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Davos elites struggle for answers as Trump era dawns

DAVOS, Switzerland - The global economy is in better shape than it's been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased.
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Britain's finance industry scales back EU market access demands

LONDON (Reuters) - Britain's finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products....
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Sterling bounces back vs dollar as 'Trumpflation trade' fades

LONDON (Reuters) - Sterling rose on Thursday from its lowest levels for almost 32 years -- excluding a "flash crash" in October -- with the dollar weakened by a lack of detail on President-elect Donald Trump's spending plans in his first news conference since his election....
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Oil sinks on supply worries; sterling drops on May comments

NEW YORK (Reuters) - Oil prices fell on Monday on fears that record Iraqi crude exports and growing U.S. output could undermine OPEC's efforts to reduce supply, while sterling slumped on comments by British Prime Minister Theresa May suggesting what could be an aggressive exit from the European Union....
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US trade deficit climbs to $45.2 billion in November

WASHINGTON (AP) -- The U.S. trade deficit in November rose to the highest level in nine months as imports of oil and other foreign goods increased, while American exports fell for a second month....
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German factory orders drop in November

BERLIN (AP) — German factory orders dropped sharply in November, offsetting some of the gains from the previous month....
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Trump targets Toyota over Mexico plant

Trump’s attacks on the auto industry are in keeping with his pledges to revive U.S. manufacturing. ...
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Qatar Airways confirms change to Airbus plane order

Doha (AFP) - Qatar Airways has renegotiated an order with Airbus to take delivery only of larger A321 planes, not A320s as originally planned, the Gulf carrier's chief executive said on Thursday....
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Bitcoin plunges as much as 20 percent as Chinese yuan soars

LONDON (Reuters) - A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an intriguing inverse relationship between the pair....
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Iran okays 29 companies for oil and gas projects

Tehran (AFP) - Iran has published a list of 29 major companies from Europe and Asia approved to bid for oil and gas projects after the lifting of sanctions over its nuclear programme....
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