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The United States on Wednesday imposed its toughest sanctions ever targeting Syrian President Bashar al-Assad to choke off revenue for his government in a bid to force it back to United Nations-led negotiations and broker an end to the country's nearly decade-long war.

U.S. homebuilding increased less than expected in May, leaving the bulk of the prior months' declines intact and pointing to a slow housing market recovery from the COVID-19 crisis.

Shares of Amigo Holdings dropped nearly 20% on Wednesday as founder James Benamor said he would sell his stake in the subprime lender after losing a vote at a general meeting to oust the firm's board, in line with his promise earlier this month.

Germany supports the idea of the European Commission levying its own taxes to fund the expanded EU budget, Finance Minister Olaf Scholz said on Wednesday, adding new revenues could come from an expanded emissions trading scheme, a planned financial transaction tax or a yet to be discussed carbon border adjustment...

Canadian home prices rose in May, led by the Ottawa-Gatineau and Toronto markets, but underlying numbers reflected a slowing in the housing market following measures taken to help contain the coronavirus pandemic, data showed on Wednesday.

The United States on Wednesday imposed sanctions on 39 individuals and entities including Syrian President Bashar al-Assad and his wife Asma to choke off revenue for his government in a bid to push it back to United Nations-led negotiations.

State-backed foreign firms will have a harder time buying European Union companies under a proposal by the bloc's executive, which is pursuing more protectionist policies as the global pandemic tips the region into a steep recession.

Ministers face big challenges balancing Brexit promises with protection for UK agriculture and consumers

The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership.

Britain's highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa and Mastercard restricted competition in the way they set fees for retailers, opening the way for them to seek compensation.

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