Hot Issues

Scientific theories including the "Big Bang" believed to have brought the universe into being 13.7 billion years ago and the idea that life developed through a process of evolution do not conflict with Catholic teaching, Pope Francis said on Tuesday.

Cigarette maker Reynolds American's (RAI.N) proposal to buy smaller rival Lorillard Inc (LO.N) presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking.

The U.S. Securities and Exchange Commission is examining how private equity firms report a key metric of their past performance when they market new funds to investors, as the regulator boosts its scrutiny of the industry, according to people familiar with the matter.