Britain's Prime Minister David Cameron delivers a speech at JCB World Headquarters in Rocester, central England November 28, 2014.  REUTERS/Oli Scarff/Pool

Treaty change needed to curb immigration - Cameron

David Cameron hints that he might recommend a British exit from the European Union if it stops him restricting EU migrants' access to UK welfare benefits. But the Prime Minister says he is confident it will not come to that.  Full Article 

Photo

Exclusive - P&G exploring sale of $7 billion Wella hair care unit: sources 6:34pm GMT

LONDON - Procter & Gamble Co is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion (4.48 billion pounds), sources familiar with the matter told Reuters, as the world's largest consumer products company streamlines its business.

Photo

Exclusive - KKR, Apax brace for mobile battle with EE prime target: sources

5:38pm GMT

LONDON - Private equity funds KKR and Apax are looking to revive plans to snap up EE if Britain's largest mobile operator misses out on a deal with BT Group, sources familiar with the situation said.

Photo

Fifteen Islamic State targets hit by U.S., allies since Wednesday - U.S.

4:09pm GMT

WASHINGTON - The U.S. military and its allies hit Islamic State forces with 15 air strikes in Iraq and Syria during a three-day period, the U.S. Central Command said on Friday.

Photo

Standard Chartered hit with first S&P downgrade in 20 years

3:50pm GMT

LONDON - Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered for the first time in 20 years on Friday, citing the "tough period" the Asia-focused bank was going through and its weaker credit-worthiness.

Photo

Pope condemns 'barbaric violence' of Islamic State

6:06pm GMT

ANKARA - Pope Francis said on Friday fighting hunger and poverty, rather than military intervention alone, were key to stopping Islamist militants carrying out "barbaric violence" in Syria and Iraq. | Video

Photo

Ferguson police block clean-up brigade from entering damaged area

6:09pm GMT

FERGUSON, Mo. - A group of people in Ferguson, Missouri, on Friday attempted to enter a main thoroughfare of the St. Louis suburb to clean up stores damaged in this week's racially charged rioting but a line of police blocked them from entering the area. | Video

Report
ECB's Mario Draghi faces inflation test (again)

German and Spanish retail sales bounce back strongly in October but it's small cheer for the euro zone. Latest data shows unemployment still at 11.5 percent for the third consecutive month - and inflation cooling to 0.3 percent in November, suggesting deflation remains a real threat for the ECB. David Pollard reports.