Europe Business

African banks to fund construction of world’s biggest marine diamond mining vessel

19/06 Five African commercial banks have partnered in a $375 million financing deal to build a new diamond mining vessel for a subsidiary of Anglo American's diamond unit De Beers.  Full story

EXCLUSIVE-Italy coalition drafts bill to reform central bank's management

06h30 Italy's coalition has drawn up a bill aimed at giving the government and parliament the right to name the central bank's five-member board, ending the current system by which appointments are made mainly internally.. . .  Full story

Copper, nickel at 3-week high as dollar eases on Fed rate cut hints

06h19 London copper and nickel prices climbed to a more than three-week high on Thursday on a weaker U.S. dollar as investors took Federal Reserve's comments as a sign of possible interest rate cuts later. . .  Full story

Gold sprints to over 5-year peak after Fed hints at rate cuts

05h29 Gold prices surged as much as 1.8% to their highest in more than five years on Thursday after the U.S. Federal Reserve signalled possible interest rate cuts later this year, sending the dollar and. . .  Full story

Australian shares eke out small gains as miners plunge; NZ dips

04h26 Australian shares edged up on Thursday, tracking the broader global rally after the U.S central bank signalled possible interest rate cuts although wider gains were capped by a weaker mining sector on concerns about. . .  Full story

Mining giant Rio Tinto cuts key iron ore supply forecast again, shares hit

03h13 Mining giant Rio Tinto Ltd on Thursday lowered its guidance on volumes of iron ore it expects to ship from the key Pilbara producing region in Australia for the third time since April, citing operational. . .  Full story

COLUMN-United States aims to reshape the critical minerals world: Andy Home

03h00 The United States has laid out its strategy to rebuild collapsed domestic supply chains for metals and minerals deemed "critical" to its defence and manufacturing sectors.. . .  Full story

Oil prices rise as U.S. stockpiles drop, OPEC agrees meeting date

02h51 Oil prices rose over 1 percent on Thursday as official data showed U.S. crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss. . .  Full story

Airbus seals deals with big buyers, following Boeing's MAX sale

01h07 Airbus sealed deals with big buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back a day after a surprise order by British Airways' owner for rival Boeing's grounded 737 MAX. . .  Full story

Bank of England to plough lone furrow with rate hike message

01h01 The Bank of England looks set to plough on alone among major central banks on Thursday by sticking with its message that it plans to raise interest rates, just as trade wars and a. . .  Full story

EU leaders haggle over climate, top jobs

00h00 The European Union's 28 national leaders meet in Brussels on Thursday to haggle over how ambitious their climate goals should be and who should navigate the bloc in coming years.. . .  Full story

UK risks Scotland split, more austerity after a no-deal Brexit -Hammond

19/06 British finance minister Philip Hammond warned contenders in the race to become prime minister that a no-deal Brexit could pull the United Kingdom apart and would deprive Britain's next leader of the money needed. . .  Full story

Oil prices little changed despite U.S. crude stock draw

19/06 Oil futures were mostly steady on Wednesday as price support from a larger-than-expected decline in U.S. crude inventories was countered by a lull in equities.. . .  Full story

Rio Tinto cuts iron ore shipments forecast from hub in Pilbara region

19/06 Rio Tinto Ltd said on Wednesday it was experiencing iron ore mine operational problems, particularly in the Greater Brockman hub in the Pilbara region in Australia, leading the miner to cut its shipments forecast. . .  Full story

Lloyd's to meet with insurers AIG, Chubb to boost U.S. business -CEO

19/06 Lloyd's of London Ltd is meeting with major U.S. insurers about driving more business through its global insurance market, Chief Executive Officer John Neal said on Wednesday.. . .  Full story

Staff evacuated as rocket strikes near foreign oil firms in Iraq

19/06 A rocket hit a site in southern Iraq used by foreign oil companies on Wednesday, including U.S. energy giant ExxonMobil, wounding three people and threatening to further escalate U.S.-Iran tensions in the region.. . .  Full story

