GERMANY

German financial oversight head out after Wirecard scandal

11:26 pm January 29, 2021

Berlin: The head of Germany’s financial supervisory authority will leave the job as the agency is reorganised in the aftermath of the accounting scandal at payment systems provider Wirecard, the finance ministry said Friday. Finance Minister Olaf Scholz said after the scandal erupted last year that he wanted to revamp the country’s financial oversight system. One-time tech star Wirecard filed for protection […]

165 infected with UK variant of COVID-19 in India, says govt

2:59 pm January 28, 2021

New Delhi: The number of people who have tested positive for the UK variant of SARS-CoV-2 in the country has climbed to 165, the Union Health Ministry said on Thursday. All these persons have been kept in single room isolation in designated Health Care facilities by respective state governments. Their close contacts have also been put under quarantine. Comprehensive […]

CMS holds Global Interfaith Convention to promote communal harmony

World shares turn lower on pandemic concerns, ahead of Fed meet

7:52 pm January 27, 2021

Tokyo : Stock markets are down Wednesday as investors focus on the Federal Reserve’s policy meeting and the outlook for the economy as the coronavirus pandemic rages on. European indexes lost early gains after a mixed session in Asia. In the U.S., futures are down 0.8 per cent for both the Dow and the S&P 500. The Fed […]

Russia: gas pipeline to Germany at risk after US sanctions

11:30 pm January 19, 2021

Moscow: Russian state gas company Gazprom acknowledged there is a risk that its undersea pipeline to Germany could be suspended or canceled after the U.S. on Tuesday imposing sanctions on a Russian ship involved in its construction. Germany’s Economy Ministry said it had been informed in advance of the new U.S. sanctions against the Russian pipe-laying ship Fortuna and its owner. ”We take note of this announcement with regret,” the ministry […]

British PM forced to defend India travel ban timing over Delta variant in Parliament

Boris Johnson invites PM Modi to UK for G7 summit in June

4:12 pm January 17, 2021

London : UK Prime Minister Boris Johnson has invited his Indian counterpart Narendra Modi for the G7 summit as he confirmed details on Sunday for the high-level meeting to be presided over by Britain in the coastal region of Cornwall between June 11 and 13. Johnson had extended an invitation to Modi during a phone call last […]