Crude soars as kingdom’s output cut in half and political tension hangs over region

US prosecutors allege ‘massive, multiyear scheme’ to defraud customers

Luxembourg trip ends in acrimony as UK premier misses press briefing amid protests

Officials from both countries set to meet this week ahead of next round of talks in October

A potential oil shock will add to problems policymakers already face assessing economic risks

The former defence minister’s secular pitch could make him the political kingmaker

Canadians head to next month’s poll dissatisfied with all their electoral options

United Auto Workers demands carmaker ‘recognise the contributions’ employees have made

Top staff to receive £765,000 — a 7% rise — even as profit growth set to slow

The iPhone maker’s appeal to its €13bn fine is heard same week as its latest product launch

All-cash purchase is latest in flurry of multibillion-dollar deals by PE group’s property arm

UFC owner would be valued at around $8bn at midpoint of proposed price range

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Level of denial is five times as high as fellow big carbon emitters China and India

Regulators will question representatives of digital currency over threat to financial stability

Hollywood actress is the first to be sentenced after admissions cheating exposed

Controversy over US air force crew’s stopovers at the president’s Turnberry resort



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