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Iran nuclear talks extended seven months after failing to meet deadline

12:09am GMT

VIENNA - Iran and six powers failed on Monday for a second time this year to resolve their 12-year stand-off over Tehran's nuclear ambitions, and gave themselves seven more months to clinch an historic deal. | Video

UK service sector grows steadily in three months to November - CBI

12:07am GMT

LONDON - The services sector that forms the bulk of Britain's economy grew steadily in the three months to November, but companies are growing less optimistic about the outlook, a survey published on Tuesday showed.

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Will German rebound help euro zone?

German business sentiment rebounded in November, breaking a streak of six straight declines. It's a sign Europe's largest economy is gaining momentum again. But as Sonia Legg reports it'll take more than that to get the euro zone's economy back on its feet.  Video 

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Aviva's amicable deal with Friends Life

Aviva is considering a possible 5.6 billion pound merger with Friends Life. As Hayley Platt reports the proposed transaction shows how insurers are having to rethink they way they do business after the British government changed rules covering annuities.  Video 

A man fills a tank of his car at the fuel station of Russian state oil firm Rosneft in St. Petersburg, October 18, 2012.   REUTERS/Alexander Demianchuk

Russia faces losses of up to $140 billion a year

MOSCOW - Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion a year - equivalent to around 7 percent of its economy - Finance Minister Anton Siluanov says.  Full Article 

Electronic vaporizers for use with cannabidiol (CBD)-rich hemp oil are displayed during the International Cannabis Association Convention in New York, October 12, 2014. REUTERS/Eduardo Munoz

E-cigarette boom sparks race for new patents

Electronic cigarette makers are racing to design and buy variations of a technology that has lit a billion-dollar boom, created a new vocabulary, and prompted a backlash from health officials worried about the impact of the new smokeless devices.  Full Article 

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A cheaper way to send money home

Online money transfer companies are increasingly challenging traditional banks by offering lower fees. Ciara Lee visits Azimo, a company seeking to reduce the cost for migrant workers of sending money home.  Video 

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Map of sea ice sheds light on climate change

Scientists release the first ever detailed, high-resolution 3-D maps of Antarctic sea ice. Using an underwater robot equipped with sonar, the researchers mapped the underside of a massive area of sea ice to gauge the impact of climate change.  Video 

The facade of the Bern Art Museum is seen in the Swiss capital of Bern November 24, 2014.    REUTERS/Ruben Sprich

Swiss museum to accept Nazi looted art

BERLIN - The Bern Art Museum has agreed to accept artworks from a billion-euro collection from the late Cornelius Gurlitt, a recluse whose trove included masterpieces looted from their Jewish owners by the Nazis.  Full Article 

Report
Mergers and China rate cut talk get stocks to new records

U.S. stocks once again closed at all-time highs, after a series of mergers, and an exclusive Reuters report that China is ready to cut rates again. Bobbi Rebell reports.