French ASN orders EDF to fix weldings on Flamanville nuclear reactor

19/06 French nuclear regulator ASN said in a statement on Wednesday that utilitiy EDF will have to repair eight faulty weldings that traverse the containment vessel at the nuclear reactor EDF is building in Flamanville, northern. . .  Full story

Italy coalition drafts bill to reform central bank's management

19/06 Italy's coalition has drawn up a bill aimed at giving the government and parliament the right to name the central bank's five-member board, ending the current system by which appointments are made mainly internally.. . .  Full story

Airbus grabs China Airlines narrow-body jet order

19/06 Airbus unveiled an aircraft deal with Taiwan's China Airlines on Wednesday, snatching the carrier's medium-haul fleet renewal from Boeing a day after its U.S. rival made a shock entry into the single-aisle fleet of British. . .  Full story

Momentum builds for EU leaders to agree carbon neutral 2050 pledge at summit

19/06 A push by Germany, France and other EU nations for the bloc to go carbon neutral by mid-century looks likely to be endorsed by EU leaders on Thursday, despite resistance from eastern European nations worried. . .  Full story

Britain's bankers call for more support, tax cuts after Brexit

19/06 Britain should create a new body to promote a positive "vision" for banking and cut taxes on the industry after failing to support the sector adequately ahead of Brexit, banking trade body UK Finance's. . .  Full story

GSK kicks off sale of $1.2 bln consumer health drugs -sources

19/06 GlaxoSmithKline (GSK) has kicked off the sale of some consumer health brands as it seeks to raise about 1 billion pounds ($1.26 billion) before pressing ahead with a spinoff of its consumer healthcare business, sources. . .  Full story

Britain's Lord Myners urges UK to investigate GAM-Greensill fund

19/06 A member of Britain's House of Lords said on Wednesday that the UK financial regulator should investigate the GAM Greensill Supply Chain Finance Fund in relation to the pricing of investments and activities of. . .  Full story

Czech owners of Skoda, VW cars qualify for $23 mln compensation, court says

19/06 A Prague district court has ruled that a number of Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW's diesel emissions scandal, the ruling seen. . .  Full story

EU summit draft conclusions back call for carbon neutrality by 2050

19/06 European Union leaders may agree to back going carbon neutral by 2050 on Thursday, according to language in the latest draft conclusions for their summit seen by Reuters.. . .  Full story

Copper holds near 3-week highs on trade talk optimism

19/06 Copper prices stayed near three-week highs on Wednesday on hopes that renewed talks between China and the United States will defuse a trade dispute that investors fear will damage economic growth and metals demand.. . .  Full story

Italy central bank chief says bond spread is ridiculous

19/06 Italy's central bank chief, Ignazio Visco, described the difference between Italian and German sovereign bond yields as ridiculous, saying it reflected unfounded fears that Rome could fail to repay its debts or might exit from. . .  Full story

Hungarian IT firm 4iG eyes acquisitions to expand - CEO

19/06 Hungarian information technology firm 4iG plans to grow through debt-fuelled acquisitions in the central European region, its CEO and largest shareholder Gellert Jaszai told Reuters on Wednesday.. . .  Full story

Miners, strong sterling drag down FTSE 100

19/06 Britain's main index slipped on Wednesday, weighed down by miners after Rio Tinto cut its forecast for shipments from an Australian region, while sterling's gains ahead of Bank of England meeting dragged down exporters.. . .  Full story

European stocks tread water, all eyes on Fed

19/06 European stock markets closed little changed on Wednesday in anticipation of the U.S. Federal Reserve policy statement, a day after European Central Bank's dovish calls raised hopes of a more accommodative Fed.. . .  Full story

Calm returns to euro zone bond markets after Draghi storm

19/06 Euro zone bond yields rose on Wednesday, with a degree of calm returning to markets a day after a surprise hint from ECB chief Mario Draghi of more stimulus triggered the biggest one-day fall. . .  Full story

