As the UK government trains its sights on "rip-off tariffs" in consumer energy, sector leader Centrica has already suffered a seismic customer exodus.
US business investment slows stirring concerns regarding the health of the non-financial sector, however, the progress on tax reform, and expectations of further monetary normalization support the view of US economy as accelerating to above 3 percent per year by late 2018.
The UK government has announced that it will toughen its tax rules in order to combat massive tax evasion by leading Internet companies.
The Federal Reserve has released the minutes of its latest policy meeting, sending the dollar lower and boosting demand for gold, as investors envision greater market volatility ahead.
Chinese businessmen say Zimbabwe's latest political upheaval will not affect their projects in Africa, yet economic policies against foreign companies in Zimbabwe have impacted Chinese trade and investment there. Experts say China should beware of similar political risks in other Belt and Road countries where Chinese companies invest heavily in.
The US student loan burden is out of control, while the economy has failed to back it up with sustainable wage growth or market-competitive job creation. Meanwhile, nepotism, patronage and other practices hinder the process of securing a career path further hindering the ability of young workers to service student debt.
Earlier, US President Donald Trump proposed limiting the duration of the agreement on the North American Free Trade Area (NAFTA) for five years, after which it would be revisited.
ONGC Videsh has started to bring more foreign oil and gas assets under its ambit amid a delay in awarding of Farzad B gas field by Iran.
French government policy and fears of British financial weakness give Paris a head-start over London in the race for post-Brexit future, an academic at the University of Nottingham told Sputnik.
Norway’s central bank proposes to divest the Government Pension Fund Global (GPFG) – the world’s largest sovereign wealth fund – to divest from oil and gas due to the low return-on-investment (ROI).
The four-day summit of the Gas Exporting Countries Forum (GEFC) kicks off in Bolivia on Tuesday; it is hoped that participants such as Qatar and Egypt will be able to overcome their recent differences for the benefit of the industry as a whole, South American analyst Alejandro Sanchez told Sputnik.
Brexit minister David Davis told a conference of business leaders that the UK is prepared for "no deal" with the European Union.
NAFTA negotiations appear to have stalled once again, despite the US giving it a second try by pushing the deadline to March.
Speaking to Sputnik, Ernesto Ferlenghi, president of Confindustria Russia, a business association representing Italian and other foreign companies doing business in Russia, explained why despite the current sanctions environment, investing in the country has never been more profitable.
UK Parliamentary Committees have recommended tougher action on apps providing insecure work as the Independent Workers Union of Great Britain (IWGB) welcomes new report but says it's not enough.
The US central bank under Jerome Powell is expected to introduce innovative and untested monetary policy measures to help President Trump reform the staggering US economy.
Eurozone workers are demanding higher salaries and wages in the low-inflation economy, as the young generation that emerged in the past 20 years can’t afford to buy homes, not least due to a significant population increase amid weak economic expansion.
The US leader has congratulated Philippine President Rodrigo Duterte on the liberation of Marawi City from Daesh-inspired terrorists and allotted funds to help meet the humanitarian needs of displaced civilians.
The world’s largest investment fund is on the brink of dumping its petrochemical assets.
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