France welcomed a strategic cooperation deal with Belgium under which Belgium will buy 60 armored Jaguar vehicles and 417 Griffon multi-role armored vehicles worth 1.1 billion euros ($1.23 billion). French Army Minister Florence Parly said in a statement on Friday evening the decision reflected “the great strategic and operational proximity of our two countries.” Parly […]

Oil prices fell sharply this week on concerns about global oversupply, but now might be the time to buy the commodity, according to one strategist. WTI and Brent crude have both fallen around 4 percent so far this week, leaving it in a technical bear market as prices are down more than 20 percent so […]

North Korea has carried out another test of a rocket engine that the United States believes could be part of its program to develop an intercontinental ballistic missile, a U.S. official told Reuters on Thursday. The United States assessed that the test, the latest in a series of engine and missile tests this year, could […]

Theresa May offered fellow EU leaders a “fair” deal on Thursday for compatriots living in Britain after Brexit, though her peers sounded skeptical and demanded more detail from a prime minister weakened by an electoral misfire two weeks ago. Given the floor for 10 minutes at the end of a Brussels summit dinner, her first […]

Bank of England policymaker Kristin Forbes said on Thursday she feared the pound‘s weakness would have a lasting upward effect on inflation, and that she was concerned central banks were becoming more reluctant to raise rates than in the past. Forbes – whose three-year term on the BoE’s Monetary Policy Committee ends next week – […]

British chip designer Imagination Technologies announced it had put itself up for sale on Thursday, weeks after the group launched a formal dispute against Apple. While Imagination said it was “progressing well” having attracted buyer interest, the U.K.-based firm confirmed it “remains in dispute with Apple”. In April, the Silicon Valley giant announced it would […]

Ukrainian President Petro Poroshenko said after meetings in Washington that Kiev and the United States would soon sign a number of agreements boosting defense cooperation, news agency Interfax-Ukraine reported on Wednesday. Poroshenko said U.S. Defense Secretary Jim Mattis and Vice President Mike Pence had told him that key members of President Donald Trump‘s administration would […]

Russia’s deputy foreign minister says he has cancelled upcoming talks with the U.S. undersecretary of state over a new round of U.S. sanctions against Russia. The Trump administration announced Tuesday that it has imposed sanctions on 38 Russian individuals and firms over Russia’s activities in Ukraine. The Russian Foreign Ministry on Wednesday quoted Deputy Minister […]

Boris Becker has been declared bankrupt by a British court after he failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last chance to pay a debt that Becker has owed private bankers Arbuthnot Latham & Co. since 2015. The […]

Oil prices could be poised to fall below $40 a barrel before too long, according to an analyst at Energy Aspects, as the commodity appeared set to post its largest price slide in the first half of the year for the past two decades. “This is like a falling knife right now, I genuinely haven’t […]