White collar crime: Blackrock fund star Mark Lyttleton due in court, probably to receive formally hearing date October 27, 2016 NULL
Now Tube workers on the Piccadilly line are voting on strikes October 27, 2016 The Rail, Maritime and Transport (RMT) union has been busy. Yesterday it announced it was balloting Southern Rail drivers over the long-running dispute on the role of guards, and 3,500 London Underground staff following a security incident at North Greenwich Tube station. The union said the incident had put safety "back at the top of the agenda". Read [...]
ISIS’ oil income is down $1m a day – now they’re trading wheat to grow new revenue streams October 27, 2016 Since the Iraqi army drove out Islamic State forces from the oil-rich towns of Shargat and Qayyarah last month, ISIS has lost its ability to produce oil and profit from crude oil sales on the black market—but ISIS is proving to be highly adaptable, and able to find new markets quickly; this time in agriculture. [...]
Cruisey McCruiseface? P&O launches Boaty McBoatface-esque contest to name new liner with public vote October 27, 2016 P&O Cruises announced today that it will allow guests to choose the name of its newest ship, which will be launched in 2020. In an echo of the famous public vote to name a new polar research vessel Boaty McBoatface, P&O revealed on Twitter that it would pick a moniker for its new ship by [...]
Headache for ECB chief Mario Draghi as lending fails to light up October 27, 2016 The European Central Bank (ECB) may be forced to delay winding down its massive bond-buying programme after disappointing figures out from the Eurozone this morning. Stats on lending published by the ECB showed the amount of cash dished out to households and businesses grew by only 1.8 per cent in the year to September. That was [...]
Twitter share price jumps four per cent before the bell as social network’s revenue and earnings beat expectations October 27, 2016 Twitter's share price jumped by more than four per cent in pre-market trading today as the micro-blogging site announced revenue and earnings for the third quarter had beaten expectations. The figures Revenue came in at $616m (£503m) for the three months to 30 September, an eight per cent increase on this time last year and [...]
Five things we learned from today’s GDP figures: Could Star Wars have saved us from a post-Brexit slump? October 27, 2016 A surprising set of GDP results came out this morning, revealing that the resilient economy had grown by 0.5 per cent in the last quarter. This was at odds to predictions from the Treasury earlier this year who thought that if the UK voted to leave the EU, economic growth could slow to one per cent. [...]
Overseas operations at this Japanese bank are No-mur-a in the red October 27, 2016 Net income leapt 31 per cent at Japanese bank Nomura as the broker benefited from an increased investor appetite for currency hedges and bonds. Nomura posted ¥61bn (£476m) of net income for the three months to September, underpinned by strong domestic performance and overseas operations swinging back into the black. Read more: This investment bank has been [...]
Amec Foster Wheeler’s share price plummets 19 per cent as group warns oil and gas sector to decline next year and postpones capital markets day October 27, 2016 Shares in oilfield services firm Amec Foster Wheeler sunk 19 per cent this morning after the group said it was bracing for further declines in the oil and gas sector next year. Amec said it was expecting activity in its solar business to "reduce significantly" from the record levels seen this year, though it added [...]
Nissan’s decision to stay in the UK shows “Britain is open for business”, says Theresa May October 27, 2016 Theresa May said Nissan's decision to build new models at its Sunderland plant post-Brexit vote showed "Britain is open for business". “This is fantastic news for the UK," said the Prime Minister. "Nissan is at the heart of this country’s strong automotive industry and so I welcome their decision to produce the Qashqai and a new model at [...]