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Yahoo News - Latest News & Headlines 
  • New government for Spain hinges on late deal by left rivals

    New government for Spain hinges on late deal by left rivalsSpain's caretaker prime minister acknowledged in his first appeal to parliament Monday to win its backing to form a government that he still lacks key votes to earn its endorsement. The parliamentary debate arrived after a frantic weekend of talks by Pedro Sánchez's Socialists with the far-left United We Can party to strike a last-minute deal to create a coalition government. "I propose a government that is progressive, that protects the environment, that furthers women's rights and that strengthens Europe," Sánchez told the Madrid-based Congress of Deputies, the lower house of parliament.


  • Court: Walesa must apologize to Poland's ruling party head

    Court: Walesa must apologize to Poland's ruling party headA Polish appeals court upheld a lower court's verdict in a slander case and ruled Monday that pro-democracy fighter and former president Lech Walesa must apologize to the leader of the country's right-wing ruling party. Law and Justice party leader Jaroslaw Kaczynski, Poland's most powerful politician, sued Walesa for blaming him on social media for the 2010 plane crash in Smolensk, Russia that killed President Lech Kaczynski, Kaczynski's twin brother, and 95 others. The Gdansk Provincial Court in December ruled Walesa had made "heavy accusations" without evidence to back them up and ordered him to apologize to Kaczynski on the radio, in a personal letter and other formats.


  • Congo health minister resigns in protest over government handling of Ebola response

    Congo health minister resigns in protest over government handling of Ebola responseD emocratic Republic of Congo's health minister, Oly Ilugna, resigned on Monday in protest at the presidency's announcement last week that it would take control of the response to the Ebola outbreak instead of his team. In a resignation letter posted on his Twitter account, Ilunga decried "interference in the management of the response" to the outbreak, which is the second deadliest in history, and the creation of parallel chains of authority.


  • Fire forces cancellations of high-speed trains in Italy

    Fire forces cancellations of high-speed trains in ItalyItaly's state railway says a suspected arson fire has forced the cancellation of at least 42 high-speed trains in Italy on the heavily-traveled Milan-Naples corridor. It said the fire occurred Monday morning near the Rovezzano station along the Rome-Florence line. Many regional trains were also delayed or canceled.


  • Firefighters battle wildfire in Portugal, 31 people hurt

    Firefighters battle wildfire in Portugal, 31 people hurtMore than 1,000 firefighters on Monday were battling a major wildfire amid scorching temperatures in Portugal, where forest blazes wreak destruction every summer. About 90% of the fire area in the Castelo Branco district, 200 kilometers (about 125 miles) northeast of the capital Lisbon, was brought under control during cooler overnight temperatures, according to local Civil Protection Agency commander Pedro Nunes. Nunes told reporters that the fire, in its third day, has injured 31 people.


  • UPDATE 1-Trump denies Iran arrested 17 people accused of being U.S. spies

    UPDATE 1-Trump denies Iran arrested 17 people accused of being U.S. spies"The Report of Iran capturing CIA spies is totally false. Just more lies and propaganda (like their shot down drone) put out by a Religious Regime that is Badly Failing and has no idea what to do," Trump wrote on Twitter. Iran announced the arrests in state media, saying the alleged spies had been captured in the 12 months to March 2019.


  • Summertime, and the living is easy for Santas in Copenhagen

    Summertime, and the living is easy for Santas in CopenhagenBeing Santa Claus is an all-year job if you ask the 150 Santas from around the world who have left Rudolph and the elves at home to make early Christmas preparations at their annual meet in Denmark. Santas from as far away as Japan and El Salvador are attending 62nd World Santa Claus Congress in Copenhagen, a four-day event where the Santas parade through the streets of Copenhagen, bathe in the sea and compete in a five-match tournament. The congress, first held in 1957, is always held at the world's oldest amusement park - Bakken just outside of Copenhagen.


  • 'Our hearts are heavy': Florida deputy killed in car crash while responding to domestic dispute

    'Our hearts are heavy': Florida deputy killed in car crash while responding to domestic disputeA Florida sheriff's department is mourning one of its deputies who was killed in car crash as he was responding to a domestic dispute, authorities said. The Broward sheriff's deputy was heading to the call around 3 a.m. Sunday when he collided with a pickup truck, according to the Broward Sheriff's Office. A second deputy who had been following in a separate car witnessed the crash and immediately called for help, officials said.


