EMEA WEDNESDAYS

GEOPOLITICAL RISK+GLOBAL MARKETS

EMEA MARKETS - IMPACT+OPPORTUNITY

GLOBAL BUSINESS

One year after MiFID II, European stocks coverage falls Asset managers have been unwilling to pay as much for research following the introduction of MiFID II rules forcing many brokers in Europe to scale back their coverage of small- and medium-sized companies. -Reuters

Ex-far right leader registers ‘Yellow Jackets’ as trademark Florian Philippot wants to lead a ‘half Patriots, half Yellow Jackets’ list of candidates for the EU election. -Politico.eu

Uber drivers are entitled to workers’ rights, Court of Appeal says in landmark gig economy ruling -The Independent

UK minister defends giving Brexit ferry contract to company with no ships -Reuters

Fishing: New EU rules could have 'grave' impact on UK industry -BBC

Austria to implement digital tax for tech giants Austria has vowed to tax tech giants, following France's new levy on the so-called GAFA companies: Google, Apple, Facebook and Amazon. The EU has been trying to implement a bloc-wide policy on the matter. -Reuters

‘I Have Seen Many Crises’: Steel Magnate Stands Firm as Turmoil Hits Turkey Despite being hurt by inflation, a falling currency and import tariffs imposed by the Trump administration, Fuat Tosyali, a Turkish industrialist, plans to expand production. -NYT

Netflix removes Hasan Minhaj comedy episode after Saudi demand The second episode of Patriot Act With Hasan Minhaj was removed following a legal demand, which reportedly said it violated a Saudi anti-cybercrime law. -BBC

Qatar Airways acquires 5 percent of China Southern Airlines -Reuters

GLOBAL MACRO

The unexpected moneymaker in 2018: euro zone government bonds -Reuters

EU, Mercosur aim to make world's biggest trade bloc by end of 2019 The EU and Japan will soon become the world's biggest free trade area. But this record might be short-lived with Brussels chasing a deal with South America's Mercosur, EU's Cecilia Malmström has said. -DW

Italy budget: Parliament passes budget after EU standoff -BBC

British Gas owner Centrica launches legal challenge to energy price cap Supplier seeks judicial review of Ofgem’s ceiling cost for standard variable tariffs -The Independent

Qatar endures economic blockade with aplomb Eighteen months after a Saudi-led blockade was imposed, Qatar isn't just moving on but planning to move ahead. The desert country shows it has the gumption — and the money — to brook frosty relations with its neighbors. -DW