Dovish Draghi looking increasingly isolated amid calls to ‘taper’ stimulus

His words, intended to temper expectations of any policy move by the central bank in June, weighed on the euro and seen European bond yields tick higher. The common currency earlier on Tuesday hit a more than one-week low of $1.111 against the dollar, although has...

Hearings open in Navalny vs. Usmanov defamation case

A judge in the defamation case between Russian opposition leader Alexei Navalny and multi-billionaire Alisher Usmanov on Tuesday struck down motions to summon Russia’s prime minister to testify on his alleged wealth — the key issue in the case. Usmanov,...

European markets open lower as political concerns weigh

Investors in Europe are keeping a close eye on the political sphere as concerns over a Greek bailout and when Italy will undergo its next election weigh on sentiment. The euro was under pressure after ECB President Mario Draghi signaled that it is still too early to...

In pictures: Donald Trump’s first trip abroad as US president

On May 20, Donald Trump arrived in Saudi Arabia – the first destination on his tour overseas. The trip saw the U.S. president meet with King Salman, the Crown Prince, and the Deputy Crown Prince of Saudi Arabia, along with the Egyptian President. Trump worked on...

Trump’s views on climate change ‘evolving,’ White House adviser says

President Donald Trump’s views on climate change are evolving after discussions with Group of Seven allies, but in the end he will put U.S. interests first, White House economic adviser Gary Cohn said on Friday. “I think his views are evolving. He came...