Tuesday, 31 October 2017

BP rewards shareholders as oil price topped $60 for the first time since 2015

BP underlined its confidence in the future as it posted better than expected third quarter results days after the oil price topped $60 for the first time since 2015.

Ryanair profits soar despite cancellations blunder

Ryanair has posted an 11% rise in half-year profits despite a rota blunder which saw thousands of flights scrapped.

Regulator Ofwat awards Severn Trent £38m of customers' money for performance

Regulator Ofwat has told FTSE 100 water company Severn Trent it can add £38.4m to customers' bills after it outperformed targets in reducing sewer flooding and other areas.

British Airways boss dismisses claim 'no deal' Brexit will ground flights

The boss of British Airways has dismissed claims - including from Chancellor Philip Hammond - that flights could be grounded if Britain leaves the EU without a divorce deal.

Burberry's president Christopher Bailey to leave at end of 2018

Burberry's president and chief creative officer, Christopher Bailey, is leaving the company after 17 years.

Eurozone growth exceeds expectations, according to EU statistics office Eurostat

The eurozone's economy grew by 0.6% in the three months to September, above analysts' expectations, according to EU statistics office Eurostat.

Advertising giant WPP battles 'low growth' advertising market

Advertising giant WPP has cut its sales and profit margin forecasts for the second time in two months.

Netflix ends House of Cards amid sex claim against Kevin Spacey

Netflix has pulled the plug on House of Cards, a day after its lead actor Kevin Spacey was accused of sexually harassing a teenage boy.

Japan's Sony forecasts record annual profit as sensor sales rise

Japan's Sony has said it expects to deliver record annual profits as sales from its gaming businesses and smartphone parts boost the firm.

Prime Minister Theresa May reveals new jobs and funds for Brexit preparations

Up to 5,000 staff will be hired by HMRC next year to prepare for Brexit, the Government has announced.

Monday, 30 October 2017

NBC and MSNBC sack Mark Halperin over sexual harassment allegations

NBC News and MSNBC say they have terminated contracts with US political journalist Mark Halperin following allegations of sexual harassment.

Spain's chief prosecutor calls for rebellion charges

Spain's chief prosecutor has called for charges including rebellion - which carries a maximum 30 year jail term - to be brought against Catalan leaders.

Asda's current president and chief executive Sean Clarke leaves after 18 months

Asda's current president and chief executive, Sean Clarke, will leave his post at the end of the year after just 18 months in the job.

Apple engineer 'fired' after his daughter posted video of iPhone X

Apple has reportedly fired one of its engineers after his daughter posted a video of the iPhone X before the official launch.

Spanish stock market started the week on a high

Spain's stock market has started the week on a high as investors were cheered by an anti-independence rally and results of a poll ahead of regional elections.

Banking giant HSBC posts huge jump in profit as Asia business grows

Banking giant HSBC has reported pre-tax quarterly profits of $4.6bn (£3.5bn) for the three months to the end of September.

EasyJet agrees €40m deal with insolvent Air Berlin, in a move that will secure 1,000 jobs

EasyJet has confirmed a €40m (£35m) deal with Air Berlin to buy part of the insolvent German airline's operations, in a move that will secure 1,000 jobs.

Powerful storms kill six in Germany, Poland and Czech Republic

Powerful storms have wreaked havoc in parts of central and northern Europe, killing at least six people in Germany, Poland and the Czech Republic.

Saudi Arabia to allow women into sports stadiums, officials say

Saudi Arabia will allow women to attend sports events in stadiums for the first time from next year, officials say.

Sunday, 29 October 2017

Roger Federer beats Juan Martin del Potro to win the Swiss Indoors

Switzerland's Roger Federer beat Argentine Juan Martin Del Potro to win the Swiss Indoors and narrow the gap on world number one Rafael Nadal.

Caroline Wozniacki beats Venus Williams to win season finale at the WTA Finals in Singapore

Denmark's Caroline Wozniacki beat Venus Williams to claim the biggest title of her career at the WTA Finals in Singapore.

Former Monarch owner makes profit-share pledge to taxpayers

The former owner of Monarch has pledged to use part of any profit it makes from the collapsed airline to compensate taxpayers saddled with a £60m bill for flying holidaymakers back to the UK.

Missing Russian helicopter found in Norway Arctic sea, officials say

A Norwegian search team has located the wreckage of a Russian helicopter that crashed into the sea with eight people on board in the Arctic.

Thousands of pro-unity supporters march through Barcelona on Sunday

Spain's foreign minister has said "reality is already sinking in" for Catalonia after Madrid dismissed the parliament.

