Online drugs marketplace Silk Road 2.0 shut down by the FBI while alleged operator is charged with narcotics trafficking November 6, 2014 The year old online marketplace where people can trade for drugs and other illegal goods Silk Road 2.0 has been shutdown by the FBI and European law enforcement agencies. The FBI announced they had arrested a person they believe to be Defcon, the operator of the website. The 26-year-old Blake Benthall was arrested in his [...]
Labour says party is united after Ed Miliband faces call to stand down from backbench MPs November 6, 2014 Less than 24 hours after Ed Miliband conducted a mini reshuffle of his shadow cabinet the Labour leader has been urged to stand down, according to the BBC. Two backbenchers have told Dave Watts, chairman of the parliamentary Labour party, Miliband should step aside. The Labour leader, who has been on the receiving end of [...]
Vince Cable writes to supermarket regulator over Tesco’s fractious relationship with suppliers November 5, 2014 At some point in the past few weeks, Business Secretary Vince Cable wrote to the Groceries Code Adjudicator (GCA) to voice his concerns about the supplier base of troubled supermarket Tesco, according to Sky News. Cable is believed to told the GCA that he supports a comprehensive review of Tesco's relationship with suppliers and whether [...]
Barack Obama faces the press after Republicans triumph over Democrats in US midterms November 5, 2014 President Obama has finished his first press conference since his party's shellacking in America's midterm elections. Republicans strengthened their control over the House of Representatives gaining ten seats. However, the big story of the night was the GOP takeover of the Senate going from 45 to 52 seats so far. Furthermore, Republicans won governors' races [...]
Cheesegrater skyscraper steel bolts broken and area is cordoned off to the public, says British Land November 5, 2014 British Land has revealed that two steel bolts each a metre in length have come unstuck at London's Cheesegrater skyscraper, and the building has been cordoned off to pedestrians. One part of one of the bolts fell to the ground at the side of the building but thankfully the area where it hit was already [...]
Bonfire night 2014: Kent town to burn José Manuel Barroso effigy as Ukip embraces Guy Fawkes comparison November 5, 2014 As Brits prepare to celebrate the night Guy Fawkes was apprehended in his infamous attempt in to blow up the Houses of Parliament in 1605, a bonfire society in the idyllic town of Edenbridge is taking the opportunity to make its Eurosceptic leanings felt. The Edenbridge Bonfire Society is planning to burn a 10 metre [...]
Apple issues first euro bonds amid rock-bottom borrowing rates November 5, 2014 Tech giant Apple has sold €2.8bn (£2.2bn) marking the company's first nondollar debt offer. The sale was divided between into two equal parts with one-half of the debt maturing in eight years, with a yield of one per cent and the other in 12 years, with a yield of 1.5 per cent. Goldman Sachs and [...]
Jean-Claude Junker slams David Cameron and Italian PM Mario Renzi November 4, 2014 Jean-Claude Junker has hit out at David Cameron and Italian Prime Minister Matteo Renzi for their confrontational stance toward the EU. The European Commission President said David Cameron's account of the situation in Brussels was "not correct" and that he "didn't like the way several prime ministers were behaving after the European Council". David Cameron [...]
2014 US midterm elections: Will Libertarian Party candidates spoil a Republican win? November 4, 2014 As millions of Americans go to the polls to elect a slew of senators, governors and representatives it looks as though Republicans are in for a good night. Republicans are guaranteed to retain control of the House of Representatives which they have held since 2010. The real contest to look out for is the Senate [...]
Airbnb CEO Brian Chesky: “We want to be regulated because to regulate us would be to recognise us” November 4, 2014 Six-year-old spare room rental app Airbnb has enjoyed an almost meteoric rise – along with Uber, it has become the tip of the spear of the so-called "sharing economy". The firm reached a $10bn (£6bn) valuation in April as part of a fundraising round where it received a $450m investment led by TPG Capital. Peter [...]
