Thursday, 30 November 2017

Oil production cuts extended until the end of next year

Members of the OPEC oil cartel and other nations, including Russia, have agreed to extend production cuts aimed at propping up prices until the end of next year.

Price of digital currency Bitcoin slides amid rollercoaster ride

The price of digital currency Bitcoin has fallen sharply in a period of wild trading since it passed the $11,000 mark a day ago.

Pound goes over $1.35 mark for the first time in two months on Brexit hopes

The pound broke through the $1.35 mark for the first time in two months on Thursday amid hopes of progress in the Brexit negotiations.

Sam Allardyce signs 18-month deal to become Everton's new manager

Sam Allardyce has signed an 18-month deal to become Everton's new manager.

Oil giant Shell reveals gender pay gap of 22%

Oil giant Shell says male staff working for the company on average earn 22% more than women in the UK.

Google faces mass legal action in UK over data snooping

Google is being taken to court, accused of collecting the personal data of millions of users, in the first mass legal action of its kind in the UK.

Cereals giant Kellogg's to cut sugar in kids' cereals by up to 40%

Cereals giant Kellogg's is to cut the amount of sugar in its three top selling children's cereals by between 20% and 40% by the middle of next year.

UN's humanitarian co-ordinator for Syria seeks urgent Eastern Ghouta medical evacuations

The UN's humanitarian co-ordinator for Syria says 500 people with urgent medical needs must be evacuated from a besieged rebel-held area near Damascus.

Iceland's Left-Green leader Katrín Jakobsdóttir becomes new prime minister

Katrín Jakobsdóttir has become Iceland's new prime minister after her Left-Green Movement secured a coalition deal.

British man Oliver Hall fighting Islamic State in Syria dies while clearing mines

A British man who joined Kurdish forces in Syria to fight Islamic State has died while clearing mines in Raqqa.

Ireland's foreign minister Simon Coveney named new Irish deputy PM after whistleblower scandal

Irish Prime Minister Leo Varadkar has appointed his foreign affairs minister, Simon Coveney, as his new deputy premier.

Prime Minister Theresa May pledges millions to tackle 'root causes' of Middle East terror

The Prime Minister believes investment and jobs will help tackle the "root causes of terrorism" in the Middle East as she makes a new commitment to Jordan.

Wednesday, 29 November 2017

Uber says 2.7m British riders and drivers hit by breach that was covered up

Uber has revealed that 2.7 million British riders and drivers were affected by a 2016 data breach that it covered up for more than a year.

Criminals pose as police to steal cash

Criminals are posing as police and stealing money from victims who believe they are helping an undercover investigation.

War criminal dies after taking poison in court

War criminal Slobodan Praljak has died in hospital after drinking what he claimed to be poison during a court appearance, according to Croatian state TV.

Stock exchange boss Xavier Rolet leaves with up to £12.6m amid boardroom row

The chief executive of the London Stock Exchange, Xavier Rolet, is in line for payments up to £12.6m, as he leaves the company amid a bruising boardroom row.

Shares in Cineworld tumbles on £2.7bn cinema deal

Shares in Cineworld have plunged 17% after confirming it is in advanced talks to buy US cinema chain Regal.

NBC sacks Today Show host Matt Lauer over alleged 'inappropriate sexual behaviour'

US TV network NBC has sacked its star morning show host Matt Lauer over a sexual misconduct allegation.

Apple trying to fix major password glitch within its latest Mac operating system

Apple says it is trying to fix a major glitch within its latest Mac operating system.

Florida 'serial killer' suspect arrested after McDonald's sighting, says Tampa Police chief Brian Dugan

A man has been arrested in the hunt for a suspected serial killer in Florida.

Brexit divorce bill could be up to 50bn euros

The UK could end up paying an EU divorce bill of up to £50bn, prompting the threat of a Brexit backlash against Theresa May.

Bitcoin crosses $10,000 milestone for the first time

The value of one bitcoin has gone past $10,000 (£7,493).

Saudi Prince Miteb bin Abdullah freed, say officials

Saudi Prince Miteb bin Abdullah has been released more than three weeks after he was detained on allegations of corruption, officials have said.

Water entered the sub through snorkel causing short circuit, Argentine navy says

The Argentine navy says that before its San Juan submarine with 44 crew on board went missing on 15 November in the Atlantic Ocean, the vessel's captain reported that water had entered 

War crimes suspect told judge "I have taken poison"

A war crimes appeal hearing in The Hague has been suspended after the accused drank what he said was poison upon hearing the verdict.

