UK households have £10,700 wiped from bank account in cost of living blow
According to a major report from the Resolution Foundation and the London School of Economics’ Centre for Economic Performance, UK living standards are falling behind comparable rich nations.
BOV reports profit before tax of €148.2 million for first half of 2024
An increase of 40.9% over same period last year
GCSE pass rate falls across UK for third year running
The prime minister Sir Keir Starmer congratulated pupils.
World population to hit 8 billion in 2024
The world population grew by 75 million people over the past year and on New Year’s Day it will stand at more than eight billion people, according to figures released by the US Census Bureau on Thursday.
Big Pharma hiked the price of 775 drugs this year so far: Report
Meanwhile, Senate to consider subpoenas to force pharma CEOs to testify on prices.
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation.
Awang Tengah: Sarawak records total approved investment of RM10.4 bln in first half of 2024
KUCHING (July 29): Sarawak has recorded a total approved investment of RM10.4 billion in the first half of 2024, said Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said these investments, including those approved by the Industrial Coordination Committee, comprised foreign direct investment
Arabian Cement logs higher profits at SAR 83m in H1-24; dividends unveiled
Riyadh – Mubasher: Arabian Cement Company recorded a 7.64% year-on-year (YoY) growth in net profit to SAR 83.10 million during the first half (H1) of 2024, compared to SAR 77.20 million. The revenues amounted to SAR 402.80 million in H1-24, …
Efforts on to create addl 30L acres ayacut in 5 years
The State government is all set to create an additional ayacut of 30 lakh acres in the next five years.
World population up 75 million this year, topping 8 billion by Jan. 1
The worldwide growth rate in the past year was just under 1%. The growth rate for the United States in the past year was 0.53%, about half the worldwide figure.
Lineage closes up more than 3% in market’s largest IPO of 2024
Lineage, the largest temperature-controlled warehouse REIT in the world, closed up by more than 3% after going public under the ticker symbol "LINE."
Russia's Yandex, under new ownership, proposes dividends for first time
:Russian technology company Yandex on Tuesday said it may start paying dividends for the first time, as it reported a sharp rise in core earnings after completing a lengthy and complex split from its Nasdaq-listed, Dutch parent company. A Russian consortium of buyers this month finalised a $5.4 billion cash a
Revenue seizes almost €1.7m worth of cannabis over course of last week
Revenue officers seized 82 kgs of herbal cannabis and 9 kgs of cannabis resin, worth €1,694,000, throughout the week
Revenue officers seized more than half a million euros worth of illicit tobacco at Dublin Port
The illicit tobacco was discovered within a consignment when revenue officers examined an unaccompanied trailer arriving from Rotterdam, via the Czech Republic
World population up 75 million this year, topping 8 billion by Jan. 1
The U.S. added 1.7 million people and will have a population on New Year’s Day of 335.8 million people.
Get Your Money Out of These 3 Telecom Stocks by October
The rise of generative AI in the telecom industry will see new winners and losers emerge, and some telecom stocks could be left behind.
Nearly £350,000 worth of grants on offer across Dumfries and Galloway
The third round of the region’s Community Led Local Development Fund aims to help everything from charities and community groups to small and medium sized enterprises
Earth's 'Gateway to Hell' is growing by 35 million cubic feet each year
Whether you're a John Carpenter fan or a biology enthusiast, you shouldn't need much convincing to know that the melting of subterranean permafrost at the poles is not a good thing. Last year, scientists gave us one more thing to lose sleep over, reviving a 48,500-year-old 'zombie virus' unearthed from Arctic permafrost – and it was not the first time. It's one more sting in the tail of climate change – the threat of ancient diseases that have lain frozen and dormant for millennia.
In just one year, UK.gov's direct spend on AWS rises 76 percent
Cloud vendor remains a distance behind leading tech suppliers though
SST for electricity above 600 kWh to increase from 8% on March 1 – EV charging to cost more in Malaysia?
The government has confirmed it will bump up the SST rate to 8% for electricity usage above 600 kWh, which will have a knock-on effect on EV charging costs.
A luxury mansion sells for US$107 million after a discount of more than 30%
(Bloomberg) — A Chinese billionaire snapped up a luxury property on Hong Kong’s Victoria Peak for a discount of more than 30%, seizing an opportunity amid the city’s unprecedented real estate downturn.
Family support for first time buyers nearly doubles in five years
Research found the figure is double the total five years ago and that around 57% of those able to get on the property ladder in 2023 received help from parents or family members.
4 DWP payments worth more than £1,000 in cost of living support this February
The Cost of Living payments are coming from the DWP in a major boost for UK household finances, with more besides.
SCR surpasses 100 million tonnes of freight loading in record time
SCR achieves 100 million tonnes of freight loading in record time of 8 months & 26 days.
Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come
Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb 7 and Feb 8.…
Govt clears three semiconductor plants in Gujarat and Assam, CM Himanta says 'game changer for North East'
Within a very short time, the India Semiconductor Mission has achieved four big successes. With these units, the semiconductor ecosystem will get established in India.
