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New Caledonian residents decide to stay French after referendum

  Bloomberg Residents in New Caledonia, an archipelago in the strategic waters of the Pacific, have voted overwhelmingly to remain a French territory, in a victory for French President Emmanuel Macron. More than 96% voted against independence from France, state-run AFP news agency reported. Turnout was low, however, after indigenous pro-independence leaders called to boycott the referendum, which meant to ...

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Former Trump trade aide Navarro gets subpoena warning from panel

  Bloomberg Former White House trade adviser Peter Navarro was warned he’ll be considered in “willful noncompliance” with a Congressional subpoena if he fails to testify to a House panel investigating the Trump administration’s response to the Covid-19 pandemic. Representative James Clyburn, the committee’s chairman, didn’t specify possible consequences in a letter to Navarro. Navarro told the panel in a ...

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UK companies call for relief as PM’s Plan B set to cost billions

    Bloomberg UK business groups called for government support after Prime Minister Boris Johnson announced restrictions to curb the spread of the omicron variant, which Bloomberg Economics estimates could cost the economy as much as 2 billion pounds ($2.6 billion) a month. In remarks following Johnson’s televised address to the nation, business groups said the measures, which include advice ...

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