  • UPDATE 1-British politician Elphicke charged with sexual assault

    UPDATE 1-British politician Elphicke charged with sexual assault


  • Delaware police: Man shot wife, then self at nursing home

    Delaware police: Man shot wife, then self at nursing homeDelaware State police have confirmed they think a man killed his wife, then himself, in a shooting at a nursing home. Delaware State Police Master Corporal Melissa Jaffe said in a statement that investigators identified 82-year-old Louis M. Camerota as the shooter and his wife, 79-year-old Gail F. Camerota, as the victim at the ManorCare Health Services facility. Jaffe said Louis Camerota went to the Wilmington nursing home Saturday to visit his wife who was a resident there.


  • France's Hulot calls on parliament to vote against EU-Canada trade deal

    France's Hulot calls on parliament to vote against EU-Canada trade dealPopular former environment minister Nicolas Hulot on Monday urged the French parliament to vote against the EU-Canada trade deal in a last-minute bid to block the agreement. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) provisionally took effect from September 2017, but still needs to be approved by all 28 EU member states. Opponents of CETA say it will bring unfair competition to French farmers as Canada's environmental legislation is less strict than in France.


  • Summertime, and the living is easy for Santas in Copenhagen

    Summertime, and the living is easy for Santas in CopenhagenBeing Santa Claus is an all-year job if you ask the 150 Santas from around the world who have left Rudolph and the elves at home to make early Christmas preparations at their annual meet in Denmark. Santas from as far away as Japan and El Salvador are attending 62nd World Santa Claus Congress in Copenhagen, a four-day event where the Santas parade through the streets of Copenhagen, bathe in the sea and compete in a five-match tournament. The congress, first held in 1957, is always held at the world's oldest amusement park - Bakken just outside of Copenhagen.


  • UPDATE 1-Thousands fill streets of San Juan to demand Puerto Rico's governor resign

    UPDATE 1-Thousands fill streets of San Juan to demand Puerto Rico's governor resignThousands of people began pouring into the streets of San Juan on Monday morning in massive demonstrations to demand that Puerto Rico Governor Ricardo Rossello resign over offensive chat messages. Rossello's announcement on Sunday that he would not seek re-election next year and would resign as head of the New Progressive Party seemed to have little effect on the crowds, who called for him to immediately step down as governor. Rossello, 40, asked for forgiveness and said he respected the wishes of Puerto Ricans in a message broadcast online on Sunday.


  • 'Avengers' star Scarlett Johansson overjoyed she can finally reveal 'Black Widow' standalone film

    'Avengers' star Scarlett Johansson overjoyed she can finally reveal 'Black Widow' standalone filmScarlett Johansson has embodied the bravery and empowerment that her Marvel character Black Widow has shown on screen for almost a decade. Now, the Oscar-nominated actress can finally admit that she's getting her own standalone film in May.


  • UPDATE 1-Indian panel recommends cryptocurrency ban

    UPDATE 1-Indian panel recommends cryptocurrency banAn Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and heavy fines for anyone dealing in digital currencies, which could signal the end of them in India. The panel drew up a report and draft legislation, which will be examined by the government and regulators before they make a final decision, the government said in a statement on Monday. The panel has, however, asked the government to consider the launch of an official government-backed digital currency in India, to function like bank notes, through the Reserve Bank of India.


  • Philippines' Duterte defends China gambit in annual address

    Philippines' Duterte defends China gambit in annual addressPhilippine President Rodrigo Duterte launched a spirited defence of his relationship with China on Monday, insisting that his refusal to challenge its maritime assertiveness was not capitulation, but an avoidance of conflict. "If I send my new frigate, they will be decimated because there are already guided missiles on that island," he said, referring to a reef that China has turned into a de facto military installation. Duterte has drawn heavy scrutiny for his warm ties to a country deeply mistrusted by his U.S.-allied defence apparatus, with critics accusing him of gambling with national sovereignty in pursuit of massive investments that have not materialised.


  • Liz Weston: Is your wealth dripping away?

