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Netanyahu vows to complete Gaza tunnels destruction

GAZA/JERUSALEM - Israeli Prime Minister Benjamin Netanyahu, facing international alarm over a rising civilian death toll in Gaza, said on Thursday he would not accept any ceasefire that stopped Israel completing the destruction of militants' infiltration tunnels. | Video

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WTO fails to agree global trade deal, Azevedo says

GENEVA - The World Trade Organization failed on Thursday to reach a global deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.

4:53pm EDT

EU adopts toughest Russian sanctions yet, targets five Russian banks

BRUSSELS - The European Union has published a law that will curb arms sales to Russia and to cut off financing for five major Russian banks over Moscow's support for rebels in Ukraine.

World, Russia 4:21pm EDT

U.S. wage growth picking up as labor market tightens

WASHINGTON - U.S. labor costs recorded their biggest gain in more than 5-1/2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook.

1:44pm EDT

Ukraine premier stays on, envoys agree on crash site route

KIEV - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation on Thursday and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts.

2:05pm EDT
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Kurdish oil cargo unloaded at sea, destination a mystery

SINGAPORE - Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of the buyer and where the two tankers are headed.