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.... Half a century ago it was the UK’s main source of energy, but last year windfarms provided more power. This week, it emerged that ministers are disbanding a government and industry body created to secure the long-term future of coal power and mining, in the latest sign of the dirty fuel’s rapid demise. ... [Read full article on Guardian ]
Wednesday 19th of July 2017 04:16:25 PM
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....2bn regular dividend. Dividend growth was also strong in the resurgent mining industry, where every company raised payouts and Glencore and Rio Tinto made particularly large payouts for the sector. ... [Read full article on Guardian ]
Monday 17th of July 2017 06:01:43 AM
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....This drop in housing ownership is not just reflective of the growing unaffordability, but has longer-term implications. As Tim Colebatch has noted, the census found that the falls in ownership are most pronounced among the younger cohorts – confirming a study by the Grattan Institute in 2014, which concluded that older Australians were the ones who benefitted the most from the mining boom years. ... [Read full article on Guardian ]
Tuesday 18th of July 2017 12:42:11 AM
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.... In his blog he accepts much of the current system which maintains sustainable funding in higher education, and acknowledges that students should pay some contribution. But he added: “I think we can still look again at how the system might be made fairer for students without undermining the sustainability balance. ... [Read full article on Guardian ]
Tuesday 18th of July 2017 05:40:15 PM
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....Ofcom defended its report. A spokesperson for the regulator said: “We carried out detailed, evidence-based assessments, examining both broadcasting standards and media plurality aspects of the proposed takeover. ... [Read full article on Guardian ]
Friday 14th of July 2017 03:31:40 PM
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Latest Finance News related to Mining

The coal truth: how a major energy source lost its power in Britain image
Source : Guardian [Read Article] Wednesday 19th of July 2017 04:16:25 PM
.... Half a century ago it was the UK’s main source of energy, but last year windfarms provided more power. This week, it emerged that ministers are disbanding a government and industry body created to secure the long-term future of coal power and mining, in the latest sign of the dirty fuel’s rapid demise. ...
Russell Group urges rethink on student loan interest rate image
Source : Guardian [Read Article] Tuesday 18th of July 2017 05:40:15 PM
.... In his blog he accepts much of the current system which maintains sustainable funding in higher education, and acknowledges that students should pay some contribution. But he added: “I think we can still look again at how the system might be made fairer for students without undermining the sustainability balance. ...
If home ownership continues to shrink, the retirement system is in trouble | Greg Jericho image
....This drop in housing ownership is not just reflective of the growing unaffordability, but has longer-term implications. As Tim Colebatch has noted, the census found that the falls in ownership are most pronounced among the younger cohorts – confirming a study by the Grattan Institute in 2014, which concluded that older Australians were the ones who benefitted the most from the mining boom years. ...
Investors received record-breaking dividends in 2017, research shows image
Source : Guardian [Read Article] Monday 17th of July 2017 06:01:43 AM
....2bn regular dividend. Dividend growth was also strong in the resurgent mining industry, where every company raised payouts and Glencore and Rio Tinto made particularly large payouts for the sector. ...
Ofcom made serious errors over Murdoch Sky bid, say high-profile MPs image
Source : Guardian [Read Article] Friday 14th of July 2017 03:31:40 PM
....Ofcom defended its report. A spokesperson for the regulator said: “We carried out detailed, evidence-based assessments, examining both broadcasting standards and media plurality aspects of the proposed takeover. ...
People want a 'sensible Brexit', says Philip Hammond image
Source : Guardian [Read Article] Friday 7th of July 2017 04:26:44 PM
....His tone contrasted that of Fox,one of the strongest proponents of Brexit in the cabinet, who used a visit to Paris to deliver a seeming rebuke to the CBI’s call for an indefinite delay in leaving the single market and customs union. He said it was perfectly reasonable that people should want to have some arrangements to ensure minimal disruption but added: “We can’t have a perpetual transitional period undermining the concept of Brexit itself. ...
Parliamentary motion calls on Sainsbury's to retain Fairtrade mark image
Source : Guardian [Read Article] Friday 7th of July 2017 04:04:44 PM
....The cross-party support ramps up pressure for a change of heart by Sainsbury’s, the biggest backer of Fairtrade in the UK, which recently began experimenting with its own “fairly traded” scheme on tea. Campaigners and shareholders accused the supermarket of undermining Fairtrade at the company’s annual shareholder meeting this week. ...
