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Iranian warplanes fired on U.S. drone over Gulf - Pentagon

IAG plans Iberia job cuts to restore profitability

MADRID - The owner of British Airways and Iberia plans to axe 4,500 jobs at the Spanish flag carrier as the group heads for a full-year operating loss. Full Article

• Scandinavia seeks EU green light for SAS guarantees - report
• Pressure mounts on India's Kingfisher with another net loss
• United Continental says Sandy dented October revenue and profit
• EU CO2 small print could delay airline conflict

Plaintiffs, BP urge judge to approve $7.8 billion spill settlement 3:27am GMT

NEW ORLEANS - BP Plc and lawyers representing over 100,000 individuals and businesses claiming economic and medical damages from the 2010 Gulf of Mexico oil spill on Thursday urged a U.S. judge to approve a proposed $7.8 billion (4.9 billion pounds) class-action settlement.

• Iranian warplanes fired on U.S. drone over Gulf - Pentagon 4:04am GMT
• Lonmin says has rejected Xstrata takeover proposal 8:14am GMT
• China data shows economic recovery gaining pace 8:54am GMT

Syria

Assad says he will die in Syria

DOHA - President Bashar al-Assad scotches any suggestion he may flee Syria and warns that any Western military intervention to topple him will have catastrophic consequences for the Middle East and beyond. Full Article

• Britain to reexamine ways to end Syrian conflict

Russia

Ousted defence chief crossed Putin's "family"

MOSCOW - When Anatoly Serdyukov opened the door to police in his bathrobe and slippers during an early-morning raid on the apartment of his 33-year-old female neighbour, the web of corruption and adultery finally became too much of a liability for Vladimir Putin. Full Article

• Kremlin capitalism turns off equity investors

Technology

Google Ventures beefs up fund size

SAN FRANCISCO - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year, catapulting it into the top echelon of corporate venture-capital funds. Full Article

• Google reaches out to the "next billion"
• Galaxy S3 best-selling smartphone in Q3 - Strategy Analytics

Aerospace

Fractured Europe faces new battle over Airbus

BERLIN/TOULOUSE - The proposed merger of Airbus parent EADS and Britain's BAE failed due to German objections. Now Berlin, emboldened by its growing stature in Europe, appears ready to push for moves that could spell disaster for Airbus. Full Article | Graphic

• Germany's EADS-BAE checklist in full

Video

Reuters Today: Don't bank on China rebound

Nov. 9 - A slew of China data beats expectations, but analyst say the numbers still aren't strong enough to mean a rebound is assured in Q4.

Guatemala mourns earthquake victims

Chavez hopes Obama 'forgets about destabilizing countries'

Obama sheds tear thanking election campaigners

Gabrielle Giffords faces Arizona shooter in court

Snowstorm batters U.S. Northeast

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Latest Headlines

Business

• FTSE 100 steady after recent falls amid macro worries
• IAG plans Iberia job cuts to restore profitability
• Rolls-Royce positive on year despite marine blow

Markets

• Hong Kong shares post worst week in 4 months, China down too
• European shares turn negative, growth concerns weigh
• European shares edge higher, led by Novo Nordisk

World

• Obama to make landmark visit to Myanmar this month
• Turkish air strikes kill 13 Kurdish militants
• Earthquake hits northern Japan, no tsunami warning issued

Technology

• Exclusive: Google Ventures beefs up fund size to $300 million a year
• Intel, HP tout newest Itanium server technology
• Twitter mistakenly resets passwords of large number of users

Politics

• UK campaigners call for Nobel Prize for shot Pakistani girl
• Nearly half of Britons want EU exit - poll
• EU bids to keep Britain engaged in budget debate

Deals

• Exclusive: Schulze's Best Buy bid seen in December, below $8 billion range
• Diageo to buy 53.4 percent stake in United Spirits for over $2 billion: memo
• Icahn says has considered Netflix takeover, no decision made