Luke Browne

Scott Thompson to head up Yahoo Inc.

Internet giant Yahoo Inc. has named PayPal president Scott Thompson as its new chief executive in a bid to win back users from rivals like Google Inc. and Facebook Inc.

Swiss central bank chairman accused of insider trading

Euro falls to 16-month low against dollar as bank shares slump

Swiss central bank chief defies calls to resign

Hungary downgraded to junk by third ratings agency

Sudanese president Omar al-Bashir arrives in Libya

Politics

Al-Bashir, wanted on genocide charges by the International Criminal Court, has landed in Tripoli.

Kenyan air strikes kill ’60 or more’ Somali militants

Conflict

Air raids on rebel positions in southern Somalia killed at least 60 Al-Shabaab fighters on Friday.

Israel indicts extremists over army base rampage

Conflict

Five right-wing Jewish extremists have been indicted over a “price tag” attack on a military base in the West Bank last month.

Stephen Hawking misses 70th birthday celebrations due to illness

The world-famous scientist was unable to deliver a public lecture at England’s Cambridge University as part of a 70th birthday symposium.

Swiss central bank chairman resigns

Philipp Hildebrand, chairman of the Swiss National Bank, has resigned with immediate effect over insider trading allegations.