Opposition leader Juan Guaido on Wednesday swore himself in as Venezuela’s rightful commander-in-chief in direct challenge to President Nicolas Maduro, who faces growing international criticism for undermining democracy.
Saudi Arabia has barred five Brazilian chicken processing plants from exporting to the Middle Eastern country, leaving 25 with valid export permits, Brazil’s meat trade association ABPA said, citing “technical” reasons. The Saudi move threw up a fresh hurdle for top exporter BRF SA and its rivals just a day after an anti-dumping dispute with China was resolved.
The British government will remain committed to funding peace and reconciliation in Northern Ireland regardless of Brexit, the prime minister has said. Theresa May made the pledge in a letter to reassure the DUP. It comes amidst strains in the relationship over the border backstop.
European Union fishermen will be eligible for compensation if the UK blocks access to its fishing waters in the event of a ‘no deal’ Brexit, the European Commission confirmed on Wednesday. The EU executive tabled an amendment to its rules on the European Maritime and Fisheries Fund, which provides financial support to coastal communities and fishermen, enabling them to be compensated if the UK prevents them from fishing its waters.
Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on changes in how customers are choosing to carry out their banking. It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.
Senior Barclays bankers paid Qatar £322m in secret fees during the financial crisis in return for bailout funds, a court heard on Wednesday. The case against four former executives has been filed by the UK's Serious Fraud Office over Barclays' £11.8bn rescue.
Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.
British Airways going back to the future and painting four of its aircraft in colors schemes from its past as part of its 100-year birthday this year. First aircraft, a BOAC-liveried Boeing 747, reg: G-BYGC, will arrive back at Heathrow from the paint factory on February 18 to enter the airline’s flying schedule.
Juan Guaido has declared himself president of Venezuela — a move quickly endorsed by several Latin American countries, as well as Canada and the United States. Just two months ago, many people around the world, and even inside Venezuela, may not have known Guaido's name.
First Minister Nicola Sturgeon and Prime Minister Theresa May have met for talks in London after clashing over a second Scottish independence vote. The Downing Street summit was part of what Mrs. May called an “enhanced role” for the Scottish government in Brexit.