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MH17 was shot down by Russian-made missile fired from rebel-held area - prosecutors

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NIEUWEGEIN, Netherlands A Malaysian airliner shot down in eastern Ukraine was hit by a Russian-made Buk missile launched from a village held by rebels fighting Ukrainian government forces, international prosecutors said on Wednesday.

Britain sets out reasons to bypass parliament over EU divorce papers

LONDON The British government's legal reasons for stating that Prime Minister Theresa May has the power to begin divorce proceedings from the European Union without parliament's authority were made public for the first time on Wednesday.

1:53pm BST

More UK stimulus probably needed 'at some point' - BoE's Shafik

LONDON Bank of England Deputy Governor Minouche Shafik played down the likelihood of a further cut in interest rates this year as the British central bank grapples with how aggressively to respond to a slowdown following June's Brexit vote.

UK, Money Home, Money 12:34pm BST

Germany denies preparing Deutsche Bank rescue plan

FRANKFURT The German government denied it was working on a rescue of Deutsche Bank as Germany's biggest lender boosted its balance sheet by selling its British insurance business on Wednesday.

12:49pm BST

Warplanes knock out Aleppo hospital as Russian-backed assault intensifies

BEIRUT Russian or Syrian warplanes knocked a major Aleppo hospital out of service on Wednesday, hospital workers said, and ground forces intensified an assault on the city's besieged rebel sector, in a battle that has become a potentially decisive turning point in the civil war.

2:35pm BST

EU regulators to investigate Deutsche Boerse, LSE mega deal

BRUSSELS EU antitrust regulators opened an investigation into Deutsche Boerse's proposed $28 billion (£21.56 billion) merger with the London Stock Exchange on Wednesday, saying that the deal would reduce competition in key financial market activities.

2:32pm BST

Saudis soften oil stance on Iran but OPEC deal still elusive

ALGIERS OPEC might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

Middle East 1:43pm BST

Israel's elder statesman, Shimon Peres, dies at 93

JERUSALEM Former Israeli president and elder statesman Shimon Peres, a joint winner of the 1994 Nobel Peace Prize and an influential figure in Israeli politics for 70 years, died in hospital on Wednesday aged 93, two weeks after suffering a massive stroke. | Video

World, Israel, Middle East 1:00pm BST

Turkey to draw lessons from Moody's cuts, says reforms underway

ANKARA Turkey will draw lessons from its credit downgrade to "junk" by Moody's but is already tackling some of the challenges highlighted by the agency, including structural reform and improving the quality of its institutions, Finance Minister Naci Agbal told Reuters.

Middle East, G20 2:24pm BST

'Silly' Allardyce says error of judgement led to shock exit

LONDON An emotional and apologetic Sam Allardyce headed for the airport on Wednesday, blaming entrapment for his shock exit as England manager but recognising that an error of judgement had led to his downfall.

UK, Sport 12:58pm BST
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