Bloomberg UK Chancellor of the Exchequer Philip Hammond will seek the public’s view on how the country can be a leader in reducing plastic waste. Suggestions will be sought on how the tax system can be used to encourage new technology and bring about behavioral change required to cut the usage of single-use plastics, the Chancellor said. The consultation will ...

Bloomberg The US labour market still has plenty of room to run. That’s the message from government data on March 10, which gave multiple indications America’s jobs situation isn’t as tight as previously thought, sending stocks and bond yields higher. Employers added the most workers since mid-2016, the participation rate rose by the most in almost eight years despite downward ...

Bloomberg China’s parliament voted to repeal presidential term limits, allowing President Xi Jinping to keep power indefinitely in a formal break from succession rules set up after Mao Zedong’s turbulent rule. All but five of the almost 3,000 National People’s Congress dep-uties present on Sunday supported the measure to strike a constitutional provision barring the president from serving more than ...

Bloomberg Italy’s ruling party will discuss whether it should play the role of potential kingmaker following its defeat in inconclusive elections a week ago as it plots a course forward without former Prime Minister Matteo Renzi. The Democratic Party’s leadership will meet in Rome on Monday to acknowledge the resignation of Renzi, its general secretary. It will also begin discussion ...

Bloomberg US President Donald Trump’s apparently impromptu decision to begin setting up talks contrasts with Kim’s situation — North Korea has prepared deliberately for decades for a meeting with the sitting US president as a major step towards gaining international legitimacy. Leaving the White House for a rally in Pennsylvania, Trump told reporters that “We’re doing something very special. We ...

Bloomberg Romania’s de facto leader strengthened his grip on power by helping elevate an ally to a pivotal post within the ruling party. Social Democrat boss Liviu Dragnea’s proposal to make Prime Minister Viorica Dancila executive president was approved by the party’s congress, which is usually convened every four years, after two other candidates withdrew before the vote. The move ...

Bloomberg Presidential elections in Sierra Leone will probably go to a second round as the two main political parties remain neck-and-neck with half the votes counted. The count of 50 percent of the ballots showed that the ruling All People’s Congress got 566,113 votes, while the main opposition Sierra Leone People’s Party obtained 564,687 votes, according to the National Electoral ...

With moderate economic adviser Gary Cohn set to exit the White House, and US President Donald Trump reportedly mulling broad curbs on imports from China, fears of a 1930s-style trade war are spiking. Indeed, for the past several months, a potential US-China trade battle has ranked as one of the key macro investment risks of 2018. Given Trump’s predilections and ...

If it’s truly serious about cars, Apple Inc. should buy Aston Martin Holdings Ltd. This may sound wacky, but bear with me. For the prestige British carmaker, there’s clear mileage in the idea. Its owners are already planning an initial public offering and its CEO wants a “big brother” partner to help him keep pace with autonomous vehicle projects at ...

No one associates insurance with fireworks. The same goes for the preference share market. Mix them together, though, and the results are combustible — and will have far-reaching consequences. Aviva Plc this week lobbed a rocket at its preference shareholders. The UK insurer will consider cancelling its “irredeemable” preference shares and paying back investors at par value — about 450 ...