Israel has warned Hamas it will step up its offensive in the Gaza Strip in 36 hours if they do not cease rocket fire. Israel's Finance Minister told IDF radio the time
Israel bombed dozens of suspected guerrilla sites in the Hamas-ruled Gaza Strip on Monday and Palestinian rocket fire from the enclave dropped off as international efforts to broker a truce intensified. Ten
Asian shares rose on Monday, supported by hopes U.S. politicians can overcome an imminent fiscal crunch while the yen fell to a near seven-month low against the dollar on expectations a new
World oil markets are well supplied despite the loss of nearly 1 million barrels a day of crude from Iran following sanctions by the United States and European Union, the head of
International lenders negotiating a bailout with the Cypriot government have agreed on a key capital ratio for banks and a system for the sector's supervision, officials said on Saturday, signalling some progress
Holders of some 1.4 bln euros worth of Bank of Cyprus contingent convertible notes (CoCo bonds) hope to hear some good news from the bank on how to safeguard their securities, with
Any new haircut of Greece's debt should only come as a reward for Athens implementing the reforms it has signed up to, European Central Bank Governing Council member Jens Weidmann said on
Oil giant BP will fork over the largest criminal penalty in the history of the United States and plead guilty to criminal misconduct, sources report, with more charges possibly forthcoming over the
Residents in Tel Aviv are hearing air raid sirens for a second time in the ongoing crisis after Hamas reportedly fired a long-range rocket at Israel’s second-largest city and capital. Witnesses said
Actors and the producer of a Greek play that depicted Jesus Christ and his apostles as gay have been charged with blasphemy, court officials said on Friday. A production of "Corpus Christi"
