Mexico’s Andres Manuel Lopez Obrador promised to seek friendly ties with the United States, shortly after claiming a landslide victory in the country’s presidential election. On the back of widespread frustration over endemic corruption and brutal violence, the 64-year-old former Mexico City mayor won around 53 percent of the vote, according to an official projection […]

German Chancellor Angela Merkel’s power base appears to be hanging on a thread after the leader of her long-term coalition partner reportedly offered to resign because of differences over immigration. The potential resignation of Horst Seehofer, the interior minister and head of the Bavarian-based Christian Social Union (CSU) which partners Merkel’s Christian Democratic Union (CDU) […]

The United States could get a new round of retaliatory tariffs worth as much as $300 billion, if it moves ahead with new duties on European cars, the Financial Times reported. In a written statement to the U.S. Department of Commerce, seen by the news publication, the EU set out clear plans to respond to […]

Shares in Europe are expected to open sharply lower Monday morning as investors question the stability of the German government and wider trade links between the European Union and the U.S. The FTSE 100 is seen down by 74 points at 7,586; the DAX is set to open lower by 110 points and the CAC […]

The NATO summit in Brussels on July 11 and 12 is an opportunity for President Donald Trump to get the trans-Atlantic relations back on a constructive path — the place they should have never left. It is absurd to think and say, as some do, that the European Union was created as an opponent to […]

An impromptu agreement between the United States and Saudi Arabia to add more supply to increasingly tight oil markets is perceived as a test of the kingdom’s ability to pump more crude — and could further antagonize Iran and Venezuela, as both countries grapple with deteriorating conditions in their respective economies. Barely a week after […]

European leaders have hashed out a deal on migration that has satisfied the Italian government’s hardline approach and potentially staved off the potential collapse of Angela Merkel’s coalition in Germany. Several European leaders had told CNBC ahead of the marathon overnight meeting that they were not optimistic about reaching a deal. But in the early […]

European stocks are set to open higher Friday morning, although underlying sentiment was soured by anxiety over ongoing global trade frictions. The FTSE 100 is seen 40 points higher at 7,651; the CAC is expected to open up around 39 points at 5,308, while the DAX is poised to start 103 points higher at 12,261, […]

President Donald Trump’s sustained bid to disrupt Iran’s petroleum exports could soon help to push oil prices above $90 a barrel, analysts told CNBC on Thursday. Crude futures were seen hovering close to multi-year highs during early afternoon deals, after a bigger-than-expected drop in U.S. stockpiles added to a rally fueled by a major Canadian […]

A summit between Russian President Vladimir Putin and U.S. President Donald Trump will hold a summit on July 16 in Helsinki, the Kremlin and the White House said on Thursday, firming up the place and date for a meeting that had already been agreed on. “The two leaders will discuss relations between the United States […]