LATEST NEWS

Inflation falls back for the first time since June to 3%

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The rate of inflation has eased for the first time since June last year, falling to 3% in December as growth in food costs slowed. The Office for National Statistics (ONS) said a weaker increase in air fares compared to the same month in 2016 also contributed to the 0.1% fall in consumer price inflation from 3.1% in November – ...

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Pele backs Brazil to win sixth World Cup | Sports

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Pele won three World Cups with Brazil in 1958, 1962 and 1970 RIO DE JANEIRO: Footballing legend Pele said that Brazil are favourites to win the World Cup in Russia, four years on from their humiliation on home soil. Five-time winners Brazil were thrashed 7-1 in the 2014 semi-finals by eventual champions Germany at the Maracana, but Pele, considered one ...

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Qatar central bank chief: will consider issue of virtual currencies

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DOHA (Reuters) – Qatar’s central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday. Sheikh Abdullah made the remark as he delivered a speech on Qatar’s plans to build a hub for financial technology, known as fintech. Asked ...

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When picking crypto winners, don’t think long term, Banking & Finance

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Tue, Jan 16, 2018 – 4:11 PM JPMORGAN Chase chief executive officer Jamie Dimon retreated last week from his contention that bitcoin is a fraud. Still, he told the Fox Business network that “bitcoin to me was always what the governments are going to feel about bitcoin as it gets really big”. Will governments smash cryptocurrencies, or will cryptocurrencies smash ...

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Exclusive: U.S. lawmakers urge AT&T to cut commercial ties with Huawei – sources

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WASHINGTON (Reuters) – U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides. The warning comes after the administration of U.S. President ...

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Bidder for the Weinstein Company says bankruptcy may be best option | Entertainment

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Harvey Weinstein arrives at the 89th Academy Awards in Hollywood, California, US, February 26, 2017. REUTERS/Mike Blake/Files Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio. Killer Content’s ...

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Zainab murder case: Govt arrested innocent people for its paperwork, claims Shah | Pakistan

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Opposition Leader Khurshid Shah speaking to media in Kasur. Photo: Geo News KASUR: Opposition Leader Khurshid Shah claimed that the government has arrested innocent people in connection with the Zainab murder case for its paperwork. Zainab, aged 7, was kidnapped on January 4 from near her aunt’s house in Kasur. Her body was discovered five days later from a garbage ...

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Australian father’s instinct helps find trapped son

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Image copyright NSW Ambulance Image caption The man had been trapped for 30 hours by the time he was rescued An Australian teenager has been found alive in a car wreck after his father made an intuitive decision to search for him in a helicopter. Samuel Lethbridge, 17, was trapped for 30 hours after his car left a New South ...

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Harry Uzoka death: Two charged with model’s murder

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Image copyright Harry Uzoka Image caption Harry Uzoka died at the scene in west London on Thursday Two men have been charged with the murder of a London model who was killed by a stab wound to the heart. Harry Uzoka, 25, was pronounced dead at the scene in Shepherd’s Bush, west London, at about 17:00 GMT on Thursday. George ...

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Halep survives date with Destanee in opening round

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MELBOURNE (Reuters) – World number one Simona Halep flirted with another early exit from the Australian Open and suffered an ankle injury before rallying to reach the second round with a 7-6(5) 6-1 victory over local teenager Destanee Aiava on Tuesday. The Romanian top seed was almost blown off the court by the big-hitting 17-year-old Melburnian in the opening stanza, ...

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