The oil spill in the Gulf of Mexico continued to shake BP. The firm announced that its unpopular chief executive Tony Hayward would step down on October 1st. Robert Dudley, its American executive director, will replace him. BP reported a loss of $17 bill… more »

Tens of thousands of files were leaked from the American armed forces to WikiLeaks, a website. They related to the conduct of the war in Afghanistan and sharpened a perception that Pakistan’s military intelligence agency, the ISI, has been backing the Ta… more »

After months of tortuous negotiations, Barack Obama signed America's financial-reform bill into law. The legislation grants the government new powers to supervise and break up companies it believes pose a threat to the economy. It also includes the creat… more »

Delegates representing some 70 countries descended on Kabul for a conference on the future of Afghanistan, the first to be held in the country since an American-led coalition routed the Taliban in 2001. President Hamid Karzai presented an optimistic plan… more »

Greece raised €1.6 billion ($2 billion) in six-month treasury bills, its first auction since a bail-out in May. It will pay a 4.65% yield and the sale was oversubscribed. The national debt-management agency was forced to drop plans to auction one-year pa… more »

In Kampala, Uganda’s capital, at least 76 people were killed in explosions at a restaurant and a rugby club as they watched the final of the football World Cup. The Shabab, an Islamist militia group in Somalia, claimed responsibility. Uganda contributes… more »