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Surprise announcement makes Mark Carney, head of Canada's central bank, first non-British citizen to lead institution.
French bank shares tumble on credit rating concerns as UK unveils plans to tighten controls on financial sector.
Reforms suggested by the UK Independent Commission on Banking calls for limits on "too big to fail" banks.
Featured on Al Jazeera
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Tokyo government claims its homeless population has hit a record low, but analysts - and the homeless - beg to differ.
3D printers can cheaply construct homes and could soon be deployed to help victims of catastrophe rebuild their lives.
 
 
 
 
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