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Business

  • Mobile phones cleared for use during flights across Europe

    September 28, 2014

    In good news for Europe's air passengers, mobile phones and portable electronic devices (PEDs) have been cleared for use throughout flights. The European Aviation Safety Agency said there was no reason from a safety perspective for passengers to keep their devices switched off or in airplane mode. Devices that will be affected will include tablets, [...]

  • Conservative party conference: Tories unveil plans to slash welfare

    September 28, 2014

    Young people out of work for more than six months could be cut off from jobseeker's allowance (JSA) if the Conservative party wins the next election. George Osborne told the Mail on Sunday that young people out of work would have to earn their benefits through activities such as cleaning local parks and other "community [...]

  • How many people have died from the Ebola outbreak? Over 3,000, says WHO

    September 27, 2014

    More than 3,000 people have died as a result of the Ebola outbreak in West Africa, according to the World Health Organisation (WHO).    In its latest report, the UN's health agency said there had been a total of 3,133 confirmed deaths and over 6,500 people had been infected with the virus so far.   [...]

  • Another Tory bites the dust: Mark Reckless announces defection to Ukip at party conference

    September 27, 2014

    Mark Reckless has become the second Conservative MP to defect to Ukip this month.   "Today I am leaving the Conservative party and joining UKIP,” he told an audience at the Ukip party conference in Doncaster.   He said voters felt “ripped off and lied to,” and that the Conservative leadership was "part of the [...]

  • Daniel Ivascyn to replace Bill Gross as PIMCO’s chief investment officer

    September 27, 2014

    In an announcement made late on Friday, the Pacific Investment Management Company (PIMCO) named Daniel Ivascyn as its new chief investment officer.   The world's largest bond fund revealed the appointment after Bill Gross surprised Wall Street by resigning from the position, saying that he was heading to the much smaller firm Janus Capital instead. [...]

  • UK jets take off for first combat mission against Islamic State in Iraq

    September 27, 2014

    British fighter jets are making their way to Iraq for their maiden combat mission, following yesterday's parliamentary vote in favour of air strikes in the region.   At 8.30 this morning, two Tornado GR4 fighter jets took off from their base in Cyprus, where they have been located since August. They are armed with Brimstone [...]

  • Spurred on by Scotland: Catalonian President signs decree for independence referendum

    September 27, 2014

    The independence movement in the Spanish region of Catalonia is gathering momentum. This morning, its President Artur Mas signed a decree calling for a referendum to take place on 9 November.    Earlier in September, Catalonian lawmakers voted in favour of going ahead with an independence referendum by a margin of 106 to 28. The [...]

  • UK parliament approves air strikes in Iraq, but how did the parties vote?

    September 27, 2014

    On Friday, the UK parliament voted in favour of conducting air strikes against Islamic State (IS) militants in Iraq.    The extremist group has been taking over large parts of Syria and northern Iraq in recent months, and is notorious for the brutal methods it uses at it attempts to establish a religious state in [...]

  • Conservatives: 20pc off house prices for first-time buyers under 40

    September 27, 2014

    The conservatives have announced that if they are voted in at the next general election in May, people under 40 will be able to buy their first homes for 20 per cent less than market value.   Prime Minister David Cameron revealed the plan ahead of the Conservatives' annual party conference starting tomorrow. He said [...]

  • AOL share price jumps as activist investor Starboard tells Yahoo chief exec Marissa Mayer to consider merger

    September 26, 2014

    AOL's share price jumped six per cent today after an activist investor told Yahoo chief Marissa Mayer that the troubled US media company should buy it. In a letter to Mayer, Starboard, which specialises in investing in undervalued and under-performing companies, and is a significant shareholder in Yahoo, said combining with AOL offered opportunities that [...]

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