London Report: Mining shares lift FTSE despite doubt over ECB September 2, 2014 BRITAIN’S top share index steadied near a two-month high yesterday, with some caution before the European Central Bank’s policy meeting tomorrow offsetting a rally in miners prompted by stronger metals prices. The blue-chip FTSE 100 index ended 0.06 per cent higher at 6,829.17 points after rising up to 6,849.28 points, the highest level since early [...]
New York Report: Dow Jones falls after a drop in crude oil prices September 2, 2014 US STOCK indexes ended mostly lower last night, retreating from records set the previous month, as falling crude oil prices dragged energy shares down and offset strong manufacturing data. The Dow Jones industrial average fell 30.89 points, or 0.18 per cent, to 17,067.56. The S&P 500 ended down 1.09 points, or 0.05 per cent, at [...]
Ebola food shortage: Sufferer escapes Liberian hospital to steal bread from crowded market September 2, 2014 Concerns over the shortage of food available for Ebola victims in West Africa have been put in the limelight by a YouTube video uploaded today. It shows an Ebola patient walking through a crowded market after escaping from a hospital in Liberia. He picks up a piece of bread from one of the stalls [...]
Space race take two? Putin speeds up building of Russian spaceport September 2, 2014 Russia has upped its game in the race to become a space superpower. Today, President Vladimir Putin announced that he was hastening Russia's efforts to build a multi-billion dollar spaceport in the East of the country. Since the collapse of the Soviet Union in 1991, Russia has relied on the Baikonur cosmodrome in [...]
Premier League net spend: Which club makes the most money? September 2, 2014 The Premier League’s net spend of £438m in this summer’s transfer window is a new record, as clubs splashed the cash like never before. In total clubs spent a massive £889m on new players and earned £451m through player sales. Manchester United topped the spending charts, shelling out £169m on new signings, while [...]
Ukraine will need a much bigger bailout to stabilise economy, IMF says September 2, 2014 As the crisis in the east of Ukraine continues to harm the nation's economy, The International Monetary Fund (IMF) has warned that a much bigger international bailout will be needed than was originally planned. In a review of the already agreed $16.7bn standby facility, the fund described the figure as being built on “totally [...]
Crisis, what crisis? Southampton are the Premier League’s biggest transfer window earners September 2, 2014 After a record-breaking transfer window in which £889m was spent by Premier League teams, Southampton stand out as a club apart. The excessive fees, star names and lavish splurges may have stolen the headlines yesterday, yet while the rest of the league was busy racking up a total net spend of £438m, Saints made a [...]
Halliburton finally settles Gulf of Mexico lawsuits September 2, 2014 For those living in New Orleans and the cities around it, the six months between the blowout of the Deepwater Horizon well in the Gulf of Mexico well and it being declared officially "sealed" may have seemed like an age – but that was nothing compared to the length of the ensuing legal wrangles. Now [...]
If Islamic State can prove a “true caliphate”, Taliban fighters will join September 2, 2014 Fighters from a militant Islamic group in Afghanistan have said they would consider joining forces with the Islamic State (IS). The Hezb-e-Islami group is allied to the Taliban, and its commander Mirwais told the BBC that if IS can prove a true Islamic caliphate, they would link up with it. Referring to IS [...]