Bangladesh hands Nobel Laureate Yunus $1.1m tax bill

Bangladesh’s top court has ordered Nobel laureate and microfinance pioneer Muhammad Yunus to pay more than $1 million in taxes on a $7 million donation made to three charitable trusts, lawyers said Monday. Yunus, 83, is credited with lifting millions out of poverty with his pioneering micro-credit bank, but he has fallen out with Prime […]

Continue Reading

Ryanair announces surging quarterly profit

Irish no-frills airline Ryanair on Monday announced surging profits for its first quarter, recovering from disruption to traffic one year earlier in the wake of Russia’s invasion of Ukraine. Profit after tax soared to 663 million euros ($738 million) in the three months to the end of June from 170 million euros in the carrier’s […]

Continue Reading

Thousands more evacuated as Greece battles wildfires

Authorities evacuated nearly 2,500 people from the Greek island of Corfu on Monday as crews fight several wildfires in heat-battered Greece. Tens of thousands of people have already fled blazes on the island of Rhodes, with many frightened tourists scrambling to get home. About 2,400 visitors and locals were evacuated from Corfu from Sunday into […]

Continue Reading

Prison riot in Ecuador kills at least six inmates

Rival gangs fought in a prison in Ecuador, killing at least six inmates in the latest riot to hit the troubled penal system, the government said Sunday. Another 11 prisoners were injured in the new bout of violence in the Guayas 1 prison in the port city of Guayaquil overnight Saturday into Sunday, the agency […]

Continue Reading