European bourses are set to open lower on Monday morning after preliminary coalition talks in Germany collapsed. The FTSE 100 is seen lower by 11 points at 7,369; the German DAX is expected to open 81 points lower at 12,911 and the CAC 40 is seen down by 25 points at 5,288, according to IG. […]

Stability — whether it be economic, social, political or cultural — is a key term Germans use to define what they believe makes them, and their country, so different from the rest of the world. The ensuing corollaries are predictability, dependability, responsibility, discipline and orderliness. Many of those things, elevated to the level of national […]

Talks among four German parties seeking to form a coalition government after an election that weakened Chancellor Angela Merkel broke down on Sunday after the pro-business Free Democrats (FDP) pulled out, citing irreconcilable differences. The decision by the FDP means that Merkel will either seek to form a minority government with the Greens or a […]

Brexit is still well over year away but two European cities on Monday will already be celebrating Britain’s departure from the European Union. Two major EU agencies now in London — the European Medicines Agency and the European Banking Authority — must move to a new EU city because Britain is leaving the bloc. The […]

Argentina’s Navy detected seven brief satellite calls Saturday that officials believe may have come from a submarine with 44 crew members that hadn’t been heard from in three days. The communication attempts “indicate that the crew is trying to re-establish contact, so we are working to locate the source of the emissions,” the Navy said […]

Sinn Fein’s Gerry Adams, a pivotal figure in the political life of Ireland for almost 50 years, said on Saturday he will step down as party leader and complete a generational shift in the former political wing of the Irish Republican Army (IRA). Reviled by many as the face of the IRA during its campaign […]

Saad al-Hariri, who resigned as Lebanon’s prime minister this month while in Saudi Arabia, arrived in Paris on Saturday as part of French mediation efforts aimed at trying to ease tensions across the region. Hariri’s resignation on November 4 threw Lebanon into political crisis and put it centre-stage in the Middle East’s overarching rivalry between […]

Swiss financial markets authority FINMA has found that the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed. FINMA ruled on June 30 that JPMorgan Switzerland had “seriously infringed” regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 and published on […]

The world’s largest oil exporter could be poised to back out of a widely anticipated extension to global supply cuts, Chris Weafer, senior partner at Macro-Advisory, said Friday. OPEC members are reportedly forming a consensus with other allied crude exporters to extend their production deal by nine months. That would prolong the agreement among OPEC, […]

President Vladimir Putin signed a decree on Thursday which said Russia’s armed forces numbered just over 1.9 million people, including over 1 million military servicemen. The TASS news agency said the new decree replaced an older one from 2016 which had put the total number of personnel in the armed forces at around 1.8 million. […]