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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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Can Turkey Crawl Back from the Economic Brink?

Hizir Albayrak began work in a tiny children's store in the Istanbul bazaar 25 years ago, in the same year that future president Recep Tayyip Erdogan took over as mayor of the city.

Today, Hizir oversees a seven-floor shopping mall in the busy Eminonu area, weaving energetically among the latest prams, toys and babywear -- one of many success stories from Turkey's astonishing economic transformation in the past quarter-century.

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UK Shares List in China in First for Foreign Firms

Britain and China began selling shares in each others' companies Monday under a landmark deal, Britain's Treasury announced, as London looks to remain a leading financial centre post-Brexit.

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Safety and Pollution Top of the Agenda as Paris Air Show Opens

Aviation executives descended on the Paris Air Show on Monday with pledges to improve transparency over plane safety in the wake of the Boeing 737 MAX crisis and to reduce emissions.

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Wife of Ex-Nissan Boss Ghosn Seeks Trump Help

The wife of ex-Nissan chief Carlos Ghosn on Monday reached out to US President Donald Trump, asking him to press Japan at upcoming talks about "fair trial conditions".

Carlos Ghosn is awaiting trial in Japan over charges of under-reporting his salary for years while at Nissan and using company funds for personal expenses. The 65-year-old denies the accusations.

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