Macron to discuss Renault/Nissan with Japan's Abe next week - Elysee official

19/06 French President Emmanuel Macron will discuss the situation regarding the alliance between carmakers Renault and Nissan with Japanese Prime Minister Shinzo Abe next week, said an official at Macron's Elysee office.. . .  Full story

Timeline of EU disciplinary procedure over Italy's debt

19/06 The European Commission has asked Italy to adopt new measures to cut its growing public debt and avoid an EU disciplinary action that could lead to financial sanctions and stricter oversight of the country's. . .  Full story

PPC seeks capacity mechanism from EU for Greek coal unit

19/06 Greece's Public Power Corp (PPC) said on Wednesday that a 1.4 billion euro ($1.6 billion) coal-fired plant project is at risk without a capacity remuneration mechanism, following a jump in carbon emissions costs.. . .  Full story

U.S. dependence on China's rare earth: Trade war vulnerability

19/06 Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.. . .  Full story

Deutsche Bank seeks to shed risky assets as part of overhaul - sources

19/06 Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender is. . .  Full story

Can European steel forge a strategy to withstand U.S. tariffs?

19/06 Steelmakers in Europe have been hit by falling demand and rising supply as auto-sector consumption has fallen and U.S. steel tariffs have disrupted shipments.. . .  Full story

Barclays names Gruber as chemicals head for Europe and Middle East - source

19/06 Barclays has named Gabriel Gruber as the new head of its chemicals banking team for Europe and the Middle East as it seeks to win more business after advising the likes of Evonik on. . .  Full story

-Britain's Clydesdale bank commits to Virgin Money rebrand, more cost cutting

19/06 Clydesdale and Yorkshire Banking Group has laid out plans to challenge Britain's big banks, betting that a re-brand as Virgin Money and growth in business banking will help it shake up the market.. . .  Full story

Nearly 300,000 Hargreaves Lansdown clients exposed to Woodford fund

19/06 British investment platform Hargreaves Lansdown said nearly a quarter of its clients are exposed to Neil Woodford's suspended fund, piling further pressure on the company for heavily backing the fund since it was launched.. . .  Full story

United States aims to reshape the critical minerals world: Andy Home

19/06 The United States has laid out its strategy to rebuild collapsed domestic supply chains for metals and minerals deemed "critical" to its defence and manufacturing sectors.. . .  Full story

AustralianSuper eyes overseas infrastructure, property, private debt - CIO

19/06 Australia's largest pension scheme, AustralianSuper, plans to increase the portion of its portfolio invested in unlisted assets to around 30% from 20% over the next three years, its investment chief told Reuters.. . .  Full story

Draghi may just have tied hands of successor

19/06 Mario Draghi is seeing out the final weeks of his tenure in charge of the European Central Bank, but his overt hint of more stimulus to come could mean his influence is felt on. . .  Full story

Britain says Russia must cooperate fully with MH17 prosecution

19/06 Britain said Russia must cooperate fully with the murder prosecution of three Russians and a Ukrainian for downing Malaysia Airlines flight MH17 over eastern Ukraine in July 2014, killing 298 people including 10 Britons.. . .  Full story

New chairman pledges to 'clean' scandal-hit Swedbank

19/06 Swedbank shareholders elected Goran Persson as chairman on Wednesday, with the former Swedish Prime Minister pledging to "clean the house" after a money-laundering scandal.. . .  Full story

Italy says will respect EU budget rules but fight to change them

19/06 Italy will respect European Union fiscal rules but will fight to change them to allow more public investment and stronger growth, Prime Minister Giuseppe Conte said on Wednesday, as Rome struggles to avoid EU. . .  Full story

India's HDFC to buy Apollo Munich Health Insurance

19/06 Housing Development Finance Corp Ltd (HDFC) on Wednesday said it will buy a 51.2% stake in Apollo Hospital Group's joint venture, Apollo Munich Health Insurance Company for 13.47 billion rupees ($193.40 million).. . .  Full story

ECB's Weidmann appears to drop opposition to OMT amid race to succeed Draghi

19/06 European Central Bank policymaker Jens Weidmann appeared to drop his opposition on Wednesday to an ECB programme of government bond purchases announced during the euro zone debt crisis, as he sought to improve his position. . .  Full story

