Monday, 30 April 2018

President Donald Trump deserves the Nobel Peace Prize, says South Korea's President



Donald Trump should win the Nobel Peace Prize for his efforts to unify Korea, the South Korean President has reportedly suggested.

EU Trade Commissioner Cecilia Malmstrom to hold talks with her US counterpart on exemption for EU



EU Trade Commissioner Cecilia Malmstrom is to hold last-ditch talks with her US counterpart aimed at exempting the 28-nation bloc from President Donald Trump's steel and aluminium tariffs.

Struggling floor covering chain Carpetright warns of £9m annual loss



Struggling floor covering chain Carpetright has warned it expects to make losses this year of between £7m-£9m, compared with a profit of £14.4m last year.

Barnier warns of no Brexit deal without ''backstop" option for Irish border



There can be no Brexit withdrawal agreement without a "backstop" option for the Irish border, the EU's chief Brexit negotiator has said.

Journalists among 25 killed in Kabul suicide bombings



At least 25 people have been killed in two bombings in the Afghan capital Kabul, including several journalists documenting the scene.

North Korea resets clocks to match the time in South Korea



North Korea will move its clocks half an hour forward to match the time in South Korea.

Sajid Javid to be new home secretary after Amber Rudd resigns



Sajid Javid has said his most "urgent task" is to help the Windrush generation, after succeeding Amber Rudd as home secretary.

Former German chancellor Gerhard Schroeder 'sued for affair' in South Korea



A South Korean man is suing former German chancellor Gerhard Schroeder for allegedly having an affair with his ex-wife, reports say.

Barcelona clinch La Liga title with Messi hat-trick



Barcelona wrapped up the league title in Ernesto Valverde's first season as manager with a Lionel Messi-inspired victory over Deportivo La Coruna.

Amber Rudd's resignation letter and Theresa May's response



Amber Rudd has resigned as home secretary after a period of political pressure stemming from her handling of the Windrush scandal. Here is the resignation letter she sent to Prime Minister Theresa May. Mrs May's response is also published in full below.

Sunday, 29 April 2018

Saturday, 28 April 2018

Sainsbury's and Asda in talks about grocery merger



Merger talks between British supermarket chains Sainsbury's and Asda are at a reasonably advanced stage, BBC business editor Simon Jack confirmed.

Alfie Evans dies: Parents of life support battle toddler 'heartbroken'



Toddler Alfie Evans has died after his parents lost their legal fight to continue his life support.

Oil giant ExxonMobil posts profit rise



Oil giant Exxon posted first-quarter earnings of $4.7bn (£3.4bn) on Friday.

Friday's summit between leaders of North and South Korea was a "historic meeting", North Korea's media say



Friday's summit between the leaders of North and South Korea was a "historic meeting" paving the way for the start of a new era, North Korea's media say.

Friday, 27 April 2018

Royal Bank of Scotland reported profit of £792m for the first three months of the year



Royal Bank of Scotland has reported a profit of £792m for the first three months of the year, up from £259m for the same quarter last year.

Tesco recalls Hearty Food Company ready meals over fears they could trigger allergic reactions



Tesco has said it is recalling two ready meals due to fears they could trigger allergic reactions.

Sony profits rise almost seven-fold to $4.5bn



The Japanese electronics to entertainment specialist Sony has announced annual net profits of $4.5bn (£3.2bn) despite a drag from its mobile phone unit.

Amazon reported 43% surge in revenues for the first quarter



Amazon has reported a 43% surge in revenues for the first quarter, fuelled by online shopping in the US.

Number of parking tickets issued by car park management firms in Britain at record high



The number of parking tickets issued by car park management firms in Britain hit a record 5.65m last year, analysis of government driver data suggests.

Discount retailer Poundworld adds to retail gloom



Discount retailer Poundworld is looking at closing about 100 of its 355 stores, putting up to 1,500 jobs at risk.

UK economy grew at its slowest rate since 2012 in the first quarter



The UK economy grew at its slowest rate since 2012 in the first quarter of the year, the Office for National Statistics (ONS) has said.

Leaders of North and South Korea make nuclear pledge after historic summit



The leaders of North and South Korea have agreed to work to rid the peninsula of nuclear weapons after holding a historic summit.

