Saturday, 28 Sep 2024

Business

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U.S. job growth cools in November, monthly wage gains modest

WASHINGTON (Reuters) – U.S. job growth slowed in November and monthly wages increased less than expected, suggesting some moderation in economic activity that could support expectations of fewer interest rate increases from the Federal Reserve in 2019. The Labor Department’s closely watched monthly employment report on Friday came against a backdrop of a steep sell-off […]

Junior oil firms cut dividends amid uncertainty in energy sector

Prices for western Canadian oil continued to strengthen on Friday as markets adjusted to a plan by the Alberta government to eliminate a glut of oil that has plagued producers for months. After hitting highs of more than US$52 per barrel in October, the discount on Western Canadian Select bitumen-blend crude versus New York-traded West […]

Phil Hogan hits back at Tory politician's Brexit 'starvation threats' to Ireland

Irish EU Commissioner Phil Hogan has hit back at suggestions by a leading British Conservative politician that London should use ‘starvation threats’ against Ireland in last-ditch Brexit talks. Former UK International Development Minister, Priti Patel, was commenting on an official British report which noted Ireland would lose 7pc of its wealth or GDP in a […]

U.S. wants Huawei CFO to face prosecution for fraud: court hearing

VANCOUVER/TORONTO (Reuters) – U.S. prosecutors want a top executive of China’s Huawei Technologies Co Ltd to face charges of fraud linked to the skirting of Iran sanctions, a Vancouver court heard on Friday. Huawei CFO Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on Dec. 1 at the request […]

Asda’s adorable festive bedding proves a hit with shoppers on social media

Festive bedding is a thing… Asda has revealed it had a huge online spike in sales and searches for ‘festive bedding’ last year, and to deal with the high demand this year the supermarket giant has expanded its range now on sale at asda.com. Spreads in the collection are priced between £10 and £16, and […]

Sleeping bags and mini golf as traders brace for Brexit all-nighter

LONDON (Reuters) – As lawmakers gather in Britain’s parliament on Tuesday to vote on the future of the country’s relationship with Europe, traders in London’s financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself. Sterling plunged more than 10 percent in the immediate aftermath of […]

Oil prices surge 4 percent on OPEC-led output cuts of 1.2 million bpd

NEW YORK (Reuters) – Oil prices jumped more than 4 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia agreed to reduce output to drain global fuel inventories and support the market. The Organization of the Petroleum Exporting Countries and its Russia-led allies, referred to as “OPEC+,” […]

GiffGaff, Tesco Mobile, Lycamobile and Sky Mobile compensation after O2’s crash

O2’s data outage on Thursday left more than 32 million people without connection, including those supplied by the likes of GiffGaff, Tesco Mobile, Lycamobile and Sky Mobile. The firms all run on O2’s Telefónica cables – which meant when the server went down, so did their online access. The data glitch occurred at around 5:30am […]

The Body Shop launches Christmas codes to save shoppers cash on gifts

You can’t go wrong with some smellies at Christmas and luckily for shoppers The Body Shop has announced a number of codes to help shoppers this Christmas. Thank to hotukdeals user ‘ unkownmiss ‘ we’ve found this great deal, and it could not have come at a better time if you’re stuck what gifts to […]

Ban on betting adverts during live TV sport denied as gambling shares fall

Sources told Sky News there was anger in the sector after the BBC said a voluntary deal had been secured among members of the Remote Gambling Association (RGA) amid political pressure to help combat problem gambling. The body, which presides over the industry code and counts Bet365, Betfred, Ladbrokes, Paddy Power and William Hill among […]