Oil prices rally as rockets damage Iranian oil tanker in Red Sea – reports October 11, 2019 Two rockets have hit an Iranian oil tanker near a Saudi Arabian port city, according to state news, sending oil prices climbing. Oil is spilling into the Red Sea after the reported attack on the Sabity, which Iranian news agency ISNA said belonged to the National Iranian Oil Company (NIOC). Read more: Saudi Aramco could [...]
Peppa Pig owner Entertainment One deepens losses days before £3.3bn Hasbro merger vote October 11, 2019 Peppa Pig owner Entertainment One has revealed a £43.9m loss in the first quarter of the year, just days before Hasbro puts a massive takeover offer to a shareholder vote. The media firm posted a £43.9m loss, up from a £6.8m loss this time last year, blaming higher debt and its acquisition of Audio Network. [...]
London City Airport: Police and Extinction Rebellion vie for control of travel hub October 10, 2019 Extinction Rebellion protesters attempted to block the entrance to London City Airport today, as well as blockading the DLR station near the travel hub. London City Airport said that flights remain unaffected, with 60 planes having arrived and departed from the airport by 9.15am. Read more: Extinction Rebellion protesters seek to shut down City airport [...]
London house prices suffer steepest fall since financial crisis October 10, 2019 London house prices fell at their fastest rate since the financial crisis in the third quarter, according to Halifax. Homes in the capital saw their values sink 1.7 per cent year on year, their worst performance since autumn 2009. Meanwhile south east house prices dropped 1.3 per cent. Read more: Brexit uncertainty takes a bite [...]
Apple removes Hong Kong protest app HKmap.live that tracks police movements October 10, 2019 Apple has deleted the HKmap.live app that allows Hong Kong protesters to track police movements from its App Store. The tech giant said the app allowed protesters to ambush police in what have become increasingly violent clashes between authorities and anti-government activists. Read more: Hong Kong bans face masks in crackdown on protesters HKmap.live only [...]
MPs to have ‘special sitting’ to decide future of Brexit October 9, 2019 The government is set to call MPs to a special sitting of parliament later this month to decide the future direction of Brexit. Parliament will meet on 19 October just after a crucial EU summit, which is widely seen as the last hope for the UK and EU to secure a Brexit deal. Read more: [...]
Extinction Rebellion London protests live: Third day of action starts as arrests total 600 October 9, 2019 Welcome to our rolling news coverage of the third day of London’s Extinction Rebellion protests. Please refresh this page manually for the latest updates. 8.30am: Met confirms 600 arrests as Extinction Rebellion protests start third day Extinction Rebellion’s London protests have entered their third day today as police reveal they have arrested close to 600 [...]
Asian stocks fall after US-China trade war anxiety sees Wall Street bleed October 9, 2019 Asia stocks recorded their biggest drop in a week overnight after US-China trade tensions left American stocks bleeding red yesterday. The Nikkei 225 fell 0.6 per cent to 21,456 while Hang Seng sank 0.6 per cent to 25,741 after US markets tumbled amid rising anxiety before crunch talks between Washington and Beijing. Read more: Global [...]
Hong Kong abandons £32bn bid for London Stock Exchange October 8, 2019 Shares in the London Stock Exchange (LSE) dropped as much as six per cent today after Hong Kong Exchanges and Clearing (HKEX) confirmed it has abandoned its audacious £32bn takeover bid. “HKEX confirms that it does not intend to make an offer for LSE,” it told the market on open. Read more: Shareholders tell HKEX [...]
Recruiter Robert Walters would prefer a no-deal Brexit to more uncertainty as profits sink October 8, 2019 Recruiter Robert Walters’ blamed a “cocktail of confusion” for a profit warning today, as UK revenues dropped 11 per cent on the back of Brexit uncertainty and a darkening global economic outlook. However, chief executive Robert Walters insisted the UK economy is not yet in the doldrums, and said a no-deal Brexit would be better [...]