Wells Fargo reform plans fail to satisfy Fed after scandals: sources

The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender […]

EU Commission pushes for wider use of euro in global markets

The European Commission published on Wednesday non-binding proposals to boost the role of the euro in international payments and as […]

U.S. will not stop Iran exporting oil, Iranian president says

The United States will not be able to stop Iran exporting its oil and any move to prevent Iranian crude […]

Oil falls to lowest since late 2017 on emerging supply glut, OPEC expected to cut

Oil prices plunged to their lowest since late 2017 on Friday in choppy trading, weighed down by an emerging crude […]

India’s crude oil imports rise to highest level in at least 7 years

India’s crude oil imports in October rose to their highest level in at least more than seven years, data from […]

U.S. targets Iran-Russia network over oil sent to Syria

The United States has moved to disrupt an Iranian-Russian network that sent millions of barrels of oil to Syria and […]

Explainer: Danske Bank’s 200 billion euro money laundering scandal

Danske Bank has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first […]

Japan, South Korea plan to resume Iran oil imports from January

Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. […]

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day […]