Anglo American’s overall output is up, but copper production continues to struggle January 26, 2017 Anglo American said overall output had increased across its mines in the fourth quarter, but lagging copper production continued to drag the mining giant down. Shares initially fell in morning trading but now remain broadly flat. Copper production decreased by 19 per cent to 146,600 tonnes for the fourth quarter ended 31 December, mostly at its Los Bronces mine due [...]
Jeremy Corbyn confirms he will order Labour MPs to back Article 50 Bill January 26, 2017 Labour leader Jeremy Corbyn has confirmed that he will order his MPs to support the recently published bill granting Prime Minister Theresa May the power to launch Brexit talks. Corbyn has previously suggested he would "ask" Labour MPs to support the legislation, but he has now gone one step further, making clear that voting against [...]
Three major changes Facebook’s made to trending topics in the fight against fake news January 26, 2017 Facebook has made some major changes to the feature which shows users what topics are trending after serious accusations of bias and amid the wider debate around fake news. The list of topics will no longer be personalised to users' interests, and will instead be based upon their location. Read more: Facebook steps up fake news [...]
Nissan hails bumper year for car production as Qashqai drives sales January 26, 2017 After providing a boost to the government post-Brexit vote, Nissan has now sounded a positive note over its 30th anniversary in the UK. It has said its 2016 UK car production figures of 507,430 vehicles were the second highest in its Sunderland plant's history. And it's giving a thumbs up for the near future too, saying 2017 [...]
Shell has won its legal battle over oil spills in the Niger Delta January 26, 2017 Royal Dutch Shell today won a High Court decision in which the English court said it does not have jurisdiction to rule on claims against the company's Nigerian subsidiary. UK solicitors Leigh Day brought oil spill claims against the Shell Petroleum Development Company of Nigeria (SPDC) on behalf of the Ogale and Bille communities in the Niger Delta in 2015, while also filing claims [...]
Who bought who? The biggest deals made so far this year revealed… January 26, 2017 So this morning Johnson & Johnson bought Europe's biggest healthcare firm in a $31bn (£23.7bn) transaction in what was the biggest M&A deal announced so far in 2017. Which are the other big deals made this year? Dealogic has a handy list: 1. Actelion Acquiror: Johnson & Johnson Deal Value: $31.3bn 2. Luxottica Group SpA Acquiror: [...]
Spain unemployment falls to lowest since 2009 January 26, 2017 Unemployment in Spain has fallen to its lowest point since 2009, as the economy continues its slow recovery. The jobless rate fell to 18.63 per cent in the fourth quarter of 2016, capping a fall in unemployment of more than two percentage points over the year, according to Spain’s National Institute of Statistics (INE). This [...]
The government really wants more people to cycle and walk to work – so it’s investing £64m to encourage them January 26, 2017 The government is keen to see people get their Lycra on and get pedalling. Transport Minister Andrew Jones has announced £64m will go towards encouraging people to cycle and walk, supporting local projects over the next three years. It forms part of a wider government package of more than £300m to boost walking and cycling [...]
Tory infighting might be holding back the housing white paper January 26, 2017 The government's housing white paper has been repeatedly delayed – and infighting within the Tory party might be to blame. Prime Minister Theresa May has reportedly turned the policy document away because it wasn't substantial enough, and it is now thought it will be released on 6 February. Tories in safe seats, who are likely to [...]
READ: The whole text of Theresa May’s Article 50 Bill January 26, 2017 Ministers have published the text of a new bill designed to grant Theresa May the power to begin divorce negotiations with Europe. Brexit secretary David Davis had promised a "straight-forward" piece of legislation, and the Bill is certainly minimal. The entire text is below, running to an absolutely massive 132 words. Read More: May backs down over plans [...]