News

Britain's financial watchdog has fined Barclays (BARC.L) 72 million pounds ($109 million) for cutting corners in checking wealthy customers involved in a huge transaction described by one senior manager as potentially the "deal of the century."

Prime Minister David Cameron said on Thursday it was time to join air strikes against Islamic State in Syria because Britain cannot "subcontract its security to other countries".

General Motors Co (GM.N) and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a Manhattan federal judge ruled on Wednesday.