Russian President Vladimir Putin is heading to Iran to sign a joint statement with the country’s leaders Wednesday, Moscow said — a move that signals the Kremlin is prepared to remain close to the increasingly isolated state. Putin is due to meet Iranian President Hassan Rouhani and the country’s Supreme Leader Ayatollah Ali Khamenei with […]

A former member of the Bank of England (BOE) told CNBC it’s “unwise” for the central bank to stick to a long-term policy strategy in case it gets wrong-footed by new economic data. On the eve of an expected rate hike by the U.K. central bank, David Miles, a former member of the BOE’s monetary […]

Spain’s High Court has summoned Catalonia’s deposed leader to testify in Madrid later this week as the country’s judicial system weighs up whether to proceed with criminal charges against the pro-independence leadership. The court in Madrid issued a summons Tuesday for former Catalan President Carles Puigdemont and 13 other members of his government to appear […]

European stocks are set to open on a positive footing Wednesday, despite a terrorist attack in New York, as investors focus on earnings reports. The FTSE 100 is set to start higher by 18 points at 7,511; the DAX is seen up by 93 points at 13,323 and the CAC 40 is expected to begin […]

Russia’s Prime Minister Dmitry Medvedev said on Wednesday that the world should not be dominated by one currency. Russia is also working on its own national payment system, Medvedev told reporters in Beijing during a visit to China. Source: cnbc Russia's Medvedev says the world shouldn't be dominated by one currency

A digital invoice finance platform in the U.K. will provide business loans to its customers for the first time, it was announced Wednesday. Financial technology company MarketInvoice enables businesses to sell their unpaid invoices to provide working capital. The firm said it would expand into the business lending market, pitting it against established players such […]

British Prime Minister Theresa May has promised to take action to protect government staff against sexual harassment, as allegations grow of inappropriate behavior by male members of parliament (MPs). A series of claims about the behavior of senior politicians have emerged in recent days, after the Harvey Weinstein scandal encouraged women in all professions to […]

Deposed Catalan leader Carles Puigdemont said he was not trying to escape justice by travelling to Brussels and that he wanted to “put the Catalan problem at the heart of the European Union.” Puigdemont traveled to the Belgian capital on Monday as Spain’s chief prosecutor called for criminal charges of rebellion, sedition and embezzlement to […]

The Bank of England expects Britain to lose up to 75,000 financial services jobs in the years after the country leaves the European Union in 2019, the BBC reported on Tuesday. “I understand that senior figures at the Bank are using the number as a ‘reasonable scenario’, particularly if there is no specific UK-EU financial […]

The famous red Coca-Cola truck should be banned from visiting the city of Liverpool this Christmas, according to members of a U.K. political party The English city’s Liberal Democrat party has written a letter to mall owners who host the truck, asking that the tradition should not take place because Liverpool “is in the grip […]