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US Fed official urges caution but says could back October cut
US Fed official urges caution but says could back October cut
by  AFP

A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.

US sinks international deal on decarbonising ships
US sinks international deal on decarbonising ships
by  AFP

An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.

Mango founder's son under scrutiny as police probe death
Mango founder's son under scrutiny as police probe death
by  AFP

Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Spanish media said police also cited the testimony of Isak Andic's partner, professional golfer Estefania Knuth, who described strained relations between father and son.

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