Vedanta Resources’ share price leaps 15 per cent after the firm says it expects zinc production to rise and declares an interim dividend November 10, 2016 FTSE 250-listed metals group Vedanta Resources' share price rocketed more than 15 per cent today after the firm said it expected its zinc production to rise and declared an interim dividend. The figures Revenue at the India-based group dipped 15 per cent to $4.9bn (£3.9bn) in the six months to 30 September, while earnings before interest, tax, [...]
Theresa May woos Chinese vice-premier in London, pushing major investment projects November 10, 2016 Theresa May vowed to begin a "golden era" of relations with China as she welcomed overseas investors to the UK today. The talks are the latest in a series of annual summits between the UK and China, started by the former chancellor George Osborne. China invested over £3.8bn in the UK in 2014. Chinese contractor [...]
“I’m not in the camp of ‘the world’s about to come to an end'”: FTSE 100 private equity boss backs business to succeed after Brexit and Trump votes November 10, 2016 The chief executive of FTSE 100 investment group 3i believes Donald Trump and the Republicans can be a boost for business. Asked what impact President Trump would have on the company, Simon Borrows said: “Republican administrations tend to be good for business and good for the markets. So I’m not overly concerned about the impact [...]
Deloitte fined a record £4m by accountancy watchdog over audit of Aero Inventory November 10, 2016 Deloitte has been fined a record £4m by the accountancy watchdog for misconduct in its audit of AIM listed Aero Inventory in the run up to its administration in 2009. In particular, the Financial Reporting Council (FRC) claims the accountancy giant, along with partner John Clennett, fell short of the standard expected when auditing the company in [...]
Waitrose is changing the rules on free coffee at more stores November 10, 2016 Waitrose fans, brace yourselves. Especially if you're a commuter. A rule change to the supermarket's incredibly popular free coffee offer caused outrage among middle England in October, and now it will apply to even more stores. Read more: Most people are enjoying the John Lewis Christmas advert. A few aren't Kale-lovers in more locations will soon have [...]
Rental prices in London have fallen – except in these postcodes November 10, 2016 London rental price growth slowed down in the third quarter, new research has suggested – unless you live in the likes of St Paul's and Clapham, where things are getting a whole lot more expensive…. Research by SpareRoom found London's rental growth rose two per cent in the third quarter, compared with seven per cent last [...]
Edinburgh’s quality of life key to attracting talent from across the globe November 10, 2016 | City Talk They say home is where the heart is: where we feel comfortable, safe and free to explore our interests and dreams. Home can be four walls and a roof, a familiar serene landscape or a vibrant city. Home is good for the soul, but interestingly, recent research has also begun to explore the strong correlation [...]
Astrazeneca profits slide after increased competition, but warns on Trump victory November 10, 2016 AstraZeneca posted weak quarterly profits this morning, but big pharma companies are expected to benefit from a Trump presidency. The drugs giant said operating profit was down 29 per cent to $1bn but has pinned its hopes on new cancer treatments next year. The results Revenue in the last quarter declined four per cent [...]
The best cartoons after Donald Trump won the US election November 10, 2016 Donald Trump's victory in the US election has sent shockwaves around the world. Newspaper front pages showed mixed reactions to his win, but cartoonists have also shone with their creations in response to the news. Read more: European markets are up after Trump's win Matt from The Telegraph has done a great trio. The Times' Peter Brookes' [...]
11 times ‘The Simpsons’ accurately predicted the future November 10, 2016 16 years ago, an episode of "The Simpsons" predicted that Donald Trump would one day become US president. And this wasn't the only time the writers have managed to predict the future. "The Simpsons" has been running for over 25 years, so it's inevitable that some themes that crop up in the show might occur [...]