Smoke fills the sky over Tripoli after fighting between rival militias. Photograph: EPA/STR

Libya lurched closer to fragmentation and civil war at the weekend after Islamist-led militias seized the airport in the capital, proclaimed their own(...)

As part of the agreement with New York’s Department of Financial Services, StanChart will suspend clearing activity for high-risk Hong Kong business clients and exit certain client relationships at its branches in the United Arab Emirates.  Photograph: Bloomberg

Standard Chartered will be barred from processing transactions for some high-risk clients as part of a $300 million (€225 million) settlement with New(...)

A Palestinian flag flies over the destroyed home of Ismail Haniya, deputy chief of the Hamas movement, in Gaza City, on July 29th. A new coalition of Arab states has in effect lined up with Israel in its fight against Hamas, the Islamist movement that controls the Gaza Strip.Photograph: Sergey Ponomarev/The New York Times

Battling Palestinian militants in Gaza two years ago, Israel found itself pressed from all sides by unfriendly Arab neighbors to end the fighting. Not(...)

The day is coming, sooner rather than later, when the Chinese yuan currency becomes a true global trading currency, a new survey by HSBC Commercial Ba(...)

There are five or six individual Chinese thoroughbred owners involved in Ireland at the moment, who came over with a view to buying horses to bring back to China but decided to leave them in Ireland, training there, and they’ve had some success. Photograph: Anna Gowthorpe/PA Wire

The sport of kings generates considerable curiosity in China, but a ban on gambling makes it difficult for horseracing to really take off. Increasingl(...)

Restored in 2005, the row of four Regency townhouses at the junction of Upper Leeson Street and Burlington Road was rather grandiosely renamed Elys(...)

Between the City of London and the theatres of the West End lies One Aldwych in Covent Garden. It is a plush five-star hotel located between where big(...)

Michael Waechter: said Senat was paid “less” than $1 million for organising the Quinn’s defence. “It is a marketing disaster,” he added.

A Swiss former financial adviser to the family of Seán Quinn has strenuously denied being the “mastermind” behind an alleged conspiracy to move €50(...)

Worries over escalating tension in Ukraine and weak results held back stocks in Europe. Photograph: Sergei Ilnitsky/EPA

Global equity markets declined and government debt rose amid rising tension in Ukraine as Russia declared the country on the brink of civil wa(...)

The death chamber and the  viewing room are seen at the federal penitentiary in Huntsville in Texas. Photograph: Reuters

Despite a long-term decline in the number of countries practicing capital punishment, publicly disclosed executions jumped nearly 15 per cent in 20(...)