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Oil market surges on shock output cuts

Oil market surges on shock output cuts

World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts that defied US calls for higher production to keep inflation down.

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Greek trains resume on route of deadly train crash

Greek trains resume on route of deadly train crash

Five weeks after Greece's worst rail disaster, which killed 57 people, partial service resumed on Monday on the main train line linking Athens and Thessaloniki, the country's second-largest city.

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Kosovo ex-president tried to 'eliminate' opponents, trial hears

Kosovo ex-president tried to 'eliminate' opponents, trial hears

Former Kosovo president Hashim Thaci led a bloody campaign against opponents that resulted in more than 100 murders during the 1990s independence war against Serbia, the start of his war crimes trial heard Monday.

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Sergio Ermotti: George Clooney of Swiss banking back as UBS boss

Sergio Ermotti: George Clooney of Swiss banking back as UBS boss

Sergio Ermotti, back as chief executive of UBS to oversee the mammoth takeover of Credit Suisse, has gone from local apprentice to the two-time boss of a top global bank.

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Serge Gainsbourg home to open in September

Serge Gainsbourg home to open in September

The time capsule home of Serge Gainsbourg, one of France's most loved -- and notorious -- singer-songwriters, is to finally open to the public on September 20.

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Headmistress guilty of sexual abuse at Australian school

Headmistress guilty of sexual abuse at Australian school

A former headmistress was found guilty on Monday of sexually assaulting two sisters at an ultra-orthodox Jewish school in Australia, 15 years after she escaped arrest by fleeing to Israel.

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Turkey's inflation slows to 50% ahead of election

Turkey's inflation slows to 50% ahead of election

Turkey's annual inflation rate slowed to 50 percent in March, official data showed on Monday, delivering another boost for President Recep Tayyip Erdogan ahead May elections.

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Malaysia ready to negotiate with China on South China Sea: PM

Malaysia ready to negotiate with China on South China Sea: PM

Prime Minister Anwar Ibrahim said Monday that Malaysia was prepared to negotiate the South China Sea dispute with Beijing to safeguard the country's energy exploration efforts.

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Troubled investment bank China Renaissance suspends share trading

Troubled investment bank China Renaissance suspends share trading

Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results.

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Australian women cricketers get hefty pay rise

Australian women cricketers get hefty pay rise

Australia's women cricketers secured a huge pay increase Monday, with the top contracted player on course to earn more than Aus$1 million (US$666,000) a year.

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