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The Financial Express

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Gucci faces probe over ‘tax evasion’

Gucci faces probe over ‘tax evasion’

Reuters 2017-12-03 12:00:00

Italian tax police have visited the offices of fashion company Gucci for fiscal checks as part of an investigation by Milan prosecutors into suspected tax evasion, a senior source with direct knowledg...

Egyptian lawyer gets prison for inciting rape

Egyptian lawyer gets prison for inciting rape

-- 2017-12-03 11:39:25

An Egyptian court has sentenced a lawyer to three years imprisonment for saying that women who wear ripped jeans should be raped in punishment. Nabih al-Wahsh, a prominent conservative, was also fine...

‘Supermoon’ to light up Sunday’s skies

‘Supermoon’ to light up Sunday’s skies

BBC 2017-12-03 11:18:44

Skywatchers could catch a glimpse of a so-called "supermoon" - when the Moon appears larger and brighter in the sky as it moves closer to Earth - later. It will appear about 7% larger and 15% brighte...

ABC News blunder sent US stocks lower

ABC News blunder sent US stocks lower

Reuters 2017-12-03 10:54:17

ABC News said on Saturday it had suspended Brian Ross, its chief investigative correspondent, over an error in his reporting about former national security adviser Michael Flynn which sent US stocks,...

Honduras rival party demands re-election

Honduras rival party demands re-election

-- 2017-12-03 10:47:32

The main opposition candidate called Saturday for Honduras' disputed presidential election to be held again after the country erupted in deadly protests over the delayed vote count and the government...

India mulls prison term for ‘triple talaq’

India mulls prison term for ‘triple talaq’

-- 2017-12-03 02:36:38

Husbands who attempt "instant divorce" could be sentenced to three years in prison under draft legislation being considered in India. The traditional practice involves a Muslim man saying "talaq" (di...

Apple app to identify irregular heart beats

Apple app to identify irregular heart beats

-- 2017-12-03 02:18:22

Apple on Friday launched a new application that uses data from Apple Watch to detect and notify users when they experience irregular heart rhythms, like atrial fibrillation (AFib)– one of the le...

New app to rate Saudi govt services

New app to rate Saudi govt services

-- 2017-12-02 12:27:27

A new smartphone application for citizens to provide feedback on government services will be launched in early 2018, according to arab news. Hussam Al-Madani, acting director general of the National...

Ex-Trump advisor Flynn pleads guilty in Russia probe

Ex-Trump advisor Flynn pleads guilty in Russia probe

-- 2017-12-02 12:02:48

Former national security adviser Michael Flynn pleaded guilty on Friday to lying to the FBI about his contacts with Russia, and he agreed to cooperate with prosecutors delving into the actions of Pres...

Three Uber security managers resign

Three Uber security managers resign

-- 2017-12-02 12:00:00

Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data...

UK warning of Russian anti-virus software

UK warning of Russian anti-virus software

BBC 2017-12-02 12:00:00

The British government has issued a fresh warning about the security risks of using Russian anti-virus software. The National Cyber Security Centre is to write to all government departments warning a...

Senate approves Republicans' tax overhaul

Senate approves Republicans' tax overhaul

Reuters 2017-12-02 12:00:00

The U.S. Senate on Saturday approved a sweeping tax overhaul, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offeri...

Man with stinky socks arrested

Man with stinky socks arrested

BBC 2017-12-02 12:00:00

Police in India say they have arrested a man whose smelly socks caused a dispute between him and fellow passengers on a bus. They told the BBC they had lodged a complaint against Prakash Kumar, 27, f...

UAE becomes first Arab country at IMO

UAE becomes first Arab country at IMO

-- 2017-12-02 12:00:00

The UAE has now become the first Arab nation to win Category B membership of the International Maritime Organisation (IMO) Council, according to Gulf News. The win was the triumphant result of an ele...

Syria intercepts 'Israeli missile attack' near Damascus

Syria intercepts 'Israeli missile attack' near Damascus

-- 2017-12-02 12:00:00

Israeli missiles struck a military position near Damascus and Syria’s air defence system responded on Saturday, destroying two of them, Syrian state television said. ”The Israeli enemy l...

