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(MENAFN - AFP) The little Belgian town of Waterloo is feverishly preparing to celebrate the 200th anniversary of one of history's greatest battles, hoping it can reclaim its name from a London railway station and an ABBA song.

Two centuries after it became famous as the place where "Napoleon did surrender," the former farming village has become a sleepy suburb 25 kilometres ...

 
(MENAFN - AFP) Churning out 1.2 tonnes of curry in under an hour, staff running the spotlessly clean, high-tech kitchen are hoping to turn around the shocking reputation of India's free school lunch scheme.

As a large machine rolls out thousands of fluffy, hot rotis (flat breads), aproned men add spices to vegetables and broths cooking in giant steel pots in the three-storey ...

 
(MENAFN - AFP) South Korea on Tuesday reported its first deaths from the MERS virus, following the largest outbreak outside the Middle East that has infected 25 people and triggered widespread public alarm.

A 58-year-old woman died of acute respiratory failure on Monday and tests later came back positive for MERS (Middle East Respiratory Syndrome), the health ministry said. ...

 
(MENAFN - AFP) There has been "serious progress" in talks over Greece's debt crisis but much still needs to be achieved, the EU's commissioner for Economic and Monetary Affairs said on Tuesday.

There is still "work to be done," Pierre Moscovici told French radio after emergency negotiations in Berlin joined unexpectedly by the heads of the International Monetary Fund and ...

 
(MENAFN - AFP) India's central bank on Tuesday cut interest rates for the third time this year and downplayed recent growth in Asia's third-largest economy, saying investment remained weak.

The Reserve Bank of India (RBI) lowered the benchmark repo rate -- the level at which it lends to commercial banks -- by 25 basis points to 7.25 percent with immediate effect.

It ...

 
(MENAFN - AFP) Australia on Tuesday kept interest rates at 2.0 percent after slashing them to a record low last month, and called for a weaker currency to help counter a sluggish economy struggling with soft business spending.

The Reserve Bank of Australia has been loosening monetary policy as the country exits an unprecedented China-driven mining investment boom and non-resources ...

 
(MENAFN - AFP) President Ma Ying-jeou warned Tuesday of damage to Taiwan's economy if the legislature does not pass controversial trade deals with China, which have stalled in the wake of mass protests.

His comments come as tensions remain high over increased Chinese influence on the island.

"I would like to voice my concern over related agreements with China still ...

 
(MENAFN - AFP) Asian markets mostly fell Tuesday, with Tokyo declining after a 12-day rally, while in Europe Greece's creditors held impromptu talks aimed at resolving the country's months-long debt crisis.

However, mainland Chinese shares had advanced more than one percent in the afternoon, adding to the previous day's surge and almost erasing a near-seven percent slump ...

 
(MENAFN - AFP) Japan's Takata said it would redesign some driver-side airbag inflators, in the latest chapter of a global auto parts scandal linked to six deaths and the recall of millions of vehicles.

In prepared testimony to be delivered to the US Congress on Tuesday, Kevin Kennedy, executive vice president at Takata's American arm TK Holdings, said the company is pushing ...

 
(MENAFN - AFP) Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News reported on Tuesday.

The number of job cuts has yet to be finalised, but "insiders said that it was likely to be between 10,000 and 20,000", Sky reported.

The cuts to be announced by chief executive Stuart Gulliver at an investor update on June ...

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