    Liz Weston: Is your wealth dripping away?As a spokesperson for the insurance industry, Loretta Worters often gives tips to homeowners on preventing water damage. "I went downstairs and I was up to my ankles in water," says Worters, vice president of communications for the Insurance Information Institute. Appliance and plumbing failures are a leading cause of household water damage, which is far more common than you may think.


  • British-Iranian aid worker moved back to jail from hospital ward - husband

    British-Iranian aid worker moved back to jail from hospital ward - husbandBritish-Iranian aid worker Nazanin Zaghari-Ratcliffe has been transferred back to an Iranian prison from a hospital psychiatric ward, her husband said on Monday. Zaghari-Ratcliffe, a project manager with the Thomson Reuters Foundation, had been moved to the psychiatric ward of Imam Khomeini hospital in the capital, the campaign group seeking to free her said last week. "Nazanin has been returned from psychiatric hospital, and is now back in Evin prison," her husband, Richard, said in a statement.


  • NYC mayor calls for probe as many wait for power in the heat

    NYC mayor calls for probe as many wait for power in the heatMayor Bill de Blasio called for an investigation Monday of power outages that came at the end of this weekend's oppressive heat, saying he no longer trusts utility Con Edison after it decided to turn off power to thousands of customers. Around 30,000 customers in Brooklyn were taken off power Sunday, so the utility could make repairs and prevent a bigger outage, de Blasio had said earlier. "Con Ed is very haughty about this," the mayor said.


  • Reuters US Domestic News Summary

    Reuters US Domestic News SummaryThe U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses. The Air Force previously had suspended fees at three Balfour Beatty bases. Now, it has halted such payments at all 21 company sites after new allegations of improper handling of maintenance records arose at another base in Idaho, Mountain Home Air Force Base, John Henderson, the Air Force assistant secretary for installations, said in a statement to Reuters late on Friday.


  • Reuters World News Summary

    Reuters World News SummaryIran announced on Monday it had captured 17 spies working for the U.S. Central Intelligence Agency (CIA) and sentenced some of them to death, deepening a crisis between the Islamic Republic and the West. Iranian state television published images that it said showed the CIA officers who had been in touch with the suspected spies. Israeli forces began demolishing Palestinian homes near a military barrier on the outskirts of Jerusalem on Monday, in the face of protests and international criticism.


  • Reuters Entertainment News Summary

    Reuters Entertainment News SummaryWalt Disney Co's Marvel Studios on Saturday unveiled a star-packed slate of superhero films for the next two years that includes Angelina Jolie in "The Eternals," Mahershala Ali in a remake of "Blade" and Natalie Portman as a female "Thor." The announcements at San Diego Comic-Con charts Marvel's course following mega-blockbuster "Avengers: Endgame," which Disney said was set to top 2009 film "Avatar" by Sunday as the highest-grossing movie of all time. Marvel Studios superhero movie "Avengers: Endgame" will claim the top of the global box office charts by Sunday, distributor Walt Disney Co said.


  • Reuters People News Summary

    Reuters People News SummarySwedish prosecutors on Friday extended American rapper A$AP Rocky's detention by six days amid their ongoing investigation into a street fight in Stockholm as U.S. President Donald Trump said he planned to call Sweden's prime minister about the case. A district court agreed to a request from prosecutors for more time for their investigation of alleged aggravated assault by the 30-year-old performer, producer and model, whose real name is Rakim Mayers. Britain's Prince George turned six on Monday with his parents releasing pictures of their grinning eldest son wearing an England soccer shirt to mark the occasion.


  • Reuters Science News Summary

    Reuters Science News SummaryFollowing is a summary of current science news briefs. Capping a week of celebrations over the historic Apollo 11 mission, Vice President Mike Pence joined astronaut Buzz Aldrin on Saturday at the launch pad in Florida that sent the moonwalker and his two crew mates to space for humankind's first steps on the lunar surface 50 years ago. Pence joined NASA Administrator Jim Bridenstine and Aldrin, the second man to walk on the moon behind his fellow astronaut Neil Armstrong, at NASA's Kennedy Space Center for a ceremony commemorating the 50th anniversary of the moon landing that enthralled people around the world in 1969.


