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Hundreds of flights grounded as typhoon hits Tokyo

  Nasiriyah / AFP A powerful typhoon struck near Tokyo on Monday, the first for 11 years to hit the densely populated region, temporarily shutting down Japan’s biggest airport and grounding more than 500 flights nationwide. Typhoon Mindulle made landfall at about 12:30 pm (0330 GMT) in Tateyama city, 80 kilometres (50 miles) southeast of Tokyo, the Japan Meteorological Agency ...

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Iran says Russian raids from its airbase ‘over for now’

  Tehran / AFP Iran said on Monday that Russian raids on Syria from one of its airbases had ended for now, shortly after accusing Moscow of “showing off” when it revealed the bombing missions. “It was a specific, authorised mission and it’s over for now. They conducted it and they are gone now,” foreign ministry spokesman Bahram Ghasemi told ...

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US bank mergers heading for 7-year high

  Bloomberg Here’s an irony: US regulators looking to avoid bailouts of too-big-to-fail banks have passed so many rules that regional and local lenders are combining to stomach the costs. The result: Banks are bulking up. Mergers and acquisitions by US banks surged last year to about $18 billion, the highest level since 2009. This year, firms are set to ...

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