UBS under formal investigation in France over tax evasion

French authorities are formally investigating UBS for allegedly helping wealthy clients open undeclared bank accounts in Switzerland.   The Swiss bank is suspected of "complicity in illegal sales practices", an official at the Paris prosecutor's…

German central bank cuts growth forecasts for 2013 and 2014

Germany's central bank has cut its growth forecast for the country, but says the outlook for the economy has "become brighter". The Bundesbank expects the economy to grow by 0.3% this year, down from an earlier forecast of 0.4%. In 2014, it expects…

Drone Strike Kills 3 in Yemen

Yemeni security and tribal sources say an apparent U.S. drone strike has killed at least three suspected al-Qaida militants in the north of the country.The sources said several drone-fired missiles struck at least one vehicle carrying the militants…

Iraq’s Maliki Makes Rare Visit to Kurdish Area to Ease Tensions

Iraqi Prime Minister Nouri al-Maliki has made a rare visit to his country's autonomous Kurdish region to try to ease long-running disputes that have threatened national unity. Mr. Maliki flew to Iraqi Kurdistan's regional capital of Irbil Sunday in…

Gunfire Kills Anti-Hezbollah Protester in Beirut

Lebanese security sources say gunfire has erupted at a demonstration in Beirut, killing a man who was protesting against the involvement of Shi'ite militant group Hezbollah in the Syrian civil war.It was not clear who killed the man at Sunday's…

Attacks in Pakistan Kill 4

Bomb attacks in a restive tribal region of Pakistan have killed two soldiers, while gunmen in the country's south have killed two police officers.Authorities say at least two roadside bombs exploded in North Waziristan Sunday, killing the soldiers…

Queen marks Coronation anniversary at Westminster Abbey

The Queen has joined 2,000 guests for a service at Westminster Abbey to mark 60 years since her Coronation. Some of those who took part in the 1953 service were among the congregation. Archbishop of Canterbury the Most Rev Justin Welby said the…

NBA BASKETBALL: Roy Hibbert fined $75,000

  The NBA has fined Jamaican center Roy Hibbert $75,000 for using vulgar and homophobic slur during his postgame interview Saturday.    Earlier in the day, Hibbert issued an apology through the team.    He also reached out to openly gay NBA veteran…

Fast & Furious 6 holds US box office

Fast & Furious 6 has fought off competition to stay atop the North American box office.   The action movie starring Vin Diesel earned $34.5m (£22.6m) ahead of Now You See Me with Morgan Freeman and Michael Caine which debuted with $28.1m……

Robin Thicke scores his first UK number one single

US singer Robin Thicke has scored his first UK number one with the fastest-selling single of the year so far.   Blurred Lines, featuring rapper TI and Pharrell Williams, sold 190,000 copies in its first week to claim top spot.   "It's an honour and…