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Oil Prices Jump as Trump Cracks Down on Iranian Exports

Oil prices jumped to near six-month highs on Monday as the Trump administration cracked down on Iranian oil exports, announcing it would no longer grant waivers from US sanctions.

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Ghosn Hit with Fresh Charge in Japan

Japanese authorities on Monday hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the auto sector tycoon.

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Ghosn to Be Indicted on Fresh Charge

Tokyo prosecutors will indict former Nissan chief Carlos Ghosn on a new charge on Monday when his detention period over suspected financial misconduct expires, local media reported Friday.

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UK Annual Inflation Stable at 1.9%

British annual inflation was unchanged in March, official data showed Wednesday, easing the pressure on the Bank of England to hike rates amid ongoing uncertainty over Brexit.

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G-20 Chiefs: World Economic Growth to Revive Later this Year

The global economy is likely to pull out of a brief growth slump later this year — with a little help from the world's central banks and from U.S. and Chinese trade negotiators.

Global finance leaders gathered from the spring meetings of the International Monetary Fund and the World Bank agree that the global economy has lost momentum this year. But they expect growth to pick up in the second half of 2019, as central bankers ease up on interest rates.

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Japan Court Says Carlos Ghosn Detention Extended until April 22

A Japanese court on Friday ruled that Carlos Ghosn will remain in detention until April 22, as prosecutors grill the former Nissan boss over allegations of financial misconduct.

The 65-year-old will be held in custody at a detention centre in Tokyo until then, whereupon authorities will either have to press formal charges, release him or re-arrest him if they feel he has other accusations to answer.

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France to Vote against Start of EU-U.S. Trade Talks

France will vote against the start of trade talks between the European Union and the United States, the French presidency said Thursday, despite EU members agreeing in principle to begin the discussions.

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EU Countries Approve Launch of U.S. Trade Talks

EU member states gave the green light on Thursday for Brussels to open trade talks with Washington, diplomatic sources said, ending months of stalemate due to opposition from France.

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German Police Make Nationwide Raids over Tax Fraud

German prosecutors confirmed Thursday they raided 19 separate locations across the country as part of a massive investigation into so-called "cum-ex" tax fraud.

Frankfurt's public prosecutors office said 181 investigators and tax officials raided 19 offices and private homes located across the states of Hessen, Lower Saxony, Baden-Wuerttemberg and Bavaria on Tuesday, in an operation relating to three separate cases.

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Saudi Oil Cuts Deeper than Promised

Saudi Arabia has slashed its oil production by more than promised as part of a pact to boost oil prices, the International Energy Agency said Thursday, while warning of mixed signals for global demand.

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