German unemployment sees unexpected 9,000 increase July 1, 2014 Unemployment in Europe's largest economy rose by 9,000 in June, according to figures released today. The minor increase in the number of people jobless goes against the 10,000 fall expected by analysts. The headline unemployment rate remained steady at a record low of 6.7 per cent. While the figure is the lowest since data for [...]
GoPro shares surge as IPO takes off June 27, 2014 Shares in wearable camera maker GoPro have surged by more than 60 per cent above its initial $24 IPO price during the first two days of trading. The stock rallied by 30 per cent on its market debut and has leapt even further today to above $37 at pixel time, Friday noon in New York. [...]
European leaders nominate Jean-Claude Juncker as new Commission President June 27, 2014 EU leaders agreed to nominate Jean-Claude Juncker as the new European Commission President today, despite a last ditch effort from Prime Minister David Cameron to reverse the decision. Cameron launched an impassioned plea for leaders to reconsider the selection, calling it a "sad moment" for Europe and expressing his disappointment that it had come to [...]
New sanctions against Russia could come on Monday June 27, 2014 Russia has until Monday to take steps to improve the situation in eastern Ukraine or face further sanctions, European Union leaders meeting in Brussels today announced. The measures that the EU has asked to be in place by Monday are: agreement on a verification mechanism for the ceasefire and effective border control the release of [...]
Why Ukraine’s free trade agreement with EU puts all eyes on Moscow June 27, 2014 Ukraine, Moldova and Georgia have signed landmark free-trade pacts with European leaders this morning, binding the former Soviet states closer to the west. The agreement slashes import tariffs between the countries and the European Union and is considered a watershed moment for the region: a marked shift away from Russian influence and Moscow's proposals to [...]
Suarez feels the pinch as 888poker becomes latest company to withdraw sponsorship June 27, 2014 It's not just playing time that Luis Suarez will be missing out on following his bite on Italian defender Giorgio Chiellini. The incident and his subsequent four-month suspension from all footballing activity is also eating into his lucrative commercial deals. Following sportswear giant Adidas announcing that it was dropping the Liverpool striker from its marketing [...]
Over four in ten Britons think the country is in good economic shape June 26, 2014 Twice as many Britons have confidence in the UK economy compared to the same period last year, according to the latest Ipsos Mori data. The Ipsos Global @dvisor survey shows more than four in ten rating the UK's current economic situation as "good", double the 21 per cent saying the same twelve months ago. As [...]
Banned for an entire season: Luis Suarez suspensions add up to 38 club games in four years June 26, 2014 Luis Suarez will have been suspended a total of 38 club matches in the four years from November 2010, the equivalent of an entire Premier League season, without having been sent off once. Fifa's disciplinary committee announced that the Uruguayan striker was banned for nine international matches and suspended from all football related activity for [...]
Real Madrid’s Champions League triumph earns them £46m June 26, 2014 Real Madrid's tenth European championship crown saw them net £46m in prize money as the 32 Champions League clubs shared a total £726m this season, according to figures released by Uefa. Spain, with £133m earned by its clubs, was the country with the largest share of the pool thanks largely to a memorable all-Madrid final. [...]
USA coach Jurgen Klinsmann urges bosses to give staff time off to watch the World Cup June 26, 2014 USA national team coach Jurgen Klinsmann has urged the country's bosses to resign themselves to a dip in productivity and allow workers time off work to watch today's crunch match against Germany. Former German coach Klinsmann has drafted a personalised 'get out of work' letter for workers to hand to their employers, saying that a [...]