David Cameron and Hassan Rouhani come face-to-face to discuss Islamic State September 23, 2014 Prime Minister David Cameron and Iranian president Hassan Rouhani are meeting in person for the first time ever to discuss Iran's role in fighting the Islamic State (IS). Meeting later in New York, it is thought Cameron will use the opportunity to persuade Rouhani Iran should join action against IS militants. No British prime [...]
BHP Billiton and Mitsubishi share prices bumped up by coal mine job cuts September 23, 2014 Investors reacted positively to the news that BHP Billiton and Mitsubishi are cutting 700 jobs at a joint coal venture in Australia. Shares in BHP Billiton went up by 0.92 per cent to 1,746.5 pence on the London Stock Exchange this morning, while Mitsubishi shares rose by 0.7 per cent $5.79 on the New [...]
AG Barr share price fizzes on Snapple deal September 23, 2014 A.G. Barr Snapple-d up a bargain this morning, sending shares up on the London Stock Exchange. The Scottish drinks manufacturer, which makes soft drinks brands including Irn-Bru and Rubicon, secured a 10-year contract with Snapple to have exclusive rights to sale and distribution of the brand in the UK and a collection of other [...]
Marks & Spencer finance boss Alan Stewart joins Tesco two months early following £250m profit overestimate September 23, 2014 Alan Stewart will assume his new role as chief financial officer of Tesco from today – over two months earlier than originally planned. Yesterday, the troubled retailer reported it had overstated its first-half profit expectations by £250m, leading to its biggest share price fall in 11 years. In July Stewart announced his plan [...]
Antibiotic resistance: Genome editor could provide the cure September 22, 2014 The threat posed by antibiotic resistance to human health is growing. Every year, more bacterial strains emerge which are able to to resist even the most powerful drugs. At the moment, roughly two million people are infected by drug resistant bacteria in the UK every year, leading to around 23,000 deaths. Traditional methods [...]
Ed Balls: Walking away from Europe would be a “disaster” for Britain September 22, 2014 Shadow chancellor Ed Balls courted the business vote this afternoon, emphasising Labour's commitment to improving Britain's relationship with Europe. During a speech at the party's annual conference today, he said: “We need reform immigration rules and build alliances with Europe so that it works better for Britain. Walking away from Europe would be a [...]
Could humans live on Mars? Nasa’s MAVEN joins mission to find out September 22, 2014 When the Earth becomes too hot, it is hoped humans might be able to live on Mars. With its relatively hospitable conditions and the possible presence of water, our neighbouring planet currently seems like the best bet for humankind's continued existence. But for this to happen, we need to understand exactly what conditions are [...]
Dairy Crest share price falls on “volatile” dairy prices September 22, 2014 Dairy Crest's share price fell 1.54 per cent to 403.2 pence this morning, following the news its dairy operations lost money over the past six months. In its trading update for the half year to 30 September, the UK dairy product supplier said volatility in dairy product prices and a price war between UK [...]
David Cameron: Rights of Scottish MPs should be limited following referendum results September 22, 2014 Prime Minister David Cameron is hosting talks to discuss limiting the rights of Scottish MPs in Westminster. At a summit held at Chequers, Cameron's country residence, senior MPs will gather to talk about the issue of devolution in light of the referendum result. On Thursday, 55 per cent of Scots voted to remain [...]
Ebola outbreak: Half a million could be infected by end of January September 20, 2014 Hundreds of thousands more people could fall victim to the Ebola epidemic making its way through parts of West Africa, according to a report from the US Centers for Disease Control and Prevention. In a worst case scenario, it predicts as many as 550,000 people could be infected by the end of January next [...]