North Korea claims new ballistic missile is capable of "striking the whole US mainland"

North Korea says it has successfully tested an intercontinental ballistic missile capable of "striking the whole US mainland".

Free ATMs 'must be available across UK', MP says

The network that oversees free-to-use cash machines across the UK must ensure there is an even spread of ATMs across the country, an influential MP says.

US to investigate Chinese aluminium trade

The US has announced another trade investigation, this time targeting China's aluminium industry.

Rail lines shut during 1960s Beeching cuts could be reopened, says Transport Secretary Chris Grayling

Rail lines which were closed during the Beeching cuts in the 1960s could be reopened and some big franchises split up under Government plans.

Tuesday, 28 November 2017

The wholesaler Palmer & Harvey enters administration leaving 2,500 already out of work

The wholesaler Palmer & Harvey (P&H) has entered administration after the failure of rescue talks, leaving 2,500 people out of work just weeks before Christmas.

No evidence Tesco's former finance chief bullied staff into falsifying company's accounts

There is no evidence that Tesco's former finance chief bullied staff into falsifying the company's accounts, a court has heard.

Irish deputy prime minister Frances Fitzgerald to resign amid crisis

The Irish Prime Minister has written to the leader of the country's biggest opposition party confirming that the Irish deputy prime minister Frances Fitzgerald has offered her resignation.
Leo Varadkar said he had accepted it.

German pro-refugee mayor Andreas Hollstein stabbed in the neck

A mayor in western Germany has survived a knife attack amid suspicions of a link to his liberal immigration policy.

No Alexis Sanchez & Mesut Ozil exit in January - Arsene Wenger

Manager Arsene Wenger says forward Alexis Sanchez and midfielder Mesut Ozil will be at Arsenal after the January transfer window "unless something unbelievable happens".

Shares in Ocado surge on Groupe Casino tie-up

Shares in Ocado jumped by more than 20% after the online grocer announced a long-awaited international partnership.

Furniture retailer Feather & Black collapse puts 123 jobs under threat

Furniture retailer Feather & Black has gone into administration, putting 123 jobs under threat.

Japan's Softbank 'bids for stake in Uber' at a valuation of $48bn

Japan's Softbank has reportedly made a heavily discounted bid to buy Uber shares at a valuation of $48bn (£36bn).

Indonesian officials shut international airport in Bali for a second day

Indonesian officials have shut the international airport in Bali for a second day, as Mount Agung spews volcanic ash into the atmosphere.

Skeletons found on 'ghost ship' washed up in Japan

Japanese authorities are trying to identify eight people whose partially skeletonised remains were found on a wooden boat that washed up on a beach.

Melbourne man 20-year-old planned New Year's Eve terror attack, police say

Australian police have arrested a man they allege was planning to carry out a terror attack during New Year's Eve celebrations in Melbourne.

Six British former soldiers released from Indian jail

Six British former soldiers have been released from an Indian prison four years after being arrested and detained on weapons charges.

British Airways owner IAG secures Monarch's London Gatwick airport slots

British Airways owner IAG has secured take-off and landing slots at London's Gatwick airport that used to belong to Monarch before it collapsed.

Monday, 27 November 2017

Two pharmaceutical firms plans will create 1,850 jobs in Manchester and London

Two pharmaceutical firms have said they will invest more than £1bn in the UK, creating about 1,850 jobs.

Virtual currency Bitcoin is at record high of $9,700 after jumping 4.5%

Virtual currency Bitcoin is at a record high of $9,700 after jumping 4.5% so far on Monday.

Shares in Pearson fell 1.7% after teaching unit sale

Shares in Pearson fell 1.7% after the education group said it had sold its language teaching unit Wall Street English for $300m (£225m).

Prince Harry to marry Meghan Markle

Prince Harry is to marry his American actress girlfriend Meghan Markle, Clarence House has announced.

Venezuelan President Nicolás Maduro names general to head Venezuela oil firm

Venezuelan President Nicolás Maduro has named a general to head the state oil company, PDVSA, and the country's energy ministry.

Russian air strikes 'kill dozens of civilians' in east Syrian village of Al-Shafah, a monitoring group says

At least 53 civilians have been killed in Russian air strikes in the east Syrian village of Al-Shafah, a monitoring group says.

Bali volcano alert raised to highest level

Around 100,000 people near Bali's Mount Agung have been ordered to evacuate as officials fear a major eruption.

Many consumers still struggle to get out of unwanted subscription contracts, according to Citizens Advice

Many consumers still struggle to get out of unwanted subscriptions such as gym memberships and online streaming services, according to Citizens Advice.