Sainsbury's AGM faces protests over plan to drop Fairtrade tea image
Source : Guardian [Read Article] Wednesday 5th of July 2017 06:07:34 PM
. Sainsbury’s has been accused of undermining the Fairtrade movement by experimenting with dropping the ethical mark for its own label tea. ...
HMRC wins Rangers 'big tax case' ruling image
Source : BBC [Read Article] Wednesday 5th of July 2017 04:12:59 PM
....". The Scottish FA said that, after examining the judgement, it would take no further disciplinary action. ...
Minimum wage for the self-employed, suggests think tank image
Source : BBC [Read Article] Monday 3rd of July 2017 11:03:06 PM
....The Institute of Directors (IoD) said it agreed that the status of workers should be clarified by the government, with the publication of easy-to-understand guidance. But Seamus Nevin, head of employment and skills policy at the IoD, said undermining the gig economy would bring disadvantages. ...
Tell Donald Trump: the Paris climate deal is very good for America | Joseph Stiglitz image
.... Trump is looking towards the past – a past that, ironically, was not that great. His promise to restore coal-mining jobs (which now number 51,000, less than 0. ...
Can the Bank get Britain to kick its cheap credit habit? image
Source : Guardian [Read Article] Saturday 1st of July 2017 03:00:02 PM
....“There is obviously an incentive to borrow, so as one area is clamped down on, the problem pops up in another,” she says. Barker also worries that regulators are examining discrete areas of credit risk rather than taking an overview of the long-term effects of almost zero interest rates on household and corporate behaviour. ...
Fixed-odds betting terminal review delayed until autumn image
Source : Guardian [Read Article] Friday 30th of June 2017 06:11:07 PM
....The government’s decision has been further complicated by the fact that MPs in the Democratic Unionist party, which holds the balance of power in parliament, are in favour of cutting the maximum FOBT stake from £100 to as low as £2. The Department for Culture Media and Sport (DCMS) is examining the machines amid claims – hotly disputed by bookmakers – that they are highly addictive and make it too easy for problem gamblers to lose thousands of pounds in a matter of hours. ...
Move by UK supermarkets threatens to bring Fairtrade crashing down image
Source : Guardian [Read Article] Saturday 24th of June 2017 11:02:13 PM
....“The Fairtrade mark has become synonymous with ethical trade and quality for UK consumers. Sainsbury’s new scheme risks undermining all that has been achieved over the last 25 years. ...
House Democrats challenge Deutsche Bank over review of Trump's accounts image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:38:41 PM
....Deutsche extended about $300m in loans to Trump before he became president, even as the former reality television star and businessman was being shunned by other financial institutions because of his poor track record and string of failed businesses. Separately, Deutsche Bank is preparing to become the subject of new scrutiny by an independent third-party monitor who is going to be examining the bank’s handling of any suspicious activity involving non-US banks that may have occurred in the last six months of 2016. ...
Southern tried to run too many trains on poor infrastructure: report image
Source : Guardian [Read Article] Thursday 22nd of June 2017 09:33:08 AM
....He considered whether the franchise should be stripped from GTR but said it could further delay Thameslink improvements. In a phrase that lays bare the involvement of ministers, often officially denied, in the battle between unions and GTR, Gibb wrote: “Whilst you are already determining the strategic direction of this dispute, the introduction of a state-owned and governed operator would mean that every aspect of the dispute would fall under the direction of the secretary of state. ...
Fox’s £11.7bn bid for Sky ‘should be referred to competition authorities’ image
.... He urged Bradley to refer the takeover to the Competition and Markets Authority (CMA) for an in-depth investigation. Ofcom is examining whether the proposed takeover by 21st Century Fox, the owner of Fox News, will give Murdoch too much control of news media and whether the enlarged media group will adhere to existing standards of accuracy and impartiality. ...
Barclays: who are the four charged bankers? image
Source : Guardian [Read Article] Tuesday 20th of June 2017 02:17:46 PM
.... After handing over to Bob Diamond in 2011, Varley retired to Hampshire, but still sits on the board of US fund manager BlackRock, and is chairman of Marie Curie Cancer Care. He was also a director of global mining group Rio Tinto until the fraud charges were announced, when he quit with immediate effect. ...
Senior Barclays bankers charged with fraud over credit crunch fundraising image
.... Kalaris, a London-based US citizen, ran the wealth management arm of Barclays. They did not immediately comment, although Varley resigned as a director of mining group Rio Tinto just after the charges were revealed. ...
