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Overnight shelling has taken the death toll from fighting between rival Shi'ite and Sunni Muslim groups in a northern town in Yemen to at least 100 people, a spokesman for one of the groups said on Monday. Sectarian fighting in...

U.S. Secretary of State John Kerry praised Saudi Arabia as a "very, very important" ally on Monday as he visited the Gulf Kingdom on a mission to soothe strains in the relationship over U.S. policy on Iran, Syria and...

Ousted Egyptian leader Mohamed Mursi struck a defiant tone on the first day of his trial on Monday, chanting 'Down with military rule', and calling himself the country's only 'legitimate' president. Mursi, an Islamist who was toppled by the army...

Increased prospects of a European Central Bank interest rate cut this year sent the euro to a six-week low on Monday and boosted the region's share markets, which extended gains on robust manufacturing data. A plunge in the currency bloc's...

Chinese police investigating allegations of widespread corrupt practices at GlaxoSmithKline Plc (GSK) are likely to charge some of its Chinese executives but not the British drugmaker itself, legal and industry sources said. A charge against GSK itself would be a...

Europe's rescue fund should only be used in the last instance to help banks shore up their balance sheets, European Central Bank (ECB) Executive Board member Joerg Asmussen said on Monday. A bank's owners and the market should be tapped...

HSBC (HSBA.L) has become the latest major bank to confirm it is helping with a probe into possible manipulation of global currency markets, after reporting a 10 percent rise in quarter profits on Monday, aided by lower costs. HSBC said...

Google will invest another 450 million euros ($607 million) over the next few years in a data center in Finland, boosting a country struggling with Nokia's decline and weakness in its paper and steel industries. The investment is in addition...

The British government is to scrap a controversial plan to impose a £3,000 security bond on visitors from Asian and African countries, media reports say. A British Home Office spokesperson confirmed that the policy, which was due to come into...

FORMER Vice President Atiku Abubakar was not wrong when he described  Nigerian politicians as sycophants and survivalists, who say things based on convenience. Alhaji Atiku made this  touchy statement during the heat of his political discord   with his estranged boss,...