Nausheen

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Queen becomes longest reigning British monarch

She wanted no fuss so it is business as usual for Elizabeth II, who becomes the longest reigning monarch in 1,000 years of British history at 5.30pm on Wednesday.<p>Year-by-year: the reign of Queen Elizabeth II – interactive<p>Read more<p>As she adds yet another historic milestone to those amassed during 63 …

Winston Churchill

Australia's iconic Quiksilver files for bankruptcy

The surfwear group, founded in Australia in 1973, which is a competitor of Billabong, has been looking for buyers including a management buyout without success.<p>Under US bankruptcy laws, Chapter 11, Quicksilver would get immediate relief from paying debtors.<p>According to Bloomberg, the investment …

EU: Compulsory quotas needed to relocate refugees

The president of the European Union Commission has presented his plan to tackle the refugee crisis that is dividing governments in Europe, calling on member nations to agree on a plan to take in 160,000 refugees fleeing from war and terror.<p>"It is the time for bold, determined action by the European …