Why the political uncertainty won't shake house price foundations   image
Source : Daily Express [Read Article] Sunday 18th of June 2017 09:46:00 AM
....Peter Williams, executive director of the Intermediary Mortgage Lenders Association, says governments have repeatedly failed to tackle the chronic shortage of housebuilding. “It makes sense to adopt a consensual, crossparty approach to determining housing policy and put the UK property market on a more stable footing. ...
Record levels of green energy in UK create strange new world for generators image
....“What you see with more wind and solar in the market is a lot more volatility of prices in the day,” said Hervé Touati of the Rocky Mountain Institute, a US energy research body. He has seen the same phenomenon in California, where the two technologies now play a key role in determining price. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
....A second investigation being undertaken into Google is considering if it unfairly banned competitors from websites that used its search bar and adverts. The regulator is also examining how Google pays and limits mobile phone providers who use its Android software and Play app store. ...
Brexit Bond offers top rate of 3% - if savers are RIGHT about UK's exit from EU image
Source : Daily Express [Read Article] Wednesday 14th of June 2017 04:15:00 PM
...."Of course we live in an uncertain world and there are many other things that affect the Pound:Euro exchange rate, not just the Brexit negotiations. "This means that Brexit may not be the dominant factor determining the exchange rate on March 29, 2019. ...
Brussels plan could force euro clearing out of UK after Brexit image
Source : Guardian [Read Article] Tuesday 13th of June 2017 06:05:20 PM
....Brexit meant “certain adjustments to our rules” were needed, he added. EU officials gave officials a degree of discretion in determining whether the EU’s financial stability is threatened by the trade in Brexit London. ...
Plane makes emergency landing in Sydney after hole appears in engine image
Source : Guardian [Read Article] Tuesday 13th of June 2017 11:30:43 AM
....Images show a huge hole in the Trent 700 engine, designed and developed by Rolls-Royce in Derby. Investigators are now understood to be examining the role played by part of the “nacelle”, the aviation industry term for the casing that surrounds a jet engine. ...
Rio Tinto bidding war: Glencore offers US$100m more for Australian coalmines image
....A multibillion-dollar bidding war for most of Rio Tinto’s Australian coalmines has broken out between China-backed Yancoal and Glencore after the Swiss commodities company made an unexpected offer. Rio Tinto, the world’s second-largest miner, is exiting coalmining in Australia at a time of falling prices and market volatility. ...
Election 2017: What now for your finances? image
Source : BBC [Read Article] Friday 9th of June 2017 09:06:04 AM
....Uncertainty abounds yet, even in its infancy, we know that the government - whomever forms it and however it operates - will make changes that will have a significant impact on your finances. This will have permutations for pay, decisions determining the length of our working lives and, of course, a new relationship with the European Union that will affect our financial outlook as a nation and individually. ...
Co-op Bank draws interest from Qatar conglomerate image
Source : Guardian [Read Article] Thursday 8th of June 2017 03:30:28 PM
.... Its financial difficulties were followed by revelations about its former chairman Paul Flowers who was later fined for possessing cocaine, crystal meth and ketamine and was dismissed as a minister by the Methodist church earlier this year. In 2013, the bank found the capital it needed in a rescue deal led by hedge funds, who will now be influential in determining the outcome of any discussions with potential bidders. ...
Adani gives 'green light' for controversial Australia coal mine image
....The company described the announcement on Tuesday as a "green light". It followed a mining royalties deal struck between Adani and the Queensland state government last week. ...
Hopes of EU-US trade agreement put on ice, say Brussels sources image
Source : Guardian [Read Article] Monday 5th of June 2017 10:46:08 PM
. The prospect of a revived EU-US trade deal is in “deep freeze”, according to Brussels sources, undermining reports that the EU has been inching ahead of the UK in the race for an arrangement with Washington. ...
If you want to get technical, recession records are nothing to brag about | Greg Jericho image
....3%, it remains very timid:. Worse still is that while the treasurer continues to suggest we are near the end of the fall in mining investment dragging down economic growth, the latest figures for expected investment suggest the fall still has a way to go. ...
London Stock Exchange shouldn't bend rules for $2tn Saudi flotation | Nils Pratley image
.... It is designed to ensure that minority shareholders can exercise minimum rights on how a company is run and who serves on its board. In the absence of such protections, you can end up with cases like ENRC, the Kazakhstan mining outfit that was briefly a member of the FTSE 100 index, lost a packet for its shareholders, and was dubbed “more Soviet than City” by one non-executive director as he was ousted. ...
