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Greece will not make IMF payment on June 5 without a deal: lawmaker

Last Updated: Wednesday, May 20, 2015, 12:45

Athens faces several payments totaling about 1.5 bn euros to the IMF next month and it is in talks with the European Union and the International Monetary in order to clinch a cash-for-reforms deal before it runs out of cash.

Greece says has honoured 200 mn euro interest repayment to IMF

Last Updated: Wednesday, May 6, 2015, 15:09

In order deal with its crippling liquidity problem, the Greek government has ordered public administrations and local authorities to transfer their reserves to the Bank of Greece awaiting a deal with creditors. 

Greece signals concessions in crunch talks with lenders

Last Updated: Friday, May 1, 2015, 15:37

Greece wants an interim deal by next week, hoping this will allow the ECB to ease liquidity restrictions before a 750 million euro payment to the IMF falls due on May 12. Athens has suggested it will struggle to pay the instalment.

Two dead, 26 missing as two ships sink off China

Last Updated: Monday, November 25, 2013, 13:57

In the other accident, a cargo ship `ZIHAISHUN`, registered in north China`s Tianjin, sank off Weihai city around 2.30 am on Monday, leaving 14 sailors missing.

Thai divers search for sunken ferry

Last Updated: Monday, November 4, 2013, 13:43

Thai divers today searched for the wreck of a crowded tourist ferry which sank leaving six dead including three foreigners, as rescuers recounted plucking victims from the water.

Death toll hits 29 in Indonesia boat sinking

Last Updated: Sunday, September 29, 2013, 22:24

The death toll in the sinking of a boat carrying asylum seekers off Indonesia`s coast has risen to 29, while dozens more are still missing.

More than 30 still missing after Australia-bound refugee boat sank: Police

Last Updated: Sunday, September 29, 2013, 11:03

More than 30 people were still missing two days after a boat carrying asylum seekers to Australia sank off the Indonesian coast, killing 22 people including seven children, Indonesian security officials said on Sunday.

BlackBerry move away from consumers unlikely to stem decline

Last Updated: Monday, September 23, 2013, 11:53

he strategic shift and dramatic restructuring are fuelling fears about BlackBerry's long-term viability.

Merchant Navy ship sinks off Lakshadweep, all 22 crew rescued

Last Updated: Wednesday, June 12, 2013, 20:05

A Maldivian container vessel started sinking near off Minicoy islands in Lakshadweep after a engine snag but all 22 crew members, including four Indians, on board were rescued by a Coast Guard ship on Wednesday night.

Divers recover 10 bodies from Nigeria ship sinking

Last Updated: Saturday, June 1, 2013, 00:04

A contractor for Chevron Corp in Nigeria says divers have recovered the bodies of 10 sailors who drowned when their ship sank off the coast.

Ship sinks off Istanbul; 12 crew missing

Last Updated: Tuesday, December 4, 2012, 19:45

Turkish rescuers searched for the crew of a cargo ship that sank in a storm in the Black Sea on Tuesday while a second ship was in danger of being overturned by high waves, officials said.

Death toll from sunken Indonesia boat climbs to 22

Last Updated: Monday, September 17, 2012, 09:55

number of people killed when a wooden ferry boat sank in a river in Indonesian part of Borneo island, has climbed to 22.