– Just a few days ago, few expected Martin Winterkorn [above, far right] to remain the CEO of the Volkswagen Group for much longer. The 67-year-old had found himself in a precarious position after the all-powerful head of the supervisory board, 78-year-old Ferdinand Piëch [above, second from left and next to his wife Ursula], had told the German weekly magazine Der Spiegel: “I am at a distance to Winterkorn.” –
By Gopal Sharma, Rupam Jain Nair and Ross Adkin KATHMANDU, Nepal (Reuters) – Nepalese officials scrambled on Monday to get aid from the main airport to people left homeless and hungry by a devastating earthquake two days earlier, while thousands tired of waiting fled the capital Kathmandu for the surrounding plains. By afternoon, the death toll from Saturday’s 7.9 magnitude earthquake had climbed to more than 3,700, and reports trickling
By Louis Charbonneau UNITED NATIONS (Reuters) – Iranian Foreign Minister Mohammad Javad Zarif will meet U.S. Secretary of State John Kerry at the opening of a UN conference on the global anti-nuclear weapons treaty on Monday, as they try to make progress in talks on a long-term atomic deal. Iran’s top diplomat will be the first state party to the 1970 nuclear Non-Proliferation Treaty (NPT) to address its 190 signatories
By Arshad Mohammed NEW YORK (Reuters) – Japan and the United States unveiled new guidelines for defense cooperation on Monday, reflecting Japan’s willingness to take on a more robust international role at a time of growing Chinese power and rising concerns about nuclear-armed North Korea. The first revision to the guidelines since 1997 allows for global cooperation militarily, ranging from defense against ballistic missile, cyber and space attacks and maritime
By Mohammed Mukhashaf ADEN (Reuters) – Saudi-led aircraft pounded Iran-allied Houthi militiamen and rebel army units in central Yemen and the capital Sanaa on Monday despite a formal end to the air strikes, residents said, and a humanitarian crisis worsened as both sides blocked aid. Residents said warplanes flew between 15 and 20 sorties against groups of Houthi fighters and arms depots in the al-Dhalea provincial capital, Dhalea, and the
President Vladimir Putin accused some of Russia’s “quasi-partners” on Monday of counting on the country’s collapse by cutting its banks off from the global financial system at a time when oil prices had plunged. Speaking in Russia’s second city of St Petersburg, Putin said they had been proved wrong and the economy had easily weathered the crisis, deepened by Western sanctions imposed to punish Moscow over its policies in Ukraine.
By Renee Maltezou and Deepa Babington ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations. An anti-austerity economist who has angered peers with his brash style, Varoufakis is facing calls to quit after returning from a meeting of
ATHENS, Greece (AP) — Greece reshuffled its bailout negotiating team on Monday following fierce criticism of its finance minister, meeting with market applause as investors hoped it will facilitate a deal to save the country from bankruptcy.
DUBAI, United Arab Emirates (AP) — The main state oil company in the United Arab Emirates says Japan’s Inpex has won a stake in the development of major oil fields in the energy-rich emirate of Abu Dhabi.
NEW YORK (AP) — Mylan N.V. rejected Teva Pharmaceuticals’ $40.1 billion buyout offer, saying the cash-and-stock proposal undervalues the company.