Duke and Duchess of Cambridge named their third child Prince Louis Arthur Charles



The Duke and Duchess of Cambridge have named their third child Louis Arthur Charles.

Thursday, 26 April 2018

Household energy suppliers SSE merger with npower could 'lead to higher prices'



The proposed merger between household energy suppliers SSE and npower is feeling the heat from competition regulators.

Deutsche Bank will make 'significant' job cuts



Deutsche Bank will make "significant" job cuts as it scales back its corporate and investment banking operations, Germany's biggest lender has said.

Japanese games giant Nintendo Switch fuels strong rise in profits



Japanese games giant Nintendo reported annual profits of $1.28bn, a 36% rise, due to the continuing popularity of its Switch gaming console.

North and South Korea prepare for 'historic' border summit



South Korea’s President will greet Kim Jong Un at the border when he arrives for the inter-Korean summit.

Knife crime rises in England and Wales as London murders surge, official figures show



Police recording of knife crime rose by 22% in England and Wales last year while London experienced a surging murder rate, official figures show.

Football Association offered £900m to sell Wembley Stadium



Fulham owner Shahid Khan has made an offer, thought to be worth £900m, to buy Wembley Stadium from the Football Association.

New UK banks challenge dominance of 'big four'



There may be all kinds of concerns about the cost of office rents in London and access to skilled workers following Brexit, but Britain's financial technology (fintech) sector is still firing on all cylinders.

President Donald Trump UK visit date confirmed for Friday, 13 July



The White House and Downing Street have confirmed that Donald Trump will visit the UK on Friday, 13 July.

Wednesday, 25 April 2018

Boeing profits soar



 6% increase in sales in the first quarter to $23.4bn.

Online fashion firm Boohoo sees sales and profits surge



Online fashion firm Boohoo has reported strong full-year sales and profits.

Millions of electronic door locks fitted to hotel rooms worldwide were vulnerable to hack



Millions of electronic door locks fitted to hotel rooms worldwide have been found to be vulnerable to a hack.

Rivals Airbus and Dassault Aviation join forces to build next fighter aircraft



Rivals Airbus and Dassault Aviation have struck a deal to develop and produce Europe's next generation of fighter aircraft.

Lloyds Banking Group profits jump by 23% to £1.6bn



Lloyds Banking Group has said it has made a "strong start" to 2018, with profits for the first three months of the year jumping by nearly a quarter.

Liverpool-Roma clash: Victim of Anfield attack named



A man left in a critical condition after he was attacked before Liverpool's Champions League semi-final against Roma has been named.

Head of Spain's Madrid region Cristina Cifuentes resigns over supermarket 'theft video'



The head of Spain's Madrid region has stepped down amid shoplifting allegations, weeks after being accused of faking a master's degree.

Danish inventor Peter Madsen given life sentence for the murder of Swedish journalist Kim Wall



Danish inventor Peter Madsen has been sentenced to life in prison without parole for the murder of the Swedish journalist Kim Wall on his submarine.

Michigan State Police Officers asked lorry drivers to park under bridge to help suicidal man



More than a dozen lorry drivers in Detroit came together on Tuesday to help a man on a bridge who was contemplating suicide.

WhatsApp is raising minimum age limit of its users to 16 across Europe



WhatsApp is raising the minimum age limit of its users to 16 across Europe.

Tuesday, 24 April 2018

Trump and Macron hail 'beautiful friendship'



Donald Trump hailed the "great relationship" he has with French President Emmanuel Macron and insisted their friendship was "not fake news" as talks got under way in Washington.

Profits at Google-owner Alphabet jumped almost 73% in the first three months of the year



Profits at Google-owner Alphabet jumped almost 73% in the first three months of the year, as revenues from internet advertising soared.

French billionaire Vincent Bolloré held over 'Africa corruption'



French billionaire Vincent Bolloré has been detained for questioning by anti-corruption police near Paris.

European regulators will launch an in-depth investigation of Apple's planned $400m purchase of Shazam



European regulators will launch an in-depth investigation of Apple's planned $400m purchase of Shazam, the music recognition app developed in the UK.

Leading Chinese tech firms pledged to address gender discrimination in job adverts



Leading Chinese tech firms have pledged to address gender discrimination in job ads after a damning report by campaign group Human Rights Watch (HRW).