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The great interest rate rip off part 10


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United Airlines boss will not resign

 

 

 

 

Oscar Munoz said he felt "shame and embarrassment" over the forcible removal of a seated passenger.

 

 

 

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Wage growth slows as inflation bites

 

The UK unemployment rate remains at 4.7% as inflation starts to erase wage growth, ONS figures show.

 

  • 12 April 2017
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Live US stocks rattled by overseas conflicts

 

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Vodafone scraps most Europe roaming fees

 

 

 

London 'not best' for fintech start-ups

 

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Tesco full-year profits hit by fine

 

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Apple takes Swatch to court over ad

 

 

 

EDF raises energy prices twice this year

 

  • 12 April 2017
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Barclays to investigate security chief

 

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Call to remove chairman in Akzo battle

 

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Travellers keep WH Smith buoyant

 

  • 12 April 2017
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Students face sharp rise in loan rates

 

 

 

 

 

Brexit vote site 'may have been hacked'

 

 

 

 

 

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Eggs-porting isn't easy

 

Why this Easter gift is so difficult to sell overseas

 

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United Airlines' public relations disaster

 

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Lyrics battle

 

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The female entrepreneurs wedding tech with philanthropy

 

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Our Experts

 

Farewell to pay growth

 

The jobs market is robust , but pay rises have largely stalled and for many are already in reverse.

12 April 2017

 

Kamal Ahmed Economics editor

Barclays security chief faces disciplinary action

 

Barclays' security chief faces a disciplinary probe over a whistleblowing case, the BBC understands.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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FTSE slips from three-week highs as Tesco slumps

 

Britain's top share index inched lower on Tuesday after rising to a three-week high in the previous session, as results weighed on Tesco shares and the broader UK supermarket sector.

5:05pm BST

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UK wage growth after inflation almost disappears

 

Inflation almost completely gnawed away the growth in pay of British workers during the three months to February, the clearest evidence yet that households are feeling the strain of rising prices as Brexit negotiations begin.

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Hunt for Barclays whistleblower tests strength of new UK regime

 

Barclays chief executive Jes Staley's attempts to unmask a whistleblower will be a test case for a regime put in place last year that aims to hold bank bosses to account if they fail to defend reinforced standards.

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Post-Brexit customs checks a 'catastrophe' for UK shipping - trade body

 

The introduction of physical customs checks following Brexit would be a catastrophe for British ports and shipping and would likely reduce the volume of trade, the head of the sector's UK industry body said on Wednesday.

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Bank of England says no need for tougher fintech regulation

 

Bank of England Governor Mark Carney said on Wednesday the financial technology sector did not need the same level of regulation as banks, in the latest sign of Britain seeking to cement its position as a global fintech hub after Brexit.

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Germany's Schaeuble says we need a pro-EU France, hopes Le Pen loses

 

Germany needs a strong, pro-European France to hold together the European project, veteran German Finance Minister Wolfgang Schaeuble said on Wednesday, less than two weeks out from the first round of the French presidential election.

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Airbus CEO considers new term, says not retiring soon

 

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Grey market has become a necessary evil for luxury watchmakers

 

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IMF chief Lagarde says 'halfway' there on Greek bailout talks

 

International Monetary Fund chief Christine Lagarde said on Wednesday Greece was heading in the right direction on reforms, but talks on its bailout review and the IMF's potential role in it were "only halfway through".

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Tesco defends Booker deal after profit beats forecasts

 

Tesco , Britain's biggest retailer, beat forecasts for annual profit as its recovery gained pace, potentially strengthening the hand of boss Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker .

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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How Much Would You Put Up With to Avoid United Airlines?

 

By KEVIN QUEALY

 

About 44 percent of survey respondents said they would rather fly with a competitor — even if the flight cost more and took twice as long.

 

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New York Moves to Require Uber to Provide Tipping Option in Its App

 

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China’s Economy Grows 6.9%, but Warning Signs Persist

 

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After Economic Crisis, Low Birthrates Challenge Southern Europe

 

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A hot spot for childlessness is rising in Greece and neighboring countries, heralding weaker growth and productivity, and creating fiscal problems.

 

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Slack, an Upstart in Messaging, Now Faces Giant Tech Rivals

 

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Microsoft and Facebook have rolled out competing tools. But Slack’s chief executive says small tech companies with new ideas have a history of defeating the big guys.

 

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Cleveland Police Seek Suspect After a Killing Seen on Facebook

 

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The man suspected to be the gunman claimed to have killed other people, but the police said they knew of only one victim.

 

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Inside the Hotel Industry’s Plan to Combat Airbnb

 

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Newly obtained documents show how the American Hotel and Lodging Association is taking steps to curb the online short-term rental company.

 

 

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Car Chases, Cute Newcomers and Familiar Faces: Plotting a Turnaround at Sony Pictures

 

By BROOKS BARNES

 

The studio’s movie chairman, Thomas Rothman, has several promising films scheduled for release, but whether one will be the megahit he needs is uncertain.

 

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BP Struggles to Control Damaged Well in Alaskan Arctic

 

By CLIFFORD KRAUSS

 

Crews have been battling frigid winds to secure the well, which began spewing natural gas vapors on Friday. No injuries were reported.

 

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Vietnamese Leader Halts Work on Steel Plant Over Threat of Chemical Spill

 

By REUTERS

 

The prime minister stopped construction on a $10 billion plant, aiming to prevent a spill like the one last year at another steel plant that caused an environmental disaster.

 

 

The Week Ahead: Earnings From Two Big Banks, and a New Galaxy From Samsung

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Lloyds 'chooses Berlin' as base for its European hub post-Brexit

 

The bank reportedly considered several cities for the location of its EU base, including Amsterdam and Dublin

 

 

 

 

 

Mild weather and cheap pound lure shoppers to high streets over Easter

 

 

 

 

 

 

 

 

 

 

How the practice of late payment is threatening Startup Britain

 

More than half of Britain’s SMEs are currently waiting for overdue bills to be settled, with an estimated £44.6bn in late payments outstanding

 

 

 

 

 

 

Cheapest beach holiday destination in Europe revealed

 

 

 

 

 

 

Credit Suisse bosses agree to slash bonuses after shareholder fury

 

 

 

 

 

 

Bernard Matthews owner 'put profits before protecting pensions'

 

Bernard Matthews was sold by Rutland Partners to Boparan Private Office last summer via an £87.5m pre-pack administration

 

 

 

 

 

 

 

 

Hundreds of Amazon employees pressure bosses to ditch Breitbart News

 

Online retailer urged to drop website claimed to publish ‘hateful and bigoted content’ by its own employees, buoying up wider campaign

 

 

 

 

 

 

Uber faces $1 million fine after complaints drivers were drunk

 

Uber was found to have violated ‘zero-tolerance’ rules governing drunken-driving complaints on 151 occasions over the course of a year

 

 

 

 

 

 

 

 

Apple ‘considering investing' in Toshiba’s semiconductor business

 

Toshiba has narrowed down the field of bidders for its chip unit to four suitors, sources have said previously

 

 

 

 

 

 

Labour will make it illegal for banks to close high street branches

 

Shadow Chancellor John McDonnell will change the law to keep banks open, a policy that the industry calls 'unsustainable'

 

 

 

 

 

Tories blamed for solar power crisis with new panels down 80%

 

 

 

 

 

Tesco apologises for ‘Good Friday just got better’ beer advert

 

 

 

 

 

 

Starbucks blames fall in consumer confidence for 61% UK profit slump

 

