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Syria’s civil war to mar Obama legacy

The fall of the last rebel-held areas in the Syrian city of Aleppo could seal the fate of the "Obama Doctrine," deepening the world’s worst humanitarian crisis in decades and staining U.S. President Barack Obama's legacy. With the U.S.-aligned rebels facing defeat by government forces...

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...

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...