European Commission rejects prospect of US diesel export ban
A Commission spokesperson warned that a US diesel export ban would damage trust, as EU officials discuss high prices and possible stock releases.
A Commission spokesperson warned that a US diesel export ban would damage trust, as EU officials discuss high prices and possible stock releases.
Recent news with a spread of topics.
Trump amplified Bessent’s prediction of a two-week collapse in Iran’s ability to trade. The clearest evidence concerns oil already outside the US blockade, rather than every part of Iran’s economy.
The Fed’s watchdog found no grounds for a criminal referral over its costly renovation, while faulting the way the project was managed.
A benchmark of farm-commodity prices gained 13% in the third quarter, its sharpest quarterly rise since early 2022, as crop and shipping concerns unsettled trade.
A court has approved a settlement that removes a legal obstacle to Paramount Skydance’s planned $110 billion takeover of Warner Bros Discovery.
The Dow and S&P 500 fell while the Nasdaq edged higher on Wednesday, despite an August US inflation figure that was lower than feared.
Iowa lawmakers will consider tax changes for a proposed $15 billion steel complex, but the incentives have not been approved.
The US Federal Reserve has finalised two changes to bank stress tests, aiming to make capital requirements less volatile and give the public more input into the tests.
US stocks ended Tuesday slightly lower as investors weighed inflation and interest-rate concerns, despite a fall in oil prices.