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IN THE NEWS

US Fed vice chair tones down proposals for fresh banking regulations

US Fed vice chair tones down proposals for fresh banking regulations

A senior US Federal Reserve official proposed Tuesday a number of "broad and material" changes to new banking rules, toning down plans to tighten regulation and supervision.

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England Test captain Stokes back for Pakistan tour

England Test captain Stokes back for Pakistan tour

Ben Stokes returns as captain for England's three-Test tour of Pakistan next month while Brydon Carse could make his debut just weeks after completing a ban for breaches of betting rules.

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Floods hit millions in West and Central Africa

Floods hit millions in West and Central Africa

Parts of Central and West Africa have seen heavy flooding over an unusually intense rainy season, unleashing a humanitarian crisis in which hundreds have been killed and hundreds of thousands displaced.

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Brother of French football star Pogba to be tried in kidnap case

Brother of French football star Pogba to be tried in kidnap case

French judges on Tuesday ordered six men to stand trial in a kidnap and extortion case involving French footballer Paul Pogba, with the star's brother Mathias one of the accused, sources close to the case said.

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Stock markets diverge on rates, US election debate watch

Stock markets diverge on rates, US election debate watch

Global stock markets diverged Tuesday as traders assessed the outlook for interest rates in the United States and Europe and awaited the US presidential debate.

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Irish golfer Lowry ditches Kingspan sponsor after Grenfell fire report

Irish golfer Lowry ditches Kingspan sponsor after Grenfell fire report

Major-winning golfer Shane Lowry said Tuesday he had ended his sponsorship deal with an Ireland-based construction materials firm after it was criticised in a public inquiry report into London's Grenfell Tower fire disaster, which killed 72 people.

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US says Iran has sent missiles to Russia to hit Ukrainians

US says Iran has sent missiles to Russia to hit Ukrainians

Iran has sent short-range missiles to Russia that are expected to be used against Ukraine within weeks, US Secretary of State Antony Blinken said on Tuesday, as he announced a joint solidarity trip to Kyiv with his British counterpart.

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Teresa Ribera, the Spanish climate expert tipped to become EU commissioner

Teresa Ribera, the Spanish climate expert tipped to become EU commissioner

Spain's ecological transition minister Teresa Ribera, who is poised to become a European Union commissioner, is a longtime environmentalist known for her negotiating skills and climate expertise.

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BMW recalls 1.5 mn cars over bad brake, cuts outlook

BMW recalls 1.5 mn cars over bad brake, cuts outlook

BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the year, sending the German luxury carmaker's shares tumbling.

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Russia, China join forces for major naval exercise

Russia, China join forces for major naval exercise

Russian and Chinese warships began joint drills in the Sea of Japan on Tuesday, part of a major naval exercise that will see Moscow sail through waters spanning the Northern Hemisphere and Pacific.

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