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Shale gas is loser in Obama climate plan

©AP US shale gas is the unexpected loser from President Barack Obama’s climate plan, as the White House abandons its previous enthusiasm for natural gas as a cleaner alternative to coal. Last year Mr Obama…


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China concerns drive commodities lower

Monday 17:30 BST. Renewed concerns about the health of the Chinese economy helped drive industrial commodity prices down sharply while Treasury bond yields hit two-month lows after the release of weak manufacturing figures in the…


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Ukraine rebels kill four troops

Ukrainian troops near Donetsk: After more than a year of fighting there is now a stalemate Ukraine says pro-Russian rebels have killed four of its soldiers and injured 15 in the past 24 hours. The…


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UK begins process of selling RBS stake

©Bloomberg The British government is to sell £2bn of shares in Royal Bank of Scotland, marking the start of the UK’s biggest-ever privatisation and a milestone in the country’s recovery from the global financial crisis….


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Cranes collapse on Dutch buildings

Rescue workers are trying to find out if anyone is still trapped Two cranes employed to restore a bridge in the central Dutch town of Alphen aan den Rijn have collapsed on buildings, injuring at…


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Hayes conviction a big victory for SFO

Tom Hayes, the former trader found guilty over Libor manipulation on Monday, may have been the only man in the dock at Southwark Crown Court but he was never the only one being judged. With…


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Azerbaijanis march to wear shorts

Azerbaijan: March for short-wearing held in Baku By News from Elsewhere… …as found by BBC Monitoring While most people in Azerbaijan are Muslim, the country is secular and Western-style clothing is commonplace Young people have…


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Trader guilty over Libor rate-rigging

Former trader Tom Hayes was found guilty on all eight conspiracy charges Former City trader Tom Hayes has been found guilty at a London court of rigging global Libor interest rates. He is the first…


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GSK rehires suspected China whistleblower

©Bloomberg GlaxoSmithKline has rehired a former senior Chinese employee who was suspected of being the whistleblower behind bribery allegations that led to a £297m fine for the UK drugmaker in China. GSK said on Monday…


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Kos volunteers close migrant project

Thousands of migrants were supported by the volunteer food service which closed on Monday A volunteer group on the Greek island of Kos that was feeding nearly 1,000 migrants a day says it is closing…