Asian markets boosted by poor US jobs data October 5, 2015 Asian shares were boosted this morning by poor jobs data released by the US. US non-farm pay rolls rose by 142,000 in September, which was a long way off hitting the 203,000 figure markets had expected. Read more: Non-farm payroll: Weak US jobs growth pushes back rate hike expectations Asian markets benefited [...]
World Bank lowers growth forecasts for East Asian economies October 5, 2015 The World Bank has cut its growth predictions for the developing East-Asia Pacific region. The global lender said in a report this morning that growth would reach 6.5 per cent in 2015, dropping to 6.4 per cent and 6.3 per cent in the two following years. It had previously estimated growth of 6.7 [...]
It’s official: Google is now Alphabet as restructuring process comes to an end October 5, 2015 Google's transition to Alphabet is now complete, the company confirmed last night. In a statement posted on its investor relations site, it said the restructuring process was due to be finished by the end of the day, and that on Monday Google shares will be traded under Alphabet for the first time. Google [...]
The stress of accounting: One in three UK accountants has suffered mental health problems October 3, 2015 A new analysis of over 500 UK accountants reveals frequent stress-related health problems, with almost a third saying they have suffered mental illness. According to exclusive data shared with City A.M., 28 per cent of British accountants feel extremely stressed in their day-to-day lives because of their job, while 17 per cent admit to [...]
Former Labour chancellor Denis Healey dies at home in Sussex aged 98 October 3, 2015 Former Labour chancellor Denis Healey died at his home in Sussex this morning, aged 98. According to his family, he died peacefully in his sleep following a short illness. The politician served as an MP for Leeds for 40 years, and was chancellor of the exchequer from 1974 to 1979. In 1980, he became [...]
Two people confirmed dead in plane crash near Chigwell, Essex October 3, 2015 A small plane burst into flames after crashing in a field near Chigwell in Essex this morning, killing two people According to Essex County Fire & Rescue Service, the light aircraft came down just before 10.20am this morning, and was “100 per cent alight” when crews arrived. It is believed that the aircraft was [...]
Russian airstrikes mainly hitting Syrian civilians, says defence secretary Michael Fallon October 3, 2015 UK defence secretary Michael Fallon has accused Russia of protecting Syria's Assad regime by targeting airstrikes at civilians. He told The Sun that very few strikes by the country, which began its launches there earlier this week, were hitting Islamic State (IS) militants. We're analysing where the strikes are going every morning. The vast [...]
EU migrant crisis: Eurotunnel services resume following migrant “attack” October 3, 2015 Eurotunnel services have started running again after being closed overnight due to a “well-organised attack” by migrants. In a statement this morning, the company said the service had started operating at 8.30am with “some timetable disruption”. Travellers can expect delays of around 30 minutes at each end of the terminal. We anticipate to [...]
The world is cutting its carbon emissions – but which countries are doing the most to help? October 3, 2015 Today, India revealed its plan to signficantly cut its carbon emissions by 2030. In its Intended Nationally Determined Contribution plan, it says it will reduce the release of harmful gases by between 33 and 35 per cent relative to 2005 levels over the next 15 years. It isn't the only country to deliver [...]
Scientists come a step closer to creating the world’s first male contraceptive pill – but there’s a strong chance the pharma industry won’t be thrilled October 2, 2015 For years, scientists have attempted to create a male version of the contraceptive pill. They haven't quite managed it yet, but a new discovery by a group of researchers at Osaka University in Japan has given them a big push in the right direction. By carrying out tests in mice, they managed to [...]
