The mayor of London has called on U.K. Prime Minister Theresa May to cancel any plans for an official visit by U.S. President Donald Trump. The U.S. leader caused outrage in Britain on Wednesday after he used his Twitter account to share anti-Islam videos from a U.K. far-right group. A spokesman for the U.K. prime […]

Plans to reform the U.S. tax system are positive not only for the U.S. economy but also for banks, the chief executive of Credit Suisse told CNBC Thursday. “If it goes through it will be a positive for the U.S. economy, for earnings and therefore positive for banks,” Tidjane Thiam told CNBC. “So I think […]

One in every eight Irish jobs is in agriculture and food processing, or agrifood. Proportionally, that makes the industry as important to Ireland as the car industry is to Germany. In the U.K. province of Northern Ireland, where 1.8 million people live, the agrifood industry accounts for about 70,000 local jobs. Because of its strong […]

The 19 finance ministers of the euro zone are due to vote on their new chief at a meeting Monday – a key moment to understand what direction the monetary union might take in the near future. The vote is important, not only because the new president of the Eurogroup will be faced with key […]

Russia’s foreign minister has accused the U.S. of not being straightforward about its intentions towards North Korea. Foreign Minister Sergey Lavrov said Thursday that the U.S. could have deliberately provoked North Korea to take tough actions, according to Russian state news agency TASS. “Washington’s recent steps seem to be deliberately aimed at provoking Pyongyang to […]

OPEC and Russia appeared set to extend oil supply cuts until the end of 2018 on Thursday, but concerns the market may soon overheat prompted speculation any agreed deal could also have a caveat. The 14-member group OPEC, Russia and nine other producers are currently cutting production by around 1.8 million barrels per day until […]

The leader of prominent Irish political party Fianna Fail is optimistic that upcoming Brexit talks will produce some sort of proposal for Ireland regarding its northern border. This marks a starkly different attitude from many other European Union member states and certainly many other Irish politicians. “I think something will come through. I mean, my […]

Credit Suisse on Thursday announced ambitions to pare costs beyond 2018, as Chief Executive Tidjane Thiam builds on a revamp of the Swiss lender the bank says will be completed that year.In a statement ahead of its investor day, Credit Suisse said it is aiming for a return on tangible equity of 10-11 percent in […]

European bourses are seen opening mixed on Thursday morning after U.S. tech giants slipped overnight, while oil markets were cautious ahead of an OPEC meeting later in the session. The FTSE 100 is set to open 26 points lower at 7,366; while the DAX is expected to start up by 4 points at 13,054 and […]

The China-backed Asian Infrastructure Investment Bank (AIIB) is eyeing a Europe listing for its debut global bond. Issued in U.S. dollars, the inaugural bond listing will “more likely be in Europe,” AIIB Vice President Thierry de Longuemar told Reuters on Wednesday. “It will done under English law.” The AIIB, which has 80 member countries, was […]