Saturday, 28 Dec 2024

Business

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Sterling reels on deepening Brexit crisis; yen gains

SINGAPORE (Reuters) – Investors in the British pound remained on edge in early Asian trade on Friday after the currency suffered a tumultuous slide overnight on fears the country could crash out of the European Union without a divorce deal. Both the and the yen benefited from a deepening crisis for UK Prime Minister Theresa […]

Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes

SYDNEY (Reuters) – The British pound lay battered and bruised in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal. Asian share markets fared better as hopes for a thaw in Sino-U.S. trade relations gave Wall Street a fillip, though […]

Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes

SYDNEY (Reuters) – The British pound lay battered and bruised in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal. Asian share markets fared better as hopes for a thaw in Sino-U.S. trade relations gave Wall Street a fillip, though […]

INM journalists scoop six awards at 2018 Newsbrands Ireland Journalism event

Coverage of the tracker mortgage scandal and extensive reports of the homeless crisis have put Irish Independent journalists on top at this year’s Newsbrands Ireland Journalism awards. Journalists at Independent News & Media have won a total of six awards across 27 categories at the annual awards ceremony in the Mansion House. Award-winning journalist Charlie […]

New jury fails to reach verdict in J&J South Carolina talc cancer trial

(Reuters) – A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson’s (JNJ.N) baby powder led to her death from asbestos-related cancer. The case of Bertila Boyd-Bostic, who died of a rare form of […]

Bankrupt Sears wins court approval for plans to sell stores

WHITE PLAINS, N.Y. (Reuters) – Sears Holdings Corp (SHLDQ.PK) won U.S. bankruptcy court approval on Thursday to move forward with plans to stay in business and sell itself, even as it continues to evaluate offers to liquidate its business. The 125-year-old retailer, which filed for Chapter 11 bankruptcy last month, faces opposition to its plan […]

Automaker groups warn U.S. tariffs will undermine new NAFTA deal

WASHINGTON (Reuters) – U.S. automakers and parts suppliers on Thursday urged the Trump administration to end steel and aluminum tariffs on Mexico and Canada and warned that potential U.S. national security tariffs on automotive imports would lead to widespread job losses. In testimony at a U.S. International Trade Commission hearing on the deal to replace […]

Why Amazon Chose the Wrong Locations for Its HQ2

So, the Amazon bragging rights go to New York City and the Washington, D.C., area. Why do I feel a little deflated? Amazon’s choices for its secondary headquarters should be mostly good news for a New York City resident and frequent Washington visitor like me. New York’s airports, bridges, highways and tunnels may finally get […]

Tánaiste: Mrs May will now need to be 'tough' if Brexit deal is to survive

TÁNAISTE Simon Coveney has said the British Prime Minister Theresa May will need to be “tough, resilient and persuasive” in the days ahead if the Brexit deal is to survive. Amid a string of ministerial resignations in the UK today including that of Brexit Secretary Dominic Raab, Mr Coveney described the situation in Westminster as […]

Need a Brexit catch-up? Here is everything that happened in the last 24 hours

UK Prime Minister Theresa May stepped out of 10 Downing Street at about 7.15pm on Wednesday following a marathon five-hour Cabinet meeting and announced the Cabinet had agreed the draft Brexit withdrawal agreement. Here are the key developments since. Wednesday, November 14 – 7.15pm – Prime Minister Theresa May makes a statement outside 10 Downing […]