Sunday 26 June 2016
 
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Britain votes to leave EU, Cameron steps down

Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two.   Global financial

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Gulf Air top executive resigns

Gulf Air’s acting chief executive Maher Al Musallam has resigned, a report in the Gulf Daily News, our sister newspaper, said quoting an airline spokesperson. The airline confirmed reports that while Al Musallam had put i

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Toshiba CEO quits over accounting scandal

Toshiba Corporations’s chief executive Hisao Tanaka and a string of other senior officials resigned yesterday (July 21) for their roles in the country’s biggest accounting scandal in years. Tanaka will be temporarily r

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Fifa president Blatter ‘has not resigned’

Sepp Blatter has told a Swiss newspaper he has not quit as Fifa president, adding to speculation he may try to stay on as head of world soccer's governing body that is gripped by a corruption scandal. "I have not resigned

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Tesco chief to quit over finance blow

The chairman of Britain's biggest grocery chain, Tesco, resigned after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought. Tesco, Britai

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Yemeni govt offers to resign to end Houthi protests

Yemen's government offered on Saturday to resign within a month and to review an unpopular decision to cut fuel subsidies in an attempt to end protests by the Shi'ite Houthi movement, a government source told Reuters. Tens

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Key equity banker resigns from Saudi Fransi

Amr Al-Jallal, described as a key member of Banque Saudi Fransi's equity capital markets operation, has left the bank to join Saudi Arabian investment firm Jadwa, the head of Fransi's investment bank confirmed. Jallal, who

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Egypt govt quits; Sisi set to run for presidency

Egypt's government has resigned, the prime minister said on Monday, a step likely to pave the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president. "(The government) made every effo

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BREAKING NEWS: Egyptian government resigning

Egyptian Prime Minister Hazem el-Beblawi said on Monday the government is to resign. "Today the cabinet took a decision to offer its resignation to the president of the republic," Beblawi said in a televised statement. H

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Kuwait ministers submit resignations to PM

Kuwait's cabinet ministers submitted their resignations on Monday to the prime minister, a move that could pave the way for a cabinet reshuffle. The resignation, which came a day before a possible no-confidence vote against Pl

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