Thursday, 21 September 2017

Toshiba to sell chip unit for $18bn to plug losses



Toshiba has sold its prized semiconductor business to a group led by US private equity firm Bain Capital in a bid to keep its struggling business afloat.

At least 223 dead as toll of Mexico quake rises, government says


 
 
Rescue teams in Mexico are working round the clock to search for survivors of a devastating earthquake, with the number killed expected to top 220.

HTC shares suspended on Google takeover rumours




Shares in the Taiwanese smartphone firm HTC will be suspended from trading on Thursday amid rumours Google's parent Alphabet is planning a takeover.

Thomas Cook pilots to strike on Saturday



Pilots working for the travel group Thomas Cook will stage a strike on Saturday as part of a dispute over pay.

The RAF has killed more than 3,000 IS fighters in Iraq and Syria, Ministry of Defence figures reveal



RAF airstrikes in Syria and Iraq have killed more than 3,000 militants from so-called Islamic State, new Ministry of Defence figures reveal.

Wednesday, 20 September 2017

Theresa May threatens to withhold 30% of United Nations funding



Theresa May has warned the United Nations that Britain could withhold up to 30% of its £90m core funding each year unless the organisation reforms.

Tuesday, 19 September 2017

Mexico City earthquake : Dozens dead after 7.1 magnitude earthquake



Dozens of people have been killed and thousands have been forced on to the streets of Mexico City after an earthquake.

Millions braced for disaster as Hurricane Maria bears down on Puerto Rico



Caribbean countries still in the path of Hurricane Maria are bracing for a devastating natural disaster
on a scale "unseen for generations".

Third arrest over Parsons Green Tube terror attack



A third man has been arrested in connection with the Parsons Green terror attack that left 30 people injured.

China orders Bitcoin exchanges in capital city to close by 20 September



China is moving forward with plans to shut down Bitcoin exchanges in the country, starting with trading platforms in key cities.

Women's World Cup Qualifying : England thrash Russia 6-0 in World Cup qualifying opener



England began their World Cup qualifying campaign with a 6-0 thrashing of Russia at Prenton Park.

President Trump: US would destroy North Korea if forced to defend itself or its allies


 

US President Donald Trump has told the UN General Assembly that America would destroy North Korea if forced to defend itself or its allies.

KPMG is cleared after watchdog's probe into HBOS audit



The big four accountancy firm KPMG is poised to be cleared over its handling of the accounts of HBOS, the mortgage lender which was brought to the brink of collapse during the 2008 financial crisis.

FTSE 100 opens flat but Ocado shares slide



Shares in Ocado have fallen after the online grocer said investment in a new distribution centre would increase short-term costs.

Ineos narrows options for new car plant, according to Ineos



The location of a plant to build a new off-road vehicle has been narrowed to three options, according to Ineos.

Hurricane Maria 'devastates' Dominica: Prime Minister Roosevelt Skerrit says



Dominica has suffered "widespread damage" from Hurricane Maria, Prime Minister Roosevelt Skerrit says.

Doctors issue sight loss warning over Nerf guns



Doctors say bullets used in the popular toy Nerf guns can cause serious eye injuries.

Aung San Suu Kyi : Myanmar doesn't fear "international scrutiny" over the Rohingya crisis



Myanmar does not fear "international scrutiny" over the Rohingya crisis, its de facto leader Aung San Suu Kyi has said.

Toys 'R' Us files for bankruptcy protection in US and Canada



Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts.

Australian broadcaster Ten Network Holdings creditors accept CBS takeover bid



Creditors of Australian broadcaster Ten Network Holdings have voted to accept a takeover bid from US network CBS.

French Connection sees losses narrow in the first half



Losses at French Connection narrowed in the first half of the year as the struggling fashion brand continued to close underperforming stores.

Wisconsin approves $3bn deal for Foxconn factory



Wisconsin has approved a package of subsidies worth up to $3bn (£2.2bn) to Taiwanese manufacturing giant Foxconn in exchange for a new US factory.

Monday, 18 September 2017

Rocket and missile maker Orbital ATK sold for $7.8bn in cash



Northrop Grumman has confirmed a deal to buy missile and rocket maker Orbital ATK that is worth about $7.8bn (£5.7bn) in cash.

Ryanair boss Michael O'Leary apologises over pilot rota blunder



Ryanair boss Michael O'Leary has apologised for the inconvenience caused by a pilot rota blunder which has left hundreds of thousands of passengers unsure whether their flights will take off.

Shares in BAE Systems lifts FTSE 100 higher on Qatar Typhoon jet deal



Shares in BAE Systems boosted the London market after Qatar signed a letter of intent to buy 24 Typhoon jets from the defence company.