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Fiscal freedom for Scotland would mean spending cuts, tax rises - think-tank

5:43pm BST

LONDON - Scotland would have to make "substantial" spending cuts or increase taxes if the Scottish National Party (SNP) gained full control of the country's finances after next month's general election, the Institute for Fiscal Studies said on Tuesday.

Italian prosecutors blame captain for collision in migrant shipwreck

9:48pm BST

CATANIA, Italy - Italian prosecutors blamed the captain of a grossly overloaded fishing boat for a collision which capsized and sank his vessel off Libya, drowning hundreds of migrants including many women and children locked below deck. | Video

Former Egyptian President Mohamed Mursi sits behind bars with other Muslim Brotherhood members at a court in the outskirts of Cairo, December 29, 2014.  REUTERS/Asmaa Waguih

Former president Mursi jailed for 20 years

CAIRO - Muslim Brotherhood leader Mohamed Mursi is sentenced to 20 years in prison on charges arising from the killing of protesters, nearly three years after he became Egypt's first freely elected president.  Full Article | Factbox 

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Eurozone economy moves up a gear

Germany's key ZEW economic outlook disappoints, but SAP says business software profits are up and Peugeot announces a 10% production hike. Is the 'va va voom' returning to Europe's economy?  Video | Full Article 

Switzerland's national flag flies in front of the headquarters of Swiss bank Credit Suisse at the Paradeplatz square in Zurich April 21, 2015.   REUTERS/Arnd Wiegmann

Credit Suisse hit despite profit rise

Speculation that incoming Credit Suisse Chief Executive Tidjane Thiam could raise cash to boost the bank's balance sheet overshadows a forecast-beating increase in first-quarter net profit.  Video | Full Article 

Britain's United Kingdom Independence Party (UKIP) leader Nigel Farage reacts as he leaves UKIP party local headquarters in Rochester, southeast England, April 20, 2015. REUTERS/Stefan Wermuth

Europe's populists may be peaking

BRUSSELS - It may sound counter-intuitive after the Eurosceptic Finns Party grabbed second place in Finland's general election, but a surge by anti-establishment protest groups sweeping Europe may be peaking.  Full Article | Related Story 

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Can smartship change cruise line's tack?

Cruise operator Royal Caribbean has cut its profit forecast for the year following a dip in quarterly revenue. But with the launch of a new ship hailed as the most technologically-advanced vessel ever built, the firm is betting on a new breed of passenger to boost sales.  Video 

Newly-harvested apples are seen during the harvest in a 8 hectare apple orchard at the Verger d'Epinoy near Cambrai, northern France September 3, 2014.    REUTERS/Pascal Rossignol

"Nutraceuticals" spark M&A

A boom in "nutraceuticals" - food and drinks with potential health benefits - is paving the way for a rush of deals, as food and drug companies compete to dominate a market expected to be worth $280 billion by 2018.  Full Article 

Mercedes Formula One driver Lewis Hamilton of Britain celebrates winning the Bahrain Grand Prix with the trophy in Sakhir April 19, 2015. Action Images via Reuters / Hoch Zwei Livepic

Hamilton still has work to do in Europe

After winning three out of four races and taking a 27-point lead in the standings, Formula One champion Lewis Hamilton has a new challenge as he and Mercedes prepare for the start of the European season.  Full Article | Related Story 

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Prosecutors blame captain for fatal migrant shipwreck

Italian authorities are holding two men on suspicion of smuggling migrants to their deaths in the weekend shipwreck that has shocked Europe. Nathan Frandino reports.