New Jeddah waterfront open for visitors

New Jeddah waterfront open for visitors

-- 2017-12-02 12:00:00

Jeddah’s new waterfront is now open for visitors. The colossal project was officially inaugurated on Wednesday during a grand opening ceremony led by Prince Khalid Al Faisal, the Emir of Makkah...

Canada’s economy cools in Q3

Canada’s economy cools in Q3

-- 2017-12-02 11:34:09

The Canadian economy slowed in the third quarter after a hot first half of the year as exports tumbled, but an acceleration in hiring and wage growth last month was seen giving the central bank reason...

UN to meet on N Korea nuclear program

UN to meet on N Korea nuclear program

-- 2017-12-02 11:24:22

United Nations Security Council ministers will meet on Dec 15 to discuss North Korea’s nuclear and missiles programs and the body will also meet separately this month to discuss human rights abu...

American Air reaches deal with pilots over scheduling error

American Air reaches deal with pilots over scheduling error

-- 2017-12-02 02:56:17

American Airlines has reached an agreement with its pilots union over premium pay for some December flights, both groups said on Friday, after a scheduling snafu gave too many pilots holiday time off...

Russian parliament to discuss ban on access for US media

Russian parliament to discuss ban on access for US media

-- 2017-12-02 01:05:07

Russian lawmakers are to discuss a proposal to bar representatives of US media organisations from accessing the lower house of parliament, RIA news agency quoted the chair of one of the chamber’...

Asian shares rise marginally

Asian shares rise marginally

-- 2017-12-01 12:33:40

Asian share markets were marginally higher Friday, after an overnight recovery of technology stocks on Wall Street. Japan's Nikkei 225 was flat at 22,724.11 while South Korea's Kospi rose 0.2 per...

Nikkei falls slightly; Sharp soars

Nikkei falls slightly; Sharp soars

-- 2017-12-01 12:05:10

Japan’s Nikkei share average edged down on Friday morning, trimming earlier gains in choppy trade and led lower by real estate stocks. Sharp Corp soared more than 8.0 per cent after the comp...

Japan Oct CPI edges up

Japan Oct CPI edges up

-- 2017-12-01 12:00:00

The core consumer prices in Japan rose in October from a year earlier, marking the 10th straight month of gains, but a narrower measure that excludes energy showed inflation has not accelerated for th...

Hong Kong stocks little change

Hong Kong stocks little change

-- 2017-12-01 11:58:33

Hong Kong stocks little changed on Friday, the sub-index of the Hang Seng index tracking energy shares rose 0.1 per cent while the IT sector fell 1.8 per cent. The top gainer on Hang Seng was Galaxy...

China stocks slip after soft factory growth

China stocks slip after soft factory growth

-- 2017-12-01 11:55:49

China stocks slipped on Friday, after a private survey showed the country’s manufacturing activity grew at the weakest pace in five months in November. At 04:03 GMT, the Shanghai Composite inde...

US stocks rally; Dow hits record high

US stocks rally; Dow hits record high

-- 2017-12-01 11:27:36

Wall Street indexes rallied on Thursday on increasing indications the Republican party’s push for a US tax overhaul may get enough support to pass, while the Dow Jones Industrial Average broke t...

Euro zone stocks slip slightly at opening

Euro zone stocks slip slightly at opening

-- 2017-12-01 03:05:39

European share edged lower at the opening session on Friday, while the financial stocks wilted after a delayed vote on tax reform in the US deflated a rally in the sector. Euro zone stocks fell 0.6 p...

Ireland’s manufacturing output surge

Ireland’s manufacturing output surge

-- 2017-12-01 02:42:51

Ireland’s manufacturing output growth accelerated in the three months to November, surged to an 18-year high, a survey showed on Friday. The output seen higher, with strong new orders at home...

China factory growth slows in Nov: Caixin PMI

China factory growth slows in Nov: Caixin PMI

-- 2017-12-01 02:35:09

China’s manufacturing activity grew at the weakest pace in five months in November as input costs remained high and tougher pollution measures weighed on business confidence, survey showed. The...

India's economy grows 6.3pc in Q3

India's economy grows 6.3pc in Q3

-- 2017-12-01 02:24:50

India's economic growth bounced back in the second quarter (July-September), grew 6.3 per cent in the Q2 from a year earlier, government data showed on Thursday. Gross domestic product (GDP) grew fas...