The world’s biggest coffee chain’s pre-tax profits slumped from £34.2m to £13.4m in the year to 2 October 2016

 

 

 

 

 

 

 

 

United Airlines customers try to stop CEO getting £500,000 bonus

 

Boss' pay is linked to customer satisfaction surveys - people were already pretty disgruntled before a video of a Doctor being manhandled off a plane went viral

 

 

 

 

 

 

UK households face billion pound energy bill

 

Recently announced price increases have ranged from 1 to 10 per cent and MoneySuperMarket said that this means that affected households will be paying £97 more a year on average

 

 

 

 

 

 

 

Rarest 50p coins revealed with some worth as much as £100

 

The rarest 50p featuring the Kew Gardens design is worth up to £100 on eBay

 

 

 

 

 

Victoria Beckham trademarks her five-year-old daughter's name

 

 

 

 

 

There's good news for pubs, bars and restaurants this Easter weekend

 

 

 

 

 

 

UK investors keen to put their cash into new businesses, survey shows

 

Exclusive: Survey finds that 13 per cent of those questioned feel the biggest opportunity in 2017 lies in private equity investment into UK businesses

 

 

 

 

 

 

 

Britain’s massive unclaimed benefits failure – and how to fix it

 

While the government’s opponents rage about benefits being cut, claims on what remains are often barely 50 per cent of those entitled

 

 

 

 

 

Marine Le Pen could be unlikely saviour of Brexit-battered pound

 

 

 

 

 

Rome’s Trevi Fountain generates €1.4m for city’s charities in 2016

 

 

 

 

 

 

UK workers prefer traditional employment to the gig economy

 

Only 10 per cent said that they thought that it represents the future of employment

 

 

 

 

 

 

 

 

HSBC says Brexit is already causing companies to re-route business

 

HSBC CEO Stuart Gulliver has said as many as 1,000 of HSBC’s traders and salespeople will relocate from London to Paris

 

 

 

 

 

Business investment remains weak says Bank of England survey

 

 

 

 

 

UK companies already struggling to find people with the right skills

 

 

 

 

 

 

Burger King's latest advertising campaign has backfired massively

 

The fast-food chain released a 15-second advert in the US which claimed there was not enough time to explain 'all the fresh ingredient in its Whopper sandwich'

 

 

 

 

 

 

 

Apple hires secret team to develop sensors to treat diabetes

 

Last year, GlaxoSmithKline and Google parent Alphabet unveiled a joint company aimed at marketing bioelectronic devices to fight illness by attaching to individual nerves

 

 

 

 

 

 

 

 

Edinburgh ranked as the best city in the UK to start a new business

 

Bristol came in second, ahead of London, Liverpool and Brighton. Norwich was the worst-ranked of the 43 cities analysed

 

 

 

 

 

 

 

World trade seen growing 2.4% in 2017, according to WTO

 

Global trade grew by 1.3 per cent in 2016, the slowest pace since the financial crisis

 

 

 

 

 

 

Supermarkets' tactics to sneak in Brexit price hikes

 

Big grocers are keen to avoid another high-profile spat over more expensive jars of Marmite but with the cost of imports increasing sharply something has to give

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Easyjet forced couple off full flight

 

 

Airline staff failed to tell two passengers they were entitled to compensation after being 'deplaned'.

 

  • 17 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Drivers 'may be paid to scrap diesels'

 

Owners of some diesel vehicles could be paid to scrap them under plans to cut air pollution.

 

  • 17 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Can Netflix keep adding subscribers?

 

The streaming service is close to having 100 million subscribers, but can Netflix keep growing?

 

  • 17 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

Brazil's Odebrecht to pay $2.6bn fine

 

 

 

China first quarter growth hits 6.9%

 

  • 17 April 2017
  • From the section Business

 

 

Google takes Android search hit in Russia

 

 

 

 

 

 

Lloyds eyes Berlin for post-Brexit push

 

  • 16 April 2017
  • From the section Business

 

 

Distillers show 'explosive creativity'

 

 

 

Fate of the Furious breaks global record

 

 

 

Microsoft tackled 'NSA hack' before leak

 

 

 

United alters booking policy after ordeal

 

 

 

Toshiba looks to escape zombie fate

 

  • 16 April 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Hermes begins self-driving robot trial

 

 

 

 

 

Python with anorexia proves costly at vet

 

  • 14 April 2017
  • From the section Business

 

 

 

 

Features & Analysis

 

 

 

Care home fees

 

Is it legally possible to avoid them?

 

  • 15 April 2017
  • From the section Business

 

 

 

 

 

Trade agenda

 

Just what are Trump's trade priorities?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

The long, rough ride ahead for 'Made in America'

 

Mini motorcycle and go-kart maker Monster Moto made a big bet on U.S. manufacturing by moving assembly to this Louisiana town in 2016 from China.

7:56pm BST

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Dollar dips, gold gains on global risks; U.S. stocks bounce

 

Tensions over North Korea pressured the dollar against the yen and lifted gold prices on Monday, while U.S. stocks rose after three straight days of losses as investors shifted their focus to earnings.

6:30pm BST

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Oil dips, trade thin as some cash in after three-week rally

 

Crude oil prices slipped on Monday in subdued trading after a three-week rally capped by the long Easter holiday weekend, but losses were curbed by strong economic growth in China and a weaker dollar.

6:35pm BST

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HSBC predicts 100 Saudi Arabian listings in privatisation drive

 

Saudi Arabia's privatisation drive is likely to result in around 100 new stock market listings in sectors including mining, healthcare and retail, a top HSBC executive said on Monday.

11:46am BST

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BP says crews brought leaking Alaskan well under control

 

BP Plc said workers on Alaska's North Slope had brought under control a company-operated well that spewed oil and gas over the weekend.

7:23pm BST

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Snap stock falls as alleged CEO comments rile some on social media

 

Shares of Snap fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising growth in India and Spain because they were "poor" countries.

7:35pm BST

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China's Ant hikes MoneyGram bid by more a third, beats rival U.S. offer

 

China's Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm's board, although it still faces regulatory hurdles.

3:14pm BST

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PPG CEO - AkzoNobel independence plan riskier than merger

 

PPG Industries , the U.S. paint-maker that is trying to buy Dutch peer AkzoNobel for 24.6 billion euros (20.90 billion pounds), said on Monday that Akzo's plan to instead spin off its chemicals arm and remain independent is riskier and would create less value.

11:35am BST

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Wal-Mart seeks online fashion presence through acquisitions

 

Wal-Mart Stores Inc's bid for clothing retailer Bonobos, which surfaced last week, is the latest step in the company's attempt to recover lost ground against Amazon.com Inc and others in the rapidly growing online fashion world, analysts and retail consultants said.

6:58pm BST

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Steel, stimulus drive China's strongest economic growth since 2015

 

China's economy grew faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Economists and investors react to May's general election announcement

 

A big factor will be whether the election will make a softer stance on the Brexit negotiations more likely, one investor says

 

 

 

 

 

Pound sterling surges as Theresa May calls for general election

 

 

 

 

 

 

 

 

 

 

Now Air Canada takes flak in wake of United Airlines overbooking snafu

 

It bumped a 10-year-old boy, forcing his family into an impromptu road trip to get on a flight, while UA is again facing criticism, this time for kicking a couple en route to their wedding off a plane. But will any of these stories change industry practices? It's doubtful.

