Tuesday, February 19, 2019
There is ample spare capacity in other oil producers and strategic reserves to compensate for a loss of Venezuela's crude exports, helping explain the tepid reaction of global oil prices to U.S. sanctions announced a week ago. Venezuela exports around...
The U.K. economy buckled under the strain of Brexit uncertainty in the fourth quarter. Gross domestic product increased a smaller-than-forecast 0.2 percent, compared with 0.6 percent in the third quarter. December alone saw the economy shrink by 0.4 percent, the...
Crypto fever has truly broken. That was a big takeaway this week from the Paris Fintech Forum, one of the biggest annual gatherings of its kind in Europe. On Tuesday and Wednesday, about 3,000 entrepreneurs, investors, bankers, and regulators descended...
Supermarket shoppers in France will have to dig deeper from Friday when the price of hundreds of high-profile branded products goes up. France’s agriculture minister, Didier Guillaume, says it is part of a bid to rebalance how supermarkets make their...
New car sales fell by nearly 7% last year in the biggest annual drop since 2008, according to industry figures. A slump in demand for diesel, stricter emissions rules, and falling consumer confidence ahead of Brexit were blamed for the...
Soros Fund Management has reduced most of its macro wagers, moving away from the strategy that made George Soros a billionaire -- and inspired a generation of traders who looked to profit from big moves in currency, bond and...
Japanese prosecutors have charged former Nissan chairman Carlos Ghosn with financial misconduct, Japanese media report. Prosecutors said Mr Ghosn underreported his compensation in the company's financial statements over a five year period. He was arrested in November after the allegations first...
Luxembourg is to become the first country in the world to scrap fares on all public transport. The plans, introduced by Prime Minister Xavier Bettel's coalition government, will see trains, trams and buses run free of charge from next summer. Bettel,...
President Donald Trump appears to be shutting the door on a temporary ceasefire in an ongoing tit-for-tat trade war with China just days ahead of an upcoming summit in Argentina. The President told the Wall Street Journal in an interview...
No-frills carrier easyJet has reported a rise in bookings for summer 2019, despite consumer jitters over the outcome of Brexit. At a time when high street sales are stalling in the run-up to 29 March, the airline used its annual...

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