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Obama eyes a chance to make his mark on climate change

US President Barack Obama delivers remarks to reporters after meeting with Turkey's President Tayyip Erdogan at the Regnum Carya Resort in Antalya, Turkey on Sunday. Picture: REUTERS

After fiasco in Copenhagen, before he leaves office, Paris summit offers US President Barack Obama chance to make his mark in fight against global warming


Chinese stocks suffer but metals perk up

A board in Beijing shows stock prices on the Shanghai Securities Exchange on Wednesday. The Chinese government froze stock markets amid a dramatic correction last month. Picture: REUTERS

Chinese shares slump 5%, hit by regulatory, industrial sector worries, but it is not enough to derail first weekly rise for metals such as copper, zinc since early October


Destruction of Amazon forest increases in 2015


Devastation of largest intact rainforest increases from a year ago as government struggles to enforce legislation, stop illegal clearings

Financial Services

Standard Bank in UK court over fraud allegations

Standard Bank. Picture: MARTIN RHODES

The bank’s UK unit, which could pay up to $40m in fines if an agreement to suspend prosecution is approved in court, had indemnified 60% owner ICBC of China


Raspberry Pi rolls out $5 computer


The Raspberry Pi Foundation was planning to make future Pi’s a little more expensive — instead, it releases its cheapest product yet, the Pi Zero


Abe rolls out more spending to revitalise economy

Japanese Prime Minister Shinzo Abe. Picture: REUTERS

Japanese Prime Minister Shinzo Abe tells his cabinet to compile extra budget for current fiscal year in latest attempt to revive sputtering economy


Saudi women begin their first-ever election campaign

Nassima al-Sadah, a candidate for municipal councils in the Gulf coast city of Qatif, working at her office in Qatif 400 kilometers east of the Saudi capital, Riyadh. Women in Saudi Arabia begin their first-ever electoral campaign on November 29, a step forward for both women’s rights and the kingdom’s slow democratic process. AFP

Saudi Arabia takes tentative steps towards better representation of women in kingdom as female candidates prepare to stand in municipal elections


Is terror a crime or an act of war?

Treating the recent terrorist attacks in the shadow of the Eiffel Tower as acts of war may not necessarily be the best answer in terms of international law, the writer argues. Picture: REUTERS/BENOIT TESSIER

Law enforcement is more successful in fighting terrorist groups than military force


The state beyond the terror

Militant Islamist fighters hold the flag of Islamic State while taking part in a military parade along the streets of northern Raqqa province, Syria. Picture: REUTERS

We have to draw the Islamic State into the world community somehow

A woman cries during a protest in front of the Turkish embassy in Sofia, Bulgaria, on Thursday. Picture: EPA/VASSIL DONEV

EDITORIAL: A complex and vexing conflict

Defeating IS will take more than military might


North and South Korea plan further talks to ease tension


North, South Korea agree to hold talks at vice-minister level next month, after meeting aimed at further easing tension following end to armed standoff in August


Chinese Communist party reshuffles military and extends control

Chinese troops march at a parade marking the 70th anniversary of the end of the Second World War. Picture: REUTERS/ROLEX DELA PENA

China will carry out sweeping reforms to structure of military, in moves intended to enhance ruling Communist Party’s control over People’s Liberation Army


Russia takes aim at imports from Turkey

Vladimir Putin. Picture: AFP PHOTO/ALEXEI NIKOLSKY

Agricultural products from Turkey subjected to additional border checks and laboratory controls after 15% of goods found to breach Russian requirements


Migration to Britain reaches record high


Data could make uncomfortable viewing for the government of Prime Minister David Cameron, has who has vowed to curb immigration


Brazil dam’s failure flooded region with toxic waste, UN report says

Rescuers search for victims in the Brazilian village of Bento Rodrigues after a dam burst at Vale and BHP Billiton’s iron-ore venture. At least one person is confirmed dead and 13 workers missing. Picture: REUTERS/RICARDO MORAES

UN experts reveal new evidence showing the presence of heavy metals contradicting repeated statements by the Brazilian government and mining companies


Hollande’s anti-terror marathon takes him to Moscow to meet Putin

Francois Hollande. Picture: REUTERS

German Chancellor Angela Merkel pledges support for French President Francois Hollande’s mission to build a coalition to crush Islamic State


Australian firefighters battle deadly blaze

A firefighter tries to stop a blaze in Cape Town on March 2 2015. Picture: EPA/NIC BOTHMA

Wildfire in South Australia has killed two people and it is feared the death toll could rise, with the fight expected to continue for several days


Pakistan tightens its antimoney-laundering law


Parliament approves amendments to law to make it more effective in targeting financing of extremists, bring it into line with global standards

