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India beat Australia by six wickets in 1st ODI in Hyderabad

Jurgen Klopp laments missed chances as Liverpool lose Premier League lead in Everton derby game LIVERPOOL: Liverpool manager Jurgen Klopp was left to rue a number of missed chances from his side in a 0-0 draw at Everton on Sunday that allowed Manchester City to maintain top spot in the Premier League.Mohamed Salah passed up…

EFG Hermes advising on $500m M&A deal in Saudi Arabia, with more in pipeline
Business

EFG Hermes advising on $500m M&A deal in Saudi Arabia, with more in pipeline

DUBAI: Egypt’s EFG Hermes is working on a $500 million merger and acquisition in Saudi Arabia and expects more deals to come out of the kingdom this year, especially from the private sector, its head of investment banking told Reuters.Saudi Arabia has made attracting greater foreign investment a key part of its economic Vision 2030…

Volvo to limit car speeds in bid for zero deaths
Business

Volvo to limit car speeds in bid for zero deaths

PARIS: Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020.While Volvo, whose XC90 flagship SUV currently has a top speed of 212 km/h,…

China accuses US of ‘double standard’ over Huawei claims
Business

China accuses US of ‘double standard’ over Huawei claims

BEIJING: A Chinese government spokesman took issue Monday with US claims that telecoms giant Huawei Technologies poses a threat to other countries’ information security because of Chinese laws.The comments by spokesman Zhang Yesui ahead of the annual session of China’s rubber-stamp parliament followed news that Huawei executive Meng Wanzhou, who was arrested by Canada at…

Turkish inflation falls to lowest level since August
Business

Turkish inflation falls to lowest level since August

DUBAI: Egypt’s EFG Hermes is working on a $500 million merger and acquisition in Saudi Arabia and expects more deals to come out of the kingdom this year, especially from the private sector, its head of investment banking told Reuters.Saudi Arabia has made attracting greater foreign investment a key part of its economic Vision 2030…

Germany to strip Daesh fighters of citizenship
World

Germany to strip Daesh fighters of citizenship

MARSEILLE: French police are facing a new form of weapon during “yellow vest” protests — bags of fecal matter thrown bomb-like by demonstrators.On Saturday “bags filled with faeces were thrown at police and exploded. Three policemen were soaked through with it,” Rudy Manna from the Alliance police trade union in the southern port city of…

French police hit with poo bombs at ‘yellow vest’ protests
World

French police hit with poo bombs at ‘yellow vest’ protests

ISLAMABAD: Pakistan fully reopened its airspace on Monday, authorities said, days after it closed its skies to all air travel, leaving thousands stranded worldwide as tensions with nuclear arch-rival India soared.The decision to close the airspace came last Wednesday after a rare aerial dogfight between India and Pakistan over the disputed territory of Kashmir ignited…

Pakistan airspace fully reopened: aviation authority
World

Pakistan airspace fully reopened: aviation authority

BEIJING: China accused two detained Canadians on Monday of acting together to steal state secrets, just days after Canada announced it will proceed with a US extradition request for a senior Chinese tech executive.China arrested the two Canadians on Dec. 10 in what was widely seen as an attempt to pressure Canada to release Meng…

Bangladeshi hanged for Saudi diplomat’s murder
World

Bangladeshi hanged for Saudi diplomat’s murder

DHAKA: A Bangladeshi man was hanged in a jail outside Dhaka over the murder of a Saudi diplomat in 2012, an official said Monday.Khalaf Al-Ali, 45, who worked in the consular section of the Saudi Arabian embassy, was shot in the capital’s diplomatic zone in front of his rented apartment. He later died in hospital.Police…

Algeria president’s offer to protesters fails to quell anger
Middle East

Algeria president’s offer to protesters fails to quell anger

ISTANBUL: A Turkish court accepted an indictment seeking life sentences against businessman and rights activist Osman Kavala and 15 others over the 2013 Gezi protests, Kavala’s lawyer said on Monday.Hundreds of thousands of people marched in Istanbul in 2013 to protest against a plan to build a replica of an Ottoman barracks on Gezi park…

Houthis target Yemeni civilians in Kushar district: Arab coalition
Saudi Arabia

Houthis target Yemeni civilians in Kushar district: Arab coalition

DUBAI: Saudi Arabia is on track to develop its rail networks as part of a GCC-wide push to ramp up regional transportation, with the high-speed Haramain railway now operating at near-full capacity, Riyadh’s Metro almost complete and another 800km of track, along with sleeping coaches, added to the Kingdom’s North-South railway.Such projects are helping the country move toward…

UK watchdog may ban some practices in car finance market
Business

UK watchdog may ban some practices in car finance market

TOKYO: The lawyer for former Nissan Motor Co. Ltd. Chairman Carlos Ghosn on Monday said his team would pursue a different legal strategy from the ousted executive’s previous team in defending him against charges of financial misconduct. At a media briefing, Junichiro Hironaka said the new team he was heading would not be limited to…

Ghosn lawyer to pursue defense strategy different from previous legal team
Business

Ghosn lawyer to pursue defense strategy different from previous legal team

TOKYO: The lawyer for former Nissan Motor Co. Ltd. Chairman Carlos Ghosn on Monday said his team would pursue a different legal strategy from the ousted executive’s previous team in defending him against charges of financial misconduct. At a media briefing, Junichiro Hironaka said the new team he was heading would not be limited to…

US and China reportedly close to deal to roll back tariffs
Business

US and China reportedly close to deal to roll back tariffs

WASHINGTON: The US and China appear close to a deal that would roll back US tariffs on at least $200 billion worth of Chinese goods, as Beijing makes pledges on structural economic changes and eliminates retaliatory tariffs on US goods, a source briefed on negotiations said on Sunday.US President Donald Trump and Chinese President Xi…

Oil rises as US-China trade deal appears close, OPEC further cuts supply
Business

Oil rises as US-China trade deal appears close, OPEC further cuts supply

ANKARA: Turkish inflation has dropped below 20 percent for the first time since August last year, reaching 19.67 percent in February, official statistics showed Monday.Consumer prices had been falling since a 15-year high in October, but inflation rose in January and reached an annual rate of 20.35 percent from 20.30 percent in December.The highest monthly…

Indonesia, Australia sign long-awaited trade deal
Business

Indonesia, Australia sign long-awaited trade deal

ANKARA: Turkish inflation has dropped below 20 percent for the first time since August last year, reaching 19.67 percent in February, official statistics showed Monday.Consumer prices had been falling since a 15-year high in October, but inflation rose in January and reached an annual rate of 20.35 percent from 20.30 percent in December.The highest monthly…

Modi and Imran bask after ‘good’ Kashmir crisis
World

Modi and Imran bask after ‘good’ Kashmir crisis

NEW DELHI: As tempers cool after an alarming confrontation between India and Pakistan, analysts say their leaders have emerged stronger — with Narendra Modi burnishing his nationalist credentials and Imran Khan cast as a peacemaker.Some 400,000 people have signed petitions for Khan, the former playboy cricketer and prime minister since August, to get a Nobel…

Four US tourists and their pilot killed in Kenya chopper crash
World

Four US tourists and their pilot killed in Kenya chopper crash

JAKARTA: Indonesian authorities warned Monday that up to 100 people could still be trapped and feared dead inside a collapsed illegal gold mine despite a painstaking rescue effort that has so far plucked 19 people alive from the rubble, but also seen nine deaths.Search teams at the unlicensed mine on Sulawesi island have been hampered…

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