|Russian defense minister happy with results of Syria mission - |
|Lloyds Banking Group posts surging profits - |
Lloyds Banking Group announced soaring annual profits Wednesday on lower charges linked to an insurance scandal, as it awaits a full return to the private sector following a state bailout. LBG pointed to an "uncertain" economic outlook as Britain prepares to exit the European Union but said the UK economy was in good shape having performed better than expected following last June's referendum in favour of Brexit. Lloyds is cutting 3,000 jobs this year, bringing to 12,000 the number of positions it has decided to axe since 2014, while -- in a sign of its turnaround -- the bank bought Bank of America's UK credit card division MBNA for Â£1.9 billion in December.
|Exclusive: China finishing South China Sea buildings that could house missiles - U.S. officials - |
By Idrees Ali WASHINGTON (Reuters) - China, in an early test of U.S. President Donald Trump, has nearly finished building almost two dozen structures on artificial islands in the South China Sea that appear designed to house long-range surface-to-air missiles, two U.S. officials told Reuters. The development is likely to raise questions about whether and how the United States will respond, given its vows to take a tough line on China in the South China Sea. China claims almost all the waters, which carry a third of the world's maritime traffic.
|Convicted ex-Hong Kong leader jailed 20 months for misconduct - |
Former Hong Kong leader Donald Tsang was sentenced to 20 months in prison on Wednesday after a high-profile corruption trial found him guilty of misconduct during his time at the helm of the city. Tsang, 72, who held the leadership post of chief executive for seven years from 2005, is the most senior city official ever to be convicted in a criminal trial and the highest ranking one to be put behind bars. The six-week trial at the High Court came as residents lose faith in Hong Kong's leaders after a string of corruption cases fuel suspicions over links between public officials and business figures.
|Hillary Clinton Finally Stepped in to Advise President Trump - |
After months of passive tweets, Hillary Clinton finally called on POTUS speak out against anti-Semitic attacks. President Trump employed Breitbart News chairman, Steven Bannon, as chief Whitehouse strategist, leading some to believe he's encouraging anti-Semitic behavior.