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EU Brexit Negotiator Says British Proposal on Ireland 'Worries Me'

The EU's chief Brexit negotiator said Thursday he is ready to step up the pace of talks with Britain as he voiced concern about progress and London's proposal for the border with Ireland.

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Nokia Announces Nearly 600 Job Cuts in France

Finnish telecoms giant Nokia said Thursday it planned to cut around 600 jobs in France as it seeks to make cost-savings and refocus its loss-making businesses.

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European Stock Markets Rise at Open, Before ECB

Europe's main stock markets climbed at the start of trading on Thursday awaiting the ECB's regular policy meeting.

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UK Offshore Oil, Gas Sector Urges 'Clarity' on Brexit

Britain must provide "clarity" over its Brexit strategy in order to stimulate jobs and investment in the offshore oil and gas sector, industry body Oil & Gas UK urged on Wednesday.

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Brazil Inflation Continues to Simmer Down

Brazilian prices notched up only slightly in August, leaving the annual inflation rate of 2.46 percent the lowest for 18 years, the government statistics office said Wednesday.

Latin America's biggest economy is inching out of its deepest recession in history and steadily falling inflation is allowing the central bank to slash the previously sky high basic interest rate, with a new cut expected when the bank meets later Wednesday.

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Australia Economy Strengthens after Weak Start to Year

Australia's economy has shrugged off a sluggish start to the year, boosted by government and consumer spending with the nation extending its record run of growth, official data showed Wednesday.

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Former Senior U.S. Treasury Official Joining SGBL Team

Former U.S. Department of the Treasury Assistant Secretary for Terrorism Finance Daniel Glaser – one of the world’s leading authorities on anti-money laundering and counter-terrorist financing – to be Senior Advisor to SGBL Chairman Antoun Sehnaoui, an SGBL press release stated.

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Class Action Against Australia's Biggest Bank Gets Funder Backing

A global litigation funder on Tuesday said it would back a shareholder class action against Australia's biggest bank over alleged breaches of anti-money laundering laws.

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Debt, Sanctions and Disrepair: Venezuela's Oil Sector in Agony

After decades of being Venezuela's cash cow, the state oil company PDVSA is a ragged shadow of its former self: overburdened, underfed, and in hock to Russian and Chinese creditors.

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Asian Markets, Won Sink after N.Korea's Latest Nuclear Test

Asian and European stocks tumbled along with the South Korean won Monday while the safe-haven yen rallied on news that North Korea had tested what it claimed was a hydrogen bomb, ramping up international tensions.

Less than a week after it rattled global markets by firing a rocket over Japan, Pyongyang on Sunday conducted its sixth nuclear test -- sparking further condemnation and a warning from US Defense Secretary Jim Mattis of a "massive military response" if the US or its allies were attacked.

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