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Sepp Blatter Stepping Down, Says FIFA Needs ‘Profound Overhaul’

FIFA President Sepp Blatter will step down as head of world soccer's governing body but only after the organization's executive committee organizes a fresh vote "for the election of my successor," he said Tuesday. Blatter did not say when the...

Fifa Scandal: South Africa Denies $10m World Cup Bribe

South Africa has denied paying a $10m bribe to secure the 2010 World Cup, in the wake of a US inquiry into corruption at world football body Fifa. Sports Minister Fikile Mbalula said the money in question was above board...

South Korea Test-Fires Missile That Can Strike All Of The North

South Korea on Wednesday test-launched a new ballistic missile that can hit all of North Korea, the president's office said, developed under a new agreement with the United States that lets Seoul extend the weapon's range to up to...

U.S. Says 10,000 Islamic State Militants Killed In Nine-Month Campaign

More than 10,000 Islamic State fighters have been killed since the international coalition started its campaign against the militant group nine months ago in Iraq and Syria, U.S. Deputy Secretary of State Antony Blinken said on Wednesday. Speaking after the...

ECB To Press Case For Steady QE, May Urge Greece To Accept Deal

The European Central Bank is set to raise its inflation forecast on Wednesday, saying that its trillion-euro-plus asset buying program is already paying off, and may urge Greece to accept a new deal from its creditors to access fresh...

Deutsche Bank Partners With Microsoft, HCL, IBM In Tech Lab Launch

Deutsche Bank (DBKGn.DE) will launch three innovation labs this year, partnering with big development firms to speed creation of financial technology for its own uses and will spend up to 1 billion euros ($1.11 billion) on digital development in...

OPEC To Pump Flat-Out For Months More

OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived demand and knocked back growing competition. With oil prices having stabilized, at around $65 a barrel, some $20...

Greece Will Not Pay IMF On Friday Without Prospect Of A Deal: Lawmaker

Greece will not make a June 5 repayment to the International Monetary Fund if there is no prospect of an aid-for-reforms deal with its international creditors soon, the spokesman for the ruling Syriza party's lawmakers said on Wednesday. The payment...

Brendan Rodgers: Liverpool Boss To Stay After Tom Werner Meeting

Brendan Rodgers is to stay as Liverpool manager following a meeting with the club's co-owner Tom Werner. Werner met the 42-year-old Reds boss in the city on Tuesday as part of his end-of-season review. Liverpool finished sixth in the Premier League...

OPINION: RELOCATION OF THE MILITARY COMMAND CENTRE

In his inaugural address to the nation, Nigerian president, Muhammadu Buhari gave a strange order for the Military Command Centre or the Headquarters to immediately relocate to Maiduguri till terrorism is defeated. Since he made this speech, many so-called...

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