French spirits sales hit by "yellow vest" protests last year

19/06 Sales of spirits in France fell last year, hurt by "yellow vest" anti-government protests that were at their peak during the end of the year period that accounts for a bulk of sales, French. . .  Full story

Britain's Tesco says no timetable for 'finest' store launch

19/06 Tesco, Britain's biggest retailer, said it is considering a trial of an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when or where a pilot will be launched.. . .  Full story

Watchdogs seek "demonstrable progress" from Lloyd's of London on harassment-BoE

19/06 Britain's financial regulators are looking for "demonstrable progress" in the way the Lloyd's of London commercial insurance market deals with harassment, a Bank of England official said on Wednesday.. . .  Full story

UK factory orders slide in June as Brexit uncertainty weighs -CBI

19/06 British factory orders slid in June against a backdrop of Brexit uncertainty, and manufacturing output in the second quarter looks on course for its weakest performance in three years, the Confederation of British Industry said. . .  Full story

Spain's Bankia expects 2019 core profit growth on stable loan book

19/06 Spain's state-owned Bankia said on Wednesday it expects significant core profit growth this year, as it stuck to a net profit target of 1.3 billion euros ($1.46 billion) for 2020 despite ultra-low interest rates.. . .  Full story

Electric planes start small as industry wrestles with emissions

19/06 An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programmes being touted at the Paris Airshow, as the industry tries to convince a sceptical public it can deliver on a. . .  Full story

German conservative criticises Draghi's "alarming" policy comments

19/06 A senior lawmaker from Chancellor Angela Merkel's conservative bloc on Wednesday accused ECB President Mario Draghi of sending an "alarming" signal about future euro zone monetary policy, essentially tying his successor's hands.. . .  Full story

Wizz Air CEO looks to connect the dots with new long-range A321s

19/06 Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline's Chief Executive Jozsef Varadi said. . .  Full story

Eurofighter, NATO launch studies on long-term evolution of fighter

19/06 The countries and companies behind Europe's Eurofighter Typhoon fighter jet have agreed to spend 53.7 million euros ($60.2 million) to study the long-term evolution of the advanced fighter jet and its engine, they said on. . .  Full story

Britain's Lloyds Bank boss defends pension perks

19/06 Lloyds Banking Group Chief Executive Antonio Horta-Osorio on Wednesday told lawmakers his pension and pay are in line with the market rate, amid widening scrutiny of the gap between bosses' and ordinary workers' pensions in. . .  Full story

Voestalpine wins 10-year contract with engine maker Rolls-Royce

19/06 Specialty steelmaker Voestalpine on Wednesday said it had agreed a 10-year deal to supply Rolls-Royce with materials for use in engine disks, landing its biggest contract so far in the engine segment.. . .  Full story

Polish bank to fire up to half of its staff

19/06 Polish mid-tier lender Idea Bank SA plans to cut its workforce by half this year to cut costs and boost profits, it said on Wednesday.. . .  Full story

Seismic surveyor PGS calls off debt refinancing, shares plunge

19/06 PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment towards the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.. . .  Full story

Boeing signs $100 mln in services deals at order-light air show

19/06 Boeing Co seized on a lull in firm orders for passenger jets to sign more than $100 million in contracts for digital services for its newer but fast-growing global unit as the Paris Airshow. . .  Full story

UK inflation falls to Bank of England target, underlying pressure weak

19/06 Britain's inflation rate cooled in May and cost pressures in factories fell to a three-year low, according to data that might reassure the Bank of England there is no urgency to pursue its stated. . .  Full story

China c.bank to strengthen anti-money laundering cooperation overseas

19/06 China's central bank said on Wednesday it would strengthen cooperation with countries including European nations to curb cross-border money laundering activities.. . .  Full story

Slowing business demand hits Whitbread's Premier Inn

19/06 Britain's Whitbread Plc, focused on the hotel business after the sale of its Costa Coffee chain, reported lower room revenue over the past three months as companies cut back on business travel.. . .  Full story

