Oil prices rise after US agrees $1tn infrastructure deal November 8, 2021 Oil prices have continued to recover after US congress passed Joe Biden’s $1tn infrastructure deal, improving the global outlook for energy demand. The package includes major upgrades to roads, railways and broadband across the country and could boost economic growth and demand for fuel. Oil prices recovered from last week’s mini-slump with Brent crude up [...]
Putin the pressure on: Russia-Europe gas flows eastbound for third day running November 8, 2021 The energy supply crisis has been aggravated by one of three major Russia-Europe supply pipelines changing the direction of its gas flow. Flows in the Yamal-Europe pipeline between Russia and Germany are moving eastbound for the third day running, according to Gascade’s data. This is the second time gas supplies into Europe through this pipeline [...]
BAE Systems maintains 2021 guidance for positive earnings growth November 8, 2021 BAE Systems has stuck to its guidance for earning per share to grow by 3-5 per cent this year compared to 2020. The multinational arms and aerospace company has kept its improved underlying position unchanged from the outlook it outlined at its interim results. It says demand for its products and services remains high. Demand [...]
Three people injured in knife attack on German train November 6, 2021 Three people were seriously injured in a knife attack on an express train between the south German cities of Regensburg and Nuremberg on Saturday. Police said the attack happened around 0800 GMT in the district of Neumarkt. The train was stationary at Seubersdorf southeast of Regensburg. A 27-year-old Syrian man was arrested by the police [...]
Berkshire Hathaway enjoys rebound in profits November 6, 2021 Warren Buffett’s Berkshire Hathaway has extended its rebound from the early stages of the pandemic, with quarterly operating profits rising by 18 per cent to $6.47 billion compared to $5.48 billion in the year-earlier period. This is despite the company hoarding cash and cutting back on some stock holdings. During the third quarter, Berkshire Hathaway [...]
Opposition parties demand investigation into Johnson’s holiday November 6, 2021 Labour and the Liberal Democrats have pushed for an investigation into Prime Minister Boris Johnson’s free use of a a Spanish villa owned by the family of minister Lord Zac Goldsmith. The opposition parties have called on the prime minister to declare his luxury holiday in October in the MPs’ register of interests, which notably [...]
Yorkshire County Cricket Club faces more allegations of racism November 6, 2021 Yorkshire County Cricket Club has launched a fresh investigation after another former player came forward with fresh claims of racial abuse. The Daily Mail has reported that the unnamed player, who is of Asian heritage, said he faced “both blatant and sly” racist abuse at the club in the early 2000s. He also alleged he [...]
Travis Scott ‘absolutely devastated’ by concert deaths November 6, 2021 Travis Scott has said he is “absolutely devastated” by the deaths and injuries at his Astroworld Festival concert in Houston, Texas. Eight people have been killed and as many as 300 injured in a crush during his opening night show at the event on Friday night. He described the incident as a “tragic loss of [...]
Supermarkets pledge to halve environmental impact of weekly shop November 6, 2021 Five of the biggest supermarkets in UK have promised to cut in half the environmental impact of a weekly food shop by 2030. Tesco, Sainsburys, Waitrose, Co-op, and M&S have pledged to reduce carbon emissions, deforestation, food waste and packaging they produce. They will work with environmental organisation WWF to halve the amount of global [...]
Sir John Major slams government’s “shameful” handling of Paterson case November 6, 2021 Former Conservative Prime Minister John Major has criticised the government’s attempts to block the suspension of Owen Paterson for breaking lobbying rules. Speaking to BBC Radio 4, Major said: “I think the way the Government handled that was shameful, wrong and unworthy of this or indeed any government. It also had the effect of trashing [...]
