Political News
Crossrail costs blow out to £18bn as further delays announced
Costs on London's troubled Crossrail line have blown out to more than £18bn with its final completion now pushed back to 2021 at the earliest, Transport for London (TfL) said on Friday.
Commodities: Energy and copper futures slide
Crude oil and copper futures slid sharply on the final day of the month, with concerns around the current state of US-China trade talks triggering a wave of selling, albeit amid holiday depleted tradung volumes.
Several persons 'injured' in fight near London Bridge
Several persons were believed injured and at least one person was shot during what the London Ambulance Service declared was a "major incident" at London Bridge.
Daimler to cut 10,000 jobs by 2022
Mercedes Benz owner Daimler will cut at least 10,000 jobs worldwide by 2022 as it looks to fund a drive towards further electric vehicle production.
UK should invest £20bn into UN climate fund by 2030 to pay its 'fair share'
The latest report from the Institution for Public Policy Research (IPPR) says the UK should put £20. 0bn into the UN climate fund by 2030 to pay its “fair share”.
Planned Npower closures threaten 4,500 jobs
Energy giant npower is set to close most of its eight UK sites as part of a cost-cutting drive, putting 4,500 jobs on the line.
FX round-up: Pound little changed despite polls, Chilean and Colombian peso unloved
The pound was little changed on Thursday, despite the release of poll data predicting a big win for Conservatives at the next general elections and a strong reading on UK consumer confidence.
Commodities: Oil and copper futures dip as US signs HK bill into law
Commodity prices weakened on Thursday after the US President signed into law a new bill that some observers worried might trip up trade negotiations with Beijing.
China accuses US of 'sinister intentions' after Trump signs Hong Kong pro-rights bill
China’s Ministry of Foreign Affairs said Thursday it was opposed to the US government's signing of a bill supporting Hong Kong protesters' rights into law and accused the Trump administration of having "sinister intentions".
Bags for life strong cause for rising plastic pollution
Plastic "bags for life" are one of the chief causes of rising plastic pollution despite having long been billed as a possible solution.
Beijing considering banning US lawmakers - report
China is considering putting certain US legislators on a no-entry list after US President Donald Trump signed the Hong Kong Human Rights and Democracy Act into law, according to a well-placed source.
PwC to create 600 jobs in Northern Ireland
PriceWaterhouseCoopers will hire over 600 skilled employees in Northern Ireland over the next five years as part of a special trainee program.
New dossier 'proves NHS would be part of US/UK trade talks'
The UK's National Health Service (NHS) would be part of any future post-Brexit trade deal with the US, according to unredacted documents released by the opposition Labour Party on Wednesday.
Post-Brexit tarriffs would cost UK car industry £42.7bn by 2024
The latest report from the Society of Motor Manufacturers and Traders urged Westminster to deliver an ambitious Brexit deal, warning that tariffs could decimate UK car production.
Chinese industrial profits slump as trade war hits home
China’s industrial profits fell at the steepest rate in eight months in October, data released overnight showed, undermined by Beijing’s increasingly bitter trade war with Washington.
Credit Suisse forecasts 'modest' single-digit gains for stocks in 2020
Strategists at Credit Suisse forecast "modest" single-digit returns for equity investors in 2020, despite a wide assortment of risks which were expected to buffet financial markets, even if the US-China trade war eased and Brexit related uncertainty decreased.
Dollar Tree shares fall as US-China trade war dents profit forecasts
Shares in Dollar Tree tumbled on Tuesday after the discount retailer cut its forecasts for the crucial holiday season.
US and China reach 'consensus' over trade deal - report
Washington and Beijing have reportedly reached a ‘consensus’ on trade talks, spurring hopes that a deal could be imminent.
Most Black Friday deals are not genuine discounts - Which?
Just one in 20 Black Friday deals are genuine and the shopping day is surrounded by “hype” revealed the latest research by Which?.
'Bring it on', Elon Musk replies to Ford VP's challenge
Ford Vice President Sundeep Madra challenged Elon Musk to a fair tow battle between the F-150 and Tesla's Cybertruck after Musk took a swipe at Ford at the unveiling of the latter, prompting a quick reply from the tech visionary.