The schooner Oosterschelde passes the Canary Wharf business district in London September 5, 2014.  REUTERS/Luke MacGregor

British banks buoyed by new rules on risk buffers

The Bank of England told British banks they will need to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected.  Full Article 


Kurdish peshmerga forces enter Syria's Kobani after further air strikes 9:29pm GMT

SURUC Turkey/BAGHDAD - A convoy of Iraqi Kurdish forces in Turkey rolled late on Friday across the border into Syria to help Syrian Kurds defend the besieged town of Kobani that has become the focus of a Western-backed war against Islamic State insurgents. | Video


Gazprom to resume gas supply once Ukraine pays $2.2 billion

5:31pm GMT

MOSCOW - Russia could resume natural gas deliveries to Ukraine as soon as next week if Kiev pays $2.2 billion (1.4 billion pounds) in debt and pre-payments, gas exporter Gazprom said on Friday, under a deal that also safeguards winter deliveries to Europe. | Video


Judge rejects strict limits on U.S. nurse who treated Ebola patients

9:06pm GMT

FORT KENT Maine - Declaring Ebola fears in the United States "not entirely rational," a judge rejected Maine's bid for a quarantine on a nurse who treated victims of the disease in West Africa but tested negative for it, and instead imposed limited restrictions. | Video


U.S.'s Kerry, Iran minister to meet ahead of deadline for atom deal

9:42pm GMT

WASHINGTON/NEW YORK - U.S. Secretary of State John Kerry will meet Iran's foreign minister and the European Union foreign policy chief in Oman on Nov. 9-10 to discuss the Iranian nuclear issue ahead of a looming deadline for a final agreement, the U.S. State Department said on Friday.


Houthi rebels give Yemen's president 10 days to form government

7:18pm GMT

SANAA - Shi'ite Houthi rebels set an ultimatum on Friday for Yemeni President Abd-Rabbu Mansour Hadi to form a government in 10 days or face "other options", raising the tension in a political standoff that has crippled the country.


UK child sex abuse inquiry in chaos as second head quits

5:41pm GMT

LONDON - A major public inquiry into the British state's failure to stop decades of child sex abuse, and whether political figures tried to cover it up, was in chaos on Friday after the second head of the investigation quit before it has even started work.


Japan's central bank shocks markets with more easing as inflation slows

5:33pm GMT

TOKYO - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April. | Video