The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
The U.S. Air Force's top general says he hasn't received direction to send additional bombers to the Middle East after what is believed to be Iranian attacks on Saudi Arabian...Defenseread more
GENEVA, July 11 (Reuters) - If European countries do not meet their commitments under a nuclear deal then Iran will "strongly" take more steps to reduce its own obligations, a senior Iranian parliamentarian said on Thursday, according to the semi-official Fars news agency.
U.S. President Donald Trump withdrew from the 2015 deal last year and reimposed sanctions to pressure Iran to negotiate further on its nuclear program as well as on its ballistic missiles and regional policy.
Iran threatened on Monday to restart deactivated centrifuges and ramp up uranium enrichment to 20% purity, a move that would go far beyond the small steps Iran has taken in the past week to nudge stocks of fissile material just beyond limits in the pact.
"In the event that Europe does not act on its commitments during the 60-day time span which we are currently in, Iran will take the third step strongly, Mojtaba Zolnour, the chairman of parliament's National Security and Foreign Policy commission, said, according to Fars.
Installing new centrifuges are possible steps, Zolnour said.
Separately, Foreign Minister Mohammad Javad Zarif said on Thursday there would be no negotiations with the United States as long as sanctions are in place.
"We never left the negotiating table (the Americans) decided to leave the negotiating table and now they make a false claim in order to deceive that they are ready for negotiations," Zarif said, according to the IRIB news agency. "We will not negotiate with those who are taking part in economic terrorism against our people. They must stop this." (Reporting By Babak Dehghanpisheh, Editing by William Maclean)