Sacked Syrian premier defects to Jordan
AZAZ, Syria - Syria's prime minister Riyad Hijab has been sacked, state television reports, and an official source in Amman says he has defected with his family to neighbouring Jordan. Full Article
Police search Wisconsin home for motive in Sikh temple shooting
OAK CREEK, Wisc. - Police searched the apartment early on Monday of a gunman who killed six people at a Sikh temple in southern Wisconsin, looking for clues to his motive. | Video
Historic Curiosity probe lands safely on Mars
PASADENA, California - NASA's Mars science rover Curiosity lands safely after hurtling through the pink Martian skies at the start of a two-year quest for signs the Red Planet once hosted key ingredients for life. Full Article
A game of chicken in the euro zone
The euro zone is inching towards a new plan to tackle its debt crisis in a three-dimensional game of chicken among all the main players. Full Article
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Fired Barclays trader scrutinised in Libor probe
A former Barclays swaps trader in New York, who was fired from the bank in 2010, is among those drawing scrutiny from prosecutors in the deepening scandal over the manipulation of global benchmark interest rates. Full Article
A year on, Nigeria's oil still poisons Ogoniland
OGONILAND, Nigeria - A bright yellow sign above the well in this sleepy Nigerian village says "Caution: not fit for use", and the sulphurous stink from the water that children still pump into buckets sharply reinforces that warning. Full Article
Israel eyes Iran and Syria, boosts missile shield
JERUSALEM - Israel is upgrading its Arrow II ballistic missile shield in a U.S.-backed "race" against Iran, Syria and other regional enemies, according to a senior Israeli defense official. Full Article
"Super volcano" lurks near Pompeii
POZZUOLI, Italy - Across the bay of Naples from Pompeii, where thousands were incinerated by Mount Vesuvius in 79 AD, lies a hidden "super volcano" that could kill millions in a catastrophe many times worse, scientists say. Full Article
Breakingviews: How to clean the banking cesspit
Aug. 6 - Separating retail and investment banking will only go so far to cleaning up the banking industry, but competition is what's really needed, says Reuters Breakingviews' Robert Cole.
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Caribbeans look to dominate short distances
Shelly-Ann Fraser-Pryce lines up in the first round of the 200m alongside her team mate and defending champion Veronica Campbell-Brown.
How to clean the banking cesspit
Faced with a stream of financial scandals, the public is growing impatient with the slow pace of change. Some pundits want to clear out the entire old guard and break up the banks. While something must be done, these knee-jerk approaches are not the best way forward. Commentary
How about quantitative easing for the people?
Giving away free money may sound too good to be true or wildly irresponsible, but it is exactly what the Fed and Bank of England have been doing for bond traders and bankers since 2009. Directing QE to the general public would not only be much fairer but also more effective. Commentary
Olympics a bad metaphor for economic rivalry
China breaks the rules, the U.S. loses its edge, Britain barely registers at all. It’s easy to see the Games as a mirror for reality. But economics is different. Co-operation is rewarded, the prizes keep growing, and there are many ways to win, provided the competitors play fair. Full Article
Russian investor’s $3 million prize for physics
Do you think cutting-edge scientists should earn as much as star athletes, celebrity artists or Wall Street bankers? The Russian billionaire investor Yuri Milner does, and this week he put his money where his heart is. Commentary
What hedge funds share with rock’n'roll festivals
At first sight, hedge funds don’t share a lot with rock music festivals. But both are subject to the law of large numbers. Festivals may limit entry to make the experience less mundane. And the likes of Moore Capital Management’s Louis Bacon are seeking better-than-average returns by shrinking, too. Commentary
An African kleptocracy's U.S. helpers
As bizarre events go, pride of place must go to an African summit scheduled for later this month in Equatorial Guinea. The meeting’s agenda includes human rights and good governance and it will be hosted by a government with a reputation for corruption and repression. Commentary
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A fair comparison? U.S. vs. Europe
The U.S. economy is struggling but at least it’s not as bad as Europe’s, Ed Conard, a former Bain Capital partner, says at a debate at the Center for American Progress in Washington. But Austan Goolsbee, former Obama economic adviser, argues that it’s completely illogical to even compare the two. Video
Brazil backslides on protecting the Amazon rainforest
ITAITUBA, Brazil - Brazil’s government has led an all-out retreat from two decades of progressive environmental policy, turning the world’s largest rainforest into a free-for-all frontier of lax law enforcement and violent competition for land and resources. Full Article
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