European Union

The European Union on Friday removed the British overseas territory of Bermuda, the Dutch Caribbean Island of Aruba and Barbados from the bloc’s blacklist of tax havens. The three islands were added to the list in March as they had…

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion Euros (1.2 billion dollars) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market. The financial…

Senior members from Britain’s ruling Conservative party will deliver Prime Minister Theresa May an ultimatum on Thursday, demanding she name a date to step down or face a new confidence vote by the party’s lawmakers. May, who is…

Iran has officially stopped some commitments under a 2015 nuclear deal with world powers, following an order from its national security council, the ISNA news agency reported on Wednesday. Recently, Iran notified China, France,…

The European Union was wrong to stay silent in 2016 during the campaign ahead of British referendum on membership in the bloc, Head of European Commission, Jean-Claude Juncker, has said. Juncker, an EU Commissioner, told a news…

World stocks slipped below the six-month high they reached earlier this week as U.S. President Donald Trump threatened more tariffs against the European Union, though the prospect of European Central Bank largesse kept them from falling too…

No fewer  than 113 million people were affected in 2018 by very serious food shortages, including famine, a report by the European Union and two United Nations agencies said on Tuesday. “The worst situations were, in order of severity,…

The Bank of England said on Tuesday it would continue until the end of June with weekly sterling money market operations that were designed to ensure smooth market conditions when Britain left the European Union. Britain had been due…

British companies have scaled back sharply their hiring and investment plans amid the growing turmoil around Britain’s exit from the European Union, a survey showed on Wednesday. More firms were downbeat about the outlook for jobs and…

Brexit will have a “considerable’’ impact on Ireland with the potential loss of some 80,000 jobs, whether Britain leaves the European Union with or without an exit deal. The Irish government-backed economic report said on Tuesday.…