FTSE 100 rebounds as oil price rises and Shire jumps on bid report – London Report October 21, 2014 Gains in big oil companies and drugmaker Shire yesterday lifted Britain’s top equity index, which extended a rebound after falling to 15-month lows last week. The FTSE 100 index closed up by 1.7 per cent, or 105.26 points, at 6,372.33 points. Shire rose 2.61 per cent to 3,848p, after Reuters reported that Botox-maker Allergan shareholder [...]
Wall St gets results boost – New York Report October 21, 2014 US STOCKS rallied yesterday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple’s. The Dow Jones industrial Average closed up 1.31 per cent at 16,614.81, while the S&P 500 closed up 1.96 per cent at 1,941.28. The Nasdaq Composite closed up 2.4 per cent at 4,419.48. [...]
Hurricane Gonzalo 2014 hits the UK: Tail end of storm kills woman and injures four others October 21, 2014 Hurricane Gonzalo has resulted in the death of a woman in central London. She was killed by a tree brought down by high winds in Knightsbridge, according to Scotland Yard. A London Ambulance Service spokeswoman said: "We sent an ambulance crew, a responder by car, an advanced paramedic, a medical team from London's [...]
EU budget 2014: European commission set to warn five countries that their contributions breach new fiscal rules October 21, 2014 Tomorrow, the European commission will warn five countries that their budget submissions risk breaching new fiscal rules set out by the European Union (EU). Last week, all member states had to send their latest budget plans to Brussels for review. Officials there have since informed the FT that they are requesting more [...]
Is there a cure for Ebola? Antibody serum from survivors’ blood could be used in Liberia within weeks October 21, 2014 A serum containing antibodies produced by Ebola survivors could be used to treat patients in Liberia within weeks, according to the World Health Organisation (WHO). The deadly virus has killed over 4,500 people in west Africa since the epidemic began in December last year, and Liberia has been one of the worst-affected countries, along [...]
Is the City giving you sleeping problems? Forget tablets – here are seven proven ways to help you get a good night’s sleep October 21, 2014 The City is not a place conducive to regular, high-quality sleep. Long hours and late nights spent staring at a computer screen mean even when we do get to bed, it can be difficult to switch off. It is often a vicious cycle, too – the less sleep we get, the more we worry [...]
Public sector borrowing: Five charts that perfectly sum up what’s happening to the UK’s finances October 21, 2014 The Office for National Statistics' (ONS) latest public sector borrowing figures make for uncomfortable reading, particularly if you're in the business of running the country. Having entered government vowing to eliminate the budget deficit entirely by 2015, figures published this morning by the ONS showed the UK's budget deficit has risen since last year, from [...]
European Commission slaps JP Morgan, UBS and Credit Suisse with combined €93.9m fine for Libor rigging and interest rate derivative collusion October 21, 2014 The European Commission has come down hard on banks again, fining JP Morgan, UBS and Credit Suisse a combined €93.9m (£74m) for colluding on benchmarks and prices, including libor rates and interest rate derivatives. JP Morgan will pay a settlement of €61.6m over the manipulation of the Swiss franc libor rate between March 2008 and [...]
Coca-Cola share price plunges after fall in profits revealed October 21, 2014 Shares in the Coca-Cola Company opened six per cent down this morning, following the soft drink maker’s fall in profit. The American company's share price closed at $43.25 last night, but at pixel time was trading at a price of around $40 per share. The company said it will miss its long-term earnings [...]
This stunning map visualises how Uber taxis travel through London in a single day October 21, 2014 A stunning map of London visualises how Uber taxis zip through the city's crowded streets showing how people move around the capital in just a single day. Created by Uber using anonymous data on Uber passenger's journeys on a single day in July, the map shows London never sleeps- or at least those getting cabs [...]