Brent crude oil price falls below $60 for first time since April July 6, 2015 Oil prices have fallen below $60 a barrel, as the shockwaves from the Greek "no" vote push prices further down. This marks the first time since April that internationally traded Brent crude falls so low, down $1.42 to $58.89 a barrel. US benchmark West Texas Intermediate is also trading at a three-month low, down to [...]
7/7 London bombings 10th anniversary: Sadiq Khan – “Our spirit of togetherness saw to it that the terrorists failed” July 6, 2015 I can remember all too vividly where I was on the 7th July 2005, when word started filtering through that there had been several explosions on London’s public transport network. I was with my staff in our House of Common's office and all of us were in high spirits as we were still digesting [...]
Greece votes no: European markets dip as selloff begins July 6, 2015 European markets dipped today after the chances of a Greek exit from the Eurozone looked stronger than ever – although the dip wasn't as strong as expected. Having opened more than one per cent down after the Greek people voted against bailout conditions set by the country's lenders, the FTSE 100 later recovered some of [...]
Advertising tech giant AppNexus preparing to go public next year July 6, 2015 Pioneering advertising technology firm AppNexus is preparing to float on the stock market, in a move worth around $2bn (£1.27bn). Sir Martin Sorrell’s WPP advertising empire is a major shareholder in the firm, with a 15 per cent stake and a board seat. AppNexus is thought to be updating its practices to pave the way [...]
Jobs, homes, sex and friends: Generation switch and the four ways 25 and 50-year-olds differ July 6, 2015 The difference between those in their 50s and under 25s isn’t just age, wisdom and experience. Those in their early twenties and teens are a generation of serial switchers, whether it’s their career, where they live, or who they’re sleeping with, compared to older generations. Here are four ways they differ. 1. Home sweet home [...]
Countdown to Grexit: Every event this week which will decide the fate of Greece July 6, 2015 What's that shuffling sound we hear on the wind? The gentle rustle of European leaders trying to reorganise their diaries as the number of meetings over the continent's problem child – Greece – begin to stack up? We now know Greeks don't want austerity measures, but Alexis Tsipras, the country's Prime Minister, is determined to [...]
Rosetta comet landing mission: Scientists think they’re on the brink of discovering alien life July 6, 2015 The Rosetta comet could be covered in tiny alien life forms, scientists involved in the European Space Agency's comet-landing mission reckon. Read more: Hope for the Rosetta comet-landing mission: Philae wakes up and sends signal to earth, European Space Agency says Professor Chandra Wickramasinghe and Dr Max Wallis from the University of Cardiff believe [...]
Nobel Laureate economist Paul Krugman: Europe “won big” from Greece’s “No” vote July 6, 2015 Nobel Laureate economist Paul Krugman hailed Greece's "No" vote in its referendum on European creditors' bailout package as a big win for the rest of Europe. Read more: Varoufakis resigns despite "no'" vote Greece overwhelmingly rejected lenders' austerity measures on Sunday, prompting the MIT professor to argue in his New York Times column that "Europe, and [...]
Facegloria: Brazilian Evangelicals launch “sin-free” version of Facebook July 6, 2015 If you are tired of bikini pictures and swearing filling up your Facebook news feed there’s a new option out there. Brazilian Evangelicals have launched what they are calling a "sin-free" version of the social network, called Facegloria. Here, you click “amen”, not “like”, and gospel music plays as you chat. The new site bans [...]
Yanis Varoufakis resigns: Here’s everything we know about Euclid Tsakalotos, the Greek golden boy tipped to take over as finance minister July 6, 2015 Euclid Tsakalotos has been tipped as the most likely replacement for Yanis Varoufakis, the finance minister who resigned today. By the time Varoufakis was appointed, he was pretty well known in economics circles – but who is Tsakalotos? Greece's chief economics spokesman and deputy foreign minister has been described as the country's "secret weapon" in negotiations [...]