Shares retreated in Europe and Asia on Thursday after an initial jump that pushed Japan’s Nikkei 225 index above 60,000 for the first time, while oil prices climbed above US$100 a barrel as investors reacted to shaky prospects for more talks on ending the war with Iran.
The U.S. Supreme Court on Wednesday sided with Michigan in ruling that the state’s lawsuit seeking to shut down a section of an aging pipeline beneath a Great Lakes channel will stay in state court.
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The U.S. does not dictate the terms of free trade with Canada, Prime Minister Mark Carney told reporters Wednesday.
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