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UK's new Conservative government outlines EU referendum plan in pomp-filled Queen's Speech

National News - 39 min 1 sec ago

LONDON - Britain's first all-Conservative government in two decades has unveiled its plans for power, including laws to hold a referendum on European Union membership, give Scotland more autonomy and toughen immigration policies.

Categories: National News

Goldman tops 2015 City of London bank bonus charts

National News - 41 min 41 sec ago

By Jamie McGeever LONDON (Reuters) - Bankers at Goldman Sachs received the highest bonuses in London's banking industry this year but bonuses paid out by the top 10 banks were down overall compared to last year, a survey published on Wednesday showed. Goldman Sachs bankers received an average bonus of 194,000 pounds ($300,000), some 14 percent more than their peers at second-placed Morgan Stanley, according to salary benchmarking site The top five in the survey were all U.S. banks. They paid notably higher bonuses than the leading European banks, in some cases nearly double. ...

Categories: National News

Swiss federal prosecutors open criminal proceedings related to 2018 and 2022 World Cups

National News - 41 min 51 sec ago

Swiss federal prosecutors opened criminal proceedings related to the awarding of the 2018 and 2022 World Cups, throwing FIFA deeper into crisis only hours after seven soccer officials were arrested and 14 indicted Wednesday in a separate U.S. corruption probe. FIFA, meanwhile, said Friday's presidential election would go ahead as planned with Sepp Blatter going for a fifth term. Blatter was not named in either investigation.

Categories: National News

Islamic State suicide bombs in Iraq's Anbar province hit army, kill 17 troops, official says

National News - 43 min 22 sec ago
Islamic State extremists unleashed a wave of suicide attacks targeting the Iraqi army in western Anbar province, killing at least 17 troops in a major blow to government efforts to dislodge the militants from the sprawling Sunni heartland, an Iraqi military spokesman said Wednesday. The attacks came just hours after the Iraqi government on Tuesday announced the start of a wide-scale operation to recapture areas under the control of the IS group in Anbar. Brig. Gen Saad Maan Ibrahim, the spokesman for the Joint Military Command, told The Associated Press on Wednesday that the attacks took place outside the Islamic State-held city of Fallujah late the previous night.
Categories: National News

The Latest on IS: Islamic State frees 2 Christian women abducted in Syria in February

National News - 53 min 42 sec ago
Syrian activists say the Islamic State group has released two Christian women who had been held along with dozens others since February in northeastern Syria. IS kidnapped more than 220 Assyrian Christians in February, after overrunning several farming communities on the southern bank of the Khabur River in Hassakeh province. Osama Edwards, director of the Assyrian Network for Human Rights, says the women, who are 70 and 75 years old, were released on Tuesday and have now reached the northwestern city of Hassakeh.
Categories: National News