U.S. trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday.

ECB chief Mario Draghi gave a gloomy assessment of the eurozone economic outlook as the bank slashed growth forecasts for 2019 and 2020, saying that a "more protracted weakness" of the single currency area is expected ahead.

U.S. President Donald Trump attacked the Federal Reserve again Thursday for not "acting quickly" like its European counterpart to provide stimulus to the U.S. economy.

OPEC kingpin Saudi Arabia on Thursday led calls for oil producers to comply with output cuts aimed at stabilising a slumping oil market, as a gloomy new forecast blamed US-China trade tensions for depressed demand.

The OPEC oil cartel urged continued production restraint Wednesday, saying output gains are still expected to outpace growth in demand for oil.

China announced Wednesday it would exempt 16 categories of products from US tariffs, ahead of a fresh round of trade talks next month.

British unemployment has hit a 45-year low, official data showed Tuesday, but the economy still risks falling into a deep recession due to the turmoil created by Brexit.

A top executive at the World Bank, Kristalina Georgieva of Bulgaria, now faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced Monday.

Saudi Arabia's new energy minister Prince Abdulaziz bin Salman on Monday reportedly endorsed curbing oil output to address an oversupply, as major producing nations prepare to deliberate fresh cuts.

British Airways said Monday it has been forced to cancel almost all its flights from UK airports on the first day of a strike by pilots.