Recent Posts

UK jobs market shows resilience for now against Brexit fallout

  Bloomberg Britain’s labor market isn’t cracking under the weight of Brexit yet. Companies added 172,000 jobs in the second quarter and the unemployment rate held at 4.9 percent, showing resilience in the buildup to the June 23 referendum when the UK decided to quit the European Union. While the data available for July—after the vote—are more volatile, they show ...

Read More »

Russia halts sale of stake in Bashneft oil firm

  Moscow / AFP The Russian government has unexpectedly halted the sale of its stake in oil producer Bashneft planned as part of a privatisation drive to shore up dwindling financial reserves, reports said Wednesday. The decision to postpone the sale indefinitely, reportedly taken by Prime Minister Dmitry Medvedev and agreed with President Vladimir Putin, came after the economy ministry ...

Read More »

Poland brings wind works to standstill with $131mn at risk

  Bloomberg Poland’s law restricting the proximity of turbines near homes is bringing the wind-energy industry to a standstill, according to environmental researchers. At stake are more than 500 million zloty ($131.4 million) spent by investors to date on developing wind projects, according to a survey published on the website of Ambiens sp. z o.o. Environmental consultants last month polled ...

Read More »
Send this to a friend