LONDON - Tesco cut its profit forecast for the third time in two months and suspended its UK boss with three other executives after finding a major fault in its accounts - another blow to the reputation of the world's No. 3 retailer. | Video
MURSITPINAR Turkey - Syrian Kurds battled to defend a key border town from an Islamic State advance on Monday as Kurdish youths from neighboring Turkey rushed to their aid, heightening the pressure on Ankara to act against the Islamist insurgents. | Video
NEW YORK - French Foreign Minister Laurent Fabius said on Monday his nation would not launch air strikes against Islamic State (IS) militants based in Syria despite having bombed a suspected target of the group in northern Iraq last week.
MANCHESTER England - British Prime Minister David Cameron tried to head off a rebellion in his Conservative party over a promise of new powers for Scotland, highlighting the difficulty of giving Scots what they want after last week's referendum on Scottish independence.
BAGHDAD - Islamic State urged its followers on Monday to attack citizens of the United States, France and other countries which have joined a coalition to destroy the ultra-radical group.
BAGHDAD - Australia's defense minister David Johnston said on Monday during a visit to Baghdad that his country's fighter jets will play a part in U.S.-led air strikes on Islamic State positions in Iraq.
NEW YORK - U.S. stocks were trading lower heading toward midday on Monday after China's finance minister indicated the country will not increase stimulus measures and U.S. housing data fell short of expectations.
LONDON - Tesco's new chief executive Dave Lewis said Robin Terrell had stepped in to lead the grocer's UK leadership team in the wake of the firm's accounting issue, which has resulted in four employees stepping aside.
- Philadelphia Federal Reserve Bank President Charles Plosser, whose vocal discomfort with the U.S. central bank's super-easy monetary policy marks him as one of its hawkish policymakers, will retire on March 1, 2015, the regional Fed bank said on Monday.
KIEV - Ukraine's military said on Monday it was pulling back artillery and heavy armor from the front line with separatists, backing President Petro Poroshenko's peace plan for a conflict that has cost more than 3,000 lives.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.