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The skyline of the banking district is pictured in Frankfurt

Banks shrink capital shortfalls under Basel rules

Top international banks collectively need 30 billion euros (25.8 billion pounds) of capital by January 2027 to fully comply with rules aimed at avoiding taxpayer bailouts of lenders, regulators said on Wednesday.

Figures that are part of a Fallas monument burn during the finale of the...

Dragons, politicians go up in flames in Spain's fiery festival

Valencia's Las Fallas festival lit up on the early hours of Wednesday the Mediterranean sky with fireworks and flames from blazing sculptures of all shapes and sizes - beautiful amazons, fairytale dragons and cartoonish effigies of politicians such as U.S. President Donald Trump.