Saturday, April 20, 2019

UK advises “no-deal”

The UK government will begin advising people, businesses, and other groups about how to plan for the possibility of leaving the EU without a deal. Ministers say publication of the first batch of documents will tackle what they call "hair-raising...
The restaurant chain will aim to get all items like bags, straws, wrappers and cups from recycled or renewable materials, up from half currently. McDonald's also wants 100% of its restaurants to recycle packaging by then, compared with only 10%...
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...

German recession

Talarming speed and any mistake by policy-makers could push the country into a full-blown slump, a leading economic institute has warned. “The danger of recession has increased markedly. It is a notably more critical picture than a month ago,” said the...

First Ikea in India

Swedish furniture giant Ikea has opened its first store in India in the southern city of Hyderabad. With a growing middle class, India could be a big opportunity for the company, but it is also a market with many quirks. Ikea's...
Has the bitcoin fever broken? Bitcoin prices plunged sharply to below $11,000 on Friday, shedding a third of its value in just 24 hours, according to data from CoinDesk.com. It later rebounded slightly to around $12,000 -- but that's still a...
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...
House prices in Britain rose a bit more quickly this month after touching a seven-month low in March but they are still expected slow this year, reflecting weak economic growth and possibly higher interest rates, mortgage lender Nationwide said. House...
  Aston Martin shares tumbled on their trading debut as investors balked at a sale price that put the U.K. carmaker on a par with larger and more profitable Italian competitor Ferrari NV. The stock fell as much as 6.6...
The most big plane has been saved. Emirates has ordered  20 more with option for a further 16. "The A 380A has been a success for Emirates. Our customers love it and we've been able to deploy it on different...

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