One man’s loss is another man’s gain, as the saying goes, and so it seems to be the case for Brexit. As Britain prepares to suffer an outflow of jobs from its capital over the coming years, Europe, and one city in particular, looks set to reap the benefits: Frankfurt. Already a thriving financial hub, […]

As Russian troops take part in what may be the largest military exercise since the Cold War, NATO has called on Moscow to be more “transparent” about its exercises. The Zapad 2017 military exercise is held on the border with Poland, Lithuania and Belarus. The main purpose is to stimulate defense and counterattack in case […]

European markets are poised to open lower Thursday as investors assess geopolitical developments and look ahead to the Bank of England‘s latest policy decision. The FTSE 100 is set to open 14 points lower at 7,391; the German DAX is expected lower by 17 points at 12,506; and the French CAC is on track to […]

Russian authorities evacuated people from dozens of buildings in Moscow on Wednesday after a flurry of anonymous phone calls asserting the locations had been mined, RIA news agency reported. Three of Moscow’s main train stations were being checked on Wednesday, along with the city’s famous GUM department store near Red Square, and more than 20 […]

Myanmar’s de facto leader, Aung San Suu Kyi, has canceled a trip to the upcoming United Nations (UN) General Assembly amid intense and far-reaching condemnation for her handling of the Rohingya crisis. Almost 400,000 Rohingya Muslims have fled to neighboring Bangladesh since the outbreak of violence last month, according to the UN. A spokesperson for […]

In a key six-thousand-word speech, the European Union mentioned the United Kingdom once and avoided the word Brexit. The strategy of the European Commission – Europe’s leading Brexit negotiator – has been clear since the U.K. voted to leave the bloc: building a team that only deals with Brexit, redirecting all Brexit-related issues to it, […]

Russia’s huge military exercise along its western border this week has increased nervousness among neighboring countries as well as straining relations with NATO. The “Zapad 2017” military exercise, running from the 14th until the 20th September, is held every four years and will on this occasion include activities on the borders of Poland, Lithuania, and […]

The European Union is in its strongest position in a decade, but it must act quickly to capitalize on this and avoid past shortcomings, the President of the European Commission Jean-Claude Juncker has said. Delivering his keynote State of the European Union address Wednesday, Juncker outlined a number of measures the union must implement in […]

European markets were set to open lower on Wednesday morning, despite record highs on Wall Street following the release of Apple‘s latest iPhone. Britain’s FTSE 100 is seen 14 points lower at 7,391; the German DAX is expected to open down by around 18 points at 12,505 and the French CAC is poised to open […]

Global oil demand is set to accelerate faster than anticipated this year, according to the International Energy Agency (IEA), which has revised up its 2017 growth estimates. Strong second-quarter demand has buoyed oil markets, which have been struggling to rebalance as a supply glut has weighed heavily on prices, the IEA said in its September […]