FRANKFURT, Germany – Swiss bank Credit Suisse Group AG says net profit rose 23 percent to 1.054 billion Swiss francs ($1.13 billion) in the first quarter compared with a year ago. CEO Brady Dougan said Tuesday that earnings were boosted by stronger results at the bank’s wealth management division and …
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LONDON – BP says first-quarter profit fell 26 percent in the wake of the sharp drop in oil prices. The company says Tuesday that net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. BP says the company is “rebalancing” its business …
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VIENNA – The city of Vienna has decided to honor Nelson Mandela by naming a square after him. A city statement issued Thursday says the move recognizes Mandela’s role as an “international example for civil courage and the fight for democracy.” The “Nelson Mandela Square” will be located in a …
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NAIROBI, Kenya – Secretary of State John Kerry will visit Riyadh for discussions with Saudi government leaders on Wednesday and Thursday. The U.S. is pushing for a “humanitarian pause” in the fighting in Yemen that would allow much-needed food, fuel and humanitarian supplies to be delivered to the country and …
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JERUSALEM – Israeli Prime Minister Benjamin Netanyahu on Wednesday completed the formation of a new coalition government, reaching a last-minute deal with a nationalist party just before a midnight deadline. The late-night deal saved Netanyahu from the unthinkable scenario of being forced from office. But it set the stage for …
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KABUL, Afghanistan – Afghan officials say gunmen killed at least two people and kidnapped others in an assault on a cricket match in a rural area near the Pakistan border. Gen. Zelmai Oryakhail, the police chief of Paktia province, said Saturday that gunmen opened fire on the match Thursday, killing …
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UNITED NATIONS – UNITED NATIONS — The U.N. Security Council is calling on Secretary-General Ban Ki-moon to convene peace talks on Yemen. A council statement Tuesday night also welcomed the start of a five-day pause in the fighting to allow the delivery of humanitarian aid, but it warned that “all …
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UNITED NATIONS – The U.N. General Assembly is calling for urgent assistance to help Nepal earthquake survivors and to rebuild the impoverished Himalayan nation so it can better survive future disasters. A resolution approved by the 193-member world body by consensus Friday urges the international community to support the U.N. …
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DERA ISLAMIL KHAN, Pakistan – Pakistani intelligence officials say two missiles fired from a U.S. drone hit a compound in a troubled Pakistani tribal region near the Afghan border, killing three militants. The two officials, who spoke on condition of anonymity because they were not authorized to brief reporters, said …
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CINCINNATI – Lauren Hill’s gray, metal casket was wheeled into the 10,000-seat basketball arena and placed at the spot where she made her first basket only five months ago. No more perfect place to remember her. The 19-year-old college basketball player was remembered Monday with her own music and words …
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