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Switzerland markets self as safe haven for data


Switzerland, facing an erosion of the banking secrecy laws that helped make it the world’s banker, is now touting its reputation as a safe and stable haven to become a global data vault.

Yuan now world’s 5th currency

China’s yuan has become the world’s fifth most widely used payments currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organisation SWIFT s

Spanish city’s seedy streets get makeover

Vivid and striking murals adorn buildings in the Spanish portside district of Malaga.	— AFP

Weird and wonderful murals are seen in the sleazy district of Malaga, thanks to a once renegade art movement

Australian open 2015: Top seeds on fire

USA’s Serena Williams celebrates her 6-2, 6-2 win over Dominika Cibulkova of Slovakia in the Australian Open quarter-finals.— AP

Novak Djokovic and Serena Williams lived up to their top billing on Wednesday with the world number ones ripping apart Milos Raonic and Dominika Cibulkova to power into the Australian Open semi-finals

Safety first, say New York officials on storm shutdown

New York authorities and meteorologists on Tuesday defended a decision to shut down America’s biggest city for a storm that skirted the Big Apple, dumping the worst snow east and north.

Jordan to free militant if ISIS releases hostage pilot

Jordan offered Wednesday to free a female jihadist in exchange for a Jordanian pilot held by the ISIS group, which is threatening to execute the airman and a Japanese journalist.

Barack Obama seeks Saudi Arabia help to tackle ISIS

Barack Obama

US President Barack Obama led a heavyweight delegation to Saudi Arabia to meet new King Salman and discussed the two countries’ ongoing fight against the Islamic State group.

EU: No plan to reduce Greek debt

Merkel wishes Tsipras strength and success; anti-austerity economist named finance minister

‘AirAsia wreckage recovery called off’

The Indonesian military on Tuesday called off efforts to recover the wreckage of an AirAsia plane that crashed into the Java Sea last month, after failing to find any more bodies inside the fuselage.

‘Americans still confusing Sikhs for Muslims’

More than a decade after 9/11, Americans who come across a turban-wearing Sikh are still prone to mistaking him for a Muslim, according to a study released on Monday.

Sweet are the uses of bonhomie. All that jocular stuff between Prime Minister Narendra Modi and US President Barack Obama during the latter’s visit to India this week was a clincher.

I am happy that we have more tigers today than yesterday. But I am not happy that, as a nation, we are bent on counting tigers and alternately moaning or gloating over it.