Aer Lingus rejects latest takeover bid from British Airways owner International Consolidated Airlines January 10, 2015 Once again, Irish airline Aer Lingus has rejected a takeover offer from International Consolidated Airlines (IAG). The holding company, which was set up by Willie Walsh and owns British Airways, upped its takeover offer to €2.40 (£1.88) a share at the end of December. Previously, IAG had made a bid of €2.30 a [...]
Charlie Hebdo latest: Al Qaeda threatens more attacks while search continues for accomplice Hayat Boumeddiene January 10, 2015 Al Qaeda in the Arabian Peninsula (AQAP) has claimed responsibility for the terror attacks on the offices of satirical magazine Charlie Hebdo. The group said it ordered brothers Said and Cherif Kouachi to attack Charlie Hebdo as “revenge for the honour of the Prophet Mohammed”, after it printed inflammatory cartoons of the religious figure. [...]
#JeSuisCharlie has become one of Twitter’s all-time top hashtags January 9, 2015 #JeSuisCharlie – the phrase used to show solidarity with the victims of the Charlie Hebdo attack – has become one of the most popular hashtags in Twitter’s history. The attack, which took place on Wednesday morning, gave rise to the hashtag spontaneously as people used social media to express their support for those who had [...]
Three suspects and four others believed dead after Charlie Hebdo shoot-out January 9, 2015 Three of the Charlie Hebdo suspects and four others are believed to have died as police moved to end two stand-offs in Paris and Dammartin. "Several" hostages were reported to have been freed. The two brothers responsible for the initial attack on the satirical magazine, named as Cherif and Said Kourachi, aged 32 and 34 respectively, [...]
Flying economic: The 10 holiday destinations where the pound stretches the furthest January 9, 2015 It's January, and those post-holiday blues can be pretty tough. But they say the best way to shrug it off is to book a holiday, and although the pound's strength is hammering exporters, it offers holidaymakers an extra incentive to get away. And with oil prices tumbling, airline tickets are dropping to bargain basement [...]
Nottingham Forest, Norwich City, Ipswich Town and 27 other English clubs receive payments from Fifa January 9, 2015 Football clubs around the world will receive a welcome boost to their bank accounts thanks to Fifa who are sharing a total of $70m with 396 teams from 57 different countries. Fifa is distributing money raised from the 2014 World Cup in Brazil to clubs whose players featured in the tournament, in order to [...]
Why governments, not pharmaceutical firms, will benefit most from the discovery of new antibiotic Taixobactin January 9, 2015 Earlier this week, scientists in the US made a discovery capable of transforming the pharmaceutical industry's approach to antibiotics. While screening 10,000 bacterial strains from a sample of soil, they found an antimicrobial called Taixobactin. Experimentation showed harmful bacteria were not immune to this toxin, which means it could provide the answer to the [...]
Forex trader Alex Hope found guilty of £5m fraud January 9, 2015 Alex Hope, the 25-year-old trader who famously spent £125,000 on a single bottle of champagne, was today convicted of fraud totalling more than £5.5m. Hope had previously admitted operating a collective investment scheme without authorisation. The scam, which has been likened to a Ponzi scheme, claimed to make large returns for investors from the [...]
Jaeger latest upmarket retailer to stride ahead of high street January 9, 2015 Fashion retailer Jaeger strode ahead of its high street competitors, reporting stellar sales during the Christmas period. The upmarket brand said like-for-like sales jumped eight per cent in the 13 weeks to January. They were lifted by US-style discount days Black Friday and Cyber Monday. Total sales grew 8.3 per cent, with menswear posting impressive [...]
The Money Shop could cut 350 jobs and close 200 stores January 9, 2015 High street payday lender The Money Shop could be about to close 200 stores, putting the jobs of 350 staff at risk. The lender currently has 500 stores and employs a total of around 3,000 people. It has rapidly grown since first opening 168 stores in 2006. However, payday lenders have been stung [...]