Photo

Special Report - How the U.S. made its Putin problem worse

18 Apr 2014

WASHINGTON AND NEW YORK - In September 2001, as the U.S. reeled from the terrorist attacks on the World Trade Centre and the Pentagon, Vladimir Putin supported Washington's imminent invasion of Afghanistan in ways that would have been inconceivable during the Cold War.

Bodies found trapped inside sunken South Korean ferry - coastguard

2:48am BST

JINDO, South Korea - Divers searching for survivors of a capsized South Korean ferry saw three bodies floating through a window of a passenger cabin on Saturday but were unable to retrieve them, the coastguard said, hours after the ship's captain was arrested. | Video

Photo

Avalanche kills at least 12 guides in deadliest incident on Mount Everest

18 Apr 2014

KATHMANDU - An avalanche sweeping down Mount Everest killed at least 12 Nepali guides on Friday in what may be the deadliest single incident on the world's highest peak.

Photo

Pope Good Friday service underscores plight of the suffering

18 Apr 2014

ROME - The plight of immigrants, the poor, the sick, the elderly, unemployed and prisoners dominated Pope Francis' Good Friday service at Rome's Colosseum as he led Catholics around the world in commemorating the day Jesus died.

Photo

Moores to get second chance in England top job - reports

18 Apr 2014

LONDON - England will name Peter Moores as their cricket director on Saturday, handing the Lancashire coach his second chance to lead the national team, British media reported on Friday.

Photo

Nobel winner Garcia Marquez, master of magical realism, dies at 87

18 Apr 2014

MEXICO CITY - Gabriel Garcia Marquez, the Colombian author whose beguiling stories of love and longing brought Latin America to life for millions of readers and put magical realism on the literary map, died on Thursday. He was 87. | Video

Edward Hadas

Don’t bother with share-based pay

Coca-Cola’s controversial share award scheme takes a bad idea to a foolish extreme. Paying workers in their employer’s paper makes no sense. The share price has too little to do with corporate performance, and the work of any single employee has little effect on the share price.  Commentary 

Dominic Elliott

Credit Suisse still firing on one cylinder

Credit Suisse's private banking arm is pulling in more money. But an 11 percent year-on-year dip in quarterly investment banking revenue suggests the Swiss bank's other main engine isn’t motoring. Paring back further in fixed income would be one way to get things moving.  Commentary 

Hugo Dixon

How Greece can turn vice to virtue

The vicious cycle of two years ago is turning virtuous – see Athens' return to the bond market last week. More can be done to maintain momentum, especially rooting out vested interests. As ever, the weak spot is politics.  Commentary 

Nicholas Wapshott

The EU-U.S. love-hate relationship

While the Americans were funding and fixing the world economy, the Europeans decided to belatedly address their under-regulated banking and financial sectors and reform their overly generous labour laws and welfare arrangements funded by high public borrowing they wrongly blamed for the Great Recession.  Commentary 

Julian Hunt and Amy Stidworthy

How cities can help protect citizens from air pollution

When the Saharan dust hit London earlier this month, just as with the smog of the 1950s and of Dickens’s day, the cloud of dust particles was dense enough that less sunlight made it through to ground level. While forecasts and public warnings for such events exist, the experience demonstrated that they need to be related more precisely to health impacts.  Commentary 

Anatole Kaletsky

Behind Wall Street's anxiety

Stock market gains in the next few years are likely to be driven by very different companies than the leaders of the past five years. The bad news for investors is that these leadership rotations generally coincide with temporary market setbacks, since the old leaders tend to retreat faster than the laggards advance.   Commentary