Economic News
World Cup preview: France v Argentina, Uruguay v Portugal
After a group stage of VAR madness, calamitous goalkeeping and distraught Germans, the knockout stages are finally upon us, with Saturday serving up two mouth-watering matches.
With US set to reimpose sanctions, EU cuts Iranian oil imports
European refiners, worried about the US sanctions on Iran which are set to be more severe than those imposed in 2012, are cutting their imports of Iranian oil.
'Win-win-win': IEA says legalising cannabis in UK would raise £1bn
Legalisation of cannabis would raise £1bn a year for the UK according to a report from a leading thinktank, which valued the UK's black market in the drug at £2. 6bn.
US consumer sentiment hit by concerns about impact of tariffs
US consumer sentiment improved less than initially estimated in June amid concerns about the impact of a trade war, according to a final reading from the University of Michigan.
Chicago PMI hits highest level since January
Economic activity in the Chicago area unexpectedly improved in June, according to figures released on Friday.
EU leaders agree on outline of immigration deal
EU leaders have managed to agree on an outline of an immigration deal after a 10 hour session of talks.
EU leaders call for more urgency in Brexit talks
The European Union has warned of the continuing possibility of a no-deal Brexit after a meeting between the bloc's leaders in Brussels highlighted the "serious divergence" with Britain.
Trump dreams of WTO exit, but Mnuchin denies it
President Donald Trump has repeatedly insisted to his staff that he wants the US to withdraw from the World Trade Organisation, according to to reports that were later denied.
Deutsche Bank fails Fed's annual stress test
The Federal Reserve concluded its annual stress tests this week and has confirmed that Deutsche Bank would not overcome a new financial crisis, while also blocking Goldman Sachs, Morgan Stanley and JP Morgan Chase from increasing dividends and stock buybacks this year.
Tobacco companies lose WTO ruling on plain packaging
Australia has won a landmark World Trade Organisation ruling to require cigarettes to be sold in plain packs without any striking logos or fonts, which could bring a new wave of tobacco restrictions around the world.
UK first-quarter GDP revised higher by ONS
UK economic growth in the first-quarter has been revealed as stronger than first expected, a final reading from the Office for National Statistics showed on Friday.
UK consumer confidence drops in June - GfK
Consumer confidence in the UK fell in June as Britons grew increasingly gloomy about the economy, according to a widely-followed survey.
UK mortgage approvals rise to four-month high in May
UK mortgage approvals rose to a four-month high in May, according to figures released by the Bank of England on Friday.