Air France-KLM share price opens lower as pilot strikes cut profits in half October 29, 2014 Shares in Air France-KLM opened 3.6 per cent lower at €6.41 this morning, after third quarter operating profit fell by half . Profit for the three months to 30 September in 2014 was €247m, compared with €641m during the equivalent period last year. The company put the fall in profit down to September's [...]
Deutsche Bank share price stays flat despite €92m loss on legal costs October 29, 2014 Deutsche Bank has posted a net losses of €92m (£72.6m) for the three months to the end of September, with pre-tax income of €266m. The third-quarter loss stems from the legal costs of settling a number of investigations, and compares to a €51m profit during the same period last year. Alleged misconduct by [...]
Which countries are making the biggest advances in space technology? US comes first, followed by China October 28, 2014 When it comes to the number of scientific publications produced each year in the field of space technology, the US comes in first place, followed by China. A report published recently by the think tank OECD showed that while most countries produced roughly the same world-share of these papers in 2013 as they did [...]
“Are you talking to me?”: The psychology behind why London commuters are scared of speaking to one another October 28, 2014 Ever wondered why as soon as you step onto a crowded commuter train, there is an unspoken rule that you must not speak to the people around you? Even accidentally catching someone's eye at the other end of the carriage can make you feel like a wandering-eyed weirdo who has overstepped the mark. But [...]
How does Ebola spread? And why is the virus so deadly? Here’s what you need to know October 28, 2014 The Ebola epidemic in west Africa has already claimed the lives of almost 5,000 people across Guinea, Liberia and Sierra Leone, and the World Health Organisation (WHO) has predicted that there could be as many as 10,000 new cases each week by December. The mortality rate from the virus can be anywhere between 50 [...]
How to stop the Ebola virus spreading and end the epidemic: Concentrate on the sickest patients, say researchers October 28, 2014 West Africa is currently in the midst of an Ebola epidemic that has already claimed the lives of almost 5,000 people. It is the deadliest outbreak of the disease ever recorded and according to the latest figures released by the World Health Organisation (WHO) it has caused 10,114 infections and 4,912 deaths since it [...]
Monarch Airlines staff face 700 redundancies and 30pc pay cuts October 27, 2014 700 employees of Luton-based Monarch Airlines will be made redundant and many more will face pay cuts of 30 per cent, under an agreement to save the company. Over 90 per cent of staff voted to accept the changes rather than see the company go under, and two-thirds of the redundancies will be voluntary, [...]
Twitter share price plummets as it fails to live up to World Cup hype October 27, 2014 Twitter shares dropped in value by as much as eight per cent in after hours trading, highlighting concerns about the micro-blogging site's user growth. In its earnings for the third quarter, it reported 284m monthly active users – a 23 per cent increase from the equivalent period in 2013 but just a five per [...]
More should be done to punish traders trying to manipulate financial markets, says Bank of England’s Minouche Shafik October 27, 2014 Minouche Shafik, deputy governor of the Bank of England (BoE), said today that more could be done to punish traders who attempt to manipulate financial markets. Her suggestion was made during a speech at LSE – the first she has given since being appointed deputy governor. During it, she focussed on the results [...]
What makes us remember some things, but forget others? It’s all in the dendrites October 27, 2014 There seems to be little reasoning behind the mind's decision to remember some experiences and forget others. If someone asked you to recall what you had for lunch two Mondays ago the chances are you wouldn't have a clue, but an inconsequential conversation you had with someone around the same time may well have stuck [...]