International companies


UK regulator gives Barclays huge fine for noncompliance

HEADACHE:  Bob Diamond was Barclays CEO from the start of 2011 until he left in July 2012, the time during which a £1.9bn deal was transacted. Barclays has been fined £72m for cutting corners in due diligence. Picture: REUTERS/DYLAN MARTINEZ

Britain’s Financial Conduct Authority fines leading bank for cutting corners in checking wealthy customers involved in a sizeable transaction


Barclays fined £72.1m for £1.9bn ‘elephant’ deal


Britain’s Financial Conduct Authority says the bank did not follow procedures in a deal put together for wealthy clients who should have been more closely monitored

People work during Black Friday deals week at an Amazon centre in Madrid, Spain. Picture: REUTERS/ANDREA COMAS

US set for four-day test of retail vigour

Mall traffic is in the midst of a long-term slowdown and shoppers are spending more on experiences


Imminent Fed tightening puts pressure on Europe’s central banks

European Central Bank. Picture: EPA/BORIS ROESSLER

European central banks struggle with divergent quandaries over how to revive inflation, sustain growth as US Federal Reserve prepares to start hiking rates


Brics New Development Bank allocates formal duties to vice-presidents

Picture: REUTERS

Brics economic grouping’s bank allocates responsibilities to its four vice-presidents to help bring bank closer to operation


Myanmar’s Suu Kyi blames lack of safety regulations for deadly landslide


Disregard for rule of law in jade mining industry has made accidents such as recent landslide that killed more than 100 people a common occurrence, Nobel laureate says

Middle East

Flooding brings Qatar to near standstill

Motorists drive in a flooded street in the Qatari capital Doha following heavy rainfall on Wednesday. Picture: AFP

Qatar hit by more than a year’s worth of rain in several hours, while in neighbouring Saudi Arabia one person s killed during flooding


Normal life resumes in Brussels, but under soldiers’ watchful gaze

TENSION: The European Union capital was in a heightened state of alert on Sunday as French President Francois Hollande started rallying global allies. Picture: BLOOMBERG/JASPER JUINEN

The Belgian capital’s schools and metro system reopen, but troops on the streets are a reminder that the city remains on high alert for terrorist attacks after Paris


Osborne to spur UK housebuilding with developer incentives

George Osborne. Picture: BLOOMBERG/SIMON DAWSON

Chancellor of Exchequer George Osborne will put British housing crisis at heart of spending review by offering incentives for private developers to build affordable homes

Middle East

Tunisia declares state of emergency after bus blast

Beji Caid Essebsi. Picture: EPA

President Beji Caid Essebsi declares nationwide state of emergency, curfew in capital after bomb attack on presidential guard bus kills at least 12 people

Middle East

Palestinian attacks are acts of terrorism that must be condemned, says Kerry

US Secretary of State John Kerry boards his plane to depart Cuba, at Havana's Jose Marti airport on Friday. Picture: REUTERS

US secretary of state describes wave of Palestinian knife, car-ramming attacks as ‘acts of terrorism’ that must be condemned as he holds talks with Israeli, Palestinian leaders

Middle East

Death toll from attack in Sinai Peninsula rises to seven

Men in orange jumpsuits purported to be Egyptian Christians held captive by the Islamic State kneel in front of armed men along a beach said to be near Tripoli, in this still image from an undated video made available on social media on Sunday. Picture: REUTERS

Egyptian health ministry says gun, bomb attack claimed by Islamic State has left seven dead, two were judges who had overseen voting in parliamentary elections


Brazilian corruption probe widens, with senator and BTG Pactual CEO arrested

Andre Esteves, CEO Brazilian BTG Pactual bank is pictured during an interview in Sao Paulo July 22, 2014. Brazilian investment bank BTG Pactual SA confirmed that Chief Executive Andre Esteves was arrested on Wednesday and said it was available to cooperate with investigations. Picture taken July 22, 2014. REUTERS/Nacho Doce

CE of investment bank, leading senator in governing coalition are arrested on suspicion of obstructing country’s most sweeping corruption investigation ever


Banking giants accused of blocking fund managers from interest rate swaps

A tougher Franco-Swiss tax accord seeks the co-operation of banks such as Credit Suisse in clamping down on financial fiscal fraud. Picture: BLOOMBERG/PHILIPP SCHMIDLI

An antitrust suit filed in New York says buy-side investors are stuck in banks’ ‘inefficient and antiquated’ over-the-counter market


LafargeHolcim sets strenuous targets even as sales decline


Cement giant LafargeHolcim increases dividend as CEO focuses on cash flow


UK swings austerity axe but spares key welfare scheme and police

British Finance Minister George Osborne. Picture: REUTERS

Britain announces fresh round of deep cuts to public spending, but drops plan to reduce welfare payments for poorest, spares police from savings after Paris attacks

Opinion & Analysis

Polman finds sustainability is not a walk in the park

Unilever UK CEO Paul Polman speaks during a World Economic Forum discussion in Cape Town on Thursday. Picture: EPA/NIC BOTHMA

Unilever’s concerted effort to reduce its environmental footprint faces many hurdles, writes David Gelles


AT HOME AND ABROAD: There’s a better way to deal with Islamic State than war

A more sophisticated solution is needed in the Middle East as interventions by the West have not been enough


Pecking order of pain plays into Islamist hands

To distinguish between the victims who deserve our sympathy and those who do not is to provide fanatics with more recruits

People hug on the street near the Bataclan concert hall following fatal attacks in Paris, France on Friday. Picture: REUTERS

Is the shock of extremists’ families plausible?