Saga shares hit low as over-50 Britons trim tour bookings

19/06 Britain's Saga warned on Wednesday that discounting was taking a heavy toll on its tours business, while an overhaul of its insurance arm has yet to take effect, sending shares in the company catering. . .  Full story

Modernising Lloyd's of London a challenge - chairman

19/06 Modernising Lloyd's of London will be a challenge, its chairman Bruce Carnegie-Brown said in New York late on Tuesday, as the 330-year old insurance market prepares to switch business to two automated exchanges.. . .  Full story

Emissions need to be halved to avoid 3C warming -scientists

19/06 Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to reach double that by the end of the century even if countries' current plans. . .  Full story

FOCUS-From gas in Russia to China-bound plastics, Austria's OMV shifts focus for growth

19/06 After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group. . .  Full story

Indigo Partners to acquire 50 A321XLR jets from Airbus

19/06 Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, agreed on Wednesday to acquire 50 of the new long-range version of Airbus' A321neo jet.. . .  Full story

Cleaning Polish pipeline system to take 5-6 months -minister

19/06 Cleaning the Polish pipeline and storage system from tainted Russian oil will take five to six months, Poland's minister responsible for energy infrastructure said on Wednesday.. . .  Full story

Shares in UK housebuilder Berkeley boosted after beats forecasts

19/06 Shares in British builder Berkeley Group Plc got a boost on Wednesday when annual profit fell less than forecast, reinforcing confidence in its ability to ride out a sluggish housing market.. . .  Full story

Shell sees more opportunities for floating LNG after Prelude delays

19/06 Royal Dutch Shell sees more opportunities for floating liquefied natural gas projects, but not necessarily like its $17 billion Prelude operation off Australia, which shipped its first cargo last week, over two years behind schedule.. . .  Full story

Former EU lawmaker to chair KPMG's regulation unit

19/06 Kay Swinburne, a former British centre-right member of the European Parliament, will chair KPMG's UK risk and regulatory insight centre, the accounting and consultancy company said on Wednesday.. . .  Full story

Anadarko approves $20 bln LNG export project in Mozambique

19/06 U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project. . .  Full story

Britain's Mulberry hurt by House of Fraser collapse

19/06 British luxury bag maker Mulberry swung to an annual loss as it took a 3 million pound ($3.77 million) hit from the collapse of department stores group House of Fraser, adding to general weakness. . .  Full story

SKF to build new factory in Xinchang, invest in automation in Bari

19/06 Bearings maker SKF said it plans to spend around 450 million Swedish crowns ($47 million) in its deep groove ball bearing (DGBB) manufacturing and would take 140 million in restructuring costs due to an automation. . .  Full story

Blackstone chief donates $188 mln to Oxford University

19/06 The head of private equity firm Blackstone has pledged 150 million pounds ($188.37 million) to Oxford University, the biggest single donation in its history, to fund a centre for humanities that would also house an. . .  Full story

E.Timor's state oil company sees Greater Sunrise producing gas around 2026

19/06 East Timor's national oil company aims to reach a final investment decision on developing the Greater Sunrise natural gas field by 2022 and start producing around four years later, its chief executive said on Wednesday.. . .  Full story

Dutch economic growth weakened by U.S. trade policies - govt adviser

19/06 Economic growth in the Netherlands will slow to 1.5% in 2020, as exports and investments are hit by U.S. trade policies, national forecasting agency CPB said on Wednesday.. . .  Full story

Euroclear to press ahead with blockchain pilot for commercial paper

19/06 Securities house Euroclear said on Wednesday it would push ahead with building a pilot blockchain-based platform for issuing and settling commercial paper transactions used by companies to grease the wheels of the economy.. . .  Full story

Nissan considers seats for Renault chairman, CEO in new committees - Nikkei

19/06 Nissan Motor Co Ltd plans to give seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.. . .  Full story