 

 

 

 

 

 

Bankers 'ran 133-year-old fashion chain Jaeger into the ground'

 

 

 

 

 

 

FTSE 100 suffers worst day since June after May calls for election

 

 

 

 

 

 

FCA's 'Harry Regulator and the Philosopher's Mission' is no bestseller

 

The watchdog has published a windy novella outlining its mission, and promised a sequel. Its budget would be better spent on actually protecting the public as opposed to talking about protecting the public

 

 

 

 

 

 

 

 

Trump's tax reform could be delayed thanks to defeated healthcare bill

 

Late last month, President Trump's flagship healthcare bill was killed off after failing to secure enough support from Republicans

 

 

 

 

 

 

Here's how the six-hour workday actually saves money

 

Swedish study did not properly take into account the long-term benefits of shorter working, researchers say

 

 

 

 

 

 

 

 

London house-price growth at five-year low as luxury sector slumps

 

Kensington and Chelsea led declines among the capital’s most expensive areas

 

 

 

 

 

 

Netflix adds five million subscribers in three months

 

Streaming-video giant reported first-quarter user gains that fell short of estimates because there wasn’t a 'House of Cards'-style hit to draw new viewers and retain others

 

 

 

 

 

Chinese conglomerate to sell Weetabix to US company Post Holdings

 

 

 

 

 

Make UK world's most competitive economy by 2030, CBI urges Government

 

 

 

 

 

 

Mild weather and cheap pound lure shoppers to high streets over Easter

 

Although footfall declined by 5.9% on Good Friday, it increased by 4.6% on Easter Saturday and also rose on Sunday compared to last year

 

 

 

 

 

 

 

 

All companies must ramp up security amid rise in cyber crime, says BCC

 

Adam Marshall, Director General of the BCC, warned that businesses should be mindful of an extension to data protection regulation coming into force next year

 

 

 

 

 

 

Single pensioners relying on State hits highest in over 20 years

 

The number of single pensioners who rely completely on the State for financial support has increased by 26% to 1.1 million over the last five years

 

 

 

 

 

 

 

Apple wins go-ahead to start testing self-driving cars in California

 

Smartphone-maker joins a roster of companies testing self-drive vehicles including Google-parent Alphabet, Ford, Volkswagen, Daimler, Tesla and General Motors

 

 

 

 

 

Lloyds 'chooses Berlin' as base for its European hub post-Brexit

 

 

 

 

 

G4S boss receives record £4.8m in pay and bonuses

 

 

 

 

 

 

How the practice of late payment is threatening Startup Britain

 

More than half of Britain’s SMEs are currently waiting for overdue bills to be settled, with an estimated £44.6bn in late payments outstanding

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Emerging Markets Are Bouncing Back From a Six-Year Slowdown

 

By LANDON THOMAS Jr.

 

 

A faster-than-expected recovery in emerging markets, and the implications for global growth, are likely to be hot topics at the I.M.F. spring meetings.

 

 

 

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Mandel Ngan/Agence France-Presse — Getty Images

 

Finance ministers, central bankers and financiers from around the world are gathering in Washington this week for the spring meetings of the International Monetary Fund.

 

 

 

 

 

 

 

 

 

 

 

 

 

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I.M.F. Raises Forecast for Global Economic Growth

 

By LANDON THOMAS Jr. 10:39 AM ET

 

The rosy forecast is a change for the fund, which has been fairly downbeat in recent years about the global economy’s capacity to deliver sustained growth.

 

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Mark Zuckerberg Sees Augmented Reality Ecosystem in Facebook

 

By MIKE ISAAC 59 minutes ago

 

Facebook’s chief executive introduced an augmented reality platform that will allow people to view and digitally manipulate the world around them.

 

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To Stay Ahead of Facebook, Snap Rolls Out 3-D Features for Messaging

 

By KATIE BENNER 9:00 AM ET

 

The company’s stock has fallen as competitors copy the features that once made Snapchat unique.

 

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Man Wanted in Cleveland Facebook Murder Kills Himself, Police Say

 

By CHRISTOPHER MELE 1:22 PM ET

 

Steve Stephens shot himself when Pennsylvania State Police were attempting to pull him over, the authorities said.

 

Silver Lake Raises $15 Billion Fund for New Tech Deals

 

By MICHAEL J. de la MERCED

 

The firm that has helped buy companies like Dell and Ultimate Fighting Championship is looking for more tech and media.

 

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Playtime During the Previews? Playgrounds Are the Latest Movie Theater Accessories

 

By CHRISTOPHER MELE 10:55 AM ET

 

Two California theaters have play areas in their auditoriums for 3- to 12-year-olds. But don’t worry, they’re not open while the show plays.

 

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A McDonald’s Ad That Never Mentions the Name McDonald’s

 

By SAPNA MAHESHWARI

 

The unbranded commercials challenge customers to Google for “that place where Coke tastes so good.”

 

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Vijay Mallya, Once India’s ‘King of Good Times,’ Is Arrested in London

 

By AMIE TSANG and HARI KUMAR 1:20 PM ET

 

He was held as part of extradition proceedings that could lead to him being sent back to India, which he fled over a year ago under an avalanche of unpaid bills and accusations of fraud.

 

19pollack-thumbStandard.jpg

New York Times Names Former Businessweek Editor to Head Business Section

 

By SYDNEY EMBER

 

The hiring of Ellen Pollock, formerly the editor in chief of Bloomberg Businessweek, is the latest move in a reshaping of The Times’s newsroom.

 

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With a Hollywood Writers’ Strike Looming, Here’s What to Know

 

By BROOKS BARNES 10:27 AM ET

 

On Wednesday, TV and movie writers will begin voting on whether to authorize a walkout, which could occur on May 2. Health care is a major issue.

 

18UBER-thumbStandard.jpg

New York City Moves to Require Uber to Provide a Tipping Option in Its App

 

By EMMA G. FITZSIMMONS

 

The proposal follows a push by Uber drivers who say they are losing thousands of dollars without a way for passengers to leave a tip through the mobile app.

 

 

18DB-ELLIOTT-print-thumbStandard.jpg

Arconic C.E.O. Ousted After Sending Unauthorized Letter to Hedge Fund

 

By MICHAEL J. de la MERCED

 

Klaus Kleinfeld sent a letter to Elliott Management without the approval of his board. Elliott called the letter “a threat.”

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Bank of England's Carney says financial rules must be 'dynamic'

 

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WASHINGTON Bank of England Governor Mark Carney told bankers on Thursday that financial regulations devised after the 2008-09 crisis cannot be set in stone, and must be flexible enough to deal with unintended consequences and unexpected gaps.

 

 

 

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Germany's Schaeuble presses ECB to unwind loose monetary policy 7:48pm BST

 

WASHINGTON It would not be a bad idea for the European Central Bank and other central banks to follow the U.S. Federal Reserve's example and change course away from an ultra-accommodative monetary policy, German Finance Minister Wolfgang Schaeuble said.

 

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London finance firm seeks to block Portugal Novo Banco sale 3:58pm BST

 

LISBON A failed bidder for Portugal's third-largest lender Novo Banco has asked its lawyers to block the 1 billion euro (836.70 billion pounds) sale to U.S. fund Lone Star and told the central bank it should relaunch the bidding.

 

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Forget about early-2018 ECB rate hike, investors now say 12:52pm BST

 

LONDON Investors are no longer expecting a rate rise from the European Central Bank by March 2018, money market pricing suggests, marking a sharp reversal in expectations for higher interest rates from just a month ago.

 

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Japan manufacturers' mood highest since 2007, exports post best growth in two years 11:53am BST

 

TOKYO Confidence among Japan's manufacturers climbed to the highest since the global financial crisis a decade ago, a Reuters survey showed, while March trade data showed 12 percent growth in exports - the biggest gain in over two years.

