A woman walks through an alley as used pairs of jeans are hung to dry before they are sold in a second-hand clothes market in Kolkata, India, June 29, 2015. REUTERS/Rupak De Chowdhuri

Services industry contracts for a second month in June

India's dominant services industry contracted for a second month in June as new business again declined, suggesting Asia's third-largest economy is struggling to maintain growth, a survey showed on Friday.  Full Article 

India's push to save its cows starves Bangladesh of beef 9:53am IST

Ghojadanga, India/Dhaka - Some 30,000 Indian soldiers guarding the border with Bangladesh have a new mandate under Prime Minister Narendra Modi's government this year - stop cattle from crossing illegally into the Muslim-majority neighbour.

An exhausted oil-covered brown pelican sits in a pool of oil along Queen Bess Island Pelican Rookery, 3 miles (4.8 km) northeast of Grand Isle, Louisiana June 5, 2010. REUTERS/Sean Gardner
Gulf of Mexico Spill

BP reaches $18.7 billion settlement over spill

BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. The agreement adds to the $43.8 billion that BP had previously set aside for criminal and civil penalties and cleanup costs.  Full Article | Slideshow: Gulf of Mexico oil spill 

A referendum campaign poster depicting German Finance Minister Wolfgang Schaeuble is seen as a Greek national flag flutters atop the Athens Academy, Greece, July 2, 2015. REUTERS/Alkis Konstantinidis
Greece Debt Crisis

New opinion poll shows Yes vote slightly ahead

A new opinion poll on Greece's bailout referendum pointed to a closely balanced result in the vote that could decide the country's future in Europe.  Full Article 

Former Goldman Sachs Group Inc board member Rajat Gupta departs Manhattan Federal Court after being sentenced in New York, October 24, 2012. REUTERS/Lucas Jackson/Files
Insider Trading

Rajat Gupta fails to void conviction

Former Goldman Sachs Group director Rajat Gupta failed to persuade a U.S. judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway. Gupta, 66, who is also a former McKinsey & Co global managing director, is serving a two-year prison term, and eligible for release next March.  Full Article 

Rafael Nadal of Spain reacts during his match against Dustin Brown of Germany at the Wimbledon Tennis Championships in London, July 2, 2015.           REUTERS/Stefan Wermuth
Wimbledon

Rafa Nadal's loss sends shockwaves

The untroubled advance of the heavy hitters at Wimbledon was spectacularly halted when twice champion Rafa Nadal was bundled out by German qualifier Dustin Brown.   Full Article | Related Story 

Afghan Air Force helicopters land at the military airport in Kabul December 18, 2014. REUTERS/Mohammad Ismail/Files

Afghanistan targets U.S. defence contractors

Afghanistan is threatening to crack down on U.S. defence contractors it says owe hundreds of millions of dollars in back taxes, including by freezing their bank accounts and refusing to renew yearly business licences when they expire.  Full Article 

Malaysia's Prime Minister Najib Razak says special prayers for the victims of missing Malaysia Airlines Flight MH370 at the National Mosque in Kuala Lumpur January 30, 2015. REUTERS/Olivia Harris/Files
Asia

Malaysia fund slams Razak money wire report

Malaysia's 1MDB said on Friday it never provided any funds to Prime Minister Najib Razak, responding to a report that close to $700 million was wired into Najib's personal account from banks, government agencies and companies linked to the state fund.  Full Article 

Solar Impulse 2, a solar powered airplane attempting a round-the-world flight, flies over Nagoya Airport after taking off from the airport to Hawaii, at Toyoyama town near Nagoya, central Japan, in this photo take by Kyodo June 29, 2015, early morning. REUTERS/Kyodo

Solar-powered plane breaks solo flight record

A Swiss man attempting to circumnavigate the globe with an aircraft powered only by the sun's energy has broken a world record for the longest non-stop solo flight, the project team said.  Full Article 

A DNA double helix is seen in an undated artist's illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/Files

Gene therapy shows promise in cystic fibrosis

Scientists conducting a major trial of a therapy that replaces the faulty gene responsible for cystic fibrosis say the treatment has showed significant benefit for the first time in patients' lung function. Cystic fibrosis is the world's most common lethal inherited disease.  Read 

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Views and Expert Opinion with Sankalp Phartiyal
    Matthew Gault

    Failure of new U.S. weapons systems may be more than science fiction

    A war between China and America is a favorite subject of armchair military analysts. Why would it happen? How would it play out? Authors have written thousands of pages online and off trying to answer these questions. That’s why Ghost Fleet, a new novel by national-security analysts August Cole and P.W. Singer, is fascinating.   Commentary 

    Hugo Dixon

    Tsipras looks like he is crumbling

    It looks like Alexis Tsipras is crumbling. After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.  Commentary 

    John Lloyd

    Grexit signs: Drachma, how we’ve missed you!

    There is no excuse for Greece. Since it joined the European Union in 1981, successive governments of left and right have treated the EU like a witless sugar daddy. They trusted their fellow members to be hopelessly infatuated with this sun-drenched cradle of democracy that the wallet would always open, the numerous peccadilloes always winked at and the answer always yes.  Opinion 

    Matthew Vines

    Even Christian Evangelicals are warming to gay marriage

    Evangelicals are starting to change their minds about gay marriage. In recent months, three large evangelical churches - EastLakeCommunity Church in Seattle, Washington, GracePointe Church in Nashville, Tennessee, and City Church in San Francisco, California - have announced that they no longer believe all same-sex relationships are sinful.  Commentary 

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