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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...

'We have lost everything': Syrians return to ravaged Aleppo

Amina Hamawy burst into tears and then fainted when she returned to eastern Aleppo to find that looters had ransacked her home. "Where am I? What happened?" she asked after her husband and daughter revived her. "We have lost everything." They were among a few hundred residents who fled...