SEOUL - North Korea said on Friday Jang Song Thaek, the uncle of leader Kim Jong Un and previously considered the second most powerful man in the secretive state, has been executed after a special military tribunal found him guilty of treason.
WASHINGTON - President Barack Obama's campaign for Congress to hold off on new sanctions over Iran's nuclear programme won a key endorsement on Thursday when the chairman of the U.S. Senate Banking Committee rejected tightening measures against Iran now.
SOUSCEYRAC, France - 42 billion euros has been pumped into cities and suburbs for social housing and other initiatives. But country-dwellers say some rural areas have been relegated to second-tier status, with a growing lack of essential public services. Full Article
NEW YORK - Europe, long a scapegoat for weak earnings at U.S. multinational companies, is now looking like a more dependable source of profits, and that could make some stocks that have lagged this year's rally more enticing to investors. Full Article
Why did Wall Street celebrate the budget breakthrough with its biggest daily fall in two months? Commentary
Prices and rationing are generally effective tools for economic management. Not in healthcare. The U.S. pricing system is chaotic and British rationing has created a bureaucratic monster. But the two contrasting models are both valid – and could be made to work better. Commentary
An increasingly assertive African Union wanted to deploy forces in the Central African Republic rather than use U.N. troops. Wealthy nations are funding a poorly-equipped regional peacekeeping force instead of authorizing more costly U.N. troops. It reflects new political realities in Africa, Europe and the U.S. Commentary
Currencies have been especially tough to call in the past year. When global rates are so uniformly low, moves in the mammoth FX market seem to be a by-product of what’s happening in other, smaller, asset classes. That makes predictions almost impossible. Commentary
Josh Benton of the Nieman Journalism Lab writes in, asking for a 2014 prediction for the world of news. My answer: 2014 is going to be the year of a big debate about what news is - and especially about whether and how news organisations can ethically report on activity in the virtual world. Commentary
A 1.1 billion euro write down, a shaky alliance with GM and now a 3.3 billion euro lifeline from Chinese carmaker Dongfeng and the French state. Peugeot badly needs help, says Breakingviews. Video
AMSTERDAM - A more nimble approach fostered by Chief Executive Frans van Houten has helped Philips reinvent itself in healthcare, lighting and consumer goods and revived the company's fortunes. Full Article | Video