Noel Edmonds' lawyers label Lloyds bank fraud payout scheme a 'sham' image
....The TV presenter’s lawyers have written a lengthy letter to Prof Russel Griggs, appointed by Lloyds in March to review the level of compensation it intends to award to 64 victims of the fraud from a £100m pot it has set aside, calling the scheme a “sham”. The letter, seen by the Guardian, claims that fraud victims are being shortchanged because the bank is determining the payouts with no independent scrutiny, and that Griggs lacks the financial expertise to ensure they are fair. ...
Government support needed to unlock billions in green business, says industry image
....In a letter to the Guardian, a group representing more than 30 of the UK’s green and low-carbon companies forecast that the low-carbon economy would rocket from 2% of the UK’s GDP today to 13% in the next three decades, boosting both manufacturing and services, but only with government support. The business leaders urged politicians across the spectrum to respond, as the policies of the next government will play a major role in determining how the sector develops and whether job opportunities are realised. ...
Is deep sea mining vital for a greener future – even if it destroys ecosystems? image
. Mining the deep ocean floor for valuable metals is both inevitable and vital, according to the scientists, engineers and industrialists exploring the world’s newest mining frontier. ...
How to respond to Trump's America | Joseph Stiglitz image
Source : Guardian [Read Article] Friday 2nd of June 2017 01:29:00 PM
.... His rejection of science, in particular climate science, threatens technological progress. And his bigotry toward women, Hispanics, and Muslims (except those, like the rulers of Gulf oil sheikhdoms, from whom he and his family can profit), threatens the functioning of American society and its economy, by undermining people’s trust that the system is fair to all. ...
US adds fewer jobs than expected image
Source : BBC [Read Article] Friday 2nd of June 2017 12:56:13 PM
....Private sector employers added 147,000 jobs over the month, led by the professional and business services, health care, and leisure and hospitality sectors. Construction and mining payrolls also rose. ...
Sterling flat as shares edge higher image
Source : BBC [Read Article] Friday 2nd of June 2017 07:47:25 AM
....These overseas sources of income are worth more when translated into sterling, thus boosting their profits. However, mining stocks, which tend to dominate this category, had a mixed performance. ...
Paris climate deal: US firms criticise Trump move image
Source : BBC [Read Article] Thursday 1st of June 2017 10:26:59 PM
....But for the US coal lobby, the decision by Mr Trump to withdraw from the global Paris agreement on climate change was a win. Murray Energy, a coal mining company based in Ohio, applauded the move, describing it as an important part of the Trump administration's broader environmental agenda. ...
Labour’s hope doesn’t usually play well in an age of anxiety image
Source : Guardian [Read Article] Saturday 27th of May 2017 04:00:32 PM
....Last year’s Brexit vote illustrated many things, among them the propensity of voters to disregard short-term effects on their personal finances in favour of high ideals for a better world, whatever they felt that to be. Yet the economy looms large in the background of this election and could still play a major role in determining the outcome. ...
Mongolia gets financial aid totalling $5.5bn from IMF image
Source : BBC [Read Article] Thursday 25th of May 2017 04:51:17 AM
....Mongolia's vast mineral resources has been the main source of economic growth. The mining boom pushed Mongolia's gross domestic product to peak at around 17. ...
Unions say Tories' zero-hours workers' review doesn't go far enough image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 09:42:36 AM
....“There is a mechanism for the individual to initiate this discussion where they want more flexibility, but not where they want less,” the CBI said. “A right to request fixed or more fixed hours should be introduced on the same basis as the right to request flexible working, as a more effective tool to address these issues, without undermining workers’ options or the enforcement of the minimum wage. ...
Billionaire makes 'biggest philanthropic gift' by living Australian image
. Australian mining magnate Andrew Forrest and his wife, Nicola, have announced they will give A$400m (£229m; $298m) to charity. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
....7m to the mission of the Church of England, although it admitted this was “only around 15% of the church’s overall income – most funding comes from the extraordinary generosity of parishioners”. The body said it had also been promoting responsible investment, including being “instrumental in filing climate disclosure resolutions at [mining groups] Anglo American, Glencore and Rio Tinto” and continuing “to vote against the majority of remuneration reports”. ...
Ikea seeks to make more products in UK to fend off post-Brexit vote price rises image
....Ikea is considering making more products in the UK as the Swedish furniture chain bids to fend off Brexit-led price rises. The retailer already makes some sofas and mattresses in Britain, but UK boss Gillian Drakeford said it was actively examining how it might increase that work while looking at other products that can be sourced domestically. ...
