fukushima prefecture, Japan, on Monday. Picture: REUTERS
4 day(s) ago

Tepco ordered to pay $472,000 compensation after Japanese district court rules the nuclear operator responsible for woman’s suicide

Asia-Pacific

Sony says PlayStation users’ info safe after hackers target game sites

Picture: REUTERS
4 day(s) ago

Sony says hackers have taken down network without compromising users’ personal data, while FBI is investigating bomb scare on flight carrying Sony executive

Asia-Pacific

Metals industry realises potential of 3-D printers

Picture: THINKSTOCK
5 day(s) ago

Suppliers backing research into 3-D printing technology, which can produce components faster and cheaper than traditional manufacturing

Americas

Women under-represented in Silicon Valley venture capitalists

ROLE MODEL: Bindi Karia, a vice-president at Silicon Valley Bank, right, is one of the few women managers in Silicon Valley. Picture: BLOOMBERG
5 day(s) ago

While other sectors have improved their gender diversity, the industry’s gender balance hasn’t budged, writes Sarah McBride

Europe

Strong earthquakes shake Icelandic volcano on red alert

Picture taken on May 21 2011 shows a cloud of smoke and ash over the Grimsvoetn volcano on Iceland. Picture: REUTERS
5 day(s) ago

Large explosion at Bardarbunga volcano could signal a replay of global travel chaos caused by eruption of another Icelandic peak four years ago

Middle East

Gaza operation to last as long as it takes, says Netanyahu

A Palestinian looks at the remains of a commercial center, which witnesses said was hit by an Israeli air strike on Saturday, in Rafah in the southern Gaza Strip. Picture: REUTERS
5 day(s) ago

After a 12-story apartment building in Gaza was brought down and 10 Palestinians were killed, Israel’s Prime Minister says offensive will last ’until its aims are achieved’

Middle East

Egypt calls for Gaza ceasefire as fighting rages

Palestinian men look on as a bomb from an Israeli air strike hits a house in Gaza City on Saturday.  Israel kept up the pressure on Hamas in Gaza, carrying out multiple air strikes that killed six Palestinians, five of them from the same family, as Egypt prepared to convene new truce talks. Picture: AFP/ ROBERTO SCHMIDT
6 day(s) ago

A senior Egyptian diplomat says Palestinian President Mahmoud Abbas has informed Egyptian President Abdel Fattah al-Sisi that Hamas is prepared to come to Cairo for further talks

Americas

Yellen says US job market still hampered, calls for ‘pragmatic’ policy

Janet Yellen. Picture: REUTERS
7 day(s) ago

Labour markets remain hampered by effects of Great Recession, and US Fed should move cautiously in determining when interest rates will rise, Fed chairwoman says

Europe

Russia takes aim at McDonald’s

Picture: MARTIN RHODES
8 day(s) ago

Russian authorities launch nationwide inspections of McDonald’s restaurants

Asia-Pacific

NEWS ANALYSIS: China seems to be getting the pricing balance right for natural gas

Workers carry out routine checks at a gas refinery in Suining, Sichuan province. Picture: REUTERS
8 day(s) ago

Developments show the tightrope Beijing is walking by increasing natural gas prices, writes Clyde Russel

Europe

Ukraine accuses Russia of ‘invasion’ as aid trucks move in

A Russian convoy of trucks carrying humanitarian aid for Ukraine is parked at a camp near Donetsk on Friday.  Picture: REUTERS
7 day(s) ago

Ukraine accuses Moscow of invading after Russia unilaterally sends first part of mammoth aid convoy into eastern Ukraine, warning against any attacks on trucks

Europe

Merkel says tightening Ukraine-Russian border is key to peace deal

Germany's Chancellor Angela Merkel (L) speaks during a news conference with Ukraine's President Petro Poroshenko in Kiev on Saturday. Picture: REUTERS
6 day(s) ago

Nato has alleged Russia’s military is active inside Ukraine helping the rebels, and Moscow angers Kiev and its Western allies by sending an aid convoy into Ukraine against Kiev’s wishes

African News

US doctor who treated Ebola victims recovers

Dr Kent Brantly, right, at work at the case management centre on the campus of ELWA Hospital in Monrovia, Liberia, in this undated handout photograph courtesy of Samaritan's Purse.  Picture: REUTERS
8 day(s) ago

