Donald Trump hints at treason probe into Google after Peter Thiel complaint July 16, 2019 US President Donald Trump has hinted his administration might investigate Google for treason, after entrepreneur Peter Thiel called on the FBI and CIA to probe the company. Speaking on Twitter, the President said his administration will “take a look” at allegations Google has worked with the Chinese government. Read more: Donald Trump says his trade [...]
Kazakh billionaire Kenes Rakishev sells massive stake in Petropavlovsk July 16, 2019 The biggest investor in London-listed miner Petropavlovsk has sold his 22 per cent stake in the company as he tries to raise money for other projects. Kenes Rakishev, a Kazakh billionaire, said he was selling the stake for commercial reasons. It was bought by Roman Trotsenko, a Russian billionaire with investments in airports and mining, [...]
‘Don’t take the bait’: Congresswomen slam ‘racist’ Trump tweets July 16, 2019 Four US congresswomen have spoken out against racist tweets by President Donald Trump, calling on Americans to not “take the bait”. Trump plunged himself into hot water over the weekend with a series of attacks against four congresswomen of colour. Read more: Trump doubles down on ‘xenophobic’ tweets He asked why progressive Democratic congresswomen did [...]
Trump doubles down on ‘xenophobic’ tweets July 15, 2019 US President Donald Trump has doubled down on tweets he sent over the weekend, telling four US congresswomen of colour to leave the US if they are “not happy here”. Trump’s comments came today even as the House of Representatives prepared to vote on a resolution to condemn the President’s tweets. Read more: Theresa May [...]
Chinese steel producers set new record in June July 15, 2019 Chinese steel mills were busy last month, hitting an all-time daily production record, new figures out today show. Output hit 87.53m tonnes of crude steel in June, data from the National Bureau of Statistics show. Read more: Greybull Capital ‘to bid for British Steel’s non-UK assets’ The figure is a small decrease in overall monthly [...]
GSK’s ovarian cancer drug shows ‘exciting’ results July 15, 2019 British pharmaceuticals giant Glaxosmithkline reported progress this morning on a drug it bought last year in a controversial $5.1bn (£4bn) deal. Zejula, a cancer treatment, met its primary target in a phase III trial, the company said. Read more: GSK drops on $5.1bn deal for ovarian drug producer Tesaro It means that women suffering from [...]
Antofagasta share price soars as it wins $6bn in Pakistan suit July 15, 2019 Shares in Antofagasta topped the FTSE 100 this morning as the World Bank awarded it $5.8bn (£4.6bn) in damages for a blocked mining project in Pakistan. The award comes two years after the World Bank’s arbitration wing found that Pakistan had unlawfully denied Antofagasta, and its partner Barrick Gold, a mining lease for a Pakistani [...]
More price hikes to come as car insurance premiums climb 3.5 per cent July 15, 2019 Car insurance premiums look set to climb further, experts have warned, after a 3.5 per cent price hike last quarter. It comes as the third price rise in four quarters, meaning the average car insurance price hit £789, up £27. Read more: Half of motorists think charging loyal car insurance customers more should be illegal [...]
GSK eyes former Astrazeneca CFO for empty chair July 14, 2019 Drugmaker Glaxosmithkline is set to announce the former finance boss of Astrazeneca as its new chair to oversee the breakup of the business. GSK is preparing to appoint Jonathan Symonds as its new non-executive chair, Sky News reported earlier. Read more: GSK to split as it forms £9.8bn consumer health venture with Pfizer The announcement [...]
Rudd: I won’t ‘lie down in front of the bulldozers’ of a no-deal Brexit July 14, 2019 Work and pensions secretary Amber Rudd today said her department is preparing for a no-deal Brexit, and could hire more people to deal with a potential recession. Speaking to the BBC’s Andrew Marr, Rudd said that the consequences of leaving the European Union without a deal “will be difficult to handle”. Read more: Bank of [...]
