Italy's third largest bank to slash its workforce

The third largest bank by asserts in Italy has announced to cut its workforce by 6500 in 2017 . According to the management of the firm the overhaul process will include the closure of nearly a thousand out of over three thousand of its branches across the globe but mainly in Italy .
The exercise is to raise funds of about £10.6 billion and to write off the bad debt from its balance sheet in order to raise profitability .

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Same-sex marriage legalized in Germany

There has been lots of celebration in Germany as the country's lawmakers legalized Same-sex marriage. Homosexual and lesbianian couples will now be able to get married legally and therewith adopt children, this act has made Germany to be in line with several European countries that have done same. The German Parliament passed this bill into law but Merkel was against the bill.

James Bond is dead at 89

Sir Roger Moore a Hollywood actor popularly called James Bond has been confirmed dead by his family at the age of 89 in a hospital in Switzerland. Bond has featured in many movies but the most popular is that of 007 on a secret mission for his nation.

Terrorist attacks London mosque

In London a 48 years old man has been arrested and kept in custody by the London police as a potential suspect to the attack in mosque that has killed at least one person. The victim of the attack was killed when a vehicle drove cross a pedestrian near a Muslim worship center North London. The London mayor has announced the deployment of more police officers to cotail the situation.

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