ANZ Bank interim profit rises on restructure

ANZ Bank posted a six percent rise in interim net profit Tuesday on the back of restructuring its business to shift the emphasis away from Asia and onto its core assets.The Australia and New Zealand Banking Group's result for the six months to March 31...

Trump downshifts Michelle Obama’s healthy school food scheme

US President Donald Trump's administration on Monday put the brakes on a scheme championed by former first lady Michelle Obama meant to ensure healthier meals in schools through lower salt, fats and sugar.The Agriculture Department said in a statement ...

Selby wins world snooker championship

England's Mark Selby successfully defended his world snooker championship on Monday, beating four-time champion John Higgins 18 frames to 15 in a thrilling contest.The 33-year-old Englishman had trailed 10-4 at one stage but just as he did against Ronn...

UN Security Council to assess Colombia peace gains

UN Security Council ambassadors travel to Colombia this week to take stock of progress in disarming FARC rebels ahead of the June 1 deadline to lay down all weapons.Council envoys will meet with President Juan Manuel Santos and Ivan Marquez, the lead n...

Liverpool tightens hold on third in Premier League

Emre Can scored a sensational overhead bicycle kick as Liverpool galvanised their grip on third place in the Premier League by winning 1-0 at Watford on Monday.Having seen top-four rivals Manchester City, Manchester United and Arsenal all drop points o...

GM says will be first to profit from electric cars

US auto giant General Motors is poised to become the first manufacturer to make a profit from electric vehicles, a GM executive predicted on Monday.The company leads the pack in reducing the cost of electric vehicles and ultimately offering an affordab...

Uruguay to sign up users to buy cannabis in pharmacies

Uruguay, which in July will become the first country selling state-produced cannabis in pharmacies for recreational use, will open a user registry on Tuesday, authorities said.Any Uruguayan or permanent resident wishing to purchase cannabis in that way...

Smoking weakens a gene that protects arteries: study

People who smoke cigarettes may boost their risk of clogged heart arteries by weakening a gene that is otherwise protective of these important blood vessels, US researchers said Monday.The findings point to a genetic explanation for how smoking can lea...

Scandal-hit Maltese PM calls snap elections

Malta's Prime Minister Joseph Muscat on Monday called a snap general election for June 3, bowing to pressure over his family being embroiled in the Panama Papers scandal."Everybody knows about the attacks made in the past few days on me and my family. ...

Main points of new Hamas policy document

The six-page Document of General Principles and Policies unveiled Monday by Hamas, accepts a Palestinian state within the 1967 borders while refusing to recognise Israel.The document underscores the Palestinian Islamist movement's right to armed resist...

Fresh shakeup ousts Fox News co-president

A Fox News Channel co-president resigned Monday, in the latest shakeup for the US cable news giant rocked by sexual harassment allegations.Bill Shine had been co-president since the resignation of news channel chief Roger Ailes, who abruptly quit in th...