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Italian savers bank on post office to survive next crisis

Italians worried about the stability of their banks have found a new place to put their money: the state-controlled post office. "Nobody knows where your money is safe today," says Leonardo Galli, a 58-year-old accountant who has resolved to move all his savings out of his bank to a current...

Iraq seizes 19 villages on 1st day of Mosul offensive

Iraqi forces and Kurdish troops have taken 19 villages on the first day of a major offensive to recapture the northern city of Mosul from Daesh militants.  The Iraqi army and Kurdish Peshmerga forces launched a much-awaited operation late Sunday to retake Mosul – the last Daesh...

Manchester City make record revenue

(The Daily Star)- English Premier League leaders Manchester City Tuesday announced record turnover of $480 million and its Abu Dhabi owners said the club has reached a "turning point". City, who were hit by UEFA sanctions over their finances in 2014, announced a 20 million pound ($24.5...