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Olivia Wilde and Jason Sudeikis have released a joint statement regarding the highly publicized end of their relationship.

Credit Suisse Group AG recently launched a process that could see its U.S. asset management arm sold, a source familiar with the matter said on Monday, as the troubled Swiss bank seeks to reshape its business after multiple scandals. Initial expressions of interest from potential buyers are due in at the end of this week, said the source, who spoke on condition of anonymity to discuss private information. The source added there was no guarantee of a sale and Credit Suisse could ultimately retain the business. Bloomberg News reported earlier on Monday, citing people familiar with the matter, the launch of an auction for the unit, which includes a platform for investing in collat...

Keep on reading: Credit Suisse places U.S. asset management arm for sale – source

LONDON - Britain's markets watchdog curbed activities of twice as many consumer investment firms in the last financial year as the previous year, it said on Tuesday, as it seeks to clamp down on poor financial advice and scams. The restrictions included preventing firms from promoting and selling certain products or providing specific services like advice on defined benefit - or final salary - pension transfers, the Financial Conduct Authority said in a statement. Under Chief Executive Nikhil Rathi, lawmakers have pressured the FCA to make radical changes so it can spot misconduct faster, after a surge in online scams since people were forced to work from home due to COVID-19 restr...

Keep on reading: Britain’s markets watchdog ups curbs on retail investment firms

Airbus' unusual "Beluga" cargo plane made its first delivery to the US since 2009, transporting a satellite to the Kennedy Space Center.

    HONG KONG --- As Xi Jinping consolidates power at China's 20th Communist Party Congress this week, Chinese women are not holding their breath for progress in gender equality. Xi's decade as the party's general secretary has seen the number of women in politics and elite government roles decline and gender gaps in the workforce widen, academics and activists say. Feminist voices have also been muzzled and in recent years, the government has increasingly emphasized the value of traditional roles for women as mothers and carers, they add. Mao Zedong, the founding father of the People's Republic, famously said "women hold up half the sky" and gender equality is ...

Keep on reading: For China’s women, this week’s Congress is unlikely to mean progress

NEW YORK - U.S. stocks kicked off the trading week on Monday with a rally after Britain reversed course on an economic plan, while Bank of America was the latest financial company to post solid quarterly results, which lifted optimism about the corporate earnings season. Britain named Jeremy Hunt finance minister, and he immediately dispelled many of Prime Minister Liz Truss' fiscal measures, which had unnerved markets in recent weeks. Bank of America Corp shares surged 6.06 percent as the lender's net interest income was buoyed by rising interest rates in the quarter, even though it added $378 million to its loan-loss reserves to buttress against a softening economy. Fellow fin...

Keep on reading: Wall Street rallies after BofA results, UK reversal

MANILA, Philippines --- Drug suspect Juanito Jose Diaz Remulla III, son of Justice Secretary Jesus Crispin Remulla, has been getting a lot of "special treatment," Rep. France Castro of the Alliance of Concerned Teachers said in a statement issued on Monday. Castro, a member of the Makabayan bloc in the House of Representatives, cited two incidents. The first incident was the two-day delay in publicizing the younger Remulla, who was arrested last Oct. 11 in Las Pias for importing around P1.3 million worth of kush, a cannabis plant that's illegal in the Philippines. "His father who was in Geneva was even among the first to know [of] the arrest. What transpired during the almos...

Keep on reading: Solon questions ‘special treatment’ of justice secretary’s son

  San Francisco, United States ---The United States said Monday that President Xi Jinping was leading China in a more "aggressive" direction but renewed eagerness to cooperate on shared interests as he prepares for a historic third term. Xi on Sunday hailed his own response on Covid and corruption as he launched a Communist Party Congress that is set to give him another five years at the helm of the billion-plus nation. "We've seen a very different China emerge in recent years under Xi Jinping's leadership," Secretary of State Antony Blinken said. "It is more repressive at home; it's more aggressive abroad. And in many instances that poses a challenge to our own inte...

Keep on reading: US ready to work with Xi but sees more ‘aggressive’ China

Environmental protesters have stepped up their shock tactics in the UK as they try to bring attention to their causes, but the British government is planning to limit these types of disruptive demonstrations. CNN's Isa Soares has more.

