Obama condemns killing of reporter, U.S. hits militants in Iraq

11:21pm BST

BAGHDAD/EDGARTOWN Mass. - U.S. President Barack Obama expressed revulsion on Wednesday at the beheading of an American journalist by Islamist militants and vowed the United States would do what it must to protect its citizens as international condemnation of the insurgents grew. | Video

Gaza war rages on, Hamas says Israel tried to kill its military chief

11:10pm BST

GAZA/JERUSALEM - An Israeli air strike in Gaza killed the wife and infant son of Hamas's military leader, Mohammed Deif, the group said, calling it an attempt to assassinate him after a ceasefire collapsed. | Video

Bank of England governor and Financial Stability Board Chairman Mark Carney (C) with Jeremy Harrison and Svein Andresen (R) deliver a Financial Stability Board media briefing at the Bank of England in London March 31, 2014.  REUTERS/Jonathan Brady/Pool

Fund managers face tougher scrutiny

LONDON - Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources said.  Full Article 

A bartender holds a glass of Carlsberg beer in a bar in St. Petersburg June 17, 2014. REUTERS/Alexander Demianchuk

Russian downturn hits Europe's beer makers

COPENHAGEN/BRUSSELS - Russia's drift towards recession has slashed Carlsberg's sales in the country, while Heineken escaped the worst thanks to its smaller exposure to eastern Europe.  Full Article 

A woman walks past a currency exchange store with an Argentine national flag on display in Buenos Aires' financial district, August 14, 2014. REUTERS/Marcos Brindicci

Proposed debt swap aims to protect investors

BUENOS AIRES - Argentina's plan for making payments on its sovereign bonds via a local bank aims to protect the vast majority of creditors who participated in two debt restructurings, Cabinet chief Jorge Capitanich said.  Full Article 

Pedestrians walk past the Bank of England in the City of London May 15, 2014.  REUTERS/Luke MacGregor

BoE splits over rate hike for first time in 3 years

Bank of England policymakers break ranks over interest rates for the first time in three years, with two of them unexpectedly voting to tighten policy, in a move that revives speculation about a 2014 rate hike.  Full Article | Related Story 

A woman walks past an isolation ward (R) set aside for Ebola related cases at the Kenyatta National Hospital (KNH) in the capital Nairobi August 19, 2014.  REUTERS/Noor Khamis

Ebola fears slowing tourist flow to Africa

JOHANNESBURG - The Ebola outbreak in West Africa is putting off thousands of tourists who had planned trips to Africa this year, including to destinations thousands of miles from the nearest infected community such as Kenya and South Africa.  Full Article 

FC Barcelona's new player Luis Suarez (L) jokes with his teammate Lionel Messi during a training session at the Ciutat Esportiva Joan Gamper in Sant Joan Despi, near Barcelona, August 17, 2014.  REUTERS/Gustau Nacarino

Barca appeal against transfer ban rejected

ZURICH - Barcelona lost an appeal against a decision to ban them from the transfer market for two consecutive windows, football's world governing body FIFA said.  Full Article 

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S&P 500 just shy of record

Summary: Hewlett Packard's surprise revenue jump; Stocks mostly higher after Fed minutes release; Hertz shares get hit hard after warning; Target cuts forecast. Bobbi Rebell reports.