Iranian President Hassan Rouhani is in Europe to meet the leaders of Austria and Switzerland in a bid to save the international nuclear deal that has been abandoned by the U.S. However, trying to do so could cause a “very messy dispute” between the U.S. and Europe, according to one expert. “The U.S. will increase […]

Drinking coffee could boost your chances of a longer life, research shows, even for those who consume as many as eight cups a day. In a study of around half-a-million British adults, coffee drinkers were found to have a slightly lower risk of death over a 10-year follow-up period than non-coffee drinkers. The apparent longevity […]

The Bank of England (BOE) might surprise markets with a faster increase in interest rates than is currently expected, a member of the central bank’s Monetary Policy Committee told CNBC Tuesday. Market players have priced in a little bit more than one rate hike over the next 12 months. But, according to the BOE’s Michael […]

The German coalition government has been salvaged after Chancellor Angela Merkel reached a compromise with interior minister and the leader of the Christian Social Union (CSU), Horst Seehofer, ending a bitter standoff over immigration. A political crisis was avoided Monday evening when Seehofer dropped his threat to resign after hours of talks with Merkel. The […]

European stocks are set to open slightly higher Tuesday morning, though underlying sentiment could be soured by anxiety over global trade frictions. The FTSE 100 is seen little changed at 7,557; the CAC is expected to open up around 12 points at 5,285 while the DAX is poised to start 30 points higher at 12,272, […]

Trade tariffs and political interference have started to hurt cross-border megadeals, a report from Mergermarket showed Tuesday. Although the first half of 2018 represented the strongest six months in merger market activity since the financial crisis, cross-border deals have taken a hit. In total, megadeals reached a value of $1.94 trillion in the first six […]

It could be at least another two weeks before supplies of carbon dioxide (CO2) to the United Kingdom return to normal, according to the British meat industry. A desperate shortage of food-grade CO2 in recent weeks has disrupted the normal operations of meat, alcohol and soda drinks producers in Europe, particularly affecting those based in […]

President Donald Trump’s call for Saudi Arabia to abruptly increase oil production should be dismissed as political “noise,” one strategist told CNBC Monday. In a tweet posted on Saturday, Trump said Saudi Arabia’s ruler King Salman had agreed to his request and would soon raise oil output by up to 2 million barrels per day […]

President Donald Trump’s threatened trade tariffs are like a “thunderstorm” facing Europe, according to the head of a German industry body. “There is a thunderstorm coming from the west of the Atlantic, and we should all prepare for this in Europe and we should work on these issues (around trade),“ Joachim Lang, director general of […]

A slew of global developments are convening to threaten economic growth, according to one investment manager, who believes that the risks of a recession next year have now “significantly increased.” Global growth stood at 3.8 percent in 2017 and it is set to add another 3.9 percent this year and the next, according to forecasts […]