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Italian savers bank on post office to survive next crisis

Italians worried about the stability of their banks have found a new place to put their money: the state-controlled post office. "Nobody knows where your money is safe today," says Leonardo Galli, a 58-year-old accountant who has resolved to move all his savings out of his bank to a current...

Ryanair warns drop in pound will hit full-year profit

Ryanair said a further drop in the value of sterling has forced it to cut its forecast for full-year profit by 5 percent, adding that average fares could fall more sharply this winter. Europe's largest low-cost airline, which depends on Britain for around a third of its revenue, said an 18...

100,000 Iraqis may flee Mosul for Syria, Turkey: U.N.

Up to 100,000 Iraqis may flee to Syria and Turkey to escape the Iraqi government's assault aimed at ousting Islamic State from the northern city of Mosul, the United Nations refugee agency UNHCR said on Monday. The U.N. High Commissioner for Refugees issued an appeal for an additional $61...