Dr Kent Brantly contracted deadly virus in Liberia, will be discharged from Atlanta hospital where he was treated with experimental drug ZMapp

Middle East

Hamas says Israel killed three top Gaza commanders

The mother of a Palestinian Hamas militant whom medics said was killed in an Israeli air strike, mourns as she looks at his body during his funeral in Jabaliya in the northern Gaza Strip on Thursday. Picture: REUTERS
8 day(s) ago

Air strike kills three senior Hamas commanders in Gaza Strip, Islamist group says, the clearest sign yet Israel is focusing assault on those leading attacks from Palestinian enclave

Asia-Pacific

Chinese, Japanese August factory surveys signal economic softness

Picture: THINKSTOCK
8 day(s) ago

China’s manufacturing activity hits three-month low, raising case for fresh policy steps to keep growth on track, while poll shows Japan’s economic recovery is likely to be modest

Opinion

LETTER FROM LONDON: Commonwealth is as appealing as Glasgow’s skies

With SA focused on boosting ties with its Brics partners, relations with the Commonwealth are a bit looser now

Opinion

Peace hinges on accepting a common humanity

Peace in the Middle East will be achieved only once the world succeeds in convincing both Jew and Palestinian to acknowledge the humanity of the other

Christine Lagarde.  Picture: REUTERS

Lagarde placed under investigation in French fraud case

Source close to International Monetary Fund chief Christine Lagarde says French magistrates are investigating her for alleged role in political fraud case

Europe

Montebourg’s sacking could stir austerity backlash

EXTENSIVE TOUR: French President François Hollande at Sanofi’s pharmaceuticals plant in Waltloo yesterday.  Picture: PUXLEY MAKGATHO
3 day(s) ago

French President François Hollande’s firing of malcontent minister Arnaud Montebourg risks unleashing the ruling Socialist Party’s chief critic of budget cuts

Middle East

Islamic State executes soldiers, takes hostages at air base: social media

Fighters of the Islamic State of Iraq and the Levant (ISIL). Picture: REUTERS
2 day(s) ago

Militants execute Syrian soldiers and are holding group of them hostage after capturing an air base in northeast Syria, pictures posted on internet and Twitter show

Europe

Putin urges talks as Poroshenko lays out demands at Minsk meeting

Petro Poroshenko. Picture: AFP PHOTO
3 day(s) ago

Russian President Vladimir Putin urges his Ukrainian counterpart not to escalate an offensive against pro-Moscow rebels

Americas

Half of California earthquake damage covered

Bottles of olive oil and vinegar sit on the floor of a business damaged by a reported 6 earthquake on Sunday in Napa, California. Picture: JUSTIN SULLIVAN/GETTY IMAGES/AFP
3 day(s) ago

The earthquake that hit northern California on Sunday will lead to losses of as much as $4bn

Europe

WHO employee to be flown to Hamburg for Ebola treatment

LATEST VICTIM: Dr Kent Brantly, left, (L) of Samaritan's Purse relief organisation is shown in this undated handout photo provided by Samaritan's Purse, wearing personal protective equipment as he cares for Ebola patients at the case management centre on the campus of ELWA Hospital in Monrovia, Liberia.  Brantly, a 33-year-old American doctor working for a relief organisation in Liberia's capital, has tested positive for the tropical disease Ebola on Saturday. Picture: REUTERS
2 day(s) ago

Senegalese epidemiologist, who contracted Ebola in Sierra Leone, will be flown to tropical medicine institute in Germany

Europe

Swiss private banks review secrecy

3 day(s) ago

The elite of Swiss private banks begin lifting the veil on their books after a radical shift in their business model, amid tougher international regulations

Middle East

Gaza ceasefire deal reached, Palestinian groups say

Palestinians surround a wreckage of a car which witnesses said was hit by an Israeli air strike, in Gaza City on Monday. Picture: REUTERS, AHMED ZAKOT
3 day(s) ago

Cairo’s initiative, Palestinians officials say, calls for an indefinite halt to seven weeks of hostilities and the immediate opening of Gaza’s blockaded crossings with Israel and Egypt

