Trump picks China hawk for trade advisory role
U.S. President-elect Donald Trump on Wednesday named Peter Navarro, an economist who has urged a hard line on China, to head a newly formed White House National Trade Council, the transition team said in a statement.
Libya pipeline restart cuts into oil rally
Oil prices rose on Tuesday but settled below session highs after Libya announced the reopening of pipelines after a two-year blockade that ended earlier this month.
Russia, Iran, Turkey say ready to broker Syria deal
Russia, Iran and Turkey said they were ready to help broker a Syrian peace deal after the three countries held talks in Moscow on Tuesday and adopted a declaration which set out the principles any agreement should adhere to.
U.S. sanctions companies, people over Russia actions in Ukraine
The United States on Tuesday blacklisted seven Russian businessmen and eight companies and government enterprises over Russia's annexation of Crimea and the conflict in Ukraine, the U.S. Treasury said in a statement, moves Moscow called "hostile acts."
NATO and Russia talk, but remain divided on Ukraine
NATO and Russia held more than three hours of talks on Monday, discussing ways to reduce military accidents but also underscoring their deep disagreement on the conflict in Ukraine.
Russian ambassador shot dead in Ankara gallery
The Russian ambassador to Turkey was shot in the back and killed as he gave a speech at an Ankara art gallery on Monday by an off-duty police officer who shouted "Don't forget Aleppo" and "Allahu Akbar" as he opened fire.
Dispute could sink Italian bank Monte Paschi's rescue plan
Italian bank Monte dei Paschi di Siena (BMPS.MI) is trying to resolve differences with a key investor over its 5 billion-euro ($5.2 billion) rescue plan to allow the deal to go ahead and avoid a state bailout.
China to return seized U.S. drone, says Washington 'hyping up' incident
China will return an underwater U.S. drone seized by a naval vessel this week in the South China Sea, both countries said on Saturday, but Beijing complained that Washington had been "hyping up" the incident.
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