An employee stands in front of lines of oil barrels at Royal Dutch Shell's lubricants blending plant in the town of Torzhok, Russia, November 7, 2014 REUTERS/Sergei Karpukhin

Shell cuts spending

Royal Dutch Shell shares fall after the oil company missed profit expectations and announced a three-year, $15 billion cut in spending reflecting a steep fall in oil prices.  Full Article 

Britain says fighter jets scrambled to intercept Russian bombers 9:22am GMT

LONDON - British Typhoon fighter jets were scrambled to intercept two Russian Bear long-range bombers which had flown close to UK airspace, Britain's Ministry of Defence (MoD) said on Thursday.

Property sale and rental signs are seen in London, October 18, 2014. REUTERS/Toby Melville

UK house price growth slows again in January

British house price growth slowed on an annual basis for a fifth month in a row in January, further reducing the risk of a bubble in the housing market, figures from mortgage lender Nationwide show.  Full Article 

Anshu Jain, co-CEO of Deutsche Bank AG, walks past the bank's logo during a shareholders meeting in Frankfurt May 22, 2014. REUTERS/Ralph Orlowski

Deutsche Bank posts surprise profit

FRANKFURT - Deutsche Bank has posted a surprise pretax profit of 253 million euros for the last quarter of 2014, helped by an unexpected drop in litigation costs and an upswing in trading revenue at its investment bank.  Full Article 

A man using his mobile phone walks past an advertisement promoting Samsung Electronics' Galaxy Note Edge in Seoul January 28, 2015. REUTERS/Kim Hong-Ji

Samsung's smartphone primacy under threat

SEOUL - Samsung is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings, a day after rival Apple reported the biggest profit in corporate history.  Full Article 

The United States Federal Reserve Board building is shown behind security barriers in Washington October 28, 2014. REUTERS/Gary Cameron

Fed upbeat on U.S. economy

WASHINGTON - The Federal Reserve says the U.S. economy is expanding "at a solid pace" in a signal that the central bank remains on track with its plans to raise rates this year.  Video | Full Article 

A crew member stands in the door of Air Force One waiting for the passenger stairs, upon the arrival of U.S. President Barack Obama at Joint Base Andrews in Washington January 8, 2015. REUTERS/Kevin Lamarque
Aerospace

Boeing 747-8 to replace Air Force One

WASHINGTON - The U.S. Air Force says it will use Boeing's commercial 747-8 airliner to replace its current fleet of two Air Force One presidential planes, a month after Boeing said it would slow production of the aircraft because of declining orders.  Full Article 

Robert Ebode, a 27-year old banker of African origin who grew up in one of the local estates, poses after an interview with Reuters, in Aulnay-sous-Bois, January 22, 2015. REUTERS/Gonzalo Fuentes

In French suburbs, neglect breeds resentment

AULNAY-SOUS-BOIS, France - Soul-searching in France in the weeks since Islamist gunmen killed 17 people has centred on battling radical Islam. In housing estates like those in which the gunmen grew up, this seems to many like seeking a scapegoat.  Full Article