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Iraqi PM Abadi asks parliament to remove Kirkuk governor

Prime Minister Haider al-Abadi asked the Iraqi parliament on Thursday to hold a vote on removing the governor of Kirkuk from office, the parliamentary speaker’s office said. Abadi’s call came after Kirkuk - an oil-rich province claimed by both the central government in Baghdad and...

Bitcoin slides on 'fraud' warning from JPMorgan's Dimon

Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan (JPM.N) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”. Bitcoin, the original and still the biggest cryptocurrency, has been on a...

Merkel says car industry must work hard to rebuild trust

Chancellor Angela Merkel called on German car industry to clean up its act for the sake of it employees and the wider economy as she opened the Frankfurt motor show on Thursday, pointing to threats on the horizon to the combustion engine. “A lot of trust has been destroyed. That is...