Bloomberg Argentina tightened currency controls after the opposition’s Alberto Fernandez won the presidential elections. The central bank will restrict dollar purchases by savers to buy just $200 per month compared with the $10,000 per month previously, according to a central bank statement. The move looks to preserve international reserves during the political transition which will culminate in the handover on ...

Bloomberg UK retailers built up stocks by the most since the 1980s in anticipation of leaving the European Union at the end of the month, a report from the Confederation of British Industry (CBI) showed. The proximity to Christmas and ongoing Brexit uncertainty are the main drivers, the CBI said. Retail sales volumes and orders fell in the year to ...

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa), confirmed that the energy used during Expo 2020 Dubai will be 100 percent generated from renewable sources. Dewa, which is building smart grids for the generation, transmission, and distribution systems to Expo 2020, has implemented a number of mega projects, including providing Expo 2020 with 422MW of renewable energy from the ...