Latest updates

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  EU leaders face tough talks at tax fraud summit

  22 May 2013 : Leaders of recession-hit Europe take a fresh stab at fighting tax fraud and evasion worth a trillion euros a year at a summit Wednesday but seem unlikely to convince reluctant Austria and Luxembourg to sign on.

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  Landmark US immigration bill clears key Senate hurdle

  22 May 2013 : A sweeping overhaul of the US immigration system took a major step toward viability when a Senate panel gave bipartisan approval to a landmark bill offering a path to citizenship for millions.

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  Russia PM switches to helicopter for daily commute

  28 Mar 2013 : Russian Prime Minister Dmitry Medvedev has switched to using a helicopter rather than a car for his trip to work from his suburban residence and other travel around Moscow, his spokeswoman said Wednesday.

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  Twitter ad revenue heading toward $1 bn: eMarketer

  28 Mar 2013 : Twitter is on pace to earn more than a half-billion dollars in ad revenue this year and close to $1 billion next year, industry tracker eMarketer estimated on Wednesday.

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  War crimes court jails Bosnian Serb ex-officials for 22 years

  27 Mar 2013 : The Yugoslav war crimes court on Wednesday jailed for 22 years two former Bosnian Serb officials closely linked to ex-leader Radovan Karadzic, for their roles in a campaign to rid Bosnia of Muslims, Croats and other non-Serbs early in the Balkan country's 1992-95 war.

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  Bersani says only mentally ill would want to run Italy

  27 Mar 2013 : Centre-left leader Pier Luigi Bersani said Wednesday that only a mentally ill person would want Italy's top job as he scrambled against the clock to secure enough support to form a government in the recession-hit country.

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  Huge attack slows internet worldwide

  27 Mar 2013 : The largest known distributed-denial-of-service (DDoS) attack in the history of the internet is currently slowing down the Net worldwide.

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  UK banks told to fill pound sterling25 bn capital black hole

  27 Mar 2013 : Major British banks must reinforce their capital by pound sterling25 billion ($38.8 billion, 29.5 billion euros) by the end of 2013 after underestimating the potential losses and fines they face over the next three years, the Bank of England said on Wednesday.

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  Brazil Olympics stadium shuts over roof problems

  27 Mar 2013 : Brazil's preparations for the World Cup and Olympic Games have run into further trouble after the authorities indefinitely closed a Rio de Janeiro stadium because of roof problems, the city's mayor announced.

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  India celebrates Holi, festival of colours

  27 Mar 2013 : From soldiers in the north to teenagers in the south, Indians of all hues threw water-filled balloons and smeared coloured powder on each other to celebrate the festival of Holi on Wednesday.

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  Cyprus imposes ATM controls

  27 Mar 2013 : NICOSIA - Cypriot finance minister Michalis Sarris imposed capital controls on Wednesday following the island's international bailout, stipulating a maximum cash withdrawal of 300 euros a day.

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  US top court signals it could nix gay marriage law

  27 Mar 2013 : The Supreme Court signalled Wednesday it could throw out a US law that defines marriage as strictly between a man and a woman, in a second day of hearings on the thorny issue of same-sex marriage.

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