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UK retail sales increased more than expected in July, data from the Office for National Statistics showed Thursday. Retail sales including auto fuel, rose 0.7 percent month-on-month in July, in contrast to a 0.5 percent fall in June. Sales were forecast to increase by 0.2 percent. Excluding auto...

federica-mogherini-iran-080618.jpg Hours before the United States' scheduled enforcement of sanctions against Iran, the European Commission announced that its updated Blocking Statute enters into force Tuesday to mitigate the impact of US sanctions on the interests of EU companies doing legitimate business in Iran. Iran faces the risk of stage-by-stage US sanctions that President Donald Trump announced in May while withdrawing from

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