First Nation solar farm in B.C. expected to save 1.1 million litres of diesel a year
ANAHIM LAKE, B.C. - A First Nation in central British Columbia will build what the federal government says will likely be the largest off-grid solar project in Canada.Nearly $16 million in federal and provincial funding is going toward the solar farm in Anahim Lake, home to the Ulkatcho First Nation, where power is currently diesel generated.Infrastructure Canada says in a news release that the project will reduce the need for diesel generation in the remote community by about 64 per cent, equal to 1.1 million litres less of diesel a year.The power plant will be built by the Ulkatcho Energy Corporation.BC Hydro says the project is expected to generate 3.8 megawatts, enough to power approximately 350 homes.The statement says BC Hydro will buy the solar energy and integrate it into power lines and a battery storage system to serve the community.This report by The Canadian Press was first published April 19, 2024.
Bank of America’s stock slides 1% as earnings almost halve from a year ago
Bank of America's revenue came up short of estimates on Friday, as it booked special charges and paid a $2.1 billion fee to the FDIC.
Rowland Fellowships 2025: Apply by Aug 16 for over Rs 75 lakh yearly salary
The Rowland Institute at Harvard has invited applications for the Rowland Fellowships 2025, with a deadline of August 16, 2024 and a salary beginning at $89,999 per year. The fellowship supports early-career researchers with funding, lab space, and mentorship.
LNER reduces total waste by a third in five years
The rail operator says dedicated teams are now sorting up to 100kg of waste per…
Gold: Weaker demand for jewellery in China, but stronger demand for bars and coins – Commerzbank
Demand for Gold in China weakened in the first half of the year, Commerzbank’s commodity analyst Carsten Fritsch notes.
19 new cases of JN.1 corona variant detected in Maharashtra, highest in Pune
Maharashtra has reported a total of 29 cases of JN.1 sub-variant of Omicron till now.
Shares at PSX reverse losses, up more than 1,000 points on hopes of rate cut
Optimistic outlook by the new finance minister fuelled the bull run, says analyst.
United States Gross Domestic Product Price Index came in at 2.5%, above forecasts (2.3%) in 2Q
United States Gross Domestic Product Price Index came in at 2.5%, above forecasts (2.3%) in 2Q
Northumberland shop to close after nearly 80 years of trading and it's holding a massive sale
The owners of Longbone & Son in Berwick have announced their plans to retire
‘Domestic value addition in electronics manufacturing can reach 30% soon’
The industry is seeking a production-linked incentive scheme for component manufacturing, says Sunil Vachani, founder and executive chairman of Dixon Technologies
Drivers in 44 towns and cities given new incentive to ditch petrol and diesel
An additional 44 councils from Torbay to Tees Valley have now received money to install EV charging points as the government ups its support.
Massive West Country farm available for first time in 50 years
The property has been in the family for three generations
First time unemployment filings fall by 2,000
Aug. 29 (UPI) -- First-time unemployment filings declined last week but Department of Labor daata released Thursday showed they remain at an elevated level.
Ivory Coast will deliver 50 million liters of gasoline monthly to Guinea
Ivory Coast will deliver 50 million liters of gasoline per month to Guinea, following the explosion and fire at the country's main fuel depot, Ivorian national television announced Wednesday evening.
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India's forex reserves rose by USD 58 billion cumulatively in 2023
In 2022, India's forex kitty slumped USD 71 billion cumulatively. Gold reserves during the week, however, declined by USD 102 million to USD 474.74 billion.
India may take 75 years to reach a quarter of US per capita: World Bank report
A World Bank report stated that more than 100 countries, including India, will face significant challenges in achieving high-income status in the coming decades.
HSBC boasts ‘strong profit performance’ for first half of 2024
‘We are confident that we have the right strategy and model to grow revenue, even in a lower interest rate environment,’ said bank boss Noel Quinn.
Kia recalls nearly 80,000 units of the 2011 Sorento over fire risk - Autoblog
Kia is recalling nearly 80,000 units of the 2011 Sorento over a fire risk, and fixing the problem could require replacing the engine.
50kg bag of rice to be sold at N40k – Nigerian Government
The Nigerian government said that the price of a 50kg bag of rice has been reduced by 50 per cent to N40, 000 across the country. The Minister of
Beverage container return scheme launch pushed back by a year
The scheme's commencement was pushed back at the request of a consortium of beverage producers who will design and operate it, said the National Environment Agency.
SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate
SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the second half of next year, its chief executive said in an interview. Sanjay Dhawan, CEO at SymphonyAI, said the firm is in talks with
Afreximbank records a 24.5% surge in profit to $826.2million
ANALYSIS | THE INDEPENDENT | Africa’s multilateral lender, African Export Import Bank, has recorded a significant 24.5% increase in net interest income for the first half of 2024, reaching $826.2 million driven by increase in loans and advances. The Bank also recorded a surge in fees and commission income that increased by 20.07% to reach $71.2 …
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last updated on 20 Sep 01:58