BRITAIN

CMS holds Global Interfaith Convention to promote communal harmony

2 Indian-origin businessmen banned in UK for tax evasion

8:21 pm September 19, 2019

London : Two Indian-origin restaurateurs have been banned from the formation, promotion or management of a company without permission of the court over tax evasion, which caused the UK tax department losses of more than 4 million pounds. Sukdev Gill, 55, signed a “disqualification undertaking” with the UK’s Insolvency Service for eight years after admitting […]

Nirav Modi faces suicide risk, politically biased trial in India, UK court told

Nirav Modi remanded to custody in UK prison until Oct 17

3:34 pm September 19, 2019

London: Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until October 17. Nirav, 48, appeared before the Westminster Magistrates’ Court via videolink from his London prison for a routine “call-over” […]

US stocks open sharply lower amid pressure on oil market

Oil prices rocket on slashed Saudi output

8:37 pm September 16, 2019

London: Brent crude surged by 20 per cent Monday — the biggest gain since the 1991 Gulf War — after weekend drone attacks on two Saudi oil facilities halved output in the world’s top crude exporter, fuelling fresh geopolitical and growth fears. WTI oil meanwhile soared 15 percent, also after President Donald Trump warned that […]

Underfire PM calls up Hulk, claims ‘huge’ Brexit progress

7:56 pm September 15, 2019

London: Prime Minister Boris Johnson insisted Sunday that “huge” progress was being made in Brexit talks and declared Britain would break out of the European Union just like the comic book hero Hulk. The Conservative leader made the comments ahead of meetings with European Commission chief Jean-Claude Juncker and EU negotiator Michel Barnier in Luxembourg […]

Ex-PM Cameron slams Johnson over Brexit

2:14 pm September 15, 2019

London: Former British prime minister David Cameron launched a blistering attack on the UK’s current leader Boris Johnson in extracts of his memoirs published Sunday, accusing him of only backing Brexit to further his own career. He said Johnson, who took office in July, believed that campaigning for Britain to leave the European Union during […]