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Oil slick threatens French coast after cargo ship sinks

An oil slick was heading towards the French coastline on Thursday after an Italian cargo ship sank in the Atlantic carrying 45 containers of "dangerous materials", authorities said. The sheet of oil, 10 kilometres (six miles) long and one km wide, could hit parts of the country's southwest...

US sanctions against Venezuela scaring off banks

As the United States has quickly ratcheted up sanctions against Venezuela to pressure Nicolas Maduro, bankers say they are shying away from doing even legitimate business with the crisis-wracked oil-producing country for fear of getting caught in the crossfire. The sanctions target a...