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Unicredit to raise $13.8B in Italy’s biggest share issue

Italy’s largest bank, Unicredit, plans to raise 13 billion euros ($13.8 billion) in the country’s biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis. The plans announced Tuesday, which also include 14,000 job cuts, come at a turbulent time...

Erdogan expects extraordinary UN meeting on Aleppo

Turkish President Recep Tayyip Erdogan said Tuesday he expects the UN to hold an extraordinary meeting on the Syrian city of Aleppo, presidential sources has said. Erdogan spoke via telephone with UN Secretary-General-elect Antonio Guterres and made the remark while stressing the importance...

Islamic State claims responsibility for Egypt church bombing

The Islamic State group claimed responsibility Tuesday for a suicide bombing at a Cairo church two days earlier that killed 25 people, highlighting a new escalation of violence in Egypt against civilians and Christians in particular. In a statement circulated online, it said the bomber had...