Government may fund South African mine that would compete with Adani image
Source : Guardian [Read Article] Saturday 20th of May 2017 12:27:03 AM
....It has also questioned Efic’s capacity to assess environmental and social risks, given it has provided finance to some of the worst social and environmental catastrophes in the Asia-Pacific region, including the Ok Tedi Mine, the Porgera mine, and the Bougainville Panguna mine. “South Africa’s mining industry has a poor record on accountability, human rights and environmental issues, raising the risk of Efic, an Australian government entity, being linked to these problems,” it says. ...
Mine craft: why BHP's strategic overhaul could help repel a hedge fund predator image
.... For one thing, it’s not even called that any more. As part of its “Think Big” rebranding theme, the world’s biggest mining company opted to shed the Billiton moniker it acquired in a 2001 merger with a Dutch-South African company and revert to its previous true-blue Aussie name. ...
VW chief Matthias Mueller probed over emissions scandal image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:50 AM
....In the wake of the scandal, Volkswagen's share price dropped dramatically. Investigators are examining whether executives knew about the magnitude of the unfolding scandal - which began in the US - but failed to inform the markets in a timely manner. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
....As the main director of RAL, Chappell could be personally liable for money owed by the company. Lance Ashworth QC, a barrister specialising in insolvency, said liquidators would now be closely examining RAL’s accounts to establish if all the payments and agreements made by the company were legitimate. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
....Brunch has become a convenient scapegoat for structural inequality. Instead of truly examining the social and economic forces that lock young people out of the property market, why not focus on our expenditure? Never mind that, for most young people, it would take over a century of skipping their luxurious monthly brunch in order to get a mortgage for a poky starter home. ...
Global stock markets: what's driving the record rises – and will they continue? image
....Beijing’s commitment to spend billions of dollars on new roads, ports and other infrastructure is likely to drive up consumption of commodities such as iron ore, copper and nickel. In turn this has given a boost to shares in mining companies that dig the key commodities out of the ground. ...
House prices in UK shift to lower gear image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:33:40 AM
...."It is now abundantly clear that the housing market is in its softest patch for several years," said Samuel Tombs, chief UK economist at Pantheon Macroeconomics, pointing to early indications of a significant fall in prices of new-builds. "Looking ahead, it is very hard to see growth in central London prices recovering, given that valuations look stretched, the financial sector is facing an uncertain post-Brexit future and volatility in sterling is undermining property's safe-haven appeal for overseas investors. ...
Online betting firm 888 investigated by watchdog image
Source : Guardian [Read Article] Monday 15th of May 2017 02:37:15 PM
....Online gambling company 888 is being investigated by the industry regulator, which has the power to strip betting firms of their licence to do business, amid concern over the tools it uses to help problem gamblers. The Gambling Commission is examining 888’s “self-exclusion” regime, a system betting firms use to allow customers to bar themselves voluntarily from gambling. ...
Top UK fund manager divests from fossil fuels image
Source : Guardian [Read Article] Monday 15th of May 2017 05:01:36 AM
....One of Britain’s biggest managers of ethical funds is to dump £20m of shares in fossil fuel companies in one of the biggest divestments so far because of climate change. Shares in BHP Billiton, the Anglo-Australian mining giant, will be among those sold by BMO Global Asset Management’s range of “responsible” funds, which manage £1. ...
Troubled Toshiba misses annual results deadline image
Source : BBC [Read Article] Monday 15th of May 2017 04:54:42 AM
....5bn). The Tokyo Stock Exchange had given the Japanese giant until 15 May to report, but Toshiba said its auditors were still examining the figures. ...
Mining company BHP drops Billiton from name in $10m ad campaign image
Source : Guardian [Read Article] Monday 15th of May 2017 12:52:45 AM
.... We realised we had to start by telling people what BHP Billiton is and what we do,” the chief external affairs officer, Geoff Healy, said. The miner started out life in 1885 as the Broken Hill Proprietary Company, or BHP, and retained that name until its 2001 merger with Anglo-Dutch mining company Billiton Plc. ...
