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Tuesday 26 August 2025

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Context on Markets
News Norway's PM softens stance on Britain joining EFTA

Norwegian Prime Minister Erna Solberg said she saw some advantages if Britain joined the four-nation European Free Trade Association (EFTA) after quitting the EU, qualifying past doubts about British membership.

  • August 18, 2016
News Oil at five-week high as OPEC sources, Russia, talk of cooperation

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.

  • August 16, 2016
News OPEC deal a tough task, as oil output freeze expectations rise

OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.

  • August 15, 2016
News Modest euro zone economic growth masks diverging performance around bloc

Euro zone economic growth halved in the second quarter to a modest pace, as a mild slowdown in Germany was overshadowed by a surprise stagnation in Italy, offering scant hope of a decisive rebound for the currency bloc as a whole any time soon.

  • August 12, 2016
News Euro zone business growth picks up slightly but still muted

Euro zone business activity expanded a touch faster than expected last month as the region appeared, so far, to have largely shrugged off Britain's vote to leave the European Union, a survey found.

  • August 3, 2016
News After Brexit, British banks seek delay in splitting off retail business

Big British banks are lobbying regulators for more time to carve out their retail lending from riskier parts of their business, saying Britain's decision to leave the European Union has made the separation more complex and costly.

  • August 1, 2016
News UK's Hammond: Brexit path might be clearer later this year

Britain's new finance minister Philip Hammond sought to address concerns among global finance chiefs about the uncertain path ahead for the country's exit from the European Union, saying there could be more clarity later this year.

  • July 24, 2016
News Canada, pressed on UK trade talks report, says focus is EU deal

The Canadian government, responding to a report that Britain had opened talks on a bilateral trade deal, said on Monday it was focused on completing its long-negotiated free trade agreement with the European Union.

  • July 18, 2016
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