Turkey's Erdogan: peace process with Kurdish militants impossible

ANKARA - Turkish President Tayyip Erdogan said on Tuesday it was impossible to continue a peace process with Kurdish militants and urged parliament to strip politicians with links to them of immunity from prosecution.

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Honeywell to buy Melrose's Elster business for $5.1 billion

- Honeywell International Inc , a maker of aircraft parts and climate control systems, has agreed to buy the utility consumption meter business of Britain's Melrose Industries Plc for 3.3 billion pounds ($5.1 billion).

U.S. consumer confidence drops in July

NEW YORK - U.S. consumer confidence weakened in July, due in part to a less optimistic outlook on the labor market, according to a private sector report released on Tuesday.

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EU/IMF mission chiefs to arrive in Greece for bailout talks on Wednesday

ATHENS - European Union and International Monetary Fund mission chiefs will arrive in Athens on Wednesday for talks on a third bailout program to keep Greece afloat, a finance ministry official said on Tuesday.

11:14am EDT

China shares fall again as Beijing scrambles to calm markets

SHANGHAI - Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. | Video

8:05am EDT

Pfizer's revenue, profit beat as vaccine sales rise

- Pfizer Inc on Tuesday reported better-than-expected second-quarter profit and revenue, helped by strong demand for its pneumonia vaccine and new breast cancer drug, sending its shares up 1 percent.

10:10am EDT

Boy Scouts lift blanket ban on gay adult leaders, employees

DALLAS - The Boy Scouts of America lifted its outright ban on openly gay adult leaders and employees on Monday, rolling back a policy that has deeply divided the membership of the 105-year-old Texas-based organization.


EU's Mogherini in Iran to discuss nuclear deal, region: TV

ANKARA - Iran and the European Union have agreed to start talks on issues including confronting terrorism, Iranian Foreign Minister Mohammad Javad Zarif told a news conference with the EU's chief diplomat in Tehran on Tuesday.