German Chancellor Angela Merkel criticized her predecessor, Gerhard Schroeder, on Monday for taking a new job at Russian oil producer Rosneft and said she did not intend to take any posts in industry once she leaves politics. The nomination of Social Democrat Schroeder to the board of Rosneft, subject to Western sanctions over Moscow’s role […]
Read moreA win for the Democrats in Congress next year may push U.S. President Donald Trump to resign rather than face a possible impeachment, says a political risk analyst. “If the Democrats win in 2018 as far as the House of Representatives, they can then actually publish the tax returns of the president,” John Raines, head […]
Read moreAt least one person was killed and another injured in Marseille on Monday when a car crashed into two bus shelters in different parts of the French city, police said. Police advised the public to avoid the Old Port area where the driver, a 35-year-old man, was arrested. “At the moment we have no information […]
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ECB's Draghi poised for speech at Jackson Hole — Here's what you need to know
European Central Bank (ECB) President Mario Draghi will refrain from using language that could potentially excite markets in his speech this Friday at the economic symposium in Jackson Hole having been scarred by his recent experience at another central banking conference in Portugal, say analysts. Bond yields and the euro surged following Draghi’s remark at […]
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Russian oil major Rosneft seals biggest foreign purchase ever in India with 49% stake in Essar Oil
Russia’s largest oil producer Rosneft said on Monday it had successfully closed a deal to buy a 49 percent stake in Indian private refiner Essar Oil Limited (EOL). An investment consortium comprising Trafigura and UCP has also announced the closure of their acquisition of a separate 49 percent share of EOL. “Together with our partners […]
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Finnish police say arrested four other Moroccan men over links to stabbings
Finnish police said they has arrested four other Moroccan men over their possible links to the man suspected of killing two and wounding eight in Friday’s knife attacks. The police added in a news conference that the attacker, who had arrived in Finland last year, seemed to have chosen women as his targets. Finnish broadcaster […]
Read moreSpanish police were on Saturday searching for the driver of a van that ploughed into a crowd in Barcelona, killing 13 people, in one of two deadly attacks in Catalonia carried out by a network of suspected Islamist militants. The van driver has yet to be identified, police in the northeastern Spanish region said late […]
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Currency, United States Finance
In pictures: Deadly terrorist attacks in Barcelona and Cambrils, Spain
Deadly terrorist attacks over two days in Barcelona and Cambrils, Spain, have left 14 dead and more than 130 wounded. In Barcelona, police on Friday were searching for the terrorist who escaped a day earlier after driving a van through the popular Las Ramblas pedestrian strip. Seventy-five miles to the southwest, police shot and killed […]
Read moreSeveral people were stabbed in the Finnish city of Turku, police said on Friday, adding they had shot at and arrested one person. People should stay away from the city center, police said on their Twitter account. The Turun Sanomat newspaper reported that at least one person was killed in the attack. Finnish police said […]
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Spain terror attacks 'totally different' to other deadly incidents in Europe
Europe has been the target of a series of deadly terror attacks in recent years, yet the nature of Thursday’s attacks in Spain are “totally different”, according to the managing director of a risk and security consultancy firm. Spain launched a comprehensive counter terrorism operation on Friday after the country’s deadliest terror attack in more […]
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