Commodities
UK imposes sanctions on Russians and Saudis over 'blood money' laundering
Britain imposed sanctions on 25 Russians and 20 Saudis on Monday as part of post-Brexit measures that were aimed at cracking down on the laundering of “blood money”.
Coca Cola HBC appoints Naya Kalogeraki as COO
Coca-Cola HBC AG named Naya Kalogeraki to the newly-created role at the firm of chief operating officer.
US job openings comfortably ahead of forecasts in May, survey shows
Job openings in the US continued to recover in May but remained far below their year earlier levels, the results of a widely-followed survey revealed.
OECD says UK unemployment could peak near 15%
Unemployment in the UK could reach almost 15% by the end of 2020 if the economy is hit by a second wave of Covid-19, the Organisation for Economic Cooperation and Development warned.
Gambling charity calls for UK banks to improve card blocking systems
An anti-gambling charity called on banks to improve their card blocking systems to try to aid those with gambling problems after data emerged that 40% of current accounts offer no help in such cases.
European Commission slashes 2020 economic forecasts
Brussels has slashed its economic forecasts and warned that the European Union will suffer a deeper-than-expected recession because of the Covid-19 crisis.
Top Fed official warns US recovery could stall - report
A top Federal Reserve official has warned the US economic revival could stall because of the recent increase in Covid-19 infections in large southern and western states.
Multibillion-dollar gas projects at risk as fossil fuel market set for collapse
A multibillion-dollar set of gas projects around the world could be at risk due to the collapse of the fossil fuel markets, said a report by Global Energy Monitor.
German industrial production rises less than expected in May
German industrial production rebounded in May, albeit less than expected, according to figures released by Destatis on Tuesday.