 

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Japan government raises business sentiment assessment, first time in four months 9:44am BST

 

TOKYO Japan's government raised its assessment of business sentiment in April, the first upgrade in four months, after the Bank of Japan's tankan survey showed this month that the corporate mood brightened.

 

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ECB rate setters vow to keep money taps open as French vote looms 19 Apr 2017

 

NEW YORK Prospects for the euro zone economy have improved but the time to withdraw support has not yet come, three European Central Bank rate setters said on Wednesday, days before a tense French presidential election and the ECB's own policy meeting.

 

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ECB's Coeure castigates isolationism in New York visit 19 Apr 2017

 

FRANKFURT Isolationism could leave the most vulnerable members of society even more exposed that they already are, European Central Bank board member Benoit Coeure said on Wednesday, defending globalisation and urging more international cooperation.

 

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Exclusive - China gathers state-led consortium for Aramco IPO: sources 19 Apr 2017

 

HONG KONG/RIYADH/DUBAI China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco, people with knowledge of the discussions told Reuters.

 

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Unconventional central banking here to stay - ECB paper 19 Apr 2017

 

FRANKFURT Central banks around the globe are likely to get even broader mandates in the post-crisis era and will retain many of their often improvised unconventional tools, according to research published by the European Central Bank on Wednesday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

 

 

 

 

Diageo 'is cutting more than 100 jobs because of Brexit'

 

The union has accused the Government of 'gross betrayal'

 

 

 

 

 

Startup horrified by discovery of basic fault with $400 juicer

 

 

 

 

 

 

 

 

 

 

Marks and Spencers may close six shops

 

Overall, the turnaround programme will mean that - over the course of five years - 30 M&S stores will shut completely in the UK and 45 full-line stores will be “downsized or replaced”

 

 

 

 

 

 

Dow Chemical pushes Trump to ignore pesticide damage to animals

 

 

 

 

 

 

Government to sell Green Investment Bank to Macquarie in £2.3bn deal

 

 

 

 

 

 

Premier League football clubs suffer record financial losses

 

The 20 top-flight English teams shelled out more on players as wages rose 12 per cent to £2.3bn last year, while a host of one-off charges also hit the bottom line

 

 

 

 

 

 

 

 

New Debenhams? Nothing new about swimwear models promoting relaunches

 

It's a tired tactic, and the City wasn't impressed with it - or the lack of detail in CEO Sergio Bucher's shiny new strategy

 

 

 

 

 

 

You can now get KFC delivered

 

Menu options available to order include KFC’s sharing buckets, popcorn chicken, boneless banquets, wraps and a wide range of sides

 

 

 

 

 

 

 

 

Unilever is making more money because everyone's buying ice creams

 

Unilever said it expects an improvement in its operating margins of at least 80 basis points this year as it steps up efficiencies

 

 

 

 

 

 

Norwegian Airlines launches flights to Singapore

 

New link faces stiff competition from existing airlines, which have many more flights

 

 

 

 

 

Exxon ‘seeking US waiver from sanctions’ to resume Russian oil venture

 

 

 

 

 

Companies prepare for the worst, with French poised for extreme vote

 

 

 

 

 

 

Subway worker has revealed the one thing you should never order

 

The individual also revealed the unsanitary conditions of the cutting boards, which are only cleaned twice a month at the branch where he works

 

 

 

 

 

 

 

 

Debenhams considering closing 10 UK stores

 

The retailer also said it wanted to move around 2,000 of its staff into customer-facing roles as part of a plan which it is calling ‘Fix the Basics’

 

 

 

 

 

 

Bose headphones 'secretly collect users’ details' through app

 

'People should be uncomfortable with it'

 

 

 

 

 

 

 

Advertising giant Google is 'building its own ad blocker' for Chrome

 

There are fears that the company will take great care to protect its own interests

 

 

 

 

 

HSBC refuses to open bank account for Chinese dissident Ai Weiwei

 

 

 

 

 

Snap election threatens Government plan to finally lower energy bills

 

 

 

 

 

 

Primark blows its rivals away by giving its customers what they want

 

The cheap and cheerful clothes retailer's success suggests that there is a future for bricks and mortar stores

 

 

 

 

 

 

 

Only study showing Brexit benefits debunked as 'doubly misleading'

 

Finding widely cited as evidence UK economy has little to lose from failing to agree a trade deal with the rest of the EU

 

 

 

 

 

Fossil fuel firms' multi-billion-pound subsidies revealed after leak

 

 

 

 

 

Cara Delevingne's Rimmel advert banned over use of false lashes

 

 

 

 

 

 

Women paid less than men 'because of the subjects they study'

 

Nine of the ten highest-paying university subjects are male-dominated, while six out of ten of the lowest paying are majority female

 

 

 

 

 

 

 

 

Wells Fargo testing Facebook 'chatbot' to communicate with customers

 

Wells Fargo's 'chatbot' will use artificial intelligence to respond to natural language messages from users at a fraction of the cost of large call centres populated by humans

 

 

 

 

 

Why we should be angry at Philip Hammond over RBS

 

 

 

 

 

Uber eyes EU expansion despite a set back in Denmark

 

 

 

 

 

 

Tesco to sell opticians business to Vision Express

 

The business employs approximately 1,500 people, all of whom are expected to be transferred to Vision Express following a consultation process

 

 

 

 

 

 

 

Philip Hammond tells people to 'live in the real world' about RBS

 

People should 'live in the real world' the Chancellor said - 'fair value' for the bank's shares 'could well be less than what the previous government paid for them'

 

 

 

 

 

 

 

 

Goldman Sachs profit misses estimates on trading weakness

 

Total revenue from trading fell 2.4 per cent to $3.36bn, the lowest in five quarters.

 

 

 

 

 

 

 

Now Air Canada takes flak in wake of United Airlines overbooking snafu

 

It bumped a 10-year-old boy, forcing his family into an impromptu road trip to get on a flight, while UA is again facing criticism, this time for kicking a couple en route to their wedding off a plane. But will any of these stories change industry practices? It's doubtful.

 

 

 

 

 

 

Bankers 'ran 133-year-old fashion chain Jaeger into the ground'

 

Harold Tillman described the companies and individuals now trying to profit from the remaining parts of Jaeger as 'vultures'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Bill O’Reilly Payout Could Be as High as $25 Million

 

By EMILY STEEL and MICHAEL S. SCHMIDT 2:16 PM ET

 

 

With the payment to the dismissed host, 21st Century Fox payouts related to sexual harassment allegations at Fox News now total more than $85 million.

 

 

 

 

 

Spencer Platt/Getty Images

 

 

News Analysis

 

Women Skeptical O’Reilly’s Ouster Will Shift Power Imbalance

 

By SUSAN CHIRA 2:21 PM ET

 

Many who responded to The Times on Facebook doubted that the firing of Bill O’Reilly heralded a new era for Fox or would encourage more women to report sexual harassment.

 

 

 

 

With Bill O’Reilly Gone From Fox News, Will Advertisers Return?

 

By SAPNA MAHESHWARI 1:05 PM ET

 

Advertisers abandoned Mr. O’Reilly’s show in droves, but few left the network altogether. After his ouster, the advertising outlook may return to normal.

 

 

 

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Bill O’Reilly Is Forced Out at Fox News

 

By EMILY STEEL and MICHAEL S. SCHMIDT

 

The exposure of multiple settlements involving sexual harassment allegations against Mr. O’Reilly brought an abrupt end to his two-decade career at Fox.

