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Business

  • Putin compares Kiev to the Nazis, Ukraine seeks Nato membership

    August 30, 2014

    Ukraine has pleaded for full membership in Nato, signalling a desire for increased Western military protection from Russian aggression. Ukrainian Prime Minister Arseny Yatseniuk told government yesterday that his cabinet would "bring before parliament a law to scrap the non-aligned status of the Ukrainian state and establish a course towards membership of Nato." Nato membership would [...]

  • Rouble falls again as Nato accuses Russia of a “blatant violation” of Ukraine’s sovereignty

    August 30, 2014

    The rouble continued to drop today as tensions in Ukraine continued. The currency fell 0.98 per cent against the euro and as much as 0.4 per cent against the dollar, a record intraday low, as Moscow's equities index, the Micex, fell 1.62 per cent. The losses came as Nato accused Russia of a "blatant violation" [...]

  • How much could Manchester United save by selling Kagawa, Cleverley & co?

    August 29, 2014

    No club has spent more money so this summer transfer window than Manchester United, who have splashed out £148m on new players.   United broke the British transfer record to sign Angel Di Maria from Real Madrid earlier this week, yet it has been reported today that manager Louis van Gaal must now sell some [...]

  • Cameron pledges legislation to deal with terror threat – but how will the ‘severe’ rating affect markets?

    August 29, 2014

    Prime Minister David Cameron has given a speech outlining new legislation to make it harder for Brits to travel to Syria and Iraq to fight alongside Islamic State (IS).    The press conference followed home secretary Theresa May's announcement that the UK's terror threat level had increased to “severe” – the second highest rating possible – [...]

  • Angry Birds maker Rovio replaces chief executive Mikael Hed amid profit fall

    August 29, 2014

    News flapping its way out of Finland – the maker of hit game Angry Birds Rovio, has replaced chief executive Mikael Hed in a bid to stem falling profits. Pekka Rantala, the game studio’s chief commercial officer who joined in May, will replace Hed at the beginning of 2015 with the pair working together until [...]

  • Ebola spreads to Senegal

    August 29, 2014

    The Ebola epidemic has reached a fifth West African country.   Senegal's Ministry of Health confirmed its first case of of the disease today, which puts Senegal alongside Guinea, Liberia, Sierra Leone and Nigeria in the list of countries affected by the outbreak.   The infected person was a young man from Guinea, according to [...]

  • Terror threat level in UK raised to “severe”

    August 29, 2014

    Home secretary Theresa May has said that the threat of international terror to the UK is “severe”; the fourth highest of five levels.   This means that a new terror attack in the country is “highly likely”. She added, however, that there was no intelligence to suggest that an attack would be imminent.    The [...]

  • Rangers share offer: club targets £4m boost

    August 29, 2014

    Rangers are expecting to raise just under £4m through an open offer of 19m shares made available to existing shareholders.   In a stock exchange announcement, the club said the open offer formed part of “a strategic plan” to “rebuild and re-establish the club” and will contribute to the £20m to £30m funds they are [...]

  • Disease: The biggest killers don’t receive the most donations

    August 29, 2014

    The ice bucket challenge has taken social media by storm.  Endless videos of people throwing ice over their heads have flooded our computer screens, and all in the name of amyotrophic lateral sclerosis (ALS); a type of motorneurone disease that leads to between 5,000 and 6,000 deaths in the US each year.   Every time [...]

  • RBS steps up the search for a new chairman

    August 29, 2014

    Royal Bank of Scotland has reportedly stepped up its search for a successor to chairman Sir Philip Hampton, hiring recruitment giant Egon Zehnder International to lead the hunt. Hampton will step down in 2015 after more than six years at the top of the bank, which is still 81 per cent owned by the government, [...]

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