Monday, December 10, 2018
The Bank of England is poised to lift interest rates from their financial crisis lows for the first time in almost a decade. The Bank's monetary policy committee is widely expected to increase the cost of borrowing from 0.5% to...

Employed by China

Zhang Huarong points out of his office window to a bleak block of grey portacabins at the Huajian International Shoe City, in Addis Ababa. “That is what I lived in for six months when I came to Africa,” he...
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,...
It have been tested by its employees. Is the public ready for a cashier-less store? The concept was introduced for more than a year.  In downtown Seattle the Amazon Go store is opening its artificial intelligence-powered. The store is situated on...
  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...
Global stocks slip back into the red as new Federal Reserve Chairman Jerome Powell hints at four interest rate rises in the US this year. FTSE 100 dips 0.4pc; ITV falls to the bottom of the index after profits knocked...
Retail sales are falling sharply. Industrial production is slumping. Construction is sluggish and the government is weak and clueless with little idea of how to respond to falling demand. No, don’t worry, you haven’t accidentally stumbled across a hardcore...
China has promised to further cut import tariffs and open its economy as it tries to address criticisms that its trade practices are "unfair". In a speech at a Shanghai trade expo, President Xi Jinping also made a robust defence...

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...
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...

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