World leaders launch bid for climate breakthrough in Paris

PARIS World leaders launched an ambitious attempt on Monday to hold back the earth's rising temperatures, with French President Francois Hollande saying the world was at "breaking point" in the fight against global warming. | Video

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The Great Divide: how markets are shaping up ahead of Fed, ECB

LONDON The U.S. Federal Reserve and European Central Bank are expected to deliver sharply contrasting policy decisions next month, reflecting how the world's two largest economies have moved from the Great Recession to the Great Divide.

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At NATO, Turkey remains defiant over Russian jet

BRUSSELS Turkey's prime minister dismissed on Monday any suggestion Ankara should apologize for downing a Russian warplane in its airspace last week, after winning strong NATO support for the right to defend itself.

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Hours after EU deal, Turkey rounds up 1,300 migrants bound for Greece

AYVACIK, Turkey Turkish authorities rounded up some 1,300 migrants on Monday that they said were planning to sail to Greece from hideouts near secluded Aegean beaches and forests, hours after striking a deal with the European Union on stemming refugee flows.

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Fed approves curb to future 'too big to fail' lending

WASHINGTON The Federal Reserve Board on Monday approved a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG , Citigroup and others in 2008.

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Kerry to back Kosovo reforms on first Balkan trip as U.S. diplomat

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Obama, Putin discuss Syria, Ukraine at summit: White House

PARIS U.S. President Barack Obama and Russian President Vladimir Putin discussed the Syria crisis and the situation in Ukraine during a meeting Monday on the sidelines of the climate summit in Paris, a White House official said.