 

 

 

 

 

 

 

 

 

 

 

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I.R.S. Enlists Debt Collectors to Recover Overdue Taxes

 

By JESSICA SILVER-GREENBERG and STACY COWLEY

 

In a program that consumer advocates fear has the potential for abuse, private firms are poised to begin calling taxpayers who owe money to Uncle Sam.

 

21CHINASTEEL-1-thumbStandard.jpg

Trump Targets Steel Trade, but China Will Be Tough to Contain

 

By KEITH BRADSHER 1:39 PM ET

 

Global steel makers blame Chinese rivals for swamping the world with unwanted product, but closing mills there can be expensive and difficult.

 

21venezuelabiz-protest-thumbStandard.jpg

G.M. Operations in Venezuela Are Seized as Protests Swell

 

By BILL VLASIC and NICHOLAS CASEY 12:53 PM ET

 

The automaker, citing an “illegal judicial seizure,” said it was pulling out of the country, which has been roiled by protests and economic problems.

 

21bond-thumbStandard.jpg

Five Studios’ Mission: Winning the Distribution Rights to James Bond

 

By BROOKS BARNES

 

Sony, whose contract to market and distribute the films expired in 2015, gave its presentation on a recreated set from “Dr. No.”

 

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Before Ouster, Arconic C.E.O. Accused Hedge Fund Founder of Wild Antics

 

By MICHAEL J. de la MERCED

 

Klaus Kleinfeld sent a letter to Paul Singer of Elliott Management making elliptical references to the investor’s 2006 World Cup trip and insinuated knowledge of “the great time” Mr. Singer had.

 

21db-unilever4-thumbStandard.jpg

Unilever Buys Sir Kensington’s, Maker of Fancy Ketchup

 

By STEPHANIE STROM

 

Months after fending off a $143 billion takeover offer from Kraft Heinz, the big Anglo-Dutch food company is buying a small but innovative condiments maker.

 

20miners-vansickle-thumbStandard-v3.jpg

Retired Miners Lament Trump’s Silence on Imperiled Health Plan

 

By NOAM SCHEIBER

 

Coal company bankruptcies have left coverage for retirees, many with chronic ailments, in federal hands. Unless Congress acts this month, benefits will end.

 

 

20chinawmp-thumbStandard.jpg

Chinese Investment Scandal Highlights ‘Shadow Banking’ Risks

 

By SUI-LEE WEE and OWEN GUO

 

The disappearance of more than $400 million of investors’ money from a branch of the bank China Minsheng illustrates what economists say is a growing risk.

 

20chinaapple-thumbStandard.jpg

Apple Faces Inquiry in China Over App Store Content

 

By CARLOS TEJADA

 

Chinese authorities said they would meet with the American tech giant over video-streaming apps that they said offered forbidden content.

 

20db-occ-thumbStandard.jpg

Wells Fargo’s Regulator Admits It Missed Red Flags

 

By DANIELLE IVORY

 

A report by the bank’s federal regulator, the Office of the Comptroller of the Currency, faulted its supervision of Wells Fargo as “untimely and ineffective.”

 

20exxon1-thumbStandard.jpg

Exxon Mobil Seeks U.S. Sanctions Waiver for Oil Project in Russia

 

By CLIFFORD KRAUSS

 

Officials said the proposal, pending from the Obama administration, cited Exxon’s potential loss of Black Sea exploration rights to European rivals.

 

FCC-thumbStandard.jpg

Ajit Pai, F.C.C. Chairman, Moves to Roll Back Telecom Rules

 

By CECILIA KANG

 

Mr. Pai, who has been unwinding Obama-era regulatory efforts, is putting two items up for vote on Thursday that would empower telecom companies and broadcasters.

 

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BlackRock Earnings Rise on Tide of E.T.F.’s and Index Funds

 

By LANDON THOMAS Jr.

 

The results for the first quarter underscore the continuing revolution of passive investing.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Will Google move to block adverts?

 

 

 

 

The ad-blocking tool might appear in the search giant's browser in the near future, say reports.

 

 

 

Related content

 

 

 

 

 

 

 

 

Marks and Spencer to close six stores

 

The High Street chain's turnaround plan aims to keep it up to date with changing shopping habits.

 

  • 20 April 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: Oil prices rebound

 

Oil prices rise as Opec and Russia consider extending output cuts; Debenhams underwhelms

 

 

 

 

 

 

Debenhams reviews 10 stores for closure

 

  • 20 April 2017
  • From the section Business

 

 

BMW boosted by Intel map investment

 

  • 20 April 2017
  • From the section Business

 

 

TalkTalk and BT rated worst for broadband

 

  • 20 April 2017
  • From the section Business

 

 

 

 

 

Unite 'suspends' McCluskey challenger

 

 

 

Jobs threatened at Diageo bottling plants

 

 

 

Unilever sales rise on higher prices

 

  • 20 April 2017
  • From the section Business

 

 

GM's Venezuelan car plant 'seized'

 

  • 20 April 2017
  • From the section Business

 

 

Premier League costs clobber club profits

 

  • 20 April 2017
  • From the section Business

 

 

Sky announces HBO co-production deal

 

  • 20 April 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Celebrities warned over Instagram ads

 

  • 20 April 2017
  • From the section Business

 

 

 

 

New credit card has fingerprint sensor

 

  • 20 April 2017
  • From the section Technology
  • comments

 

 

 

 

Features & Analysis

 

 

 

Presidential challenge

 

The economic problems France's new leader will face

 

  • 20 April 2017
  • From the section Business

 

 

 

 

 

The hippo at work

 

Why you need to question the decisions of your boss

 

  • 20 April 2017
  • From the section Business

 

 

 

 

 

Reality Check

 

Are lower earners bearing the tax burden?

 

 

 

 

 

 

 

 

Services matter

 

Why exporting is about more than just shipping

 

  • 19 April 2017
  • From the section Business

 

 

 

 

 

It's good to talk

 

Parents help their children just by talking to them

 

  • 19 April 2017
  • From the section Business

 

 

 

 

 

Big promises

 

Can Tesla live up to its value?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

  • 2 weeks later...

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

The UK's longest flight just got longer

 

Qantas website understates length of non-stop flight from Heathrow to Perth by an hour

 

 

 

 

 

Manufacturing output hits three-year high in April

 

 

 

 

 

 

 

 

 

 

Liberty House creates 300 jobs after takeover of Tata Steel division

 

Jobs will also be protected at three major sites in Rotherham, Stocksbridge and Brinsworth in South Yorkshire, as well as at some smaller sites in the West Midlands and in China

 

 

 

 

 

 

Alitalia to file for administration as turnaround plan fails

 

 

 

 

 

 

Ocado shares jump on hopes of M&S home delivery partnership

 

 

 

 

 

 

Tump boosts Twitter but revival rests on deals with mainstream media

 

The social media company would love it if more leaders did what Trump does with its service, but running a country is too big a job to be spending all hours tweeting, something that appears to have affected the President’s Twitter habits

 

 

 

 

 

 

 

 

Princess Charlotte's John Lewis jumper from birthday photo sells out

 

In the snapshot, the young royal is wearing the cardigan and sporting a navy clip in her hair

 

 

 

 

 

 

Greece reaches long-awaited deal with creditors on bailout reforms

 

The terms include another round of pension cuts in 2019 and a commitment to maintain a high primary budget surplus

 

 

 

 

 

 

 

 

BP reports higher earnings, helped by recovery in oil prices

 

