The man who probably will be Iceland’s next prime minister says he knows how to deal with the global wave of populism that’s threatening the established order: Deliver plenty of economic growth and jobs. Bjarni Benediktsson, the 46-year-old leader of the conservative Independence Party, on Sunday emerged as the big winner in the nation’s snap […]
Category: Top News
Big Oil’s Shrinking Act Has More to Go in China
China’s oil output slump shows no signs of abating as the country’s state-run energy giants hold back spending to cope with the crash in prices. China’s Big Three producers, led by PetroChina Co., have spent about half of their 2016 capital-expenditure targets in the first nine months of the year, according to operational data released […]
U.K. Banks May Gain $14.6 Billion Yearly Leaving EU, Says Lobby
The U.K.’s biggest banks and financial firms could gain an additional 12 billion pounds ($14.6 billion) a year in revenue from Britain leaving the European Union, according to a report from a pro-Brexit lobby group. Leaving the 28-nation trading bloc and ending membership in the EU single market for trade and services would help Britain […]