Pimco said on Tuesday it has rehired Paul McCulley, who was previously a portfolio manager and the bond giant’s top analyst of the U.S. Federal Reserve’s policies, in the latest management change after the departure of the firm’s chief executive Mohamed El-Erian earlier this Continue Reading
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Egypt’s presidential election was extended by a day on Tuesday in an effort to boost lower than expected turnout that threatened to undermine the credibility of the frontrunner, former army chief Abdel Fattah al-Sisi.After Sisi called for record voter participation, low turnout would be seen at home and abroad as a setback for the field […]Continue Reading
Kochi: The 4th edition of Miss Queen of India will be held at Gokulam Park Inn Convention Centre, Kochi on 30th of May 2014. The Pageant aims to discover the freedom of expression and talent of the women of India. This edition of the pageant will bring together the youth of India reflecting the culture […]Continue Reading
The director of a Russian film about corruption that received favourable reviews in Cannes said on Friday Russia’s culture minister disapproved of it but he hoped it would be seen there despite pending curbs on profanity in entertainment. Director Andrei Zvyagintsev, whose film “Leviathan” is being shown in competition at the world’s most Continue Reading
Pakistan has accepted an invitation to Prime Minister Nawaz Sharif to attend the inauguration of Indian Prime Minister-designate Narendra Modi, an official said on Saturday. The Pakistani premier’s attendance will be a first in the history of the nuclear-armed rivals, which have fought three wars since independence in 1947. “There will be a bilateral meeting on Continue Reading
Four heavily armed insurgents attacked the Indian consulate in western Afghanistan’s main city near the border with Iran on Friday, wounding at least two policemen, officials said. Syed Akbarrudin, a spokesman for the Indian Ministry of External Affairs in New Delhi, said on Twitter all personnel were safe and an operation to repel the attackers […]Continue Reading
A California man accused of abducting a 15-year-old girl and holding her captive for a decade was charged on Thursday with rape and kidnapping, as his lawyer suggested the teenager went with him willingly and was treated “like a queen.” Police say the woman, now 25, told detectives she endured a decade of physical and […]Continue Reading
Britain’s top shares traded flat on Wednesday, pegged back by supermarket chain Morrisons which was hit by an analyst downgrade, and stocks trading without the attraction of their latest dividend. Morrisons shed 2.3 percent as Deutsche Bank cut its rating on the grocer to “sell” from “hold”, largely on valuation grounds. It had jumped some Continue Reading
France’s national rail company SNCF said on Tuesday it had ordered 2,000 trains for an expanded regional network that are too wide for many station platforms, entailing costly repairs. A spokesman for the RFF national rail operator confirmed the error, first reported by satirical weekly Canard Enchaine in its Wednesday edition. “We discovered the problem […]Continue Reading
India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country’s new government, top officials at the World Gold Council (WGC) said on Tuesday. Struggling with a ballooning trade deficit, India in 2013 imposed a record high duty of […]Continue Reading



















