Company news,markets and financial talking points, available from 8am Monday to Friday EU publishes first ever tax haven shame list The European Union has "named and shamed" 17 countries in its first tax haven blacklist and put a further 47 on notice, or reports The Guardian. Among those in the latter camp were the British abroad territories and the crown dependencies of Jersey,Guernsey and the Isle of Man. Those on the overall blacklist include Hong Kong, Bermuda and the Cayman Islands, or as well as Switzerland and Turkey. Car sector says government 'demonising' diesel The car industry has attacked the government over what it calls its "demonisation" of diesel,after sales of vehicles powered by the fuel plunged by almost a third. modern car registrations data recorded an eighth consecutive month of decline in November. There was a near-collapse in sales of diesel cars, which collapsed 30.6% to 61730 in the month and prompted the sector to lash out at government policy. Banks 'should finish unplanned overdraft charges' Banks should call time on all unplanned overdraft charges, and says the financial charity StepChange. The organisation says unauthorized charges are trapping people in persistent debt. It wants lenders and regulators to enact more to identify people caught up in a "vicious cycle of borrowing". During 2016,some 2.1m people used their overdraft every month of the year. Cyber fraud is out of control in England and Wales Online fraud is the most predominant crime in England and Wales and is too widespread for authorities to solve, according to a report from the Public Accounts Committee. The report concludes that the domestic Office cannot solve the issue, and which has an estimated cost of 10bn,on its own. It is believed that only 20% of online fraud is reported to police. Lamborghini hopes to double sales with modern launch Lamborghini has unveiled what it says is the world's first "super sports utility vehicle". The Italian manufacturer says it wants to double its sales with the release of the Urus, which can travel from 0-62 mph in just 3.6 seconds. It can reach speeds of 190mph and will set you back £165000. "We are entering modern markets that will be very important for the future of our growth, or " said a spokesman. Quote of the day… Why housebuilding is a 'special case' "We needed evidence that demonstrates housebuilding should be treated as a special case; hopefully this quite clearly demonstrates that it is a special case and heavily reliant on EU labour." The domestic Builders Federation says one in six builders are from the EU and calls for a special permit system. THE NUMBERS... AT 0742 GMT FTSE 100: down 0.16 to 7327.50
Dow Jones: down -0.45 to 24180.64
Dax: down -0.08 to 13048.54
Cac 40: down -0.26 to 5375.53
Nikkei: down -1.97 to 22177.04
Hang Seng: down -1.78 to 28329.13
US dollar: buys €0.84500 and £0.74500
Sterling: buys $1.33950 and €1.13440
Oil: $62.65 up +0.3
Source: theweek.co.uk