  • House fire devours Baptist church in Savannah, Georgia

    House fire devours Baptist church in Savannah, GeorgiaSavannah Fire Rescue firefighters responding to a two-story house fire late Sunday found the flames had already spread to the First Metropolitan Baptist Church and another nearby home. WTOC-TV reported that the church's pastor, Alfonza Peter McClendon, was arrested last month and charged with aggravated child molestation and statutory rape. The roof of the church burned and "collapsed into itself," Savannah Fire and Rescue Chief Derik Minard told the station.


  • Russian oil output recovers to 11.05 mln bpd in July 1-21

    Russian oil output recovers to 11.05 mln bpd in July 1-21Russian oil output has recovered to around 11.05 million barrels per day (bpd) between July 1 and July 21 from the 10.79 mln bpd it fell to in early July, according to two sources and Reuters calculations. This is still below June's average of 11.15 million bpd and lower than Russia has commited to reduce under a global deal. Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline monopoly Transneft and the country's biggest producer Rosneft.


  • US STOCKS-Wall St set to open higher as earnings season gathers steam

    US STOCKS-Wall St set to open higher as earnings season gathers steamWall Street's main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. The South China Morning Post reported U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting, when Trump held off on fresh tariffs on Chinese goods.


  • Huawei secretly helped North Korea build, maintain wireless network -Washington Post

    Huawei secretly helped North Korea build, maintain wireless network -Washington PostHuawei Technologies Co Ltd , the Chinese company put on a U.S. black list because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents. The Chinese telecommunications giant partnered with a state-owned Chinese firm, Panda International Information Technology Co Ltd., on a number of projects in North Korea over at least eight years, the Post reported. Such a move would raise questions of whether Huawei, which has used U.S. technology in its components, violated American export controls to furnish North Korea with equipment, according to the Post.


  • FACTBOX-Iran tanker crisis shows that Britain no longer rules the waves

    FACTBOX-Iran tanker crisis shows that Britain no longer rules the wavesBritain's failure to prevent Iran's Revolutionary Guards from seizing a British-flagged oil tanker in the Strait of Hormuz shows the decline of the once mighty British navy. The navy, which has one frigate and four mine sweepers in the Gulf, is now far too small to fulfil its global role, according to Tobias Ellwood, a defence minister. Britain once had the most powerful navy in the world.


  • Delaware boaters fall into water, police halt runaway vessel

    Delaware boaters fall into water, police halt runaway vesselThe Delaware News Journal reports officials said a mother and her two children were riding on the Indian River Bay when the driver lost control of the boat. In a Facebook post , the agency said the drivers were "thrown off" the boat, which was pulling a tube. In a video posted by wildlife officials, the empty boat and tube can be seen sailing in circles while a police boat is able to pull up alongside it and an official dangles out to hit the kill switch.


  • Bella Thorne says she is 'pansexual' and opens up about overcoming abuse, bullying and more

    Bella Thorne says she is 'pansexual' and opens up about overcoming abuse, bullying and moreActress and singer Bella Thorne says she identifies as "pansexual" and opened up in a new interview about how she was able to overcome sexual abuse and more hardships to discover what makes her "most happy" in life.


  • Paris on heatwave alert as France braces for scorching weather

    Paris on heatwave alert as France braces for scorching weatherParis authorities on Monday activated a heatwave alert plan for the capital as France prepared for another week of scorching temperatures just a month after a similar heatwave in June. Meteo France forecast temperatures in Paris reaching as high as 37 degrees Celsius (98.6 Fahrenheit) on Tuesday. Agriculture Minister Didier Guillaume said earlier on Monday that France would ask the European Commission to bring forward a payment of 1 billion euros ($1.12 billion) of subsidies to help farmers cope with the heatwave.


  • Statues come to life at street art festival in Belgium

    Statues come to life at street art festival in BelgiumA stone gargoyle, a gilded fairy, a cast-bronze king and other fantastical statues came alive in Belgium as street artists showed off their creations at Europe's biggest "living statue" festival. A bullfighter, Valkyrie, baroque dancers and the sea god Poseidon were among the sights on parade. Antonio Morerra came from Portugal and dressed as bullfighter.


