
Big Oil is due for a disruption.

EU leaders have agreed to spend more on common defense and security policy in their next long-term budget, said European Council President Donald Tusk. Leaders of 27 states were meeting in Brussels to shape the 2021-27 budget.

Beijing has cracked down on insurance and financial giant Anbang, taking control of the conglomerate and prosecuting the firm's head. Wu Xiaohui, who was already detained by authorities last June, is to face prosecution for economic crimes.

UN chief Antonio Guterres was criticized on Thursday by a watchdog group for failing to condemn Syria’s election to a committee charged with working towards decolonization. UN Watch called on US Ambassador Nikki Haley, and European ambassadors to condemn the world body for handing Bashar Assad’s regime what it called “a propaganda victory.”

More than half of the world’s oceans are being commercially fished, spanning an area four times what is used for global agriculture, according to a new study published in the journal Science. The study is the first in-depth look at the global footprint of the industrial fishing industry.

UK's approach to the next stage of Brexit negotiations seems to be based on pure illusion, Donald Tusk says. The European Council president told a news conference in Brussels that the UK was still trying to cherry pick its future relationship with the EU.

A team of international scientists led by the British Antarctic Survey set off on Wednesday to explore a mysterious marine ecosystem that has lain hidden under an ice shelf for up to 120,000 years.

British Prime Minister Theresa May will set out “the way forward” for Brexit next week after a meeting with top aides on Thursday intended to resolve differences over strategy that are dividing her team, and frustrating European Union negotiators.

The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial estimate of 0.5%. The revision was due to slower growth in production industries, the ONS said.

An international drug trafficking ring operating out of the Russian Embassy in Buenos Aires was dismantled and several arrests made, Argentine police announced on Thursday.