The City has “huge concern” over the Brexit political debate being dominated by tariffs and goods rather than the UK’s majority services sector, a shadow minister has said. Labor’s Jonathan Reynolds said that any deal which does not cover services “is clearly a very bad deal for the UK”, noting that there was a “fairly hard ball position being played by the EU”.
Argentina is set to expand fresh beef exports to Asia, with Japan and China having already approved import deals, the country's agriculture minister said. Luis Miguel Etchevehere in Tokyo said that Argentina has signed a deal with the Japanese government under which Tokyo will authorize imports of fresh beef from Argentina by late July. His country has also inked a beef export agreement with Beijing.
The most prominent driver of oil prices over the next two years is not likely to come from OPEC, Iran or Venezuela, but rather in the shape of a shipping revolution, analysts have warned. New rules coming into force in approximately 18 months' time are seen as a source of great concern for some of the world's biggest oil producers.
New Zealand, which produces three percent of the world’s milk, announced this week its plan to cull about 150,000 cows to eradicate the disease Mycoplasma bovis. The largest mass animal slaughter in the country’s history will cost some US$ 612 million. If successful, it would be the first time an infected country has eliminated the disease-causing bacteria.
French entrepreneur and politician Serge Dassault has died at the age of 93, his family has said. Mr Dassault led the Dassault group after his father, Marcel's, death in 1986. The group has numerous firms in aeronautics and armaments and owns the French newspaper, Le Figaro.