This time last year, BP reporting an 80 per cent drop in profits in the first quarter, having posted its biggest annual loss for 2015 ever

 

 

 

 

 

 

Donald Trump 'actively considering' breaking up Wall Street banks

 

Trump has called for a ‘21st century’ version of the 1933 Glass-Steagall law that required the separation of consumer and investment banking

 

 

 

 

 

Thousands of car finance payments 'could be hit by economic downturn'

 

 

 

 

 

Brexit deal 'won’t be worth it' if firms can't recruit

 

 

 

 

 

 

Proportion of female high earners unchanged in six years

 

Only one in four people earning between £43,000 and £150,000 in each of the last six financial years were women

 

 

 

 

 

 

 

 

Bank of mum and dad to finance a quarter of mortgage payments in 2017

 

Parents will lend £6.7bn this year, up from £5bn in 2016, providing deposits for over 298,000 mortgages and purchasing homes worth £75bn

 

 

 

 

 

 

The top 10 richest husbands and wives in the UK have been revealed

 

Cumulatively, the 10 richest husbands and wives in the UK have seen their fortune increase by £3.4bn in the past 12 months

 

 

 

 

 

 

 

Trump's Commerce secretary contradicts him on jobs and China

 

Trump had insisted that he could use trade negotiations as leverage to get China to handle North Korea

 

 

 

 

 

Fox News co-president Bill Shine out amid growing exodus at network

 

 

 

 

 

A classic Cadbury chocolate bar is making its long awaited comeback

 

 

 

 

 

 

Avocados just got a lot more expensive

 

Mexico is the major supplier for avocados into the US but shipments from there have fallen in recent weeks and are expected to drop even further

 

 

 

 

 

 

 

Dubai has become the first city to get its own font

 

Dubai claims the font is a new global medium for 'self-expression'

 

 

 

 

 

Amazon founder could beat Bill Gates to become first trillionaire

 

 

 

 

 

Dyslexia is a sign of potential, says Richard Branson

 

 

 

 

 

 

How online marketplace Etsy is supporting female entrepreneurs

 

Women are being inspired to become online entrepreneurs by Etsy, the marketplace whose sellers are 86% female, almost half with children

 

 

 

 

 

 

 

 

Advance Virgin Trains tickets available to buy on the day

 

But fares expert says the concept infringes the rights of Anytime ticket holders

 

 

 

 

 

Trump's first 100 days: The economy

 

 

 

 

 

'Britain doesn't need Romanian fruit pickers', says Lord Lawson

 

 

 

 

 

 

Sir Martin Sorrell sees pay slashed by £22m

 

WPP has paid Mr Sorrell £210m since 2012 as part of a controversial five-year long-term incentive plan

 

 

 

 

 

 

 

Here's what 24 of the most popular brand names really mean

 

You're wearing your favorite Nike sneakers and Lululemon pants when you head to the mall to do some shopping at the Gap. On your way there you grab a latte at Starbucks.

 

 

 

 

 

 

 

 

People say money is disappearing out of their Natwest accounts

 

Transfers are leaving people's accounts but not appearing on the other side, people say

 

 

 

 

 

 

 

Uber demotes senior executive at centre of the Waymo lawsuit

 

Waymo, a sister company of Google working on autonomous vehicles, alleged that Mr Levandowki stole its lidar designs when he was employed there

 

 

 

 

 

 

Natwest's internet banking stops working on payday

 

Users have reported being put in long queues if they attempt to get through on the phone

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

FTSE rises, with BP gaining as earnings come into focus

 

Britain's top share index rose on Tuesday, with well-received results from heavyweight BP helping to underpin gains in a positive start to the first trading day of the month.

6:33pm BST

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UK manufacturing growth spikes to three-year high in April - PMI

 

British factories had their best month in three years in April, the clearest sign yet that manufacturers are enjoying at least a temporary boost from the pound's fall after the Brexit vote and an improving global economy, a survey showed on Tuesday.

12:29pm BST

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Barclays CEO Staley in dispute with KKR over soured deal: WSJ

 

Barclays Chief Executive Jes Staley is involved in a dispute with private equity firm KKR & Co , which is a client of the bank, the Wall Street Journal reported on Tuesday.

6:04pm BST

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ECB's Nouy worried about 'race' to lure UK banks after Brexit

 

The European Central Bank is worried about a "race" among European Union countries to ease supervisory standards in order to attract UK banks seeking access to the market after Britain leaves the EU, its top watchdog said on Tuesday.

7:32pm BST

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Exclusive - Akzo sees latest PPG bid inadequate, weighs options: sources

 

Dutch paint maker Akzo Nobel NV's supervisory board is scheduled to meet on Tuesday to discuss how to proceed after deeming PPG Industries Inc's latest $29 billion (£22.4 billion) offer to be insufficient, people familiar with the matter said.

6:12pm BST

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BP's profit triples on higher oil prices and output

 

BP's profit nearly tripled in the first quarter of 2017 from a year earlier, buoyed by rising oil prices and production that hit a five-year high, while debt piled up in order to pay for acquisitions and costs for the 2010 Gulf of Mexico spill.

3:43pm BST

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Le Pen says capital controls an option during Frexit talks if she wins election

 

Far-right presidential challenger Marine Le Pen said capital controls could be used if she won the election and there was a run on banks as she negotiated France's exit from the European Union, but stressed they were unlikely to be needed.

7:29pm BST

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Shareholders at UK builder Bovis approve new boss' pay deal

 

Shareholders at British builder Bovis overwhelmingly backed a pay deal for the firm's new boss who is charged with turning around the ailing firm which was subject to two failed takeover bids after it issued a profit warning.

4:34pm BST

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Pledging more austerity, Greece cuts deal with lenders

 

Promising to cut pensions and give taxpayers fewer breaks, Greece has paved the way for the disbursement of further rescue funds from international lenders and possibly opened the door to reworking its massive debt.

7:17pm BST

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Alitalia kicks off bankruptcy proceedings, government grants loan

 

Alitalia filed to be put under special administration for the second time in less than a decade, starting a process that will lead to the loss-making Italian airline being overhauled, sold off or wound up.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Microsoft Looks to Regain Lost Ground in the Classroom

 

By NICK WINGFIELD and NATASHA SINGER 11:24 AM ET

 

 

Google, with its low-cost and easily maintained Chromebooks, has steadily taken school customers away from Microsoft.

 

 

 

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José Sarmento Matos for The New York Times

 

 

London Tabloids, Champions of ‘Brexit,’ Loom Large

 

By KATRIN BENNHOLD

 

Despite their falling circulations and tarnished reputations, tabloids maintain a striking grip on power as Britain prepares to cut ties with the European Union.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Infosys, an Indian Outsourcing Company, Says It Will Create 10,000 U.S. Jobs

 

By PAUL MOZUR

 

The company’s pledge, light on details, follows big promises by other Asian employers to create American jobs in the era of President Trump.

 

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TV Station Owners Rush to Seize on Relaxed F.C.C. Rules

 

By MICHAEL J. de la MERCED and CECILIA KANG

 

A vote by the Federal Communications Commission last week sets the stage for the consolidation of local television stations in a deal-making frenzy.

 

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Alitalia Files for Bankruptcy, but Italy Balks at a Third Bailout

 

By LIZ ALDERMAN 1:24 PM ET

 

The latest drama over one of Italy’s most visible industrial symbols has plunged the chaotic political and economic environment into further uncertainty.

