Launched in 2014, the Investment Plan for Europe – known as the ‘Juncker Plan’ – was introduced against a background of low levels of investment and sluggish growth in the aftermath of the economic crisis. It plotted a “roadmap for getting Europe back to work, to boost our economy.” But how much of an impact […] Read more
After nearly two years of waiting, the much-anticipated finale to the Skywalker Saga finally has a name: “The Rise of Skywalker.” At Star Wars Celebration in Chicago on Friday, Disney unveiled the first trailer for what has until now been called “Star Wars: Episode IX.” The film will not take place directly after the events […] Read more
The U.S. is economy likely slowing from its strong rate of growth in 2018, with “important international risks” clouding the outlook, Federal Reserve vice chairman Richard Clarida said on Thursday. This summer, 10 years after the U.S. emerged from a punishing recession, “the current economic expansion almost certainly will become the longest on record,” said […] Read more
BRUSSELS — Here in the political heart of Europe, the U.K. is about to face its most dramatic crossroads in a Brexit process that has been thwarted by stubbornness and indecision. And the country will have little say over its own fate. #embed-20190314-eu-brexit-map iframe {width: 1px;min-width: 100%} On Wednesday night, 27 prime ministers and presidents […] Read more
Federal immigration authorities arrested more than 280 employees of a Texas company in what officials said was the biggest single workplace raid in a decade. The homeland security investigations unit of Immigration and Customs Enforcement (ICE) said the employees of CVE Technology Group Inc. in the city of Allen, north of Dallas, were arrested on […] Read more
Britain’s budget airline easyJet said demand for tickets and prices were bearing the brunt of Brexit uncertainty and a weaker economic outlook on Monday. The carrier said it would incur around €320 million of losses for the first half of its financial year and revenue per seat is expected to have contracted by about 7.4%. […] Read more
By Sumeet Chatterjee and Xiaochong Zhang SHANGHAI/HONG KONG (Reuters) – JP Morgan and Nomura have won Chinese regulatory approval to set up majority-owned brokerage joint ventures, in China’s latest move to open its financial sector up to foreign firms. The China Securities Regulatory Commission said on Friday it will continue to approve foreign brokerage joint […] Read more
WASHINGTON (Reuters) – U.S. President Donald Trump called on Thursday for the Organisation of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity. “Very important that OPEC increase the flow of Oil. World Markets are fragile, price of Oil getting too high. Thank you!” Trump wrote in a […] Read more
Structural reforms are policy measures designed to boost an economy’s competitiveness, growth potential and adjustment capacity. In order to ensure an economy is fit and better able to realise its growth potential. Typical structural reforms focus mostly on: – The overall business environment – Labour market – Taxation Each year, the Commission undertakes a detailed […] Read more
A US jury on Tuesday found Bayer AG’s glyphosate-based weed killer to be a “substantial factor” in causing a man’s non-Hodgkin’s lymphoma, allowing the trial to proceed into a second phase on liability and damages. The jury in San Francisco federal court in a unanimous ruling found Roundup, one of the world’s most widely-used weed […] Read more
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