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EU sanctions former Russian president’s son

Former Russian President Dmitry Medvedev’s son Ilya has found himself in a list of Russian and Belarusian citizens who were sanctioned on Monday as part of the European Union’s 12th package of Ukraine-related measures against Moscow.

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American steelmaking giant sold to foreign company

Japan’s Nippon Steel has agreed to buy US Steel in a takeover valued at $14.9 billion US Steel, a symbol of American industrialization and once the largest corporation on the planet, has agreed to a takeover by Japan’s Nippon Steel in a $14.9 billion deal that lawmakers from both of Washington’s major political parties have…

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More oil shippers halt passage via Red Sea due to rebel attacks

British energy giant BP is temporarily suspending all crude shipments through the Red Sea due to recent attacks in the region, joining other major freight firms in the move, the company announced on Monday.

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