  LONDON --- Britain's Prime Minister Liz Truss apologized for "mistakes" in her program that caused investor confidence to evaporate and her poll ratings to plunge before nearly all of it was finally shredded on Monday, but said she would not step down. "I do want to accept responsibility and say sorry for the mistakes that have been made," Truss told the BBC. "I wanted to act but to help people with their energy bills to deal with the issue of high taxes, but we went too far and too fast." Finance Minister Jeremy Hunt, who was appointed on Friday after Truss sacked her close ally Kwasi Kwarteng, jettisoned the remaining major planks of her tax-cutting agenda on Mon...

Keep on reading: UK’s Truss: Sorry for the mistakes, but I’m sticking around

Wind and solar power have made up a record 24% of the European Union's electricity mix since Russia launched its war on Ukraine, a new report says, a boost that has also helped the bloc battle soaring inflation.

A teenage dissident trailed behind a group of smugglers in the borderlands of western Iran. For three days, Rezan trekked a rocky mountain range and walked through minefields along a winding path forged by seasoned smugglers to circumnavigate the country's heavily armed Revolutionary Guards. It was a trip too dangerous for respite of much more than a few stolen moments at a time.

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Keep on reading: PH logs 1,938 COVID-19 infections, active tally at 25,848

Russia has launched a series of kamikaze drone attacks across Ukraine in recent weeks, striking civilian infrastructure far from the frontlines of the war. Retired US Army Brig. Gen. Steve Anderson joins CNN's Victor Blackwell and Erica Hill to explain what we should know about the deadly aerial weapons.

Democrats are running ads attacking Republican candidates for supporting a federal abortion ban. Many of the ads are accurate, but in some cases the ads twist the truth. CNN's Daniel Dale breaks down three misleading ads and explains the tactics used.

Magnolia coach Chito Victolero didn't have to pore over league statistics or revisit old game clips to remind himself just how little superficial winning streaks could be in the Philippine Basketball Association (PBA). A reminder was right before the Hotshots on Sunday night. The Hotshots played NorthPort at Smart Araneta Coliseum, with Victolero and his charges pocketing a 109-91 decision to stay perfect after five games of the Commissioner's Cup. "I always remind them that we've gone through something like this before, that this is only the start," he told a number of scribes on his way out of the venue by way of a mobility scooter. Recent experience made Victolero talk...

Keep on reading: Victolero says no way Hotshots satisfied despite rip-roaring start

Photographer and Save the Children ambassador Misan Harriman documents the horrors of starvation in children as Somalia faces drought in another rainy season.

MANILA, Philippines --- The tourism industry is among the Philippines' high potential drivers for economic transformation, with Filipinos as its greatest asset, President Ferdinand "Bongbong" Marcos Jr. said on Monday. He made the remark in his speech at the Philippine Tourism Industry Convergence Reception in Pasay City. He said the government should do everything to ensure that the tourism industry, which he called an asset, would create jobs and attract visitors to the country. "It became very clear that, as we transform our economy, one of the possible and high potential drivers for the transformation for the economy was tourism and the reason is we in the Philippines ha...

Keep on reading: Tourism a ‘driver’ to economy transformation – Marcos

Creamline welcomes back the prolific Tots Carlos on Tuesday when the Cool Smashers and Petro Gazz add another chapter to their seething rivalry as they dispute a share of the early lead in the Premier Volleyball League Reinforced Conference eliminations at PhilSports Arena in Pasig City. After watching her teammates carve out a tough 25-22, 25-18, 26-28, 25-22 victory over the PLDT High Speed Hitters last Thursday, Carlos rejoins the side that will be trying to complete a Grand Slam here, with her debut coming against an Angels' side that's itching to avenge a couple of finals losses. Petro Gazz is technically the defending champion, winning in 2019 and having kept the title th...

Keep on reading: Cool Smashers, Angels renew grudge rivalry with lead share at stake

Trump administration aides "usurped control of CDC communications and blocked public health officials from providing accurate information about the coronavirus to the American people," the House Select Subcommittee on the Coronavirus Crisis, led by Democratic Rep. Jim Clyburn, said in a report released Monday.