EasyJet shares surged after agreeing in principle to a £5.5 billion takeover by Castlelake, though the stock remained below the offer price...

EasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7...

Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...

G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...

Strong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...

The European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity sys...

European Union officials are racing to finalize a trade deal with the United States before a July 4 deadline. President Donald Trump's pers...

A war in Iran has significantly disrupted oil supplies. This has pushed up jet fuel prices. Long-haul flights from Europe now cost over $10...

EU foreign ministers are poised to designate Iran's Revolutionary Guards as a terrorist entity, a move signaling strong condemnation for th...

The measures will include extensive new export bans on a number of products, technologies and components that have been identified in Russi...

"There is agreement, in principle, but there's also the big elephant in the room," a senior EU diplomat told reporters, referring to Budape...

The dispute resolution mechanism allows any signatory to refer a perceived breach of the deal’s terms to the joint commission created to ov...

Japan's foreign minister said on a visit to Tehran today he hoped Iran's nuclear deal with world powers would be swiftly implemented becaus...

The government has directed public sector insurers to cover Indian ships carrying crude oil from Iran.

Indian companies such as state-run SCL, ONGC, Essar may turn to China and South Korea to insure some of their businesses.

A consortium of state-run oil cos plans to seek a one-time reprieve from the US sanctions against Iran to develop Farsi gas field during Ob...

Recently imposed stringent US and EU sanctions against Iran have jeopardised the $8-billion plan of three Indian state-run oil companies to...