Britain's newest and most powerful financial regulator has pledged to introduce "meaningful" change this year to help new banks steal market share from the "Big Five" lenders who dominate in commercial and retail banking.
Major world powers have begun talks about a United Nations Security Council resolution to lift U.N. sanctions on Iran if a nuclear agreement is struck with Tehran, a step that could make it harder for the U.S. Congress to undo a deal, Western officials said.
Islamic State militants have desecrated another ancient Iraqi capital, the government said on Wednesday, razing parts of the 2,700-year-old city of Khorsabad famed for its colossal statues of human-headed winged bulls.
Foreign non-government organizations (NGOs) in China are bracing for a crackdown as the government prepares to pass a new law to regulate their activities, which critics fear could curb activism and drive out several groups.
