Trump advisers want 56m acres of Native American reservations privatised for access to oil, gas and coal resources December 5, 2016 Advisers to US President-elect Donald Trump wants to privatise 56m acres of Native American reservations to gain access to their resources. Although reservations cover just two per cent of the US, they are thought to contain up to a fifth of the country’s oil and gas, along with vast coal reserves. A group of Trump’s advisers [...]
Hefty bill from counterfeiting and piracy costs EU £71bn and 790,000 jobs each year December 5, 2016 Counterfeit goods and piracy cost the EU economy a whopping £71bn every year, according to research from the European Union’s intellectual property office. More than 7.4 per cent of sales, totalling £40bn, across nine sectors are lost in the 28-country bloc due to fake products including handbags, toys, pharmaceuticals and alcohol, as well as music [...]
French prime minister Manuel Valls announces he will run for president against Marine Le Pen and Francois Fillon in next year’s election December 5, 2016 France's socialist prime minister, Manuel Valls, has announced he will stand in next year's presidential election. The 54-year-old said he wanted to "give everything to France" as he launched his campaign. He added that he "cannot be prime minister while being a candidate" and that he will resign from the government on Tuesday. https://twitter.com/manuelvalls/status/805827675482951680 Read more: [...]
Tube strikes: Piccadilly and Hammersmith and City line driver walkouts cancelled tomorrow December 5, 2016 A 24-hour strike by drivers on the Piccadilly and Hammersmith and City lines from 9.30pm tomorrow has been suspended, the RMT union has said. The suspension follows successful talks at the conciliation service Acas, according to RMT. The union said "all objectives in the Piccadilly line dispute" had been achieved, while the union is "committed [...]
Gulf Keystone Petroleum receives payment for its September oil exports from the Kurdistan Regional Government December 5, 2016 Gulf Keystone Petroleum today confirmed it has received a gross payment of $15m (£11.8m) for September crude oil exports from the Kurdistan Regional Government. The London-listed oil group and the Kurdish government’s ministry of natural resources “continue to work towards agreeing the final form of invoices for May through September 2016”, Gulf Keystone said in a [...]
Energy suppliers owe homeowners £1bn in overpaid gas and electricity bills December 5, 2016 Gas and electricity suppliers owe millions of UK homeowners £1bn in overpaid bills, according to research from GoCompare.com Energy. Two-thirds of homeowners have a positive balance on their energy bills and have overpaid by an average of £86.60 per person, though a quarter have a credit balance in excess of £100. Energy customers can build [...]
A flood of new energy tariffs risks “bamboozling” customers now Ofgem has removed deal restrictions, First Utility warns December 5, 2016 Energy customers risk being “bamboozled” by a flood of new deals following the scrapping of Ofgem’s four tariff rule, challenger supplier First Utility has warned. Customers could be faced with choosing between a whopping 1,364 energy deals in 2017 from 44 suppliers, the company has estimated based on previous averages. Five years ago, the average [...]
Atalaya Mining transforms the original Rio Tinto mine from tarnished site into a polished moneyspinner December 5, 2016 Restoring the original Rio Tinto mine may have been a “pain in the ass”, according to Atalaya Mining’s chief executive Alberto Lavandeira, but it hasn’t put the plucky, Aim-listed firm off plans to expand elsewhere. Nestled in the Andalucian hills in southern Spain, the vast pits of the open-cast copper mine are expected to reach [...]
EU Commission piles pressure onto US tech giants Facebook, Twitter, Google’s YouTube and Microsoft to improve responses to hate speech December 4, 2016 The EU Commission has warned US tech firms Facebook, YouTube, Microsoft and Twitter they need to act faster to tackle online hate speech or will face laws forcing them to do so. The warning yesterday came six months after the four technology giants signed up to a voluntary code of conduct to take action in [...]
Italian referendum: Exit polls indicate PM Matteo Renzi defeated by “no” vote against constitutional reform December 4, 2016 The Italian public has rejected a referendum over Prime Minister Matteo Renzi's plan to reform the constitution, exit polls suggest. Between 42 per cent and 46 per cent of voters backed reform, an exit poll on state broadcaster RAI has indicated, while 54 per cent to 58 per cent voted "no". Read more: Italy expected [...]
