People walk past the head office of Standard Chartered bank in the City of London February 27, 2015. REUTERS/Eddie Keogh

Britain's bank tax jump threatens HSBC, StanChart

LONDON - HSBC and Standard Chartered are looking at the viability of quitting London for a new home in Asia because a big jump in a tax on UK banks makes staying in Britain increasingly painful.  Full Article 

Up to 700 feared dead after migrant boat sinks off Libya 2:52pm BST

PALERMO, Italy - As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight, in what may be one of the worst disasters of the Mediterranean migrant crisis, officials said on Sunday.


Khamenei says Iran nuclear weapons are a U.S. 'myth'

2:16pm BST

DUBAI - Iran's Supreme Leader Ayatollah Ali Khamenei told military commanders on Sunday the United States had created the "myth" of nuclear weapons to portray Iran as a threat, hardening his rhetoric before nuclear negotiations resume this week.


Egypt court seeks death sentence for 11 in football stadium case - TV

2:57pm BST

CAIRO - An Egyptian court on Sunday took a step towards imposing the death penalty on 11 men for involvement in deadly football stadium violence in 2012, in a court session shown on television.


India issues fresh tax notice to Vodafone - report

8:31am BST

MUMBAI - Indian tax authorities have issued a fresh notice to Vodafone Group Plc seeking re-assessment of tax returns for assessment year 2009-2010, news channel ET Now reported on Saturday citing sources familiar with the development.


Life or death? Boston bomber's trial turns to sentencing

12:05pm BST

BOSTON - Convicted Boston Marathon bomber Dzhokhar Tsarnaev is set to return to court on Tuesday for the next phase of his trial, when prosecutors will argue that he should be sentenced to death for his role in the deadly attack in 2013.


Conservatives aim to sell Lloyds shares to small investors

10:17am BST

LONDON - Chancellor George Osborne said on Sunday that he intends to sell billions of pounds of government shares in Lloyds Banking Group to small investors if his Conservative Party wins the May 7 election.

Saudi-led air strikes continue in Yemen, one ground force member killed

Fierce fighting between a Saudi-led coalition and the Iran-backed rebels in Yemen result in the death of at least one member of the Saudi ground force. Julie Noce reports.