Wednesday 27 May 2015

Iranian aid ship to enter Red Sea on Thursday

The captain of an Iranian cargo ship which Iran says is carrying thousands of tonnes of aid to Yemen expects to enter the Bab al-Mandeb strait linking the Gulf of Aden with the Red Sea on Thursday morning, state news agency Irna reported. By crossing the strait, the Iran Shahed w


UBS to pay $545m over forex scandal

UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals. The amount was lower than expected and this contributed to a more than three

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