European stocks are set to start the week on a higher note as investors become more positive about trade relations between the U.S. and China as well as Italian politics. The FTSE 100 is seen up by 0.5 at 7723; the DAX is seen higher by 22.3 points at 13,020; and the CAC 40 is […]

Germany does not want to finance the budget to support reforms in a French proposal to “refound” the European economic and political integration (aka “the European project”). At the same time, the presumption of European unity is being severely tested by the extraterritorial impact of President Donald Trump’s unilateral sanctions on Iran. Ironically, the money […]

Former House majority leader Eric Cantor is among a growing number of Washington insiders encouraging the U.S.’s involvement in a nuclear energy program for Saudi Arabia. Asked by CNBC’s Hadley Gamble on Sunday if it was the right move for the Donald Trump administration to support the Islamic kingdom’s nuclear energy pursuits, Cantor replied, “I […]

Italian oil and gas giant ENI may not have any investments in Iran, but its CEO Claudio Descalzi sees disruption ahead for oil markets thanks to the reimposition of U.S. sanctions on OPEC’s third-largest oil producer. “The impact is more for the crude oil price, because Iran now is exporting about 2.6 million barrels (per […]

An assailant armed with a knife killed at least one person and inuured several more in Paris inan attack on Saturday night before being shot dead by police, a police source said. Four people were injured, including two seriously, BFM TV said. @uhitscarolEEna tweet A police source confirmed there had been a knife attack without […]

The new U.S. ambassador to Germany said the row over Washington’s planned imposition of punitive tariffs on European goods would not trigger a trade war, adding that U.S. President Donald Trump only wanted “a level playing field”. In an interview with the Funke newspaper group, Richard Grenell insisted that the United States was awaiting proposals […]

Iraq’s reconstruction efforts desperately need international investment, and the U.S. and its Gulf allies want to push back Iran’s entrenched influence in the war-weary country. Billions of dollars in recently pledged investment from Saudi Arabia and its neighbors may serve as a tool to meet both of these ends, but Iraq’s upcoming election could threaten […]

Italians could be about to find out what their next government looks like, after more than two months of political stalemate. The anti-establishment parties, Five Star Movement (M5S) and Lega, have until Sunday to come up with an agreement or Italy will be headed for a repeat of its March election. The two parties said […]

Formula One (F1) has approved a new Miami street circuit Grand Prix to be added to the calendar in 2019. However, reigning World Champion Lewis Hamilton has suggested organizers might want to have a rethink before committing fully to the idea. The Mercedes driver indicated ahead of this weekend’s Spanish Grand Prix that he had […]

In the face of recent decisions taken by President Donald Trump, Europe needs to strengthen its position as a global player, the president of the European Commission said Friday. Trump decided earlier this week to pull the United States out of an international nuclear accord with Iran. The U.K., Germany and France, who are also […]