British PM Sunak faces new demands from his fractious party

Newsletter Dec 12, 2022 [ International Business Times]( [British PM Sunak faces new demands from his fractious party]( British Conservative politicians on Sunday launched two campaigns to address concerns about the direction of the party and the government, the latest challenge to new Prime Minister Rishi Sunak's attempts to unite a fractured party. [UK defends new post-Brexit finance reforms]( The government has already said it plans to lift a cap on bankers' bonuses, and to require UK regulators to prioritise growth and competitiveness, alongside market stability. [Learn more about Jeeng]( [Britain eyes trade agreements with California, Utah]( Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a U.S. [Oil prices climb on uncertainty over keystone pipeline restart, Russian supplies]( Oil prices rose more than 1% in early Asian trade on Monday as a key Canada-United States crude pipeline stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation against a Western price cap on Russian oil exports. [Dollar rises as inflation pressures persist; FOMC meeting in focus]( The dollar firmed on Monday after data showed producer prices in the United States rose more than expected last month, pointing to persistent inflationary pressures and stoking fears the Federal Reserve would need to keep rates higher for longer. [Explainer-How Britain is exploiting Brexit to reform finance?]( Britain proposed over 30 reforms on Friday to bolster the City of London's role as a global financial centre, now outside the European Union and facing competition from Amsterdam, Paris and Frankfurt, as well as New York and Singapore. [Toyota to outline 3-year EV plan changes to suppliers -sources]( Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said. [Cash crops: Dutch use bitcoin mining to grow tulips]( The Netherlands is the world's biggest tulip producer and also the second biggest agricultural exporter overall after the United States, with much grown in greenhouses. [Analysis-European food delivery shapes up with Getir's Gorillas buy]( Grocery-in-minutes company Getir's $1.2 billion deal to buy rival Gorillas is an important step toward consolidation in Europe's food delivery market, where companies are struggling amid a post-COVID slowdown. [Exclusive-Air India nears historic order for up to 500 jets -sources]( Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday. [Russia drones smash power network in Ukraine's Odesa, leaving 1.5 million without power]( All non-critical infrastructure in the Ukrainian port of Odesa was without power after Russia used Iranian-made drones to hit two energy facilities, leaving 1.5 million people without power, officials said on Saturday. [UK sentences head of Kurdish people-smuggling gang to 8 years' jail]( Kurdish criminal groups control the increasingly lucrative cross-Channel illegal migration routes using both lorries and, more recently, small boats, according to the NCA. [Canada prepares to expand assisted death amid debate]( Canada is preparing to expand its medically assisted death framework to become one of the broadest in the world, a change some want to delay due to concerns vulnerable people have easier access to death than to a life without suffering. You Might Like [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2022 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.