Loved ones’ unwillingness to read the signs shows the need to work with the social networks of youths at risk to combat violent extremism, writes Arie W Kruglanski


US consumers hold wallets tight in October

People shop during day after Christmas sales at Citadel Outlets in Los Angeles, California, in this December 26 2014 file photo.   Picture: REUTERS

Americans remain wary consumers in October as spending rises at the slowest pace this year for the second straight month


Hilton hacking leads to credit card fears


Hackers in spate of attacks on Hilton, Starwood and Trump hotel groups over past few months to gain credit card information


France, Belgium widen probe into Paris attacks

A general view of the scene shows rescue service personnel working near the covered bodies outside a restaurant following a shooting incident in Paris on Friday. Picture: REUTERS

French prosecutors say man who provided lodging to suspected ringleader must have known of plot, Belgium issues warrant for new suspect


Formation of European risk fund muted

Two girls from a refugee family are greeted with gifts from concerned Germans as they arrived at the train station in Munich,  Germany, on Monday. Picture: AFP PHOTO/ANDREAS GEBERT

Source close to French economy minister says Franco-German fund to pay for security, border controls, caring for refugees may be set up within weeks


Russia ratchets up anti-Turkish rhetoric as Nato calls for calm

A burning Russian fighter jet falls after being shot down near the Turkish-Syrian border on Tuesday. Picture: AFP PHOTO

President Vladimir Putin says it is taking downed jet ‘in the most serious possible way’, as concern grows that the war in Syria could spark a broader conflict


LETTER FROM WASHINGTON: The purpose of terror is to cause global division

Obama’s prescient dismissal of scorched-earth option against Islamic State worth preserving, but he has little time left as US president


Life goes on even after the terror

HUMANITY: Tunisian women carry placards during a silent march in Habib Bourguiba Avenue in Tunis on Monday for the victims of the attacks in the French capital Paris, the Lebanese capital Beirut and the Tunisian town of Jelma. Picture: AFP PHOTO/FETHI BELAID

Beyond the immediate horrors of terrorism and calamity, facts reveal human and economic resilience


Tesco settles US overstatement lawsuit for $12m


The UK retailer has denied wrongdoing in settling with US shareholders who claimed its profit overstatement inflated its share price


US jobless claims tumble

Job seekers attend a Job Fair Giant career fair in Sterling Heights, Michigan, US. Picture: BLOOMBERG

Sharp weekly drop takes analysts by surprise as claims hit 42-year low in an improving jobs market


Putin’s ‘realpolitik’ aims to make Russia indispensable

Vladimir Putin. Picture: AFP PHOTO/ALEXEI NIKOLSKY

From pariah state over Ukraine’s conflict, Russia’s leader now a sought-after actor in war against Islamic State — but analysts warn of fierce jihadist backlash


Putin rages as Turkey shoots down Russian fighter jet

Vladimir Putin. Picture: Picture: REUTERS/MAXIM ZMEYEV

Russian leader calls incident ‘a stab in the back committed by accomplices of terrorists’ as Turkey calls emergency Nato meeting to stop repeated violations of its airspace


Terrorism insurance moves to top table

VACANT: A desolate scene at the Grand Place square in Brussels, Belgium on Sunday. The search for a key suspect in the Paris terror attacks kept the city Belgian capitain an unprecedented lockdown that brought normal business to a standstill. Picture: AFP

Carnage in Paris could spur demand for insurance against terrorism, as French hotels, department stores, and sports and concert venues face cancellations and fewer customers


Even Hong Kong property bears are bullish on real estate stocks

Hong Kong. Picture: THINKSTOCK

Analyst says as long as property market cools rather than crashing, there’s plenty of room for stocks to rally


Thomas Cook back in black despite global terror attacks

A worker changes the window display of Thomas Cook in Loughborough, the UK. Picture:  REUTERS/DARREN STAPLES

Tour operator reports full-year profit for the first time in five years and adapts travel offerings to safer destinations


HSBC sees pain giving way to gains in emerging bonds in 2016

A HSBC bank branch in London. Picture: AFP

Global funds’ appetite for emerging-market bonds is seen rebounding in 2016 after currency losses outweigh returns on securities this year, according to HSBC

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