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Brexit leads Santander to lower profitability target
Santander is neck and neck with France's BNP Paribas for the position as the eurozone's biggest bank by capitalisationSpanish banking giant Santander on Friday lowered its profitability target for 2018, saying its growth expectations had worsened in its main market Britain following the country's decision to leave the EU. In a presentation to investors, Santander said it was aiming for a return on tangible equity ratio (ROTE) of over 11 percent in 2018, down from the previous target of 13 percent stated last year. "While the environment in some of our markets has deteriorated, our strategy and business model continues to deliver for our customers and shareholders," Santander chief executive officer Jose Antonio Alvarez said in a separate statement.
EU 'cautiously optimistic' on global pact to curb aviation emissions
The objective of the International Civil Aviation Organization is to ensure that the volume of aviation emissions in 2035 is no higher, and hopefully lower, than the 2019 and 2020 levelsThe International Civil Aviation Organization (ICAO), a UN agency, opened its triennial assembly in Montreal on Tuesday and is meeting there until October 7, with a climate-centered agenda. "After four days of discussions," said EU transport commissioner Violeta Bulc. "I am pleased with the positive momentum emerging from ICAO's Assembly, and cautiously optimistic that there will be a positive outcome," the Slovenian EU commissioner said.
Iceland raises aviation alert due to Katla volcano activity
REYKJAVIK, Iceland (AP) — Iceland's Meteorological Office has raised the aviation alert level around the Katla volcano because of seismic activity.
NHL, NHLPA expect World Cup of Hockey to return in 2020
The Canadian team poses with the trophy following a victory over Europe during the World Cup of Hockey finals in Toronto on Thursday, Sept. 29, 2016. (Bruce Bennett/Pool Photo via AP)TORONTO (AP) — The World Cup of Hockey will return, without a doubt, and avoid another 12-year break.
Ryder Cup Capsules
United States' Patrick Reed fist pumps teammate Jordan Spieth on the first hole during a foresomes match at the Ryder Cup golf tournament Friday, Sept. 30, 2016, at Hazeltine National Golf Club in Chaska, Minn. (AP Photo/David J. Phillip)CHASKA, Minn. (AP) — A capsule look at Friday's matches from the Ryder Cup:

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World News

Video deposition released in Trump lawsuit

Newly released video deposition shows Trump in character: winging it. (Reuters)In the video, the real estate mogul acknowledges that he doesn't take notes despite running a multibillion-dollar business.


Clinton taunts Trump over 'Twitter meltdown'

Democratic presidential nominee Hillary Clinton speaks during a campaign stop in Fort Pierce, Fla. (Matt Rourke/AP)The Democratic presidential nominee calls out her rival's overnight attack on former Miss Universe Alicia Machado.


Video of El Cajon police shooting released

Police release videotape of officers shooting California man. (Reuters)Footage from a surveillance camera shows two officers confronting Ugandan-born Alfred Olango before one of them opens fire on him. Sparked protest


The iPhone and Trump's free trade stance

The iPhone 7. (Kiichiro Sato/AP)Experts point to the iPhone as a product that might never have existed under the economic system Donald Trump favors.


Trump's audio 'issues' at debate confirmed

Commission admits ‘issues' with Trump audio during debateRepublican presidential nominee Donald Trump was right when he complained about audio in the debate hall.