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Ambulance personnel ferrying migrants rescued at sea by a helicopter, to a waiting ambulance, in the Altinoluk district in Balikesir. Picture: AFP

At least 11 migrants reported to have drowned off Turkey

The migrants had set off from the western port city of Izmir in Turkey in an apparent attempt to reach the Greek island of Lesbos

Eurozone growth hit by slowdown in emerging markets

UNCHANGED: Bank of England governor Mark Carney speaks at the quarterly Inflation Report news conference in London on Thursday. Picture: AFP

European Commission trims its 2016 growth forecast for the 19-country region and warns inflation will be much slower than expected

Turkey to open its border to Syrian refugees ‘if necessary’

Syrian refugees in a camp as Syrians fleeing the northern embattled city of Aleppo wait on Saturday in Bab al-Salam, near the city of Azaz, northern Syria, near the Turkish border crossing. Picture: AFP

Turkey is ready ‘if necessary’ to let in tens of thousands of Syrian refugees trapped on its border after fleeing a regime assault, Turkish President Recep Tayyip Erdogan says

Barclays urged to ditch Africa unit and focus on core UK business


Analyst warns investment unit is the ’elephant in the room that needs major surgery' while African business lacks synergies with rest of the bank

Bank of England puts rates on hold

The Bank of England stands in the City of London. Picture: BLOOMBERG

Echoing downbeat comments from central banks around the globe, BoE chief Mark Carney warns that global growth is modest at best

Adblock Plus, scourge of websites, seeks industry deal


German firm behind Adblock Plus is reaching out to its adversaries to find an ‘acceptable’ level and form of advertising on the net

Pound hurt by ‘Brexit’ debate

Pound Coin. Picture:AFP PHOTO / BEN STANSALL

The pound is suffering as the forthcoming referendum on Britain’s membership of the European Union looms large

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