Stock markets have retreated again over worries of further US interest rate rises after the Federal Reserve defied Donald Trump to increase rates for the fourth time this year.

The EU has confirmed it is “actively investigating” a potential breach of its diplomatic communications network, following reports that secret cables had been stolen by hackers.

The Bank of England has welcomed a “crucial and positive” move by the EU to help keep a key part of the financial system functioning in the event of a “no-deal” Brexit.

A handful of banks will be forced to write multimillion pound cheques to buy shares in the construction giant Kier Group after some of its biggest investors snubbed the chance to take part in a £250m fundraising.

GlaxoSmithKline (GSK) is to merge its consumer healthcare unit with that of rival Pfizer, to create a new market leader with almost £10bn in annual sales.

 

Santander has been fined more than £30m for “serious failings” in processing the accounts of dead customers, the Financial Conduct Authority (FCA) says.

EDUCATION TOP STORIES

Students in France protest the education system

Students-in-France-protest-the-education-system

High-schoolers in the nation have shown solidarity with students who were brought to their knees, their hands tied, in a earlier protest

High school students in Paris once again took to the streets to protest French President Emmanuel Macron’s educational policies. Hundreds of students gathered along Descartes Street and walked towards Republic Square chanting anti-Macron slogans in a protest organized by student unions.

Showing solidarity with students who two weeks ago were brought to their knees by the police, and their hands tied, the students protested in the same posture.The high school pupils have been staging protests for around two weeks in various cities throughout the country.

During last week’s “Black Tuesday” protests, some 450 high schools were totally or partially closed across France.

On December 5 and 6, over 700 students were arrested during nationwide demonstrations.

Since November 17, France has seen demonstrations by thousands of people protesting the economic squeeze on the middle class.

The demonstrators wearing bright yellow vests — dubbed the Yellow Vests — have been gathering in major French cities, including Paris.

According to a recent survey, 84% of the French people — mostly from the middle-income group — support the protests.

The Yellow Vest protests started in France but spilled over to other European countries, including Belgium and the Netherlands.

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