Anti-corruption police investigate UK firm over ex-Nigerian warlord deal image
. Anti-corruption investigators in four countries are examining a British firm’s links to a multimillion-pound defence deal involving a former Nigerian warlord. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
....So what’s the most irritating aspect? It’s the Tories’ breezy use of last year’s report by Competition and Markets Authority to justify a price cap. The key passage of that report said four out of five members of the panel had rejected their own initial analysis and now thought price controls were a bad idea: “The majority of us believe that attempting to control outcomes for the substantial majority of customers would – even during a transitional period – run excessive risks of undermining the competitive process, likely resulting in worse outcomes for customers in the long run. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....Lawrence Slade, the chief executive of the trade body Energy UK, accused the Conservatives of “giving up on competition”. “Further intervention risks undermining so many of the positive changes we are seeing in the market which are delivering benefits for consumers,” he said. ...
Federal budget 2017: the 10 graphs you need to see | Greg Jericho image
Source : Guardian [Read Article] Tuesday 9th of May 2017 10:39:56 AM
....4% in real terms. That growth was not uncommon during the mining boom years, but has been reached only once in the past nine years:. ...
Tory energy pledge: May says she still believes in free market despite vow image
....Lawrence Slade, the chief executive of the trade body Energy UK, accused the Conservatives of “giving up on competition”. “Further intervention risks undermining so many of the positive changes we are seeing in the market which are delivering benefits for consumers,” he said. ...
Energy shares still down on cap pledge image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:38:39 AM
....Mining giant Glencore was up 2% on news it had started the sale process for its Tahmoor coking coal mine. It plans to stop mining there next year. ...
Akzo Nobel faces Elliott legal bid to oust chairman image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:36:22 AM
.... The firm is most famous for its long legal battle over Argentine debt, which climaxed when the firm seized an Argentine naval ship docked in Ghana. The hedge fund is also pushing mining giant BHP Billiton to reorganise and spin off its US oil unit. ...
Kelvin Mackenzie to leave The Sun after Ross Barkley column image
Source : BBC [Read Article] Tuesday 9th of May 2017 06:06:04 AM
.... . Ofcom is currently examining an £11. ...
'Block Fox bid for Sky', says ex-guest claiming harassment image
....A woman who alleges she was sexually harassed at Fox News has asked UK media regulators to block 21st Century Fox's planned purchase of Sky. Ofcom is examining the £11. ...
FTSE 100 closes flat after French election image
Source : BBC [Read Article] Monday 8th of May 2017 08:33:34 AM
.... This might make it tougher than he thinks to engineer reforms," said Neil Wilson at ETX Capital. In London, shares in mining companies slid after the release of disappointing Chinese trade figures. ...
Euro gives up gains as investors look to post-election France image
Source : Guardian [Read Article] Monday 8th of May 2017 04:43:41 AM
....Analysts at BlackRock in a note on Monday: “We expect the focus to shift to French legislative elections in June. These will be crucial for determining Macron’s ability to implement his economic program, which includes labour market reforms that would make it easier for French businesses to hire and fire. ...
French champagne house Taittinger plants first vines in English soil image
....”. In colour-coded tubs – determining the grape variety – were bundles of spindly, red-wax-topped roots that had crossed the Channel for planting. ...
Let’s move to Blaenafon, Gwent: ‘Money and hard work have spruced it up’ image
.... Blaenafon lacks the obvious beauty and quaintness of Hay and the Wye valley and much of its thunder has been stolen by the revival of Abergavenny, just over the hill. Blaenafon may be as picturesque as a former mining town in the Welsh valleys can possibly get, but its beauty comes more from other directions: its doughty community; the stories of bravery told in the Big Pit museum; and the flavour of the lamb chops sold in the butchers. ...
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US jobs growth accelerates in April image
Source : BBC [Read Article] Friday 5th of May 2017 01:37:34 PM
.... . The rise in employment was driven by the leisure and hospitality sectors, health care and social assistance, financial activities and mining. ...
Oil hits five-month low amid warnings of commodities rout image
Source : Guardian [Read Article] Friday 5th of May 2017 01:51:47 AM
....Australia’s ASX200 share index was down 0. 8%, weighed by the mining and resource sectors, while the Hang Seng was off 1. ...
The science of inequality: why people prefer unequal societies image
Source : Guardian [Read Article] Thursday 4th of May 2017 08:00:04 AM
.... This outrage is sufficiently strong that subjects will pay to punish unequal distributors. One study examining this across 15 diverse cultures found that members of all populations demonstrated some willingness to administer costly third-party punishment for unequal division of resources – although the magnitude of this punishment varied substantially across populations. ...
Green heating system accused of causing 'fuel poverty' image
Source : BBC [Read Article] Sunday 30th of April 2017 12:47:23 AM
.... . "The group is examining both industry and regulatory options to ensure all aspects of consumer protection can be an integral part of enabling new investment. ...

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