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UNSC urges pause in Saudi Yemen raids

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UNSC urges pause in Saudi Yemen raids

The UNSC urges an end to Saudi Arabia’s military strikes against Yemen and political consultations to resolve the crisis in the Arab country.

Scandal-hit HSBC plans 20,000 job cuts

BUSINESS

Scandal-hit HSBC plans 20,000 job cuts

Europe’s biggest bank HSBC is reportedly planning to axe as many as 20,000 jobs amid a stream of scandals, including its role in tax evasion and rigging foreign exchange markets.

Germans rue missed opportunities in Iran

ECONOMY

Germans rue missed opportunities in Iran

German companies are actively pressing their government to boost efforts to promote trade relations with Iran as Western sanctions over Tehran's nuclear program are being gradually lifted.