Scientists create wee-ly good Glastonbury festival toilets that generate electricity July 11, 2016 It might have p*ssed down with rain at Glastonbury this year, but festival-goers can take comfort in the fact they helped further a potentially transformative project for the developing world. Researchers over at the University of West England created a urinal which uses the bacteria found in wee to generate energy. Read more: Civil servants are massive [...]
Mixed fortunes for North Sea drillers trying to strike black gold July 11, 2016 Two firms that bet on finding black gold in the North Sea revealed markedly mixed fortunes. Independent oil and gas producer, Faroe Petroleum, got lucky near its main Brasse well in Norway, it said today. The company added that the discovery could produce as much as 80,000 barrels of oil. Shares in the company were up 5.52 per cent [...]
LSE responds to Deutsche Boerse’s proposal for a lower vote threshold as deadline looms July 11, 2016 The London Stock Exchange response to bidder Deutsche Boerse's proposal for a lower acceptance threshold that will ensure the deal goes through. "No decision has been made in this regard yet," LSE said in a statement today. The decision will be made today when the facts "will be finally evaluated by the parties involved", it added. Read more: Analysts [...]
Labour leadership race back on as former shadow business secretary Angela Eagle announces bid July 9, 2016 Angela Eagle will announce her bid to become the Labour party's next leader on Monday after peace talks between warring factions collapsed. Ms Eagle said she would "explain my vision for the country and the difference a strong Labour Party can make" on Monday, the BBC reported. Read more: Labour's Owen Smith delays decision on leadership [...]
Labour leadership crisis worsens as peace talks collapse July 9, 2016 Labour party turmoil deepened today after deputy leader Tom Watson called off talks aimed at striking a compromise deal between Jeremy Corbyn and party rebels. The move will likely pave the way for former shadow business secretary Angela Eagle and Pontypridd MP Owen Smith to launch leadership bids. Read more: Labour's Owen Smith delays decision on leadership challenge Corbyn has [...]
Andrea Leadsom under fire over “misquoted” motherhood comments July 9, 2016 Tory leadership hopeful Andrea Leadsom faced a barage of criticism after reportedly suggesting that motherhood meant she would make a better prime minister than rival candidate Theresa May. The Times newspaper published a front-page story headlined "being a mother gives me edge on May – Leadsom" based on an interview with the back-runner candidate. The energy minister has three children, [...]
Union urges Tata to end “rollercoaster of uncertainty” as it halts UK sale July 9, 2016 Unite is pressing Tata Steel to give cast iron guarantee to end the "rollercoaster of uncertainty" for British Steel workers following the group's decision to halt the sale of its UK assets. Tata said late last night that it had paused the sale of its biggest UK assets as it entered talks over a joint venture with German [...]
Tata Steel halts sale of Port Talbot as it eyes deal with German rival Thyssenkrupp July 9, 2016 Tata Steel said late last night that it had halted the sale of its biggest UK assets as it entered talks with German rival Thyssenkrupp. The announcement came after business secretary Sajid Javid flew to Mumbai ahead of a Tata board meeting which took place yesterday. The discussions regarding a joint venture are at an early stage, Tata added. Their [...]
Oil on course for largest weekly drop in six months July 8, 2016 Global oil prices headed towards their biggest weekly drop in six months today. Brent crude, the global benchmark, rose 0.39 per cent to $46.58 per barrel in late afternoon trading. Meanwhile, its US counterpart West Texas Intermediate rose 0.20 per cent to $45.23. Read more: Norway union and oil industry talks break down as strike threat looms Both benchmarks were [...]
Moody’s warns political contagion from Brexit vote could threaten EU’s existence July 8, 2016 Moody's issued a stark warning that political spillovers from the Brexit vote could one day threaten the bloc's very existence and hit global economic growth. It came as the credit ratings agency downgraded the Eurozone's growth forecasts to 1.5 per cent from 1.7 per cent this year, and to 1.3 per cent from 1.6 per cent in [...]
