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Iran oil minister to join OPEC talks on market in Algeria

  Bloomberg Iran’s Oil Minister Bijan Namdar Zanganeh will join an informal meeting of OPEC members next month in Algiers, a state news service reported, ending uncertainty about whether OPEC’s third-biggest producer would participate. Producers from the Organization of Petroleum Exporting Countries will meet on the sidelines of an energy policy group in the Algerian capital next month to consider ...

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UK consumer boom set to flag as Brexit ignites inflation

  Bloomberg For UK consumers, the good times might not keep rolling. Quickening inflation looks set to erode almost two years of real-wage growth, undermining the key driver of the economy. Data due Friday will probably show consumption helped growth accelerate to 0.6 percent in the second quarter, before the referendum on European Union membership. Still, there are challenges ahead ...

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Spain’s economic growth stagnates

  AFP Spain’s economic growth stagnated in the second quarter, official data showed on Thursday, as the country remains mired in political limbo after two inconclusive general elections. The Ine statistics agency said that GDP expanded by 0.8 percent compared to the previous three months — slightly higher than the 0.7 percent estimate it had announced in July. The agency ...

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