Economy

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Eurostar cancels trains due to flooded UK tunnels
Eurostar cancels trains due to flooded UK tunnels
by  AFP

At least 14 Eurostar trains were cancelled on Saturday after flooding in tunnels in southern England, stranding thousands of passengers just ahead of New Year's Eve. "We are working to fix the flooding in the tunnels."

Chinese appetite for Australian barley is back
Chinese appetite for Australian barley is back
by  AFP

Three years after steep Chinese tariffs halted imports of Australian barley as tensions between the two countries ratcheted higher, the grain is once again flowing freely. In response, Beijing slapped high tariffs on key Australian exports, including barley, beef and wine, while halting its coal imports.

Spanish PM appoints new economy minister
Spanish PM appoints new economy minister
by  AFP

Spanish Prime Minister Pedro Sanchez on Friday appointed Carlos Cuerpo, the head of the treasury, to be his new economy minister. Little known in Spain, Cuerpo worked closely with Calvino, 55, who served as economy minister since Sanchez came to power in 2018.