News 

XPO Logistics expects 750,000 European home deliveries for 2018

“The company told Reuters its projected volume ahead of an announcement on the service expected later on Thursday” reports businessinsider.com. XPO has used rapid-fire acquisitions to grow from a $175 million truck brokerage company in 2012 to a $15.38 billion freight and logistics behemoth, but its European expansion, for now, is being built organically. Source: businessinsider.com Share This:

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Mishandling of spent nuclear fuel in Russia may have caused radioactivity to spread across Europe

“The estimated amount of radioactive ruthenium released could only have come from processing several tons of spent nuclear fuel, IRSN says” writes Edwin Cartlidge for sciencemag.org. And in any case, he adds, “major operations” on the spent fuel at Mayak were done in late October 2017, after the ruthenium release.Now, scientists at the French Institute of Radioprotection and Nuclear Security (IRSN) in Paris say the isotope may have been released from the Mayak nuclear facility near Ozyorsk in southern Russia.Spent fuel is normally cooled for up to a decade before…

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Crypto News 

Europol Claims $5.5bn Worth of Criminal Proceeds…

“In a way, it is not suited for criminal activity in the slightest” writes Jp Buntinx for livebitcoinnews.com. Any transaction identified as criminal activity can’t even be frozen either.A new report by Europol does show criminals in Europe are flocking to cryptocurrencies.It is expected there is $5,5bn in money waiting to be laundered through various cryptocurrencies. Source: livebitcoinnews.com Share This:

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Oracle to open 12 new datacenter regions to expand its cloud business

“The company said that as it expands its cloud business, it expects margins to to expand as well” writes Reporter Editor for marketwatch.com. ORCL, +1.90% said it was opening 12 new datacenter regions as it expands the breadth and depth of its cloud business in Asia, Europe and the Americas. The stock, which was indicated up about 1% in premarket trade, has lost 3.2% over the past three months while the S&P 500 SPX, +1.49% has gained 1.4%. Source: marketwatch.com Share This:

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GBP News 

Ford has applied for German banking license due to Brexit: Frankfurter Allgemeine

“FRANKFURT (Reuters) – U.S. carmaker Ford has applied for a banking license in Germany to ensure its car financing business can continue on the continent once Britain leaves the European Union, a German newspaper said” reports businessinsider.com. The application was filed with Germany’s financial watchdog BaFin last summer, Frankfurter Allgemeine Zeitung (FAZ) reported, adding Ford was looking to hire about a dozen extra staff as part of the expanded banking business.Should Britain leave the EU as planned, Europe’s banking supervision might no longer permit Ford to steer its car financing…

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U.S. workers want more money. Many Europeans just want more free time.

“If fewer Germans accept better pay rises or full-time positions, there could also be less money around to spend” reports washingtonpost.com. Workers can now work less hours — for less money — if they want.While many employees will happily accept such a working hours reduction, the agreement also allows them to work more hours if they so desire.This week’s working hours reduction in Germany is not comparable to those experiments, however. Source: washingtonpost.com Share This:

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News Platforms 

Amazon Business Adds Another EU Market To Roster

“Amazon Business also has a partnership with spend management company Coupa; customers using Coupa can access the Amazon Business Marketplace from directly within the Coupa platform” reports pymnts.com. Amazon Business, the B2B commerce unit of Amazon, has launched in France, the company said on Wednesday (Feb. 7).In addition to procuring goods, Amazon Business offers a platform with invoice payment capabilities, customizable catalogues and other features aimed at enhanced management of the procure-to-pay process. Source: pymnts.com Share This:

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GBP News Stocks 

UBS: British stocks are the cheapest in Europe — but investors should steer clear

“UK is the cheapest country in Europe at the moment, driven by excess dividend yield,” Olney writes” writes Will Martin for businessinsider.com. “The dividend yield the UK it pays is currently just over 4% and today Europe pays 3.5%.”. “The lack of transparency and visibility with Brexit makes it hard to have conviction either way,” on whether to buy UK stocks, Olney writes.While UK stocks look very cheap on a dividend yield basis, when it comes to their price-to-book ratio and price/earnings ratios  — two key valuation measures — stocks…

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China is building up its military and European arms dealers could start cashing in

“Turning to China, the dynamic regarding access to European military technology has completely changed over the past five years” reports businessinsider.com. As Asia is arming, Europe is selling equipment to states in the Indo-Pacific while maintaining strict restrictions on transfers of military technology to China.Europe is not an offshore balancer in the Indo-Pacific and has so far avoided attaching clear strategic goals to arms transfers. Source: businessinsider.com Share This:

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Man Utd dominant in Europe? England kings of the world? How Munich…

“Imagine a world in which England were spoken about in the same terms as the greatest of all Brazil sides” writes Sporting News for sportingnews.com. The Munich air crash of February 6, 1958 left an indelible mark on the football world. That is the world we lost when the Munich tragedy robbed 23 people of their lives, and Manchester United and England of their most treasured of teams. Source: sportingnews.com Share This:

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