A BP logo is seen at a petrol station in London January 15, 2015. REUTERS/Luke MacGregor/Files

BP misses profit forecast

BP reports a second-quarter profit of $1.3 billion, missing analysts' expectations, after taking a $9.8 billion pretax charge related to a settlement with U.S. authorities over the 2010 Gulf of Mexico spill.  Full Article | Related Story 


Honeywell to buy Melrose's Elster business for 3.3 billion pounds 8:21am BST

- Honeywell International Inc said it would buy the utility consumption meter business of Britain's Melrose Industries Plc for 3.3 billion pounds to boost its presence in high-growth regions.

 Labour Party leadership candidate Andy Burnham speaks as fellow candidate Yvett Cooper listens during a hustings event in Stevenage, Britain June 20, 2015.  REUTERS/Darren Staples

Labour Party "frightened of its own shadow"

The Labour Party lacks the courage and big ideas to win back lost voters, MP Andy Burnham, a frontrunner to become the party's new leader, will say today as Labour battles to define its political identity after a painful election defeat.  Full Article 

A Greek flag flutters in the wind above tourists visiting the archaeological site of the Acropolis hill in Athens, Greece July 26, 2015. REUTERS/Ronen Zvulun

Greek creditors seek third wave of reforms

BRUSSELS/ATHENS - International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.  Video | Full Article 

Customers shop for vegetables at a supermarket in Hangzhou, Zhejiang province, June 9, 2015. REUTERS/Stringer

Deflation threat returns to stalk investors

Fear of falling prices in a debt-laden world has returned to unnerve investors and central banks alike, as the slide on oil and commodity markets that set off a deflation scare last year resumes.  Full Article 

Cable cars travel over La Paz, July 23, 2015. REUTERS/David Mercado

Bolivia triples size of its subway in the sky

LA PAZ - Bolivia already has the largest urban cable car system in the world. Now the booming country is tripling the size of the network and will soon have nine lines whizzing above La Paz.  Full Article 

More quizzed over Chile burnings

Chile questions four more former soldiers over the burning of protesters during a strike in Santiago in 1986. Paul Chapman reports.