President Barack Obama antagonises Republicans as he unveils ambitious clean power plan August 3, 2015 Framing climate change as one of the most pressing challenge the world faces, President Barack Obama has unveiled what he called “the single most important step America has ever taken in the fight against global climate change.” The goal of the plan, which has been two years in the making, is to cut greenhouse gas [...]
Twitter shares plummet 5.7 per cent to close at record low August 3, 2015 Shares in Twitter have closed at a record low after tanking 5.7 per cent to $29.27 amid concerns about the prospects for the social media platform's growth. Since their peak in January 2014 when investors were excited about the potential for growth at the newly public social media company, Twitter shares have fallen 58 per [...]
Calais migrant crisis: Foreign secretary Philip Hammond says government “has got a grip” on crisis August 3, 2015 The government has a grip on the migrant crisis in Calais, the foreign secretary Philip Hammond has said, while David Cameron faces calls to return from his holiday. Speaking after chairing a meeting of the government’s emergency committee, Cobra, Hammond confirmed the UK would commit 100 more guards to Calais’ Eurotunnel terminal. https://twitter.com/PHammondMP/status/628276498525483008 The foreign [...]
EU outlook revised to “negative” from “stable” by Standard & Poor’s August 3, 2015 Standard and Poor’s has revised the EU’s outlook to negative due to the ongoing Greek debt crisis and growing fears that the UK could vote to leave the EU. The decision also reflects that S&P believe the EU’s AA+ credit rating has a greater than 1-in-3 change of being cut in the next 2 years. This [...]
Labour leadership race: Shadow chancellor Chris Leslie confirms he would not serve under Jeremy Corbyn August 3, 2015 The Labour party would “not be the party” the shadow chancellor Chris Leslie joined if Jeremy Corbyn won the leadership. In an interview with the BBC, Leslie said Labour needed to find a “credible” alternative Prime Minister and that he would not service under Corbyn if he did win the leadership. Leslie is backing Yvette [...]
Dragon Oil share price surges after Enoc wins backing of company’s minority owners August 3, 2015 Shares in Dragon Oil opened nine per cent higher to 799p this morning after Emirates National Oil Company secured enough shareholder votes to privatise Dragon Oil this weekend, having revised their offer for each Dragon Oil share to 800 pence “to give all parties certainty,” the company said in a statement. Increasing the takeover bid [...]
Republican Presidential nominee hopeful Donald Trump says he isn’t looking to attack rivals in first Republican debate August 3, 2015 The Republican presidential nominee frontrunner Donald Trump said he isn’t looking to attack his opponents in the first US Republican debate later this week. Speaking on ABC’s This Week, Trump said that he isn’t “going to be throwing punches. I'm not looking to attack them.” The real estate mogul has surged in the polls recently, [...]
Former Labour leader Neil Kinnock warns party against a vote for Jeremy Corbyn August 2, 2015 Labour needs to elect a leader capable of taking them to victory in the 2020 election and serving as Prime Minister, which is why Andy Burnham should be supported, former leader Neil Kinnock has said. In an article in the Observer, Kinnock warned against support for Jeremy Corbyn as someone who would not be able [...]
Greek shares anticipated to plunge as much as 20 per cent when stock exchange reopens August 2, 2015 The Athens Stock Exchange is anticipated to tumble by as much as 20 per cent as traders expect a tumultuous day of trading when the Greek stock market reopens tomorrow after a five-week closure. “The possibility of seeing even a single share rise in tomorrow’s session is almost zero,” said Takis Zamanis, chief trader at [...]
FA Community Shield 2015: Arsenal beat Chelsea one-nil to take first silverware of the season August 2, 2015 Arsenal have won the first silverware of the football season by overcoming Chelsea by one goal to nil at Wembley Stadium. While the Community Shield does not carry a big financial reward, Arsenal winger Theo Walcott said to BBC 5 live the win “gets the team in the winning spirit” for the start of the [...]