  • The Latest: De Blasio calls for probe of NYC power outages

    The Latest: De Blasio calls for probe of NYC power outagesMayor Bill de Blasio is calling for a "full investigation" into the power outages in New York following this weekend's high temperatures. De Blasio told reporters Monday he has lost trust in Con Edison after the private utility company made a "conscious decision" to shut down power in several neighborhoods.


  • Irish deputy PM sees a way past Brexit impasse in future relationship text

    Irish deputy PM sees a way past Brexit impasse in future relationship textA planned declaration on the future relationship between Britain and the European Union could provide an "innovative" way out of the current impasse in Brexit talks, Ireland's Foreign Minister Simon Coveney was quoted as saying on Monday. Coveney told journalists that the Withdrawal Agreement, which the EU agreed with outgoing prime minister Theresa May but was rejected by Britain's parliament, "is not going to change", the Irish public broadcaster RTE reported. "I hope the new British prime minister will look at it in an innovative way to try to get past this impasse and to move the Brexit process forward," Coveney was quoted as saying.


  • With coalition deal close, Spain's Sanchez seeks parliament's backing as PM

    With coalition deal close, Spain's Sanchez seeks parliament's backing as PMSpain's acting prime minister Pedro Sanchez laid out his main priorities for government to parliament on Monday, as lawmakers in his party and its likely coalition ally said the time had come to confirm him in the job. Almost three months after an inconclusive national election left Sanchez's Socialists as the biggest party but short of a majority, he kicked off a week of debates and voting that will determine whether he can secure the legislature's backing to form an administration. "This is what I will be doing in the coming days: request your confidence, appeal to your responsibility and generosity ... so that Spain has a government," Sanchez told deputies.


  • The pits: How China's U.S. tariff jab choked a cherry import boom

    The pits: How China's U.S. tariff jab choked a cherry import boomFor public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. "I heard they are full of iron," said the Guangzhou-based 33-year-old, "eating them makes me feel healthy, luxurious." Or it did, until Beijing imposed sky-high tariffs on U.S. cherries and importers took fright, leaving store shelves bereft and consumers like Li needing a different fruit fix. Across China's metropolises, the appetite of a burgeoning middle class for expensively fresh U.S. cherries has become a symbolic casualty of China's festering, tit-for-tat trade battle with the United States.


  • Iran says it has arrested 17 spies working for CIA, some could face death penalty

    Iran says it has arrested 17 spies working for CIA, some could face death penaltyIranian intelligence authorities said Monday they had arrested 17 spies hired by the U.S. government's Central Intelligence Agency. “All 17 spies are Iranian nationals,” the director of the counter-espionage of the Islamic Republic intelligence ministry said at a press conference. Some of the spies who declined to cooperate with the Islamic Republic intelligence after their arrest have been sent to the judiciary and their cases are being processed.


  • UPDATE 1-Pope's envoy tells Syrian leader of concern for Idlib civilians

    UPDATE 1-Pope's envoy tells Syrian leader of concern for Idlib civiliansPope Francis has expressed concern for the humanitarian situation in northwestern Syria and urged a negotiated end to years of fighting, in a letter delivered on Monday to Syrian President Bashar al-Assad. The Vatican said the letter was handed over by Cardinal Peter Kodwo Appiah Turkson, who heads the Vatican department for promoting human development.


  • The pits: How China's U.S. tariff jab choked a cherry import boom

    The pits: How China's U.S. tariff jab choked a cherry import boomFor public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. "I heard they are full of iron," said the Guangzhou-based 33-year-old, "eating them makes me feel healthy, luxurious." Or it did, until Beijing imposed sky-high tariffs on U.S. cherries and importers took fright, leaving store shelves bereft and consumers like Li needing a different fruit fix.


  • UPDATE 1-E.ON expects British energy price cap cut in October

    UPDATE 1-E.ON expects British energy price cap cut in OctoberBritain is likely to cut its cap on household energy prices by around 5.6% or 70 pounds ($87) a year from October, E.ON UK said on Monday, meaning lower power bills for around 11 million Britons. The cap on default electricity and gas bills - a flagship policy of British Prime Minister Theresa May to end what she called "rip-off" prices - came into force in January to set a maximum price suppliers can charge consumers on certain tariffs. "A range of external factors including plentiful energy supplies and mild weather conditions have driven a falling market in recent months and because of this we expect to see lower prices," Michael Lewis, CEO of E.ON UK, said in a statement on the company's website.


