BERLIN - The defeat of Italian Prime Minister Matteo Renzi marks a significant setback for Europe just as its leaders scramble to mount a credible response to Brexit, Trump and their stubborn economic woes at home.
NEW YORK The U.S. election of Donald Trump has created "considerable" uncertainty over the policies he will pursue so it is too soon for the Federal Reserve to judge whether its plan for gradual interest rate hikes needs adjusting, one of the most influential Fed policymakers said on Monday.
LONDON Brent crude oil prices rose above $55 a barrel on Monday, trading at a fresh 16-month high, on rising prospects of a tightening market after OPEC members agreed on a landmark deal to cut production last week.
BEIJING/FRANKFURT The sale of Aixtron to Chinese investors could go ahead under new terms if the German semiconductor equipment maker sells its Silicon Valley division to get around U.S. objections, analysts said Monday.
VIENNA Austrians' desire to stay anchored in the European Union outweighed concerns over immigration and security and helped former Greens leader Alexander Van der Bellen defeat his far-right rival Norbert Hofer in Sunday's presidential election.
MOSCOW Russian Foreign Minister Sergei Lavrov said on Monday he was confident Moscow and Washington can reach a deal in talks this week on the withdrawal of all rebels from the eastern part of the Syrian city of Aleppo.
LAUSANNE, Switzerland The Court of Arbitration for Sport (CAS) on Monday maintained a six-year ban from soccer for former FIFA president Sepp Blatter amid corruption allegations, a spokesman for Blatter said.