Shipping Industry May Create the Very First Global Carbon Levy
At a March meeting of the UN International Maritime Organisation (IMO) in London, a majority of member states expressed support…
U.S. Coast Guard Calls Off Search for Missing Fishermen off Port Lavaca
On Sunday, the U.S. Coast Guard suspended a search for a missing man and his son off the coast of…
As 80th Anniversary of D-Day Approaches, Royal Navy Honors the Fallen
The crew of Britain’s newest frigate followed in the footsteps of their D-Day forebearers by visiting the sites where HMS…
Panetta says several ECB cuts would still leave policy restrictive
The European Central Bank is set to ease monetary policy over coming months if data confirms its forecasts, and even…
US says it could act against China firms, banks over Russian war support
The United States and other nations could take steps against Chinese firms and financial institutions over Beijing’s backing for the…
Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report…
China’s new home prices inch up for 9th month in May, survey shows
New home prices in China rose slightly for a ninth month in May, a private survey showed, driven higher by…
ECB’s Centeno says May inflation uptick still allows to cut rates
An acceleration in inflation in the euro zone in May exceeded forecasts by 0.1 percentage points, which is not a…
S&P cuts France’s credit rating on deficit overshoot
Standard & Poor’s cut its rating on France’s sovereign debt on Friday, delivering a painful rebuke of the government’s handling…
South Korea exports rise for eighth month, growth slows slightly
South Korea’s exports rose for an eighth straight month in May, led by robust chip sales though overall growth in…