Special Reports
Euro zone nations turn to hedge funds to meet borrowing needs
LONDON Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks leaving them vulnerable to a debt market sell-off driven by a class of investors dubbed "fast money" for their speculative approach.
Stranded trucks, unpaid workers: India Inc counts cost of cash crunch
MUMBAI/NEW DELHI Like millions of Indians fed up with corruption and counterfeiting, Vimal Somani cheered Prime Minister Narendra Modi's shock move to replace all high-value banknotes. Two weeks on, his business is being hammered by the ensuing cash crunch.
Special Report: One life, two organs, a $5.3 million bill - a tale of superbugs' deadly costs
LOS ANGELES With good reason, Dan Greulich’s doctors called him “the miracle man.”
Far from Mosul, Islamic State close to defeat in Libya's Sirte
SIRTE, Libya After six months of heavy fighting, Libyan forces have advanced so deep into the strategic city of Sirte that they can pick out the Tunisian and Egyptian accents of their Islamic State enemies as they trade insults over the frontline.
British PM's changing vocabulary signals shift from 'hard Brexit'
LONDON There is a recognizable repetition in Theresa May's speeches about Britain's decision to leave the European Union: "Brexit means Brexit", making "a success of it" and getting "the best deal" for Britain are some of her stump phrases.
How Russia's battle for Eurobond went to the brink
MOSCOW/LONDON When Russia sought to raise money on Western debt markets this year with a Eurobond, only three people at the state-run investment bank organizing the issue were told in advance about the date and details of the launch.
RBS rejected Goldman, Deloitte warning over 2008 cash call, lawsuit alleges
LONDON Just hours before Royal Bank of Scotland launched a massive cash call in 2008 to shore up its capital, the bank's senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege.
Special Report: Under siege in Mosul, Islamic State turns to executions and paranoia
ERBIL, Iraq A few weeks ago, a person inside Mosul began to send text messages to Iraqi military intelligence in Baghdad.
Court documents allege clashes inside RBS over 2008 toxic assets
LONDON Royal Bank of Scotland bosses avoided repricing billions of dollars of souring investments on the eve of the 2008 financial crisis for fear of endangering bonuses and a takeover bid for a rival, court documents allege.
Special Report - The road to Ward 17: A journalist's battle with PTSD
EVANDALE, Australia When the psychiatrist diagnosed me with post-traumatic stress disorder at the end of our first session early this March, I finally had to accept I was unwell. The flashbacks, the anxiety, my emotional numbness and poor sleep had long worried my wife, Mary. I had played down the symptoms, denied I had a problem. Five months later I’d be in a psychiatric ward.
Iran's Guards using Trump victory to claw back power
ANKARA Donald Trump's victory and the war on Islamic State have given Iran's hard-line Islamic Revolutionary Guard Corps what it sees as a unique opportunity to claw back economic and political power it had lost.
