UNITED KINGDOM

Banks in the European Union could face fines of up to 10 percent of turnover if they fail to comply with tougher capital and liquidity rules, the bloc's financial services chief said on Wednesday.

Of course I regret, and I am extremely sorry, about the furor it has caused, Cameron told the gallery in the House of Commons.

Both took to twitter to show their displeasure at the rumor.

The Florida teen, who killed his parents and threw a party with their dead bodies locked up in the bedroom, was denied bail on Wednesday after being charged with two counts of first degree murder.

The Bank of England's Monetary Policy Committee judged that recent economic weakness had reduced the chance that interest rates would need to rise in the near term, minutes to the BoE's July meeting showed on Wednesday.

Murdoch gets slapped across the face in the wake of the phone hacking controversy.

Britain’s Prince William and his wife Catherine Middleton (Kate Middleton), the Duke and Duchess of Cambridge, have finally moved to their official royal residence, the Kensington Palace in London.

As the scandal hit media tycoon Rupert Murdoch's Tuesday's parliamentary committee hearing was progressing, a man nonchalantly approached Murdoch and slapped a plate of shaving cream in his face and shouted, You are a greedy billionaire. Wendi Deng, Murdoch's wife, and his son James Murdoch promptly defended the attacker with Deng, a former volleyball player, slapping the assailant.

Wendi Deng Murdoch, age 43, has two children-- Grace Helen Murdoch and Chloe Murdoch-with international media mogul Rupert Murdoch.

Today Wendi Deng Murdoch shielded her husband, the head of News International, from a foam pie attack at his Parliamentary committee hearing today in the United Kingdom.

News Corporation chief Rupert Murdoch faced a surprise attack from a man during a parliamentary committee hearing on Tuesday over the phone hacking scandal. The unexpected incident forced a 10-minute halt of the proceedings.

Norway's Telenor and Britain's Vodafone are expected to outshine their European telecom peers as the sector struggles with weak economies and forced price cuts.

The Rugby World Cup is expected to be an intense tournament.

During testimony before a parliamentary committee on Tuesday, Brooks addressed the subject and downplayed how close she is with the Prime Minister and insisted that reports about the closeness of their relationship in the media are erroneous and exaggerations.

The man who pied Rupert Murdoch is revealed

A spin-off of Rupert Murdoch's British newspapers is looking more likely as a way of defusing public hostility over his role in the UK media and keeping alive his hopes of eventually buying British Sky Broadcasting .

Not only does the billionaire “media mogul” seem to be confused and somewhat incoherent, but he has also washed his hands of any wrongdoing at his corporation.

Home Affairs Committee interrogates Rebekah Brooks.

At the beginning of his appearance before committee of MPs to answer questions about phone-hacking at his British newspapers, Rupert Murdoch asked if he could make an opening statement.

London police are still investigating the unexplained death of whistleblower Sean Hoare who was found dead at his apartment on Monday.

Rupert Murdoch's British newspaper group told staff to change their passwords and tighten security, sources said on Tuesday, after hackers attacked the website of his tabloid The Sun.