finance

$50 oil is here to stay if OPEC sticks to its deal

It was a roller coaster year for oil prices. And little wonder. Iranian oil flooded onto world markets after sanctions were lifted, OPEC squabbled over production levels and then ended the year with a rare…





Pfizer fined record £84.2m over NHS overcharging

Drugs giant Pfizer has been fined a record £84.2m by the UK’s competition regulator after the price charged to the NHS for an anti-epilepsy drug was hiked by up to 2,600%. The Competition and Markets…



Swiss reject quick exit from atomic power

ZURICH (Reuters) – Swiss voted in a referendum on Sunday to reject a speedy exit from the nation’s five nuclear power plants, as concerns over losing energy independence outweighed safety worries raised by the measure’s…


Sanctuary cities risk billions in defiance of Trump

New York. Santa Fe. Chicago. Some of America’s largest cities say they are going to remain so-called sanctuary cities even though they risk being cut off financially by the federal government once Donald Trump takes…