Credit Suisse was accused on Thursday of having “learnt nothing” from the 2008 financial crisis on the first day of a trial at London’s High Court over residential mortgage-backed securities. Loreley Financing, a special purpose vehicle set up by German bank IKB, is suing Credit Suisse over its 2007 purchase of $100 million of notes as…
Former President Donald Trump still commands the support of a significant share of conservative Christian voters, Reuters interviews with evangelical leaders and opinion polls show, but a window of opportunity remains for a challenger to peel some of that support away. Evangelical voters are key to winning Iowa, which holds the first the presidential nominating…
Mexico’s state-run lithium company is examining a geothermal extraction method of the white metal, its Chief Executive Pablo Taddei said in a panel Wednesday, looking to complement the primary method of extracting the metal from clay-based deposits. “We’re also exploring – and I think really great synergies are going to come out of this –…
Iran’s navy forced a U.S. submarine to surface as it entered the Gulf, Iranian navy commander Shahram Irani told state television on Thursday, but the United States Navy’s Fifth Fleet denied such an incident had taken place. “The U.S. submarine was approaching while submerged, but the Iranian submarine Fateh detected it and carried out… manoeuvres…
As Britain prepares to crown King Charles III in a ceremony with traditions dating back some 1,000 years, the monarchy confronts a question it has faced down the centuries: how does it survive in the modern world? For the House of Windsor, that does not mean dealing with growing hostility from politicians or the public,…
Japan will keep calling for China to act responsibly on the world stage, Prime Minister Fumio Kishida said on Thursday, a sign of Tokyo’s deepening concern about stability in the Taiwan Strait following Beijing’s recent military drills. The comments from Kishida, after China conducted drills in the waters off Taiwan earlier this month, highlight Tokyo’s…
Residents of Sudan’s capital reported renewed heavy gunfire on Thursday over central Khartoum and some other areas as many tried to flee the city on the eve of the Eid holiday marking the end of the holy month of Ramadan. Khartoum and its sister cities Omdurman and Bahri have been rocked by fierce battles this…
Cuban lawmakers convened on Wednesday to appoint a new president for the next five years, at a time of social and economic crisis near unprecendented since Fidel Castro’s 1959 revolution. Incumbent Miguel Diaz-Canel, leader of the Communist Party – the country’s only recognised political movement – is widely expected to be re-elected in a National Assembly vote…
A battle that is hammering Khartoum and dragging Sudan to the brink of civil war pits the army chief and his regular forces against the streetwise fighters loyal to a former warlord. Army head General Abdel Fattah al-Burhan controls heavy weapons and the airforce, but his soldiers face a irregular force led by the wealthy, one-time militia…
Indigenous communities in Canada’s oil sands region on Monday called for Alberta’s energy regulator to be disbanded and replaced following a months-long toxic tailings seepage from Imperial Oil’s Kearl oil sands mine. Community representatives were testifying to a parliamentary committee in Ottawa about the impact of the leak and ongoing concerns about oil sands tailings management….