'Heartless' fraudsters take thousands of pounds from dying woman

"Heartless" fraudsters conned a grandmother out of thousands of pounds hours after she was told she was going to die of cancer.

International Trade minister Mark Garnier investigated over sex toy admission

International Trade minister Mark Garnier will be investigated over a possible breach of ministerial rules after he admitted asking a former aide to buy sex toys.

Anthony Joshua beats Carlos Takam in tough fight

Anthony Joshua has retained his heavyweight titles in an unexpectedly tough fight against stand-in opponent Carlos Takam.

Heathrow investigates after 'security files found on USB stick'

Heathrow officials are investigating after a USB stick containing confidential data – including the exact route the Queen takes to the airport – was reportedly found in the street.

Saturday, 28 October 2017

England beat Spain 5-2 to WIN Under-17 World Cup

England have won the Under-17 World Cup after coming back from 2-0 down in the final to beat Spain 5-2 in India.

Explosions rock outside of a hotel in Mogadishu, according to Somali police

Two car bombs have exploded outside of a hotel in Mogadishu and gunfire has been heard inside, according to Somali police.

Greek police arrested a man over letter bombs sent to EU officials

Greek police say they have arrested a man in Athens in connection with a series of letter bomb attacks on EU officials earlier this year.

late Hollywood star Paul Newman's watch sells for record $18m at auction in New York

A Rolex watch belonging to the late Hollywood star Paul Newman has sold for a record price at auction in New York.

Nine Navy sailors on nuclear Trident submarine HMS Vigilant axed over drugs tests

The Royal Navy has discharged nine service personnel on a nuclear submarine for testing positive for drugs.

Friday, 27 October 2017

The price of a barrel of oil tops $60 for first time in more than two years

The price of a barrel of oil has topped $60 for the first time in more than two years on rising expectations of a renewed deal to cut supplies.

Spanish Prime Minister sacks Catalan government after independence declaration

Spanish government sacks Catalonia's cabinet in wake of independence declaration

Volkswagen diesel emissions scandal still hitting profits

Volkswagen's diesel emissions scandal has continued to hit its profits, according to the latest figures from the carmaker.

US economy expanded at an annual pace of 3% which was stronger than expected

The US economy expanded at an annual pace of 3% during the three months to the end of September, which was stronger than expected.

US department store chain JC Penney shares slump after outlook cut

US department store chain JC Penney's shares have fallen more than 20% in early trading after it cut its full-year profit outlook sharply.

Royal Bank of Scotland 'on track' with third-quarter profit

Royal Bank of Scotland has said it is "on track" after seeing a £392m profit for the July-to-September period, with profits for the year so far now £1.3bn.

Hotel booking sites probed by UK's competition watchdog to see if consumers are being misled

Hotel booking sites are to be probed by the UK's competition watchdog to see if consumers are being misled by them.

Tech giants Amazon and Alphabet report sales surge

Tech giants Amazon and Google's parent Alphabet have posted a surge in sales over the last three months.

EU bank may not fully repay UK until thirty years after Brexit

Billions of euros of British taxpayers' money could remain locked into an EU bank for more than thirty years after Brexit, the UK has been warned.

Australian deputy PM quits in dual citizenship row

Australia's centre-right government has lost its majority after the deputy prime minister was declared ineligible for parliament.

US government released classified files on the assassination of President John F Kennedy

The US government has released 2,800 previously classified files on the assassination of President John F Kennedy in 1963.

Thursday, 26 October 2017

Barclays pre-tax profits up 31% in third quarter as boss sets new targets

Shares in Barclays have taken a tumble despite the bank announcing pre-tax profits of £1.1bn for its third quarter - a 31% jump on the same period last year.

European Central Bank to halve €60bn bond buying programme

The European Central Bank (ECB) will cut back its scheme designed to boost the economies of the eurozone.

Bombardier cut 280 jobs at its Belfast operations amid Boeing trade row

Bombardier is to cut 280 jobs at its Belfast operations as the company's trade row with US rival Boeing continues to simmer.

Former Guatemalan judge first to be sentenced in US Fifa scandal

A former Guatemalan judge who led his country's football federation has become the first person to be sentenced in a US investigation into corruption in Fifa.

Argentine ex-minister held on corruption charges

Argentina's former Planning Minister Julio De Vido has handed himself in to the authorities after he was stripped of his parliamentary immunity.

Dozens die in explosions at fireworks factory in Indonesia

Around 46 people have died, 46 are injured, and 10 are unaccounted for after explosions at a fireworks factory in Indonesia.