  • Voting closing in race to become UK's new prime minister

    Voting closing in race to become UK's new prime ministerVoting was closing Monday in the race to become Britain's next prime minister, as critics of likely winner Boris Johnson condemned his vow to take Britain out of the European Union with or without a divorce deal. Members of the governing Conservative Party had until 5 p.m. (1600 GMT) to return postal ballots in the contest between Johnson and Jeremy Hunt to lead the party. The winner will be announced Tuesday, and will take over as the nation's leader from Prime Minister Theresa May the following day.


  • Russia denies its planes bombed rebel-held Syrian city

    Russia denies its planes bombed rebel-held Syrian cityRussia's Ministry of Defence denied on Monday its planes carried out air strikes on the rebel-held Syrian city of Maarat al-Numan that hit a popular market and residential neighbourhoods. "Russia's Air Force did not carry out any missions in the given region of the Syrian Arab Republic," the ministry said in a statement.


  • Democratic candidate Warren sees U.S. economic downturn; urges quick steps

    Democratic candidate Warren sees U.S. economic downturn; urges quick stepsDemocratic presidential candidate Elizabeth Warren on Monday warned of "serious" signs that the U.S. economy could skid into a downturn either this year or next, as she proposed a series of steps to minimize the risk. The U.S. economy has been expanding for 10 years, the longest on record, with low unemployment and inflation, and a strong stock market.


  • Democratic candidate Warren sees U.S. economic downturn; urges quick steps

    Democratic candidate Warren sees U.S. economic downturn; urges quick stepsDemocratic presidential candidate Elizabeth Warren on Monday warned of "serious" signs that the U.S. economy could skid into a downturn either this year or next, as she proposed a series of steps to minimize the risk. The U.S. economy has been expanding for 10 years, the longest on record, with low unemployment and inflation, and a strong stock market.


  • Thai farmers asked to delay rice planting as drought bites

    Thai farmers asked to delay rice planting as drought bites


  • UPDATE 1-U.S.'s Pompeo dismisses Iran's announcement that it captured U.S. spies

    UPDATE 1-U.S.'s Pompeo dismisses Iran's announcement that it captured U.S. spiesU.S. Secretary of State Mike Pompeo on Monday dismissed Iran's announcement it had captured 17 spies working for the U.S. Central Intelligence Agency and sentenced some to death. Iran made the announcement in state media, saying the alleged spies had been arrested in the 12 months to March 2019. Such announcements are not unusual in Iran, but the timing has raised concerns that Tehran is hardening its position in its standoff with Western powers.


  • Many feared trapped in major fire in India's financial capital

    Many feared trapped in major fire in India's financial capitalA major fire broke out on Monday in a nine-storey government building in India's financial capital of Mumbai, with several people feared trapped, fire officials said. Television channels said nearly 100 people may be trapped in the building that houses the office of state-owned telecoms company MTNL. "The fire has been confined to the third and fourth floor of the building," the fire department, which has dispatched 14 fire engines to the site, said in a text message.


  • UPDATE 1-Libyan warplane makes emergency landing on road in southern Tunisia

    UPDATE 1-Libyan warplane makes emergency landing on road in southern TunisiaA Libyan warplane made an emergency landing on a road in the southern Tunisian town of Beni Khadash on Monday and its pilot has been detained, according to Tunisia's state news agency TAP. The Tunisian Ministry of Defence said the pilot informed the authorities that he was forced to make the landing due to damage to his plane. Tunisia's air force prepared to intercept the L-39 warplane but it landed before it could be reached, the ministry said in a statement on its website.


  • GLOBAL MARKETS-Stocks struggle, oil jumps on Middle East tensions

    GLOBAL MARKETS-Stocks struggle, oil jumps on Middle East tensionsEuropean stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound. Energy stocks booked the largest gains in Europe after crude oil prices jumped around $1 per barrel, on concern that Iran's seizure of a British tanker last week may lead to disruptions in the Middle East. "Sentiment about company earnings potential appears to be mixed at best, with some evidence that we might be seeing a bit of a pickup in economic data, after a slow first half of the year," said Michael Hewson at CMC Markets.


 

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