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Brexit campaigners reject Carney’s plan for EU ‘buffer’

  Bloomberg Leaders of the campaign for Britain to quit the European Union rejected a plan reportedly being devised by Bank of England Governor Mark Carney to negotiate a “buffer” to allow companies to adjust to the UK leaving the bloc. Former Justice Secretary Michael Gove, who failed in a bid to lead the Conservative Party after David Cameron quit ...

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Germany’s KfW to agree on €1.2bn Iran rail loan

  Bloomberg Germany agreed to provide Iran with a 1.2 billion euro ($1.27 billion) credit line to help finance a rail project , according to an official at the Central Bank of Iran. The facility — through state-run lender KfW IPEX — will help fund the development of the Tehran to Mashhad railway, the official said, asking not to be ...

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Swiss reject plan to speed up exit from N-energy

  BERLIN / AP Swiss voters rejected a plan to force their government to accelerate the country’s exit from nuclear energy in a referendum Sunday, turning down an initiative that would have seen the last plant shut in 2029. A majority of cantons (states) voted against the plan. Under Switzerland’s direct democracy system, proposals need a majority of both cantons ...

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