Canada approves contentious oil pipeline expansion, expects legal challenges

19/06 Canada on Tuesday approved as expected a hotly contested proposal to expand the western Canadian crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.. . .  Full story

Air strike hits warehouse co-owned by Italy's ENI in Libya

19/06 A storehouse belonging to Libya's Mellitah Oil & Gas, a joint-venture between the National Oil Corporation (NOC) and Italy's ENI, was damaged in an air strike on Tuesday, wounding three workers, the state oil firm. . .  Full story

Spain's Repsol cuts 30% of Canadian staff in global restructuring

19/06 Spanish energy company Repsol SA is cutting about 30% of its Canadian workforce as part of global restructuring, the company said in an emailed statement on Tuesday.. . .  Full story

Nissan considers seats for top 2 Renault execs in new committees - Nikkei

18/06 Nissan Motor Co has plans to give multiple seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.. . .  Full story

Canada approves expansion of crude oil pipeline, says legal challenges likely

18/06 Canada as expected on Tuesday approved a hotly contested proposal to expand the crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.. . .  Full story

(OFFICIAL)-EXCLUSIVE-Spain's Repsol cutting Canadian staff by about 30% after global restructuring

18/06 Spanish oil company Repsol SA is cutting about 30% of its Canadian workforce, following a global restructuring process, the company confirmed in an emailed statement on Tuesday.. . .  Full story

Morocco’s Managem increases stake in Guinea’s Tri-K gold project to 85%

18/06 Morocco’s leading mining firm Managem said on Tuesday it increased its stake in the Tri-K gold project in eastern Guinea Conakry to 85% after acquiring a 30% stake held by its partner Avocet Mining for. . .  Full story

Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension

18/06 Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were resuming trade talks ahead of a meeting at the G20 summit later this month, spurring. . .  Full story

Left in the dark, ECB policymakers divided on stimulus options

18/06 European Central Bank policymakers were divided on Tuesday, with some feeling powerless, after President Mario Draghi hinted at new stimulus measures that had yet to be discussed by the ECB's Governing Council.. . .  Full story

Barrick CEO believes Acacia offer is fair after extending bid deadline

18/06 Barrick Gold Corp, the world's No. 2 gold miner, believes its proposed offer to take full control of its African unit is "more than fair" and will engage with Acacia Mining Plc's board and. . .  Full story

French utility EDF launches new retail offer to fend off rivals

18/06 State-controlled utility EDF plans to sign up one million clients to its market-based retail offer in the French electricity market as it steps up the fight back against rivals such as Total, Engie and Eni.. . .  Full story

Boost for Boeing as BA owner backs grounded jet with 200-plane order

18/06 Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been. . .  Full story

McConnell would prefer confirmed defense secretary given Iran tensions

18/06 U.S. Senate Republican leader Mitch McConnell said on Tuesday it would be better to have a Senate-confirmed defense secretary than someone serving in just an acting capacity given tensions between the United States and Iran.. . .  Full story

Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore

18/06 Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations (VRDO),. . .  Full story

Arabica coffee falls to new three-week low, raw sugar slips

18/06 Arabica coffee futures on ICE fell on Tuesday to a fresh three-week low, as the market came under selling pressure ahead of front-month contract expiry, while raw sugar prices slipped and cocoa inched up.. . .  Full story

French carbon emissions fell 4.2% year-on-year in 2018

18/06 Carbon dioxide emissions in France fell by 4.2% in 2018 compared with the previous year due to a drop in emissions from the transport sector, a mild winter, and abundant supply of French nuclear. . .  Full story

Pompeo: U.S. President Trump does not want war with Iran

18/06 The United States will maintain its pressure campaign on Iran and continue to deter aggression in the region but does not want the conflict with Tehran to escalate, Secretary of State Mike Pompeo said. . .  Full story

Ireland to bring in laws to make bankers accountable

18/06 Ireland will introduce laws from next year to make senior bankers directly accountable for failings at institutions, including fines and regulatory findings against individuals, Finance Minister Paschal Donohoe said on Tuesday.. . .  Full story