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US singled out by G7 allies over tariffs ahead of summit

French finance minister describes upcoming summit as 'G6 plus one' amid tensions over Trump's metal tariffs.

Read more: US singled out by G7 allies over tariffs ahead of summit

   

China warns US trade deals off if tariffs go ahead

Beijing says any trade agreements reached with Washington will be void if US implements tariffs.

Read more: China warns US trade deals off if tariffs go ahead

   

Visa: 'Service disruption' blocking Europe transactions

Payments firm says it is experiencing problems processing some transactions in Europe and is trying to repair the issue.

Visa

Read more: Visa: 'Service disruption' blocking Europe transactions

   

Malaysia opens crowdfund to help pay $250bn debt

Move comes shortly after PM Mahathir Mohamad took reins of power following May 9 election victory.

Read more: Malaysia opens crowdfund to help pay $250bn debt

   

US hits EU, Mexico and Canada with steel, aluminium tariffs

EU set to impose 'counter-measures' as US announces tariffs on steel and aluminium imports from EU, Canada and Mexico.

steel

Read more: US hits EU, Mexico and Canada with steel, aluminium tariffs

   

Roman Abramovich reportedly granted Israeli citizenship

Israeli media reports say Russian billionaire and Chelsea club owner given citizenship after visa delays in the UK.

Roman Abramovich

Read more: Roman Abramovich reportedly granted Israeli citizenship

   

Brazil truck strike continues despite deal

Nationwide strike over soaring fuel prices enters ninth day, despite government concessions.

Read more: Brazil truck strike continues despite deal

   

Erdogan asks Turks to prop up lira amid currency volatility

The Turkish currency has lost about 20 percent of its value since the beginning of the year.

foreign exchange rate

Read more: Erdogan asks Turks to prop up lira amid currency volatility

   

Germany's Deutsche Bank to lay off more than 7,000 workers

Germany's biggest lender to decrease workforce from 97,000 to 'well below' 90,000 as part of cost-cutting strategy.

Christian Sewing

Read more: Germany's Deutsche Bank to lay off more than 7,000 workers

   

Malaysia sets up new task force over 1MDB scandal

Agency responsible for seizing assets acquired using funds allegedly siphoned from the fund created by former PM Najib.

 former Prime Minister Najib Razak

Read more: Malaysia sets up new task force over 1MDB scandal

   

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