 

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Greece Agrees to Tighten Belt Again in Return for Further Bailout Funds

 

By NIKI KITSANTONIS

 

The preliminary deal with international creditors would allow Athens to receive emergency funds in exchange for promises of higher taxes and lower social spending.

 

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N.S.A., Reined In, Still Collected 151 Million Phone Records in ’16

 

By CHARLIE SAVAGE 2:01 PM ET

 

A system created by Congress in 2015 to curtail a once-secret N.S.A. program also took in a large amount of communications data, a new report showed.

 

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Hollywood Writers and Studios, Scrambling to Avert Strike, Reach Last-Minute Deal

 

By BROOKS BARNES

 

In overtime negotiations, the Writers Guild of America and entertainment companies reached a tentative deal for a new three-year contract.

 

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Ivanka Trump’s West Wing Agenda

 

By JODI KANTOR, RACHEL ABRAMS and MAGGIE HABERMAN

 

The first daughter has the president’s trust and a widening portfolio. So what will she do with it?

 

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Trump Administration’s Push for Gas Exports Faces Market Glut

 

By CLIFFORD KRAUSS

 

Efforts to ramp up shipments could be complicated by a renegotiation of the North American Free Trade Agreement.

 

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With Fox News in Tumult, Another Executive, Bill Shine, Is Ousted

 

By MICHAEL M. GRYNBAUM and EMILY STEEL

 

The removal of a co-president, a holdover from the Roger Ailes era, continued a housecleaning prompted by a sexual harassment scandal.

 

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Diana Falzone of Fox News Files Discrimination Lawsuit

 

By JONAH ENGEL BROMWICH

 

The contributor said she was banned from more work after disclosing her health issues in an op-ed column for the network’s website.

 

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AllianceBernstein Ousts C.E.O. and Shakes Up Board

 

By LANDON THOMAS Jr.

 

The reshuffling comes as investors increasingly abandon active money managers in favor of less expensive exchange-traded funds.

 

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Fyre Festival Organizers Face Fraud Lawsuit After Cancellation

 

By BEN SISARIO and JOE COSCARELLI

 

A celebrity lawyer representing a ticket buyer filed suit after a luxury musical weekend in the Bahamas fell apart. Organizers said, “We were simply in over our heads.”

 

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Airbnb Settles Lawsuit With Its Hometown, San Francisco

 

By KATIE BENNER

 

The company agreed to the city’s demand for more information about its hosts, ending one of its most pressing regulatory fights.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Business Live: Pound climbs to $1.29

 

 

 

 

Sterling rises after strong manufacturing growth figures; US airline bosses under fire.

 

 

 

 

 

 

 

 

 

Alitalia slides into administration

 

The airline says flights will continue as planned while administrators see if the firm can be saved.

 

 

 

Related content

 

 

 

 

 

 

 

Parents '10th biggest mortgage lender'

 

Parents will lend £6.5bn this year, says L&G, and be involved in 26% of all UK property transactions.

 

 

 

Related content

 

 

 

 

 

Manufacturing growth 'at three-year high'

 

 

 

Liberty House creates 300 steel jobs

 

 

 

US airlines face heat in Washington

 

 

 

 

 

 

Preliminary deal struck on Greek bailout

 

 

 

Higher oil prices boost BP profits

 

 

 

Facebook denies targeting insecure users

 

 

 

Ocado shares boosted by M&S deal report

 

 

 

Japan recall for 3.7m bottles of Volvic

 

 

 

US screenwriters' strike averted

 

 

 

 

 

Also in the News

 

 

 

What is going on at Fox News?

 

 

 

 

 

Turkish authorities block Wikipedia

 

  • 29 April 2017
  • From the section Europe

 

 

 

 

Features & Analysis

 

 

 

Smart doggy

 

The booming business of pet technology

 

 

 

 

 

 

Battery bonanza

 

From frogs' legs to mobiles and electric cars

 

 

 

 

 

 

Mr Fixer

 

The man who can arrange anything

 

 

 

 

 

 

 

 

On the buses

 

All change for one UK city's deregulated bus system?

 

 

 

 

 

 

Hero's legacy

 

Using the Ayrton Senna brand to change lives

 

  • 30 April 2017
  • From the section Business

 

 

 

 

 

Trumponomics quiz

 

How much do you know about Donald Trump's first 100 days?

 

  • 28 April 2017
  • From the section Business

 

 

 

 

 

 

Our Experts

 

Hammond’s tax burden headache

 

The Chancellor says he wants to cut the “burden” of tax. But with that burden set to rise, he knows any specific pledge could set a myriad of traps

2 May 2017

 

Kamal Ahmed Economics editor

Barclays shareholders rally behind beleaguered boss

 

Getting rid of Jes Staley would be bad for Barclays and bad for UK banking.

28 April 2017

 

Simon Jack Business editor

Brexit not deterring Asian investors from UK property market

 

Despite uncertainty caused by the Brexit process Asian investors are still keen to buy UK property.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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  • 2 weeks later...

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

  • Explainer

 

Labour is considering a land value tax. Here's what that means

 

For residential property, home owners would probably pay a tax based on the value of the house. Firms would pay a tax based on the value of the business premises, including the land

 

 

 

 

 

UK inflation increases unexpectedly to 2.7% in April

 

 

 

 

 

Business groups call Labour manifesto unrealistic and 'knee-jerk'

 

 

 

 

 

 

 

 

McDonald's forced to remove 'disgusting' advert after complaints

 

 

 

 

 

 

  • comment

 

Why not enough is being done to tackle bank fraud

 

 

 

 

 

 

Tesco to use 100% renewable electricity this year in UK

 

 

 

 

 

 

  • Comment

 

Prices rising faster than wages and this is just a Brexit downpayment

 

 

 

 

 

 

 

 

Yorkshire workers are the happiest in the UK, research reveals

 

 

 

 

 

 

There's a shortage of Brazilian nuts

 

 

 

 

 

IndyVenture

 

 

 

 

 

 


 

Japan's SoftBank invests $500m in UK tech startup Improbable

 

 

 

 

 

 

 

 

Small and medium-sized businesses start to feel the pinch of inflation

 

 

 

 

 

 

 

 

 

Poor telecoms services stop four million employees from home working

 

 

 

 

 

 

Women still much less likely to start a business than men

 

 

 

 

 

 

more headlines

 

 

 

 

 

McDonald's forced to apologise for 'disgusting' TV advert

 

 

 

 

 

Train strikes: Southern, Merseyrail and Northern face fresh stoppages

 

 

 

 

 

Lloyds ‘free of Government ownership’ for first time since 2008

 

 

 

 

 

Vodafone: Is a better future on the way for customers and investors?

 

 

 

 

 

How will the devices ban affect the travel industry?

