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Saudi investments to aid cash-strapped Pakistan

A record investment package being prepared by Saudi Arabia for Pakistan will likely provide welcome relief for its cash-strapped Muslim ally, while also addressing regional geopolitical challenges, analysts say. At the heart of the investment is a reported $10 billion refinery and oil...

Root flops again as Windies peg back England

Joe Root's personal tale of batting woe continued on the opening day of the third and final Test against the West Indies as England were pegged back to 114 for four at tea at the Darren Sammy Stadium on Saturday. England's captain and premier batsman fell to fast bowler Alzarri Joseph...

UBS overhauls pay policy for 10,000 employees

UBS AG (UBSG.S) has overhauled its pay policy for 10,000 staff in an attempt to reduce uncertainty about bonuses and cut the amount of time managers spend on allocating them, the Financial Times reported on Sunday. Employees working in the Swiss bank’s “corporate center”, which includes...

Poland to buy US rocket system for $414 million

Poland said Sunday it will buy mobile rocket launchers worth $414 million (365 million euros) from the United States, as Warsaw seeks closer ties with Washington amid concerns over a resurgent Russia. The deal, due to be signed Wednesday, will "significantly increase the Polish army's...

Chelsea boss Sarri baffled by 6-0 humbling at Man City

Chelsea boss Maurizio Sarri said he could not understand what happened after Manchester City crushed his side 6-0 on Sunday -- their biggest ever defeat in the Premier League. City scored four times inside 25 minutes and added two more goals in the second half to overtake Liverpool on goal...

Geneva to ban religious symbols on public employees

Geneva residents on Sunday voted for a controversial new "secularism law", which will among other things ban elected officials and public employees from wearing visible religious symbols. More than 55 percent of voters in the Swiss canton backed the law, final results showed, despite...

Five things we learned from the Premier League

Manchester City destroyed Chelsea 6-0 to return to the top of the Premier League after Liverpool's convincing win against Bournemouth. Tottenham stayed on the fringes of the title race by riding their luck to beat Leicester 3-1 while Manchester United clambered into the top four for the...

Turkey calls on China to close internment camps for Muslims

Turkey called on China to close its internment camps for Muslims, saying the camps which reportedly hold a million ethnic Uighur people are a “great shame for humanity”. Last week, rights activists urged European and Muslim nations to take the lead in establishing a U.N. investigation into...