Browsing: government

Mexico’s state oil giant Pemex on Wednesday reported a nearly $2.7 billion loss in the first quarter. Pemex, which provides a third of Mexico’s government revenue, had a $327 million loss in the same quarter of 2013. The company saw a net loss of $12…

South Korean President Park Geun-Hye apologised Tuesday for her government’s failure to prevent a ferry disaster that left some 300 people dead or missing. Two days after her prime minister resigned over the tragedy, Park voiced profound regret at the…

Shareholders of state-rescued Royal Bank of Scotland will not get to vote on allowing its bankers to earn an EU bonus cap of twice their salary, the government said Friday. UKFI, the body that manages the government’s 81-percent stake in the lender,…

Israel cancelled a session of peace negotiations with the Palestinians scheduled for Wednesday after the Palestine Liberation Organisation and Hamas pledged to form a joint government, an aide to Israel’s prime minister said. “Israel cancelled the negotiations…