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(MENAFN - AFP) Russian Prime Minister Dmitry Medvedev on Tuesday estimated the economy shrank by two percent in the first three months of the year, due to sanctions pressure and low oil prices.

"Negative trends continue this year" following the crisis of the ruble national currency in late 2014, Medvedev told Russian lawmakers. "Between January and March, GDP went down about ...

 
(MENAFN - AFP) Investor sentiment in Germany fell for the first time in six months in April as weak global growth weighed on confidence, a leading survey found on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute slipped by 1.5 points to 53.3 points in April, disappointing analysts' expectations for a further increase this month, ...

 
(MENAFN - AFP) Airbus Helicopters has won a tender to replace Poland's Soviet-era military choppers, beating out British-Italian group AgustaWestland and US manufacturer Sikorsky, local media reported Tuesday.

Airbus, formerly Eurocopter, has won the tender to deliver 70 multipurpose Caracal EC725 helicopters to Poland's army under a contract worth an estimated 2.5 billion ...

 
(MENAFN - AFP) Banking giant HSBC apologised for a website blunder on its Hong Kong page which directed unwitting visitors to a pornographic site, reports said Tuesday.

In a statement published on Monday, the bank said the link to the external website had been removed from its community projects page and made an apology.

"HSBC would like to apologise to the public for ...

 
(MENAFN - AFP) After Raquel's boyfriend assaulted her, he wrote her a pleading, apologetic letter promising it was the last time.

"I swear it will never happen again. You are the love of my life. FORGIVE ME," he said.

After receiving the letter -- a forlorn, earnest paragraph scrawled in print across a sheet of notepaper -- Raquel decided to take him back.

Five ...

 
(MENAFN - AFP) Billy Sing earned the nicknames "The Murderer" and "The Assassin" as a deadly sniper who shot more than 200 Ottoman troops during the Gallipoli campaign of World War I.

He was also part-Chinese and among thousands from non-European backgrounds, some of whom hid their identity, who joined the Australian Imperial Force to fight for their country despite being ...

 
(MENAFN - AFP) It feels like a luxury restaurant, with starched-uniformed waiters pouring pricy wine and explaining the intricate details of a gourmet menu as diners gaze out at a spectacular mountain view.

But all the servers, the impeccably dressed guests and even the kitchen staff sending out elaborately decorated plates are in fact students at one of Switzerland's famous ...

 
(MENAFN - AFP) Manny Pacquiao's face is on shirts, dolls and postage stamps, his life story is playing in movie houses and millions are getting ready to party as the Philippine boxing hero's "fight of the century" nears.

Pacmania is sweeping the Southeast Asian nation of 100 million people ahead of the May 2 Las Vegas bout against unbeaten Floyd Mayweather to decide who is ...

 
(MENAFN - AFP) The mayor of Haifa, Israel's third largest city, Monday ordered municipal rubbish trucks to block access to a refinery and four petrochemical plants following a scare over high cancer rates.

The standoff began Sunday when Mayor Yona Yahav ordered the revocation of the five firms' business licences after warnings linking high cancer rates in the area to air ...

 
(MENAFN - AFP) European pay-TV broadcaster Sky announced Tuesday that sales and profits climbed in the first nine months of its financial year, lifted by higher subscriber numbers.

Revenues grew five percent to £8.45 billion ($12.6 billion, 11.7 billion euros) in the nine months to the end of March, from £8.05 billion a year earlier, Sky said in a trading update.

Operating ...

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