Newsroom

Burberry faces U.S. lawsuit accusing it of deceptive price tags

Reuters UK Business News - Fri, 12/02/2016 - 08:49
LONDON (Reuters) - British luxury fashion brand Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains.








Britain's debt agency appoints syndicate for new 2065 linker sale

Reuters UK Business News - Fri, 12/02/2016 - 08:40
LONDON (Reuters) - Britain's Debt Management Office said on Friday it had appointed a syndicate of banks for the launch of a new index-linked gilt maturing in 2065.








Prompt prices down on ample supply

Reuters UK Business News - Fri, 12/02/2016 - 08:27
(Reuters) - British prompt wholesale natural gas prices declined on Friday morning as supply outweighed demand.








Driver electrocuted as his tipper lorry hit overhead power cables at Block Fen quarry near Chatteris

Ely Standard - Fri, 12/02/2016 - 08:21

An eye witness has described the moment a driver was set alight after his tipper lorry hit overhead power cables at a Fenland quarry.

Categories: Local Press

Oil prices jump but oversupply still damps outlook

Reuters UK Business News - Fri, 12/02/2016 - 08:02
SINGAPORE (Reuters) - Oil prices jumped on Friday after comments by the energy minister of OPEC-member United Arab Emirates sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply would persist.








Monitise takes 167-million-sterling charge, posts wider H1 loss

Reuters UK Business News - Fri, 12/02/2016 - 07:52
(Reuters) - Monitise Plc , a mobile banking technology company, said it took a non-cash impairment charge of 166.8 million pounds ($241.6 million) in the first half for its non-cloud intangible assets.








Rolls-Royce halves dividend after full-year profit fall

Reuters UK Business News - Fri, 12/02/2016 - 07:38
LONDON (Reuters) - Britain's Rolls-Royce halved its dividend to shore up its finances after a slowdown in demand for some of its engines caused full-year profit to fall 16 percent.








Asian shares slip as bank fears add to global gloom

Reuters UK Business News - Fri, 12/02/2016 - 06:55
TOKYO (Reuters) - Asian shares fell for a sixth straight session on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets.








Yellen's dilemma: a downturn with no easy response

Reuters UK Business News - Fri, 12/02/2016 - 06:05
WASHINGTON (Reuters) - The Federal Reserve's carefully scripted decision to raise interest rates last December, and begin a return to "normal" policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to unconventional methods.








Insight - Mission incomplete: Rajan's overhaul of India's central bank

Reuters UK Business News - Fri, 12/02/2016 - 02:01
MUMBAI (Reuters) - In a video conference in mid-2014, Indian central bank governor Raghuram Rajan told employees that he wanted to hire talented external candidates and improve the quality of research at the 81-year-old central bank.








Insight - Elon Musk's vision is not for the faint of heart

Reuters UK Business News - Fri, 12/02/2016 - 01:19
(Reuters) - Leave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses - all in the middle of a market selloff.








Japan Finance Minister says will take necessary steps to deal with FX volatility

Reuters UK Business News - Fri, 12/02/2016 - 01:12
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday the government would take necessary steps to deal with currency volatility, the minister's strongest hint of intervention since the yen began its surge this month.








Google self-driving car effort expands hiring, posts manufacturing jobs

Reuters UK Business News - Fri, 12/02/2016 - 00:59
SAN FRANCISCO (Reuters) - Alphabet Inc's self-driving project is advertising dozens of jobs on its website with a special focus on manufacturing expertise.








Ex-Rabobank traders lose bid in U.S. to overturn Libor convictions

Reuters UK Business News - Fri, 12/02/2016 - 00:56
NEW YORK (Reuters) - Two former Rabobank traders on Thursday lost a bid to overturn their convictions arising from an international investigation into the manipulation of Libor, the leading global benchmark for pricing financial transactions.








Players tackle Ali Baba and the Forty Thieves

Newmarket Journal - Thu, 11/02/2016 - 21:18

A magical trip to the old bazaar in Baghdad following the tale of Ali Baba is the latest panto offering from Bunbury Players.

Categories: Local Press

Driver electrocuted as his tipper lorry hit overhead power cables at Block Fen quarry near Chatteris

Ely Standard - Thu, 11/02/2016 - 18:32

An eye witness has described the moment a driver was set alight after his tipper lorry hit overhead power cables at a Fenland quarry.

Categories: Local Press

Suffolk County Council rated good by Ofsted

Newmarket Journal - Thu, 11/02/2016 - 17:17

Suffolk County Council’s children’s services have been rated good by Ofsted, a report published today has revealed.

Categories: Local Press

UK university helps make one of the biggest space discoveries of all time

Newmarket Journal - Thu, 11/02/2016 - 17:17

Scientists at Sheffield University have helped to make one of the biggest space discoveries of all time which looks set to herald a new type of astronomy and unlock wonders of the universe.

Categories: Local Press

Ely station gets a CCTV upgrade that Abellio hope will improve customer safety

Ely Standard - Thu, 11/02/2016 - 16:39

Ely is one of 33 rail stations where the CCTV has been upgraded.

Categories: Local Press

Chatteris man Richard Maycroft gets 13 years for nine sexual offences on four victims - two were just 12 years old

Ely Standard - Thu, 11/02/2016 - 16:09

A father of two was jailed for 13 years today for nine sexual assaults on four female victims - two of which were 12 years old.

Categories: Local Press

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