President Obama nominates next Supreme Court judge after the death of Antonin Scalia last month March 17, 2016 US President Barrack Obama has nominated court of appeals judge Merrick Garland to the Supreme Court, replacing Antonin Scalia. Garland is viewed as a moderate and has received support from both Democrats and Republicans in his career. “I’ve selected a nominee who is widely recognised not only as one of America’s sharpest legal minds, but someone who [...]
Sky’s going big on virtual reality with VR studio and plans for Formula 1, boxing, cycling content and more March 17, 2016 Sky is deepening its efforts in virtual reality, an industry expected to be worth $70bn by 2020, with a specialist studio producing new content, including films from the Formula 1 racetrack. Viewers will be able to almost smell the petrol of the pit and experience the hair-raising bends of a Grand Prix track as if they [...]
Kier keen for Crossrail 2 after delivering a 30 per cent rise in revenue for the last six months, the share price reaction is muted however March 17, 2016 Construction group Kier is set to win big from government infrastructure spending over coming years, following the chancellor George Osborne announcing fresh funding for projects in the Budget yesterday. Kier is expecting to win work on the Crossrail 2 London rail development after taking the lion's share of contracts on the first Crossrail, now named [...]
Canadian pensions: Recently elected Prime Minister Justin Trudeau tells Bloomberg he will be lowering Old Age Security eligibility to 65, down from 67, at Budget on 22 March March 17, 2016 Canadian Prime Minister Justin Trudeau today announced that he would be lowering Old Age Security eligibility age to 65 at next week's Budget. Plans to raise the age for eligibility for Old Age Security – which is similar to the UK's State Pension – to 67 where put in place in 2012 by former Prime Minister Stephen [...]
Mipim: Former England football captain Rio Ferdinand and housing minister Brandon Lewis team up to build thousands of affordable homes through new charity Legacy March 17, 2016 Property and football joined teams in Cannes today as former England captain Rio Ferdinand and housing minister Brandon Lewis launched a new scheme to build create thousands of affordable homes across the country. The ex-Manchester defender and fellow football stars Mark Noble and Bobby Zamora have clubbed together to set up Legacy, a charity designed [...]
Newspaper publisher Guardian Media Group announces plans to cut 250 jobs as part of bid to break even March 17, 2016 Guardian Media Group, the owner of The Guardian and Observer newspapers, has announced plans to cut 250 jobs. The publisher said 100 of the jobs will be editorial and also said it would be restructuring less profitable parts of the company. The other 150 jobs are expected to come from commercial departments. Read more: Guardian reveals [...]
Fear that young voters are “frozen out” of democractic process with EU referendum and London mayoral election looming March 17, 2016 Young people are being are being frozen out of the democratic process as they become increasing disconnected from it, a new study has warned. With the EU referendum and London mayoral election looming, the democratic process is failing to connect with younger people. The research found a key barrier to voting was electoral registration, with four [...]
Moody’s changes outlook on global shipping sector to negative as supply growth will outpace demand, despite low oil prices March 17, 2016 Moody's Investors Services has changed its outlook on the global shipping sector to negative. In a new report, Moody's attributed the downward move to its expectations that supply growth will outpace demand growth across in 2016 by more than two per cent, which will in turn suppress freight rates, particularly in the dry bulk and containership [...]
Night Tube: Mayor of London Boris Johnson confirms service will commence in July March 17, 2016 Mayor of London Boris Johnson has confirmed that the Night Tube service will begin in July. Speaking to the Press Association, Johnson said he had been given the approximate launch date by Transport for London. The service was previously though to be starting in August. Services will run through the night on Fridays and Saturdays [...]