Middle East

UN rights boss condemns ‘widespread’ Islamic State crimes in Iraq

Picture: THINKSTOCK
4 day(s) ago

UN human rights chief Navi Pillay condemns ‘appalling, widespread’ crimes being committed by Islamic State forces in Iraq, including mass executions of prisoners

World

WildLeaks to blow the whistle on wildlife crime

CRIMINAL LOOT: A picture taken on June 5 2014 shows Kenyan police officers looking at 302 pieces of ivory, including 228 elephant tusks, found and seized in a warehouse during a raid in the port city of Mombassa. Poachers slaughtering Africa's elephants and rhinos with impunity are often shielded from police by the most powerful of connections, leading some conservationists to turn to tip-offs to stem the killing. It's called
4 day(s) ago

Founder Andrea Crosta, a longtime conservationist, says he went undercover to meet traffickers

Americas

Popularity of discount retailers is growing among America’s poor

Picture: REUTERS
5 day(s) ago

Big stores have been struggling as consumers have been slow to return to pre-recession spending, write Jilian Mincer and Lisa Baertlein

Americas

‘Son, be a mechanic — you will be a success’

Picture: AFP
4 day(s) ago

This year, for the first time in a decade, the US government boosted funding for high school and college vocational education

Arts & Entertainment

British actor and film director Richard Attenborough dies

Richard Attenborough. Picture: EPA/ANDREU DALMAU
5 day(s) ago

Oscar-winning British film director and actor Richard Attenborough has died at age 90

Middle East

Kidnappers free US writer missing in Syria since 2012

US journalist Peter Theo Curtis is shown in this undated still frame taken from video courtesy of Al Jazeera on Sunday.  Picture: REUTERS
4 day(s) ago

US Secretary of State John Kerry says Peter Theo Curtis was held by Nusra Front, official al-Qaeda wing in Syria, officials say Qatar helped to win his release

Americas

California earthquake biggest in region in 25 years

A Napa County firefighter sprays foam on hot spots from a fire at a mobile home park following a reported 6.0 earthquake on Sunday. Picture: GETTY IMAGES/AFP/ JUSTIN SULLIVAN
5 day(s) ago

Quake injures more than 100 people, damages historic buildings, sets some homes on fire and causes power and water outages around picturesque Napa

Americas

Four killed, two inmates beheaded in Brazil prison riot

Picture: THINKSTOCK
5 day(s) ago

Inmates rioting for better facilities in a Brazilian jail kill four fellow prisoners, decapitating two of them and taking two guards hostage, officials say

Asia-Pacific

China executes eight Uighur ‘terrorists’

Picture: THINKSTOCK
5 day(s) ago

Three of the executed ‘masterminded’ a dramatic car crash in the capital’s Tiananmen Square in 2013

Opinion

Propaganda war is now in the hands of the people

The power to shape the public agenda has shifted from top-down conventional media to the more democratic social media

Opinion

Israel the occupying power instead of the victim

An Israeli soldier holds ammunition at a staging area near the border with Gaza on Sunday.   Picture: REUTERS

Is Israel’s portrayal of itself as the victim in the Gaza conflict accurate?

Asia-Pacific

China aims for operating system

Picture: REUTERS
5 day(s) ago

China could have an operating system by October to take on imported rivals such as Microsoft, Google and Apple

Europe

Ukraine marks defiant national day, rebels parade captives

Children holding a Russian flag pose for photos on a destroyed Ukrainian army Grad multiple rocket launcher system that was seized and put on public display at the central square in Donetsk on Sunday. Picture: REUTERS
5 day(s) ago

Military march in Kiev intends to send a message of defiance to Russia, but pro-Moscow rebels counter by parading captured Ukrainian troops through the streets in their stronghold

Americas

Quake rocks California wine country

Bottles of olive oil and vinegar sit on the floor of a business damaged by a reported 6 earthquake on Sunday in Napa, California. Picture: JUSTIN SULLIVAN/GETTY IMAGES/AFP
5 day(s) ago

Quake injures dozens of people, two of them seriously, damages historic buildings, sets some homes on fire and causes power outages around Napa

World

Action to end banks being ‘too big to fail’

Picture: THINKSTOCK
8 day(s) ago

Government leaders expected to agree that the world’s top banks must issue special bonds to increase the amount of capital that can be tapped in a crisis

 
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