Business

Spain finds its comeback kid in new leader Pedro Sanchez

Spain finds its comeback kid in new leader Pedro Sanchez

Spanish Prime Minister Mariano Rajoy admitted defeat on Friday ahead of a no-confidence vote which was certain to topple him, paving the way for a takeover by opposition leader Pedro Sanchez, his arch rival. The fragmented parliament means he will also find it hard to row back on structural reforms passed by his predecessor, including new labour laws and cuts in healthcare and education.


Stock markets reverse course and surge as Italy fears fade

Stock markets reverse course and surge as Italy fears fade

DJI rose 306.33 points, or 1.26 percent, to 24,667.78, the S&P 500 . SPX gained 34.15 points, or 1.27 percent, to 2,724.01, and the Nasdaq Composite . Shares fell in Southeast Asia and Taiwan. ENERGY: Benchmark U.S. crude plunged $1.31, or 1.9 percent, to $66.57 per barrel in electronic trading on the New York Mercantile Exchange.


Celebrate National Doughnut Day with free doughnut offer

Celebrate National Doughnut Day with free doughnut offer

Here's a list of eight deals taking place in the Beehive State. A bit surprisingly, the unofficial holiday did not originate with an enterprising doughnut-seller looking for a creative way to drive business. Also at Alabama Dunkin' locations , from 5 a.m. through 11 a.m., local law enforcement and Special Olympics Alabama representatives will be onsite to welcome guests and collect donations toward Special Olympics Alabama.


Facebook scandal and GDPR create new opportunities for companies

Facebook scandal and GDPR create new opportunities for companies

My consent to the terms of service was not freely given: I was told I'd have to delete my account if I disagreed with anything in the document. Instead, GDPR is a warning shot that you have to take people's privacy seriously. Earlier this year, a study by FSB discovered that around two thirds of smaller businesses had either not started or were only in the beginning stages of GDPR preparation.


Italy's 'fate' Not Dictated by Financial Markets: EU's Juncker

Italy's 'fate' Not Dictated by Financial Markets: EU's Juncker

Carlo Cottarelli , the former International Monetary Fund official chosen by President Mattarella to head this government, would likely have stepped down if he'd failed to gain parliamentary approval, then stayed in place as a caretaker until a fresh election.


Forget China: US jumps headlong into trade war with allies

Forget China: US jumps headlong into trade war with allies

I think everybody will get over this in due course ", he said . "It's hard to see how the United States is going to come out well from this whole exercise". The Dow sank 200 points on Thursday when Trump confirmed that the steel and aluminum tariffs would hit Canada, Mexico and the EU. "The UK and other European Union countries are close allies of the United States and should be permanently and fully exempted from the American measures on steel and aluminium", Britain said in a ...