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London finance job openings halve in 2 years on Brexit jitters

Bloomberg Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found. The number of jobs available in the city’s financial services industry and the number of finance professionals seeking new jobs have each fallen by more than half in the past two years, the ...

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EU takes closer look at Google’s tax arrangement in Ireland

Bloomberg The European Union has taken a closer look at how Google uses operations in Ireland to help reduce its corporate tax obligations within the trade bloc, two people familiar with the matter said. Officials from the European Commission, the EU’s executive arm, held in-depth talks with Irish authorities late last year about whether the Internet-search unit of Alphabet Inc. ...

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Trafigura to take control of Europe’s biggest zinc smelter

Bloomberg Trafigura Group Ltd. will take control of Nyrstar NV, Europe’s biggest zinc smelter, as part of a deal to restructure the struggling company’s debt and steer it away from bankruptcy. Under the agreement, Trafigura — Nyrstar’s main shareholder as well as a top supplier, customer and financier — offered a package of its own debt securities to Nyrstar’s creditors ...

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Bashir’s old guard fights for power amid Sudan protests

Bloomberg Sudanese pro-democracy protesters won further concessions from the army that overthrew President Omar al-Bashir, as upheaval in the ruling military council signals a power struggle among the remnants of his 30-year regime. Since taking control, the council has cancelled its curfew, freed prisoners, changed leadership and vowed to review laws that brought trials for perceived indecency or apostasy, all ...

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South Korea’s Moon calls for summit with Kim

Bloomberg South Korean President Moon Jae-in said it’s time to prepare for talks with North Korean leader Kim Jong-un, commenting just days after returning from a visit to the White House where he tried to get faltering nuclear negotiations back on track. Moon, who has tried to be a bridge between Kim and President Donald Trump, said North Korea’s leader ...

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Finns reject austerity as leftists win polls

Bloomberg After the tightest election in over half a century, Finland looks set to get a more left-leaning government as voters rejected years of austerity. Former trade unionist Antti Rinne is poised to become Finland’s first Social Democrat prime minister in 16 years, winning by fewer than 7,000 votes. But he faces a tough set of coalition talks, after the ...

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US to slap new sanctions on Venezuelan officials

Bloomberg The US is ready to apply new sanctions on Venezuela’s leadership, Secretary of State Mike Pompeo said, as the government steps up pressure on Nicolas Maduro to relinquish power and allow new elections to be held. The US government will use all political and economic means at its disposal, including sanctions and visa revocations against those propping up the ...

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Murder drove Caputova to presidency, unifying mission

Bloomberg When a colleague from Zuzana Caputova’s little-known political party suggested she run for president last year, she thought the idea absurd. But then the murder of a journalist friend — an act that launched Slovakia’s biggest protests since the fall of communism — made it personal. The former NGO lawyer ran and won by a landslide, and now she’s ...

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What really caused the financial crisis?

It is astonishing that, even though the global financial crisis occurred a decade ago, we do not yet have a clear and convincing explanation of its basic cause. To be sure, theories abound. Liberals blame Wall Street greed and lax government oversight. The conservatives’ villain is the government’s aggressive promotion of homeownership, which flooded the economy with bad mortgages. Although ...

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Tesla’s growth story needs a new charge

Tesla Inc.’s stock is back in its $260-$270 hot-zone again April 11, falling on news that a key supplier is taking things down a notch. Panasonic Corp. and Tesla are reportedly “tempering expansion plans” at the Gigafactory, the giant facility in Nevada that produces battery packs for the electric vehicle-maker. Panasonic supplies batteries and has invested heavily in the plant, ...

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