WASHINGTON/BEIRUT - The U.S. and Arab allies bomb Syria for the first time, killing dozens of Islamic State fighters and members of a separate al Qaeda-linked group, pursuing a campaign against militants into a war at the heart of the Middle East. Full Article
LONDON - British bank Barclays was fined 38 million pounds on Tuesday for exposing customers to unnecessary risks by failing to ensure client assets were properly safeguarded and adequate records kept.
NEW YORK - Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm. "If I had known... I would've done a lot of things differently," he tells Reuters. Full Article
FRANKFURT - When Deutsche Boerse set off to lure Chinese companies to Germany, it dreamed of one day landing a giant like Alibaba. But the exchange operator is licking its wounds after a raft of scandals involving Chinese firms listed in Frankfurt. Full Article
Philips may be splitting its 120-year old company into two, but its problems can't be solved by flicking a switch, says Reuters Breakingviews. Video