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Turkey to Send New Ship to Search for Gas off Cyprus as Tensions Mount

Turkey is set to send a new ship on Thursday to search for oil and gas off Cyprus, in a move expected to escalate tensions after the EU called on Ankara to stop its "illegal drilling activities".

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Adidas Loses EU Court Battle over 'Three Stripe' Design

German sportswear giant Adidas on Wednesday lost a legal battle to trademark its "three stripe" motif in the EU, as a court ruled the design was not distinctive enough to deserve protection.

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A Slow Road to Recovery for Eastern Ghouta Farms

Outside the Syrian capital, Radwan Hazaa is preparing to plant hundreds of pomegranate seeds on his land in Eastern Ghouta, hoping to replace some 3,000 trees lost in years of war.

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In China's Chongqing, High-Rises Buck Property Slowdown

In many Chinese cities, government restrictions have cooled formerly feverish property markets, but in the southwestern city of Chongqing, construction is booming and sales soaring as investors rush in.

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OPEC to Meet July 1 and 2 after Several Postponements

Major oil-producing countries meet in Vienna on July 1 and 2, the OPEC website and a delegate said Wednesday, after the biannual gathering had been postponed several times.

Oil producers led by Saudi Arabia are expected to decide whether to extend production cuts, with investors welcoming the news that a date has been set.

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UK Inflation Dips to Bank of England Target

British annual inflation has dipped to the Bank of England's 2.0 target rate, official data showed Wednesday, further cementing expectations that the BoE will maintain low UK interest rates.

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Boeing's Troubled 737 MAX Gets Huge Vote of Confidence from IAG

U.S. aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group, owner of British Airways, said it wanted to buy 200 of the planes.

The companies said they had signed a letter of intent for the purchase, the first since the 737 MAXs were grounded in March after two of them crashed within six months of each other, killing 346 people.

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'Super Mario' Boosts European Equities

Europe's stock markets surged Tuesday after European Central Bank chief Mario Draghi hinted at further eurozone interest rate cuts, on the eve of a key U.S. monetary policy decision.

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Trump Cries Currency Manipulation over ECB Talk of Rate Cuts

European Central Bank chief Mario Draghi sparked anger from U.S. President Donald Trump on Tuesday, when his hint at future interest rate cuts lifted eurozone markets and pushed the euro down against the dollar.

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How Cryptocurrencies Can Replace Other Pay Options

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.

The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted money that lives essentially on smartphones.

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