Britain’s retailers predict that 900,000 jobs in the sector — a third of today’s total — will disappear by 2025 as technology and the rising minimum wage reshape the industry. Retailers currently employ one in six British workers — about 3m people — and the sector accounts for a tenth of the economy. Source: FT
Gazprom has dodged a fine in the settlement of the seven-year-long antitrust dispute with the European Union (EU), after the Russian gas giant agreed to change market behavior and ensure competitive gas prices in Central and Eastern Europe. Source: Oil Price
Shell has made a large deepwater exploration discovery in the U.S. Gulf of Mexico, just 13 miles from its Appomattox project that is expected to start production by the end of 2019, the oil major said on Thursday. Source: Oil Price
France and Russia want to create a coordination mechanism between world powers to push ahead with finding a political solution in Syria, French President Emmanuel Macron said on Thursday. Source: France24
