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Britain presses for more EU sanctions against Russia

Britain will press the European Union on Tuesday to increase sanctions against Russia, saying it should stand "shoulder to shoulder" with the United States, which hit Moscow with new economic restrictions this month.

Oil edges higher as Iran sanctions outweigh trade concerns

Oil rose on Tuesday, buoyed by the prospect of price support from U.S. sanctions on Iran, although with concern brewing about the outlook for demand, particularly in light of the trade dispute between Washington and Beijing, gains were limited.

Morgan Stanley stops research coverage of Tesla

Brokerage Morgan Stanley has halted equity coverage on Tesla Inc, potentially a sign the U.S. bank may be doing business directly with the electric carmaker as it explores options to go private.

Britain apologises to migrants removed in Windrush scandal

Britain said it would formally apologise to 18 members of the "Windrush generation" who were forced to leave or detained because they were not issued with documents when they came to the country from the Caribbean after World War Two.

Lebanese chafe as economic blues begin to bite

For Mazen Rahhal, a shopowner in a bustling district of Beirut, Lebanon's economy has seldom felt more precarious. In one store, he sells clothes at a fraction of their previous price. Another, which he rented to a rival business, now lies empty.