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President Barack Obama has admitted that his failure to pass "common sense gun safety laws" in the US is the greatest frustration of his presidency. In an interview with the BBC, Mr Obama said it was "distressing" not to have...

Fifa has admitted the corruption scandal is putting off new World Cup sponsors and plans to hold a summit with existing backers in August. Secretary general, Jerome Valcke, said: "The current situation doesn't help to finalise any new agreements." Earlier, key...

World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment. The agreement to update the...

When customs officers in the sleepy Senegalese town of Koumpentoum discovered a stash of pills hidden in a bus from Mali in late February, they initially thought it was counterfeit medicine. They stored the haul, poorly concealed in blue plastic...

In splashing $1.3 billion for Britain's Financial Times, media group Nikkei is just the latest in a string of Japanese companies driven to look overseas to escape poor growth prospects from a rapidly aging domestic population. Flush with abundant bank...

Turkish warplanes pounded Islamic State targets in Syria and police detained hundreds of suspected militants across Turkey on Friday, a sign that Ankara may have shed its hesitancy in taking a front-line role against jihadist fighters. Turkey has long been...

China's Foreign Ministry said on Friday the United States was trying to influence a South China Sea arbitration case filed by the Philippines after a senior U.S. official said China would be obligated to abide by the tribunal's decision. China...

Anthem Inc said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal - the biggest ever in the health insurance industry - comes three weeks...

The battered energy sector may begin to brighten a little as companies report second-quarter results, but barring a big increase in the price of oil, the sector won't be able to sustain even current share prices going forward, analysts...

Nigeria's state oil company has yet to assess the damage to a key pipeline carrying gasoline to Lagos and the southwest region following a major explosion, a spokesman said on Thursday. The trunk line was shut down on Wednesday following...