UK Parliament blocks Brexit vote on Boris Johnson deal

Trade war could shift its focus to the US and Europe: Jon Hilsenrath Wall Street Journal senior writer Jon Hilsenrath discusses Brexit and the US-China trade negotiations. The speaker of Britain's House of Commons has rejected the government's bid for a new vote on its Brexit divorce deal, in a blow to Prime Minister Boris Johnson's plan to take the […]

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Westpac loosens clamps on interest-only loans for investors

Westpac will allow property investors to take out interest-only loans with smaller deposits than it previously demanded, as the country's biggest lender to landlords seeks to lift its mortgage growth. In the latest move by a bank to target the recovering property investor market, Westpac is raising the maximum loan-to-valuation ratio (LVR) for interest-only loans to property investors to 90 […]

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Booming Green Power Still Not Enough to Meet Climate Targets

Electricity capacity from renewable energy is set to expand by as much as 50% in the next five years, bolstered by government support and falling costs. But more would be needed to slow down warming of the globe. Those gains represent an increase of about 1,200 gigawatts from 2018 to 2024, equal to the total installed capacity in the U.S., […]

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The Latest: Irish PM: No guarantee EU would grant extension

Image 1 of 2 Irish Prime Minister Leo Varadkar arrives for an EU summit in Brussels, Thursday, Oct. 17, 2019. Britain and the European Union reached a new tentative Brexit deal on Thursday, hoping to finally escape the acrimony, divisions and frustration of their three-year divorce battle. (Julien Warnand, Pool Photo via AP) The Latest on Brexit (all times local): […]

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