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Labour to back customs union, says May faces Brexit 'crunch time'


LONDON Britain's opposition Labour party will back a new customs union with the EU, its Brexit policy chief said - a move that would make commerce with the bloc easier but limit the country's ability to strike other trade deals.

North Korea condemns sanctions, but seen open to talks with U.S.

SEOUL Senior officials from Pyongyang visiting South Korea on Sunday said North Korea was open to talks with the United States, hours after it accused Washington of trying to stir up conflict on the peninsula with new sanctions.

1:01pm GMT

Iran says Damascus suburbs assault to continue after U.N. ceasefire call

BEIRUT Iran said pro-Damascus forces would press ahead with attacks on an insurgent enclave near the Syrian capital, as ground fighting raged on there following a U.N. resolution demanding a 30-day truce across the country.

World, Middle East, Syria 1:16pm GMT

South Korea brings curtain down on 'Peace Games'

PYEONGCHANG, South Korea South Korea brought the curtain down on its "Peace Games" on Sunday, with winter sports athletes dancing and singing together at a vibrant closing ceremony, though there was little warmth between dignitaries from the United States and North Korea.

Sport, World 1:40pm GMT

Weakened Merkel to give outspoken critic a cabinet job - source

BERLIN German Chancellor Angela Merkel will promote her most prominent critic from within her conservative party, Jens Spahn, to the cabinet, provided a coalition with the Social Democrats (SPD) goes ahead, a party source told Reuters on Sunday.

11:22am GMT

Daimler in £1.4 billion China investment with BAIC as Geely swoops

BERLIN Daimler and its Chinese partner BAIC plan to invest almost $2 billion in a state-of-the-art factory in China, underlining their relationship as rival Geely makes a surprise swoop on the German carmaker.

1:44pm GMT

With $116 billion cash, Buffett says Berkshire needs 'huge' deals

NEW YORK Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc . | Video

24 Feb 2018

Bank of England's Ramsden sees case to raise rates sooner than he thought

LONDON The Bank of England might need to raise British interest rates somewhat sooner than Deputy Governor Dave Ramsden had expected if wage growth picks up early this year, according to a newspaper interview released on Saturday.

UK 2:41am GMT

Red Cross says 23 staff left over sexual misconduct since 2015

ZURICH The International Committee of the Red Cross (ICRC) said 23 staff members had left since 2015 over sexual misconduct, making it the latest humanitarian organisation to be affected by abuse allegations shaking the aid sector.

24 Feb 2018

At least 14 dead in attack on Yemen counter-terrorism base

ADEN At least 14 people were killed and 40 wounded when Islamist car suicide bombers and gunmen tried to storm the headquarters of a counter-terrorism unit in the southern port city of Aden on Saturday, security and medical sources said.

12:40pm GMT
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