Bloomberg California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for too long for a second time this month, arguing the threat alone is helping clear lingering boxes from space-constrained terminals. The plan to charge carriers at least $100 daily for each container waiting nine days or more for trucks to ...

Bloomberg Poland will temporarily cut taxes on household energy bills in a bid to help the central bank stem surging inflation that has become a major concern for the nationalist ruling party’s electorate. The government rolled out a 10-billion-zloty ($2.4 billion) plan to lower the value-added tax on electricity and gas for three months from January. It will also reduce ...

Bloomberg The UK’s booming property market is headed for a slowdown as a squeeze on living standards and rising interest rates sap demand, according to Nationwide Building Society. The average price of a home rises 0.7% in October, the mortgage lender said, even after the ending of a temporary tax cut imposed by the government last year. Economists had expected ...