World Economy
World News
Russia’s push to increase oil production came independently of tweets by certain political leaders, the country’s oil minister said Saturday during the OPEC summit in Vienna.
We're getting to a point in the current political climate where any association with Russia or China is being viewed with suspicion, Alan Neuhauser writes in US News & World Report.
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Country analysts are calling it the closest contest in years, as new constitutional rules, a more united opposition and a growing desire for change challenge Erdogan's long-held popularity.
OPEC ministers announced a deal that will increase oil supplies after the producer group capped output for the last 18 months.
OPEC appeared to be on the brink of raising oil supply on Friday, as de-facto leader Saudi Arabia looked to have convinced arch-rival Iran to cooperate over production policy.
North and South Korea have agreed to hold temporary reunions of families divided by the 1950-53 Korean War in August.
The European Union fought back on Friday against the Trump administration's tariffs, slapping penalties on an array of American products that target the president's political base, the New York Times reported
Israeli Prime Minister Benjamin Netanyahu's wife Sara was charged with fraud and breach of trust involving alleged misuse of public funds to pay for hundreds of gourmet meals, USA Today reports.
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De-facto OPEC leader Saudi Arabia is pushing for the 14-member oil cartel to increase crude production by 1 million barrels per day (bpd) this week.
Oil-producing nations appeared to be on the brink of securing a landmark output agreement in Vienna on Thursday.
Ardern is one of the few elected leaders to hold office while pregnant.
CNBC talks to American veterans of the Korean War, whose intervention in the 1950s enabled South Korea to become a democratic and open country.
U.S. President Donald Trump will meet Queen Elizabeth during a visit to Britain next month
OPEC kingpin Saudi Arabia is struggling to convince some of the world's largest oil producers over the need to increase oil output ahead of a key meeting on Friday.
President Donald Trump's attempt to politicize the oil market should be castigated by OPEC, according to Iran's energy minister.
President Trump vowed to cut in half the number of refugees admitted to the US this year but a new study shows the actual number is much lower than that, the Financial Times reports.
Iranian Oil Minister Bijan Zanganeh said OPEC could leave Vienna without agreeing on a path forward for their 18-month-old deal to limit oil output.
OPEC heavyweights including Iran and Iraq have opposed such a move.
OPEC kingpin Saudi Arabia appears to have altered its approach to oil production in the wake of repeated Twitter attacks from President Donald Trump, RBC's Helima Croft told CNBC.
The offer from Abu Dhabi Capital Management (ADCM) is well below the $125 million offered by New York-based private equity firm Cerberus Capital Management.
World Economy
Economic forecaster Lakshman Achuthan sees evidence of a global slowdown in an unlikely place: demand for cow hides.
Global oil producers are already considering an oil output deal for 2019.
Russia’s push to increase oil production came independently of tweets by certain political leaders, the country’s oil minister said Saturday during the OPEC summit in Vienna.
World Markets
Stocks rose on Friday as investors tried to shake off jitters concerning trade tensions between the U.S. and China.
Europe finished Friday higher, as investors cheered on the rise in oil prices, rather than focusing on political turmoil.
Major Asian markets were mixed on Friday amid investor concerns about the trade dispute between Washington and Beijing.
Europe Economy
The euro zone has claimed victory early Friday in putting an end to nearly a decade of austerity in Greece.
The ongoing tensions over trade are the biggest economic risk to the euro zone, the IMF's managing director said
The Netherlands have opposed new plans from Germany and France to create a common euro zone budget.
Asia Economy
If tariffs by Trump result in falling Chinese exports to the U.S., there will be knock-on effects for the rest of Asia.
China's central bank lent 200 billion yuan ($31 billion) to financial institutions via its medium-term lending facility.
CNBC asked analysts what constitutes a trade war amid the latest escalation in U.S.-China trade tensions.
