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Swiss bank announces huge losses in third-quarter results along with planned reduction in investment banking activities.
Kweku Adoboli, former trader at UBS, denies four counts of fraud at London court, in case which cost Swiss bank $2.3bn.
Oswald Gruebel, Swiss chief executive, resigns after scandal that reveals "unacceptable" risk exposure at the bank.
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Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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