Euromoney share price rises despite lower profit September 30, 2014 Shares in Euromoney rose 0.5 per cent to £10.30 this morning, as investors showed resilience to a £5m fall in year-on-year profits. In its pre-close trading update for the full year to 30 September, the online information and events group said most of the decline occurred during the second half and was the result [...]
Climate change: Greenland’s ice sheet is melting faster than we realised September 29, 2014 Greenland's ice sheet – the second largest in the world – is more sensitive to climate change than was previously thought. The huge expanse of ice, which covers 1.7 million square kilometres, is roughly eight times the size of the United Kingdom. If all of it melted, it would raise the world's sea levels [...]
Feeling groggy? You could be suffering from “sleep drunkenness” September 29, 2014 Late nights, early mornings, and little sleep in between – a trio of events City workers are well-acquainted with. But a sleepless night hits some harder than others, and if you ever wake up not knowing where you are, have trouble talking, or feel irrational anger towards others, then you may in fact be [...]
George Osborne would cap family benefits at £23,000 to tackle “culture of welfare dependency” September 29, 2014 The Conservatives would freeze working age benefits for the next two years if the party secures the public vote next year, chancellor George Osborne has said. Speaking today at the Conservative Party Conference in Birmingham, he warned of a growing “culture of welfare dependency” among young people, which the state could no longer fund. [...]
SSE share price scarred by fire at Ferrybridge September 29, 2014 Shares in SSE fell 0.4 per cent to 1,516 pence this morning, following news that two units in its Ferrybridge power station are still out of action. A fire broke out at the Yorkshire-based power plant on 31 July, damaging units three and four. In a statement released earlier today, SSE confirmed that it [...]
Quindell: “We see no reason why our share price fell 13 per cent last week” September 29, 2014 Embattled insurance outsourcer Quindell is baffled by another decline in its share price, it said in a statement to the stock exchange this morning, after shares fell 13 per cent last week. Investors in the professional services and digital solutions company have faced a challenging period, with shares falling by 44 per cent since [...]
How many people have died from the Ebola outbreak? Over 3,000, says WHO September 27, 2014 More than 3,000 people have died as a result of the Ebola outbreak in West Africa, according to the World Health Organisation (WHO). In its latest report, the UN's health agency said there had been a total of 3,133 confirmed deaths and over 6,500 people had been infected with the virus so far. [...]
Another Tory bites the dust: Mark Reckless announces defection to Ukip at party conference September 27, 2014 Mark Reckless has become the second Conservative MP to defect to Ukip this month. "Today I am leaving the Conservative party and joining UKIP,” he told an audience at the Ukip party conference in Doncaster. He said voters felt “ripped off and lied to,” and that the Conservative leadership was "part of the [...]
Daniel Ivascyn to replace Bill Gross as PIMCO’s chief investment officer September 27, 2014 In an announcement made late on Friday, the Pacific Investment Management Company (PIMCO) named Daniel Ivascyn as its new chief investment officer. The world's largest bond fund revealed the appointment after Bill Gross surprised Wall Street by resigning from the position, saying that he was heading to the much smaller firm Janus Capital instead. [...]
UK jets take off for first combat mission against Islamic State in Iraq September 27, 2014 British fighter jets are making their way to Iraq for their maiden combat mission, following yesterday's parliamentary vote in favour of air strikes in the region. At 8.30 this morning, two Tornado GR4 fighter jets took off from their base in Cyprus, where they have been located since August. They are armed with Brimstone [...]
