LONDON, Oct 15 (Reuters) – It started out simply enough: British pension schemes were looking for a way to match their assets to future pension payments. Schemes run for pharmacy Boots and bookseller WHSmith were early adopters in the 2000s of an investment strategy of dumping stocks for bonds, to shield themselves from interest rate...
MELBOURNE, Oct 15 (Reuters) – On home pitches and with strength across the board, Australia are in the box seat to become the first team to win back-to-back T20 World Cups in a country that has eagerly awaited its chance to stage the global showpiece. Australia were to host the tournament for the first time...
Islamabad, October 13 (special correspondent) – Nazir Khan 64, a cancer stage four patient, is on death bed, claims, he reached this condition because of the NHS and the incompetent Doctors in the UK. Mr Khan is a British citizen, and a resident of Hull, England. In the first week of June, he went to...
DUBAI, Oct 12 (Reuters) – A “flying car” built by Chinese electronic vehicle maker Xpeng Inc (9868.HK) made its first public flight in the United Arab Emirates, as the company works towards launching the electric aircraft on international markets. The X2 is a two-seater electric vertical take-off and landing (eVTOL) aircraft that is lifted by eight...
WASHINGTON, Oct 12 (Reuters) – President Joe Biden pledged on Tuesday “there will be consequences” for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objections. His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee,...
HONG KONG, Oct 12 (Reuters) – When Wang Yang was Chinese Communist Party boss of economic powerhouse Guangdong province, the man now considered a top contender to be China’s next premier displayed a liberal streak that has been less visible since Xi Jinping took power. During his time in Guangdong, which borders Hong Kong, Wang...
Christchurch, October 11 (ESPN) –New Zealand 131 for 1 (Allen 62, Conway 49*, Shadab 1-26) beat Pakistan 130 for 7 (Bracewell 2-11, Santner 2-27, Southee 2-31) by nine wickets On a subcontinental-style pitch in Christchurch, New Zealand’s spin quartet, led by offspinner Michael Bracewell, pinned down Pakistan to a below-par 130 for 7 and set up the hosts’ second...
KYIV, Oct 10 (Reuters) – Russian President Vladimir Putin accused Ukraine of orchestrating what he called a terrorist attack on a key bridge linking Russia and Crimea, as he prepared to hold a meeting of his security council on Monday. “There is no doubt. This is an act of terrorism aimed at destroying critically important...
SEOUL:South Korean Defense Minister Lee Jong-sup met with the commander of the US Indo-Pacific Command in Seoul on Friday to discuss North Korea’s provocations and the Seoul-Washington alliance, Lee’s office said. Lee and Adm. John Aquilino shared the view that the allies have “strongly” responded to North Korea over Pyongyang’s latest ballistic missile tests, according...
WASHINGTON:US announced new economic sanctions on North Korea after launched a series of ballistic missiles he called “unprecedented in their pace, scale and scope.” In a statement,US Secretary of State Anthony Blinken said this year alone, North Korea has launched 41 ballistic missiles, six of them intercontinental ballistic missiles. North Korea has conducted six ballistic...