UK delays Euribor trial to 2018
LONDON A London trial of six former Deutsche Bank and Barclays traders, charged with manipulating benchmark Euribor interest rates, has been delayed until next year.
WASHINGTON The United States on Wednesday sanctioned two Iranian defence officials, an Iranian company and members of a China-based network for supporting Iran's ballistic missile programme, the U.S. Treasury said in a statement.
The targeted sanctions come on the same day the Trump administration said it would continue to waive other, broader sanctions on Iran, a move that was required to keep implementing the 2015 nuclear deal with Iran.
The Iranian officials sanctioned on Wednesday are Morteza Farasatpour and Rahim Ahmadi. Farasatpour coordinated the sale and delivery of explosives and other materiel to a Syrian government agency, the Treasury Department said. Ahmadi is the director of Iran's Shahid Bakeri Industries Group, which is responsible for Iran's solid-fueled ballistic missile programme, the Treasury statement said.
(Reporting by Yeganeh Torbati; Editing by David Gregorio)
VATICAN CITY Pope Francis urged U.S. President Donald Trump to be a peacemaker at their first meeting on Wednesday after they exchanged sharp words last year, and Trump promised he would not forget the pontiff's message.
LONDON British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company towards a market flotation.