On Saturday, Trump said he would impose additional sanctions against Iran in a bid to prevent the country obtaining nuclear weapons.World Politicsread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
Tensions between the U.S. and Iran will likely escalate in the near future, a former adviser to the Iranian government said on Monday.Energyread more
Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Eldorado Resorts has agreed to merge with Caesars Entertainment in a cash and stock deal that values its peer at about $17.3 billion including debt.Casinos and Gamingread more
A decisive win for Turkey's main opposition party in a re-run of a mayoral election in Istanbul this weekend has prompted hopes for economic and political change.Europe Politicsread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Ekrem Imamoglu of the Republican People's Party beat President Tayyip Erdogan's handpicked candidate by almost 800,000 votes.World Politicsread more
Crude traded near three week highs on Wednesday, with both Brent and U.S. crude supported by a draw on stocks in the United States and the deteriorating situation in Ukraine.
U.S. crude stocks rose overall last week but fell by 592,000 barrels at the storage hub in Cushing, Oklahoma, the delivery point of the U.S. oil futures contract, data from the Energy Information Administration showed. Gasoline and distillate inventories fell as refineries cut output.
Brent crude for June delivery was up about $1 above $110 a barrel, after closing up 83 cents. The June contract expires on Thursday. U.S. oil settled up 67 cents at $102.37 a barrel, its highest since late April, after finishing $1.11 higher in the previous session.
The EIA data also showed domestic crude oil production hit 8.43 million barrels per day (bpd) last week, the highest level since October 1986. Meanwhile, crude oil inventories in the Gulf Coast region hit a record high of 215.7 million barrels after they rose 2.3 million barrels in the week to May 9.
Kiev's interim leaders proposed a plan to allow regions a greater say in government one day after the deadliest attack on Ukraine's security forces yet in which seven soldiers died near the city of Kramatorsk.
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