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UK should cut aid to Nepal if "endemic" corruption persists: report

By Kieran Guilbert LONDON (Thomson Reuters Foundation) – Britain should cut its 86 million pound ($128 million) aid budget for Nepal unless the country acts to combat poor governance and “endemic” corruption, a parliamentary committee said on Friday. Britain is the largest bilateral donor to Nepal which is one of the world’s poorest nations with a quarter of its 28 million population living below the poverty line, according to the

Germanwings co-pilot had serious depressive episode: Bild newspaper

The pilot who appears to have deliberately crashed a plane carrying 149 others into the French Alps received psychiatric treatment for a “serious depressive episode” six years ago, German tabloid Bild reported on Friday. Prosecutors in France, after listening to the cockpit voice recorders, offered no motive for why Andreas Lubitz, 27, would take the controls of the Airbus A320, lock the captain out of the cockpit and deliberately set

Amazon rumored to be purchasing Richemont-owned Net-A-Porter

Promotional image for Net-A-Porter premier delivery service Online marketplace Amazon may be in talks to purchase British ecommerce site Net-A-Porter, if reports that have been rumored are true. The etail giant has been unsuccessful in entering the luxury industry in spite of attempts in recent years, and this potential acquisition could be significant for the future of both companies. The impact that this purchase could have on Net-A-Porter is unclear,