Hot Off The Wires - 6 January 2020
The assets held in exchange traded funds in Europe surged beyond the $1 trillion mark for the first time as disenchantment with stockpickers grows.
France has warned that the EU will retaliate if US tries to impose “highly disproportionate” trade tariffs in response to its digital tax on the likes of Google and Amazon.
Boris Johnson will urge Ursula von der Leyen, president of the European Commission, to push on with trade talks when he meets her at No 10 on Wednesday. The prime minister is being urged by some ministers to conduct trade talks with the European Union and the United States in parallel. They argue that doing so would give Britain more leverage in negotiations with Brussels.
Oil prices were expected to surge this week after the threat of retaliation for the assassination of Iranian general Qassem Suleimani sent prices up 3.6%.
BP has set up a subsidiary over the past year to create five $1bn businesses by 2025 in an attempt to tackle what the UK oil and gas major calls the “dual challenge” of providing more energy with fewer carbon dioxide emissions.
Developed so that it can last for up to a year what type of fruit is a Cosmic Crisp?