 

 

 

 

 

Microsoft donates £5m to UN to prevent human rights abuses

 

 

 

 

 

 

 

McDonald's is now serving curly fries

 

The company has over the last two years experimented with different products and made changes to how it serves and sources food

 

 

 

 

 

Lyft partners with Google's Waymo to launch self-driving cars

 

 

 

 

 

Top fund manager to get rid of all fossil fuel company shares

 

 

 

 

 

 

UK workers should brace for higher unemployment and falling real pay

 

Consumer spending growth slowed sharply in April - a trend which will begin to feed into weaker demand for workers and cause employment to fall, the EY ITEM Club predicts

 

 

 

 

 

 

 

 

Amazon loophole means buyers can get a refund without returning item

 

The rule demonstrates the online retailer's power compared to that of small independent businesses, who wouldn’t be able to afford such a policy

 

 

 

 

 

Almost half of EU businesses looking to cut ties with UK suppliers

 

 

 

 

 

Microsoft says ransomware hack a ‘wake-up call’ for world governments

 

 

 

 

 

 

A View from the Top: Daniel Hodson, chairman of The City for Britain

 

After the Brexit vote, rather than gloat, Hodson called a truce and set up the Forum to bring together practitioners of all views – not the easiest task, considering the bitter infighting

 

 

 

 

 

 

 

Student suing GSK because 'medication caused her skin to burn off'

 

Ms Shaw says the syndrome left her skin scarred and she is slowly losing her vision

 

 

 

 

 

 

 

 

Amazon gives half of new office to provide shelter for homeless

 

The new space in Seattle will be used by the Mary’s Place charity and provide 65 rooms and shelter more than 200 homeless women children and families each night

 

 

 

 

 

 

 

UK industrial output shrinks for third month in a row as Brexit bites

 

Output fell by a monthly 0.5 per cent – a sharper decline than expected by economists taking part in a Reuters poll – and output in February was revised lower

 

 

 

 

 

 

Plans to increase the minimum wage 'could put jobs in danger'

 

The tax and spending thinkthank said both parties' policies could penalise the group they are supposed to help the most

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

A Whistle-Blower Tells of Health Insurers Bilking Medicare

 

By MARY WILLIAMS WALSH

 

 

A former executive at UnitedHealth says he was paid bonuses to make patients look sicker than they were, which led to bigger reimbursements.

 

 

 

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Travis Dove for The New York Times

 

 

Itineraries

 

Investing in Tech to Tackle an Awful Annoyance: Lost Luggage

 

By MARTHA C. WHITE

 

The number of stray bags is lower than ever, attributable both to new technology and charges for checking luggage, but there’s room for improvement.

 

 

 

 

 

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In Computer Attacks, Clues Point to Frequent Culprit: North Korea

 

By NICOLE PERLROTH and DAVID E. SANGER

 

Indicators are far from conclusive, but intelligence officials and private security experts say that North Korean-linked hackers are likely suspects in global ransomware attacks.

 

 

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In Ransomware Attack, Where Does Microsoft’s Responsibility Lie?

 

By NICK WINGFIELD

 

For years, the company has tried to change the perception that its software was vulnerable to hackers. A global cyberattack renewed those issues.

 

 

 

16hack-1-thumbStandard.jpg

The Fallout From a Global Cyberattack: ‘A Battle We’re Fighting Every Day’

 

By STEVE LOHR and LIZ ALDERMAN

 

Two prestigious Chinese universities, a movie theater chain in South Korea and Japanese automakers were affected, but copycat variants did not seem to have materialized.

 

Tech Fix

 

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How to Protect Yourself From Ransomware Attacks

 

By BRIAN X. CHEN

 

Some tips from computer security experts.

 

 

 

 

 

 

 

 

 

 

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Facebook Gets Slap on the Wrist From 2 European Privacy Regulators

 

By MARK SCOTT

 

Data protection watchdogs in France and the Netherlands ruled that the social network had collected too much information on users in those countries.

 

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Hyundai Whistle-Blower, in Rarity for South Korea, Prompts Recall

 

By JEYUP S. KWAAK

 

A victory for a worker who accused the automaker of hiding defects could help efforts to extend protections for insiders claiming problems or wrongdoing.

 

17eutrade-thumbStandard.jpg

Ruling on E.U. Trade Deals Retains a Hurdle for ‘Brexit’ Talks

 

By PRASHANT S. RAO

 

The European Union’s highest court has affirmed that some aspects of trade agreements need to be ratified by all the bloc’s national parliaments.

 

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Thailand Warns Facebook After Video Seems to Show King in Crop Top

 

By MIKE IVES and PAUL MOZUR

 

The government was demanding the removal of dozens of pages that it said had illegally insulted the monarchy a few weeks after the video was widely shared online.

 

17DB-MARIS-thumbStandard.jpg

After Leaving Google, Bill Maris Is Set to Open New Fund

 

By MICHAEL J. de la MERCED 10:00 AM ET

 

The venture capital fund, Section 32, with $150 million under management, will invest in a broad array of sectors.

 

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Uber Engineer Barred From Work on Key Self-Driving Technology, Judge Says

 

By MIKE ISAAC

 

Uber sidestepped a full shutdown of its self-driving car efforts when a judge stopped short of issuing a temporary injunction against the company’s autonomous vehicle program.

 

On the Runway

 

16-otr-boomerang-thumbStandard.jpg

Chanel’s Boomerang Comes Back to Hit It

 

By VANESSA FRIEDMAN 10:30 AM ET

 

The French brand is the latest company to be called out on social media for cultural appropriation. Is this the new normal?

 

13CYBER-1-thumbStandard.jpg

Web Defenders Detect Russian Hand in Iranians’ Hacking Attempt

 

By NICOLE PERLROTH

 

While foiling an attack on a military contractor, investigators watched Iranians use a tool that had also been deployed to compromise Ukraine’s power grid.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Lloyds set to return to private sector

 

 

 

 

The government is expected to confirm the sale of its remaining 0.25% stake in Lloyds on Wednesday.

 

 

 

Related content

 

 

 

 

 

 

 

 

Tata Steel offers £550m to pension fund

 

The future of the British Steel pension scheme is still uncertain despite Tata's offer of cash and assets.

 

 

 

Related content

 

 

 

 

 

 

 

Live Vodafone helps FTSE to record high

 

London's FTSE 100 hits a new record above 7,500 points, helped by a solid rise for Vodafone.

 

 

 

Related content

 

 

 

 

 

FTSE closes above 7,500 for first time

 

 

 

Vanguard move sparks investment price war

 

 

 

Twitter co-founder Biz Stone to rejoin firm

 

 

 

 

 

 

Sales growth grinds to a halt for TK Maxx

 

 

 

UK house prices shift to lower gear

 

  • 16 May 2017
  • From the section Business
  • comments

 

 

UK inflation rate at highest since 2013

 

  • 16 May 2017
  • From the section Business
  • comments

 

 

Manchester United reports £3.8m loss

 

 

 

Ford 'set to shed 10% of workforce'

 

 

 

Fresh rail strikes announced

 

  • 16 May 2017
  • From the section England

 

 

 

 

Also in the News

 

 

 

Chanel's $1,500 boomerang backfires

 

 

 

 

 

Hackers threaten to leak Disney film

 

 

 

 

 

Features & Analysis

 

 

 

Gene genie

 

Do DNA-testing kits hold the secret to a healthier life?

 

 

 

 

 

 

Shining armour

 

The boss who lives as a medieval knight

 

 

 

 

 

 

Cyber-attack

 

Is my computer at risk?

 

 

 

 

 

 

 

 

TV dinners

 

The hidden cost of the processed food revolution

 

 

 

 

 

 

Battle ground

 

Six reasons politicians always row over tax

 

 

 

 

 

 

Office sauna

 

How some companies are taking the sweat out of work

 

 

 

 

 

 

 

Our Experts

 

Pay will continue to be squeezed, employers' survey suggests

 

The latest employers' survey reveals that firms are planning for yet another fall in pay rises.

15 May 2017

 

Kamal Ahmed Economics editor

Lloyd's settles taxpayer tab

 

The government sold its last shares today, nine years after it sank a total of £20bn into the beleagured lender in the depths of the financial crisis.

16 May 2017

 

Simon Jack Business editor

S Korea election: Why the economy is top priority

 

For all the talk of North Korea and anti-missile systems, a less sensational subject concerns most voters.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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