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Loeb's Third Point targets 'staid' Nestle for change

Activist investor Daniel Loeb's Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland's Nestle SA and urged the world's largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses.

Mosul celebrates first Eid without Islamic State in years

People in the Iraqi city of Mosul celebrated their first Muslim Eid holiday without Islamic State in years on Sunday after the militants were ejected from much of the city, and hoped the battle to recapture the remaining area would soon be over.

Turkey's Erdogan says Arab demands on Qatar unlawful

President Tayyip Erdogan on Sunday dismissed calls for Turkey to close a military base in Qatar and said a wider list of demands issued by four Arab states was an unlawful intervention against the Gulf state's sovereignty.

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