Train with bodies from MH17 leaves crash site as all eyes turn to Europe July 21, 2014 A train carrying the bodies from the Malaysian Airlines MH17 flight left the crash site on Monday evening and will be handed over to the Dutch authorities, according to the Malaysian Prime Minister. Prime Minister Najib Razak said that he had reached a deal with pro-Russian rebels controlling the area where the plane was downed [...]
Fraud squad launches criminal probe into the UK’s foreign exchange market July 21, 2014 The Serious Fraud Office (SFO) has opened a full-blown criminal investigation into alleged price rigging in the UK's £3tn-a-day foreign exchange (forex) market, the regulator confirmed today. The probe will look at "fraudulent conduct in the foreign exchange market", according to an SFO statement. The claims centre around allegations that traders would manipulate the flow [...]
German economy expected to slow in second quarter as geopolitical tensions take their toll July 21, 2014 Europe's economic motor is spluttering. Germany's economy was likely to have stagnated in the three months to June, according to the nation's central bank, as the EU's largest economy was weighed down by geopolitical tension and weak construction and industrial output. In its monthly bulletin, the Bundesbank said that the global uncertainty stoked by tensions [...]
UK job centres should face competition, says think tank July 21, 2014 The UK's job centres are failing to help people into long term employment, with just over a third of people finding sustained work through them, according to a report by an influential centre-right think tank. The report by Policy Exchange, published today, says that because of the fragmented nature of the welfare system in the UK, [...]
Russia faces further sanctions as international horror over MH17 plane crash deepens July 20, 2014 Pressure on Russian President Vladimir Putin intensified as the international horror over the treatment of the bodies at the crash site of the downed MH17 Malaysia Airlines jet deepened. US Secretary of State John Kerry on Sunday expressed his fury at the "really grotesque" mishandling of the victims of the tragedy, calling on Russia to take [...]
World Cup 2022 host Qatar approves some foreign worker reforms July 20, 2014 The Qatari government has approved measures to ameliorate the treatment of foreign workers in the Gulf state following the revelations that laid bare the suffering of migrant labourers employed on World Cup 2022 related infrastructure projects. The steps should ensure that firms set up bank accounts for employees and transfer their wages electronically within a [...]
How much is Rory Mcllroy’s Open Championship victory worth? July 20, 2014 Rory Mcllroy has just capped a stunning display to win the British Open Championship, becoming the the third youngest golfer in history after Jack Nicklaus and Tiger Woods to have won three major championships. That is quite an achievement for the 25-year-old Northern Irishman, who displayed nerves of steel on the last day of the [...]
Scottish independence: Commission declines to comment on reports Juncker “sympathetic” to Scotland joining EU July 20, 2014 The European Commission has declined to comment on reports that its new president Jean-Claude Juncker would be "sympathetic" to an independent Scotland joining the European Union. An article in Scotland on Sunday published today included comments from an unnamed "high-ranking EU official", who was quoted as saying that former Luxembourg Prime Minister Juncker "would not want [...]
UK foreign secretary Philip Hammond: I would still vote to leave EU July 20, 2014 New foreign secretary Philip Hammond confirmed today that he would still vote to leave the European Union if there was no change in the UK's relationship with Brussels. Hammond, who replaced Tory veteran and former party leader William Hague in a cabinet reshuffle this week, said in an interview with the BBC's Andrew Marr on Sunday that "the [...]
Google share price surges after positive second quarter earnings report July 18, 2014 Safe to say that shareholders are satisfied with Google's latest batch of results. Shares in the search titan climbed today, up four per cent as investors piled into the stock following the firm's second quarter earnings report. The company led the S&P Index higher as US markets regain losses following Thursday's ruthless selloff prompted by [...]