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Europe EV sales leap as Iran war pushes up petrol pump prices

Europe EV sales leap as Iran war pushes up petrol pump prices

By Christina Amann, Marie Mannes and Nick Carey BERLIN/STOCKHOLM/LONDON, May 20 (Reuters) - Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of new and second-hand EVs, data exclusively shared with Reuters shows, providing a much-needed boost

The Latest: World shares and oil prices react to Trump’s warning to Tehran over stalled negotiations

The Latest: World shares and oil prices react to Trump’s warning to Tehran over stalled negotiations

World shares have mostly retreated and oil prices jumped after U.S. President Donald Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall

The Latest: Trump calls off Iran strike planned for Tuesday to allow for ‘serious negotiations’

The Latest: Trump calls off Iran strike planned for Tuesday to allow for ‘serious negotiations’

President Donald Trump said he is holding off on a planned military strike on Iran at the request of several allies in the Middle East because “serious negotiations” are underway

The Latest: Trump moves to withdraw $10B suit against the IRS

The Latest: Trump moves to withdraw $10B suit against the IRS

President Donald Trump has moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that a resolution of the case was close at hand

The Latest: Trump administration announces $1.7B fund for prosecuted allies in deal to drop lawsuit

The Latest: Trump administration announces $1.7B fund for prosecuted allies in deal to drop lawsuit

The Trump administration says it’s creating a $1.7 billion fund to compensate prosecuted allies of the Republican president after he moved to drop his $10 billion lawsuit against the Internal Revenue Service

U.S. Charges Executives and Firms Over Container Cartel Impacting Consumers

U.S. Charges Executives and Firms Over Container Cartel Impacting Consumers

U.S. Charges Executives and Firms Over Container Cartel Impacting Consumers

NFL Owners Approve Expansion of International Games, Increasing Global Reach

NFL Owners Approve Expansion of International Games, Increasing Global Reach

NFL Owners Approve Expansion of International Games, Increasing Global Reach

Germany Aftershave Market Faces Regulatory and Market Dynamics Challenges

Germany Aftershave Market Faces Regulatory and Market Dynamics Challenges

Germany Aftershave Market Faces Regulatory and Market Dynamics Challenges

Explainer-What do China's new US farm purchases mean for global trade?

Explainer-What do China's new US farm purchases mean for global trade?

By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, May 18 (Reuters) - China has committed to buying at least $17 billion of U.S. agricultural products annually in addition to soybeans for three years, the White House said on Sunday, after a summit of the two countries' leaders in Beijing last week.

European shares fall as inflation worries grip markets

European shares fall as inflation worries grip markets

By Twesha Dikshit May 18 (Reuters) - European shares slipped on Monday, as inflation worries lingered with no sign of a deal between the U.S. and Iran to end their three-month-old war.

Global bond rout deepens as inflation fears mount

Global bond rout deepens as inflation fears mount

By Rae Wee SINGAPORE, May 18 (Reuters) - Bonds from Tokyo to New York extended losses on Monday as rising energy prices from the ongoing Middle East war fanned inflation fears and stoked investor wagers on rate hikes from global central banks. Benchmark 10-year U.S.

Morning Bid: Bonds get a taste of oil's demand destruction

Morning Bid: Bonds get a taste of oil's demand destruction

May 18 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. So, there's a limit to wishful thinking. Markets had assumed the U.S. and Iran were bound to see sense and strike a deal at any moment.