France urges Europe to act on ‘unacceptable’ US Iran sanctionsFrance's economy minister Bruno Le Maire urged European nations Friday to defend themselves against US sanctions targeting foreign companies that trade with Iran, as the rift between Washington and it...
Plastics mines? Europe struggles as pollution piles upEurope has sent just over half the plastic waste it used to ship to China to other parts of Asia since Beijing's environmental crackdown closed the world's biggest recycling market in January. The kno...
Oil near multi-year highs as Iran sanctions tighten supply outlookOil prices steadied near 3-1/2 year highs on Friday as the prospect of new US sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping...
Japan economy seen shrinking for first time in two years in first quarterJapan's economy is expected to have contracted for the first time in two years in the first quarter due to weak private consumption and softer export demand, a Reuters poll showed on Friday. A negativ...
Gold eases on firmer dollar; but eyes first weekly gain in fourGold prices slipped in range-bound trading on Friday as the dollar firmed slightly, with investors mostly brushing off a potential broadening of conflict in the Middle East. Spot gold was down 0.1 per...
Wall Street banking giant JP Morgan looks to expand in ChinaWall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of...
Keeping rates on hold was straightforward – BoE’s BroadbentKeeping British interest rates on hold this month was a straightforward decision, as it made sense to wait and see if first-quarter economic weakness was temporary, Bank of England Deputy Governor Ben...
BOJ’s Kuroda calls on government to step up structural reformBank of Japan Governor Haruhiko Kuroda said more work needs to be done to boost the country's growth potential, making a rare call for the government to deliver on its growth strategy - the third arro...