International Economic
IEA urges halt to fossil fuel investments to meet emissions targets
The International Energy Agency said on Tuesday that investment in fossil fuels must stop immediately in order to develop an energy sector with net-zero emissions by 2050.
EU proposes unified tax rules for companies
The European Union's executive arm on Tuesday adopted a plan to unify company taxation across its 27 member states.
US says China refuses bilateral talks on nuclear weapons
China is resisting bilateral talks with the United States on nuclear weapons, the US disarmament ambassador told a UN conference on Tuesday.
US housing starts drop in April, contrary to 'raging housing boom' narrative
US homebuilders broke ground on far fewer new homes than expected last month.
French government leads bail-out of Eurostar operator
Cross-channel passenger train operator Eurostar International has been bailed out, it was revealed on Tuesday, after the French government led a consortium of banks and shareholders in securing a £250m refinancing package for the company.
Home Depot posts stronger-than-expected Q1 sales and profits
Shares of Home Depot were advancing before the opening bell in New York after the company blew the doors off Street estimates for its first quarter.
Euro area trade surplus in goods narrows sharply in March
The Eurozone's foreign trade surplus in goods with the rest of the world narrowed significantly in March, amid a jump in imports.
Australian court rules Deliveroo subjected worker to 'harsh, unjust and unreasonable' treatment
Australia’s Fair Work Commission ruled on Tuesday that a Deliveroo rider who was unfairly dismissed was an employee and not a contractor.