Oil price ‘to remain low in 2016’
Craig TaylorThe oil price is unlikely to recover next year, according to the boss of French energy giant Total. BBC News – Business
Business
Greece approves austere 2016 budget
Greece’s parliament approves a budget for 2016 that includes sharp spending cuts and some tax increases amid economic recession. BBC News – Business
US economy adds 211,000 jobs
US jobs growth remained solid in November as the economy added 211,000 jobs, which could now signal a December interest rate rise. BBC News – Business
ECB moves to boost eurozone economy
The European Central Bank cuts its rate on bank overnight deposits, in an effort to encourage lending by banks, and extends its bond-buying stimulus programme. BBC News – Business
Fifa sponsors demand reform overview
Five sponsors of football’s world governing body Fifa write to its executive committee to demand “independent oversight” of reforms. BBC News – Business
HS2 section ‘to open six years early’
The government has announced plans to open a section of the HS2 high-speed rail link between Birmingham and Crewe six years earlier than originally hoped for in 2027. BBC News – Business