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MPs: Privatisation threat to ‘green’ bank

The UK’s “green” bank should not be privatised unless the government can ensure it keeps its environmental purposes, a committee of MPs says.

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China complains to US over B-52 flight

China has complained to the US after a B-52 bomber flew in the airspace over an artificial island it has built in the South China Sea, the FT reports.

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Russia sees fight after Ukraine ‘defaults’ on bond

Ukraine and Russia appear all but certain to take their dispute over a $3 billion Eurobond to court.

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UN Security Council endorses Syria peace plan

The United Nations Security Council on Friday unanimously approved a resolution endorsing an international road map for a Syria peace process.

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Brazilian finance minister replaced

Brazil’s President Dilma Rousseff replaces pro-austerity Finance Minister Joaquim Levy amid a serious recession in Latin America’s largest economy.

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How drought is making it harder to sell in rural India

How drought is making it harder to sell in rural India

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Revenue rise boosts Blackberry revival

Blackberry reports revenues of $548m for the three months to November – 12% higher than the previous quarter.

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The red alert that’s shutting down Beijing, again

Beijing’s city government appears to be more concerned with protecting its citizens from hazardous air pollution.

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China signals a doubling down on cyber control

Chinese President Xi Jinping defended his country’s right to censor Internet content, signaling confidence in the strategy.

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US lifts 40-year ban on oil exports

US politicians have approved a measure to lift the ban on exports of crude oil that has stood for four decades.